‘The ‘Australian Economic Miracle’ of the last three decade has resulted in Bankruptcy. $2.4 Trillion dollars of debt loaded onto a workforce of 12 million workers. There is $1.3 Trillion in private debt. About $650 Billion in Corporate debt/bonds ect. This debt clock has gone up from $430 to $460 in 2 Months.
The Banking Mafia forced Greece, with a similar population to Aus, into default over ~$US400 billion(130% of GDP). Australia has a debt to GDP ratio of +200%. Australia’s current account deficit is -$56 Billion, Greece’s is -$8 Million.
The difference between the two countries is the banking mafia already owns everything of value in Australia and the Australian workers are at optimum levels of economic slavery. The highest house prices and cost of living coupled with declining wage levels make for a bankers’ perfect economic model. The parasite doesn’t destroy the host.’