Sypaladin - Greece is an extreme example and you know it. You've manipulated my point
I'm more focussing on the UK and USA where debt is over 100% of GDP. Australia is currently at roughly 35% of GDP. You don't hear analysts saying that the UK is in a debt crisis and yet you're willing to agree with Tony's scaremongering that Australia is ?
I'll repeat what I said - Australia has one of the lowest national debt to GDP ratios in the developed world.
Calling it a debt crisis is just a blatant lie to drive an agenda.
