Search results

  1. B

    Australians are now the biggest borrowers in the world

    I've seen an online version a few months back but I don't know if it was the whole thing. Watching the documentary will give us an idea of the extend of the problem which could lead to a new US stock market crash or at minimum would mean a long and painful road to economic recovery. And if the...
  2. B

    Australians are now the biggest borrowers in the world

    Google is your friend http://showtime.com.au/showcase/movie/83503 Synopsis This detailed documentary explores how the USA is burdened with an ever-expanding government and military, increased international competition, massively over-extended entitlement programs and debts to foreign...
  3. B

    Australians are now the biggest borrowers in the world

    Why go to war? sooner or later they'll have control of the companies mining the resources and the profits will be going to China
  4. B

    Australians are now the biggest borrowers in the world

    Very big IF because our prices are nowhere near those of US, UK etc. For example, in London and New york you pay $16K per sq meter for an apartment in the cbd, $7k/sq m in Sydney, $4k in Wellington NZ etc Here is the source of the info. http://www.globalpropertyguide.com/most-expensive-cities
  5. B

    Australians are now the biggest borrowers in the world

    And there is potential for improvement as well. We're already competing with the French on wines and it won't be long before we are exporting Oz olive oil to Spain...:D
  6. B

    Australians are now the biggest borrowers in the world

    Then it will be someone else's problem because we won't be here. Or those of us who are still around can sell our well priced properties and retire.....:D Hopefully manufacturing in China will be too expensive by then so some manufacturing will return here. We could also be self sufficient, we...
Back
Top