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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Raymond Duray who wrote (15370)2/22/2002 4:34:34 PM
From: Moominoid  Read Replies (1) of 74559
 
A small amount of government debt is desirable and necessary for some of the reasons that must have been stated in that article. Australian government debt is about $A75 billion which is less than half of one year's government spending. Or c. $US2000 per Australian. That seems about the right amount :)
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