One does not have to be a Macro Economist to realise that the current Government's rate of spending is unstainable
but does any political party mention that?
No.
Why: because the electorate would shun it at the ballot box for even whispering the "T Word"
https://australiandebtclock.com.au
So what's the answer?
Our great economic hope up to 18 months ago was China but since
ScoMo/Dutton Inc has scotched that where to from now?
Will we keep on accruing debt until the World Bank/IMF/Wall St Troika
pulls us up (like Greece, Cypres , ROI etc post the GFC) and as such
robs us of our sovereignty in the process.
IMO our best bet to retain Sovereignty is to have no debt or better
still a $trillion of reserves for the paint day.
What have we got?
The complete opposite!
Tax: a dirty word for Election 2022
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