Down the slippery slope to debt hell they go.
$590 BILLION COVID DEBT - NO PROBLEM, THE GOVERNMENT OWNS THE PRINTING PRESSES Australia’s public debt is on track to rise by more than any other developed nation over the three years to 2022, according to the IMF What could possibly go wrong ?https://www.theaustralian.com.au/nation/politics/australia-leads-world-with-590bn-covid-debt-spike/news-story/a1dfb3ff0f261c3b519a98a01d29dcb6 …
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Can we join the EU? We'll get access to those pesky vaccines and we can get similar IMF terms to Italy/Spain/Portugal....
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Time for Australia to break free from the banking cartels and back on the Gold standard.
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I find this very hard to believe.. the UKs GDP dropped 20+ points. Furlough has been extended to Oct. They also have Brexit to navigate. Boris has feverishly borrowed and printed money. Lockdown has only just lifted - business ravaged. But I guess, if The Australian says so...
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People’s debt, deep state and big pharmaceuticals’ asset
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2013 was debt emergency lol could have saved the car industry also. Neoliberalism has failed Australia
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