Tageconomy

Thank goodness for all that debt!

T

There’s a lot of angst in our community about the levels of debt we acquired during the global financial crisis. Yes Australia invested a lot of money stimulating the economy. What if we hadn’t? Listen to what happened elsewhere. Joe Stiglitz, a Nobel prize-winning economist writes in the book The Price of Inequality The 2007-08 financial crisis and the Great Recession that followed...

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