@NTman This is greece all over again it is in every country. Do you think the Australia government can afford pensions?? the answer is no. We have deficits just like the US the numbers are just smaller for Australia.
Every country currently cannot afford their expenses expect maybe Iceland who jailed all their bankers after the GFC.
I think the rest of the worlg should follow IMO.
Iron ore price, page-8178
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