Why isn't Turnbull and the Government looking at the big picture. Our government debt is a complete non issue, take a look at the graph above. The total debt load denominated in american dollars and its derivatives:the aussie and the pound and the pegged curencies, are.
My take on the commodity supercycle and stock market zeitgeist...and the new era of precious metals, uranium (just bottoming, btw)and alternate energy. As I have said here since 2005 "Get ready for peak everything, the repricing of the planet and "black swan" markets all over the place".
3 June 2009
Obsession with Australian "Government Debt' mouse ignores elephant
Why isn't Turnbull and the Government looking at the big picture. Our government debt is a complete non issue, take a look at the graph above. The total debt load denominated in american dollars and its derivatives:the aussie and the pound and the pegged curencies, are.
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