Just have a look at the rate of our accumulation of debt, both Government , Household & Private:
https://australiandebtclock.com.au
We're spending like drunken sailors as if there's no tomorrow and our RBA/Treasury euphemistically
calls it Quantitive Easing (QE) rather than Printing Money.
This will bight us in the backside later when our Peso is devalued and we're all that much poorer
.We have been simply living beyond our means or to put it bluntly, a country living on the credit card!
IMO we'll see more of the family jewels for sale within the next 2 years...eg: the Post Office etc!
- Forums
- Political Debate
- Today in VicDanistan
Today in VicDanistan, page-8
Featured News
Featured News
The Watchlist
HAR
HARANGA RESOURCES LIMITED.
Peter Batten, MD
Peter Batten
MD
Previous Video
Next Video
SPONSORED BY The Market Online