Yes. Article highlights the fact that in essence govt debt does not really matter as the govt hold the printing press ) but for the prospect of inflation)
Private sector debt is the killer.
It means that the assets of a nation are mortgaged to foreigners.
As your article correctly points out straya is mortgaged to the fn hilt to yehuda money lenders in new york and london.
It is so sad the avg 'watto,' , tomo or jono have no idea that despite their southern cross tattoos, they dont actually own it!
