
2 Sep
2015
2 Sep
'15
11:17 p.m.
Playing a devils advocate;-) Having decades of unbalanced cash flow is not healthy either. If I have to borrow _more_ money every year, I will come into trouble, sooner or later. Greece is an example for it, at one point the lender is not willing to risk more if he fears that his money will never return. (BTW: That is a risk for the lender.. he makes money by taking the risk so I do not think he needs my compassion if it does not work out once in a while) Anyway, Australia is not Greece(yet). But it forgot to use its good run to improve the balance, and invest in its future. Regards Peter