Jonno wrote:
The thing you say that stick out is ALP debt.

Well, a country is like a major corporation, it has to borrow to build
major assets. Just like most people borrow to build a home.

Some major companies also have seasonal income and they will borrow in
periods of low income and repay in periods of high income. For
countries,this period can be decades. As far as I'm concerned labour
whilst in power lined up everything for the next decade of "liberal"
prosperity. Kinda ****ed off that that surpkus income wasn't used to get
started on creating major assets like ports, railways, highways, schools
or even hospitals and hospices to look after the people who went through
hards time earlier to give us good times now.