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4min chapter
The Modern Empiricist Proving Old Wisdom On Household Debt And Recession - Amir Sufi
The Joe Walker Podcast
The Importance of Income Distribution in Australia
Two-thirds of Australia's household debt is concentrated in the top two income quintiles. The bottom two income quintile only account for about 15% of the household debt. Joseph Walker: "I do think that you get really worried when people below the 60th percentile have huge debt positions"
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