Hi Bull
$491 billion is only the petty cash account
There were reports 12 months ago that it was over one trillion then, so two trillion sounds feasible
But then if anyone has ever seen a balance sheet they will know of items of future debt and long term liabilities where accountants hide stuff they don't want the shareholders (you & I ) to know about
Of course you do not want to ask about the Australian governments exposure to derivatives is, otherwise you will never be able to sleep again
https://www.investopedia.com/terms/o/off-balance-sheet-obs.asp
Read and weep, but if you did not know that the government lied to you you are truly an innocent
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- Who says that Aus debt is a trillion $?
Hi Bull $491 billion is only the petty cash account There were...
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