Australia's largest stock trading and investment forum Australia's #1 stock forum

https://ardevelopments.com.au/news/australia-leads-world-on-wealt...

First 2325 Last

Share
Profile

Follow
Nanood

7,791 Posts.

105

23/09/19

13:33

Post #: 40527200
Share

Originally posted by Menta ↑

As that chart clearly shows, Australia is leading the world in household debt-to-GDP. Australia is also leading the world in household debt-to-income. The credit fuelled binge of recent decades has created a housing bubble of historic and epic proportions. As history has repeatedly shown, the resultant housing crash and banking crisis with be proportionate.

Expand

https://ardevelopments.com.au/news/australia-leads-world-on-wealth/

Because we can afford it.
2 Upvote

Reply

There are more pages in this discussion • 1,976 more messages in this thread...

First 2325 Last