Howard started it all. Rudd had no choice but to follow it through. There is no political will to do the right thing. The household debt is a bloody disgrace and will compound the price crash disaster. DELEVERAGING !
The GFC forced the bus driver struggling to hold on down a slippery slope ended up stepping on the gas even more.
As the beast bites back with a vengeance, there is ABSOLUTELY nothing the government can do about it this time. It is hopelessly cornered.
