Quote:
Originally Posted by Yellow_Festiva
4 years to financially recover apparently.
|
I would say it is already questionable if we will be able to repay the current debt, once the real numbers for C19 are added we will never be able to repay the debt
https://en.wikipedia.org/wiki/Austra...overnment_debt
So in the meantime, GovCo will keep on issuing Treasury Bonds and increase the return until someone buys them. It's interesting how Bonds works IMO it is a Ponzi but that would be illegal.