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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Hi woodukTo cherry pick his storyThe Australian Most private...
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