Is that the same Economics 101 that sees LNP setting up nicely...

Is that the same Economics 101 that sees LNP setting up nicely for the GFC following the US economic model. We were lucky there, we had only just got into the risk pot. Two more years and we too would have been substantially worse off. But the effects anyway caused ALP to bale it out.

And there you have it. Out of control excess creating an economic fail and ALP picking up the tab.

Economics 101, as you say Grant