These results prove one thing., page-220

... that is surely a LOT of interest?

We are not in a debt trap.

Yet...
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Government debt is eek ... err bad. But not VERY bad.

Whereas Australian Private debt is horrific!

(Backed entirely by mortgages built on paper prices!)

George Soros assures us that the Australian House prices will cause the Australian banking sector to collapse. As sure as little green Tassie apples.

The government of rights ought be trying to counterweight this impending catastrophe.

Go Here http://www.economist.com/content/global_debt_clock (behind a subscription?) See Australia situtation deterioate against the world after 2010!