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""Our debt is insignificant in comparison that of the US, per...

  1. stelios
    919 Posts.
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    26/09/22
    12:09
    Post #: 63877622
    "https://hotcopper.com.au/data/attachments/4704/4704837-b19e69ed9d905756d08bb5837efbe5f9.jpg"
    Our debt is insignificant in comparison that of the US, per capita /taxpayer /GDP, by any measure.
    Having the reserve currency supports the economy short term but disastrous long term.
    Interest on the US debt is more than our total debt and most likely to rise much higher.
    A Ponzi scheme no doubt.


    Last edited by stelios: 26/09/22
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    lightbulb Created with Sketch.  Great analysis
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