Its unequivocal - Australia DOES NOT - I repeat - DOES NOT HAVE A DEBT CRISIS. To quote from the article - which is quoting some very highly qualified economists... Nobel prize winning US economist Joseph Stiglitz used terms such as “absurd”, “crazy” and “a crime” to describe some of (Joe) Hockey’s budget measures, and dismissed the perceived debt and deficit problems, noting that any Australian who worries about debt “must be out of their mind.” Richard Holden, professor of economics at the Australian School of Business, put it this way: “First, Australia does not have a debt crisis. Or, to put it another way, Australia does not have a debt crisis.” Read on for an informative article on our conservative federal governments trumped up Debt Crisis and other political expediencies... Conservatives are warned - this article blows away your economics...
Posted on: Wed, 23 Jul 2014 09:15:34 +0000
Trending Topics
Recently Viewed Topics
© 2015