Snake, very interesting, I have never looked at it that way before.
It does make a lot of the whingers look a bit silly.
We have a major problem ahead of us.

Piorot said;
we've had one of the fastest growing economies in the world with an AAA credit rating.

Didn't you watch an Inside Job ?
Do you really think a credit rating has any meaning ?
It has been well known for at least five years that their ratings are
not worth the paper they are written upon.
Don't you realise that nothing has changed on Wall Street ?
The same bunch of bank robbers are still running the show.

Poirot, credit card debt is just like governemnt debt.
Some is paid for maintenancem ie buying food to maintain our family
operations, buying fuel for our vehicles, paying electricity and water
rates etc etc.
Where are these different to government maintenance spending ?
Our problem is that the spending was largely on wasteful effort and
projects that do not have a productive return.
Worse the money is borrowed long time, not like our credit cards paid off each month.
Unless of course you are a labour party supporter then you just follow
the party example and just let it build up & up ---

Yes Snake, the one thing labor can't escape from, is history, and we are witnessing history repeating it's self once again, although of cause I understand they (labor supporters) will never accept that.

I would have thought that Paul would have answered my questions. But then again, if he has no answers, I guess it's a case of what's the point.

Rehctub, ummmm buddy unlike you, Paul is out there earning a living. When he gets back and has some free time from supporting you, I'm sure he'll find a few minutes to answer any question you may have asked. Just show some patience, as not all people have the free time to sit around playing on home computers like you.

Bazz,

Paying for fuel, electricity and water don't engender economic "growth" - they maintain the domestic status quo.

We live under a capitalist system and our economy requires "growth" in order to survive...otherwise it's termed recession if we have more than two quarters without growth - and Depression if longer.

(That's Capitalism, folks)