IMF warns Australia on household debt vulnerability Australia's high levels of household debt leave it potentially exposed to a global economic shock or a banking crisis, the International Monetary Fund has warned. Read more here; http://www.abc.net.au/news/2017-10-04/imf-warns-australia-on-household-debt/9013634 The warnings continue. But, as history has shown, those living blissfully in a bubble can't see the bubble.
