Search results

  1. P

    Australians are now the biggest borrowers in the world

    this is a good point and i believe its an important part of the economy, however, i don't know how much scope for growth there is in that sector. The food/farming industries are already up and running, in addition to the resources sector. If one of them leaves the party, can the other one pick...
  2. P

    Australians are now the biggest borrowers in the world

    as long as there is still more resources in the ground. One thing that i think will hurt Australia in the long run is the dependence on resources as an economic driver. Sure it is fine now but eventually we'll run out of stuff to sell and what then? If you look at other western first world...
  3. P

    Australians are now the biggest borrowers in the world

    http://digitaljournal.com/article/284509#tab=comments&sc=0&contribute=&local= obviously a bit hyperbolic, if we experience a crash of that magnitude banks won't sell the properties as that would actually realise the loss, like what is happening in the US. It's a pretty big IF as well ;) Would...
Back
Top