Author Topic: Australian debt - 5 Trillion  (Read 928 times)

Offline Judge Roughneck

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Australian debt - 5 Trillion
« on: October 16, 2014, 08:19:51 AM »
Australia: 5 t. +  (Five hundred billion $$)
http://www.australiandebtclock.com.au/

China: 14 t
http://mobile.bloomberg.com/news/2014-06-16/companies-to-seek-60-trillion-in-new-debt-as-asia-s-needs-grow.html

USA: 17 t
http://www.usadebtclock.com/


So fellow economic historians, who is the debt owed to?

Offline Diocletian

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Re: Australian debt - 5 Trillion
« Reply #1 on: October 16, 2014, 02:41:19 PM »
Mastercard and Vodafone.
"Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good...."

- Thomas Sowell


FJ is the only one that makes sense.

Offline 🏅Dooks

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Re: Australian debt - 5 Trillion
« Reply #2 on: October 17, 2014, 02:34:00 AM »
Just Jeans and the Hamburglar
"Sliding doors moment.
If Damian Barrett had a brain
Then its made of sh#t" Dont Argue - 2/8/2018