Do me a favor, please? duck on to the SMH online site read a story about the next recession, it frighted me and I live without a cent of debt.

Sorry my fault this thread was unwanted, sorry I hogged it and sorry my sure and certain conviction a monetary crises is coming, just in time for a Labor government got in the way.
As was the case in the GFC housing and lending here, interest rates that must rise one day.
And the international borrowing that has the world in more debt now than at any time in the past 50 years maybe ever
Will not post two threads at once again, and will put more thought and much more restraint in to any future subjects for discussion,
Lets talk more about this after it takes place

Labour certainly don't need another excuse to spend billions of wasteful money. Must say Australian voters are very very dumb.

runner no thoughts on the impact of my theory? do not wish to say I am wrong or right? Labor did us proud in the GFC would your mob do as well if my scenario came to pass next week?

Labor did us proud in the GFC would your mob do as well if my scenario came to pass next week?
Belly,
That's news to me, I thought that's what they used Costellos Futures Fund's billions for, to get us over the line so to speak ?

Please correct me if that money wasn't used for that but what was it used for or at least where did it go ?
Can someone from both sides corroborate the use of those billions ?

individual it seems your fears even opinions about Labor are based on wrong information.
Labor did not drain that fund it still exists.
From here it gets muddy, yes they put us in debt, to fight off a recession, some country's came out of the GFC much worse off, are indeed still trying to get back on track.
ARE YOU Aware how much our debt HAS INCREASED under this government?
Well informed as you are I know you understand, and like me am appalled, by the fact this government has put us in even more debt