Steve Keen
What You Will Learn
00:00
The Government's Tricks to Keep the Bubble Going
Australia continues encouraging people into mortgage debt. We are now the second-class level of household debt on the planet. The only country that has more household debt than Australia is Switzerland. Politicians get the benefit of a booming credit market because that looks like a booming economy. They can say they're being responsible managers running a surplus. But the private sector is getting more and more into debt.
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