At last something we beat the Kiwi’s in. No idea of the implication but they look interesting.
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At last something we beat the Kiwi’s in. No idea of the implication but they look interesting.
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Being second in the World on that table doesn’t seem so great. Aren’t we pretty high on obesity levels too?
Yes – if the banks would just stop lending us money to buy fast food we’d be alright
And yet our governments seem to be only too happy to preoccupy themselves with meaningless crap like bonking theatrics rather than addressing budget and debt. How will the people get the message of over-leveraging when the government don’t?
the calibre of the average politician these days leaves a lot to be desired
I guess that our high levels of debt compared to income is strongly correlated to housing prices and the ridiculous size of today’s mortgages. If we get a housing crash it will be disastrous. Unfortunately you can’t put a GSLO on a house!
Seems it still possible to go bankrupt in Australia Used to be that could declare bankrupt and walk away. As far as I can tell this hasn’t changed much. I wouldn’t have any pity on the banks if this happened.