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Why Australia is Actually an American Company

Economics Explained

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The Australian Government Is Turning Into a Company

In response to the two thousand nd eight global financial crisis, the australian government rolled out the deposit guarantee scheme. During an economic downturn, liquidity dries up and cash becomes extremely hard to get hold of. This is actually harder than you might imagine. But we still haven't answered the biggest question of all. Why was australia turned into a company? Why would it incorporate?

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