The Forum > General Discussion > Problems with the Budget
Problems with the Budget
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discover at sometime in the future that they have missed the point.
When the next GFC, expected shortly after 2017, arrives it will make
the 2008 one look like holiday.
The crash will be very severe here as we will have to absorb ALL the
cost of liquid energy sources. Due to the determination of governments
to ignore the problem of liquid fuel security the crash is likely to
be much worse in Australia than in most other countries.
The only reason we may not have the high cost of liquid fuels will be
because we cannot buy it.
We will not be able to buy fuel unless others agree to surrender some
and go without themselves.
We will in the next couple of years have no operating refineries and
will be importing 100% of our petrol and diesel.
And here you are all raving on about someone trying to get rid of our
debt which if we still have it by 2020 will be unrepayable.