why does she have to ruin sunday, page-5

"250 billion debt in a boom. Were will we eventually end up !!!"

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Hey Muzza, it could be worse... we could be Canada. They are $600 billion in debt in a resources boom.

Brasil's debt is $310 billion.

Is there a 'normal' (ie non-middle east) country with a mining boom that is actually in surplus????

There's enough hints to indicate even Howard/Costello would be sitting on debt today... maybe not $250B but they would be in debt and budget deficits.