Mandatory boosters, page-79

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    The amount of debt these countries, including Australia, are piling up is off the richter. Interest payments mind boggling, and rate hikes looming!

    Who owns the debt? Who are our future generations beholden to? Same crew that own everything else and are profiting from this crisis at every turn?

    Australia's coronavirus bill: who does the government owe money to?

    "The Treasurer described the numbers as "eye-watering", and it could take decades for Australia to clear and younger generations could be saddled with financial hardship as a result."
    "Two-thirds of Australian government debt is held by non-resident investors – a share that has risen since 2009 and remains historically high. But it's difficult to say precisely who these investors are, though the largest bondholders often include central banks and commercial banks."
 
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