Yes an viable alternative ,
Here's hoping the Reserve Bank and Treasury are on the correct track
Recently spoke briefly to an acquaintance ( old school mate ) who was a partner in a certain Merchant Bank with a former PM about Debt . Don't worry about the debt
He said the debt just goes into the system going round and round adding to the overall value with a slight effect of decreasing the total value of assets ,
My thinking was much like the dilution effect on share holdings in a company CR
The conversation was brief and didn't elaborate to my dissappointment .
Interesting
The Brains Trust - 2020, page-912
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Last
3,130.8 |
Change
5.800(0.19%) |
Mkt cap ! n/a | |||
| Open | High | Low |
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| XSO (ASX) Chart |