what is australias total debt?, page-3

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    Hi wooduk

    To cherry pick his story
    The Australian

    Most private debt has been to fund housing not productive investments

    Austerity measures seldom work without structural reforms like changes in taxes, regulations and labour market policies

    Australia’s total debt is now 220 per cent of GDP


    Governments always take the easy way band aid effect and forget the bigger picture.

    Austerity methods have not worked elsewhere except to paper over the cracks
 
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