IS THE AUSTRALIAN NATIONAL OVERSEAS DEBT OUT OF CONTROL?

IN 1983  AUSTRALIAS OVERSEAS DEBT WAS $ 29.7 BILLION

IN 1984  AUSTRALIAS OVERSEAS DEBT WAS $ 43  BILLION.

THE SUNDAY MAIL ON 31.3.1985 REPORTED AUSTRALIAS OVERSEAS DEBT WOULD BE 

 $ 100 BILLION BY 1989.

NOW LOOK AT THE SITUATION IN 2020 A DEBT OF OVER $ 2,500 BILLIONS.

POLITICIANS  SAID EXPORT MINERALS WOULD PAY FOR IMPORTS SO LETS GET RID OF

MANUFACTURE AND ENJOY FREE TRADE.

 OUR FEDERAL POLITICIANS ARE STILL IGNORING THE MASSIVE DEBT THAT HAS BEEN CREATED BY DESTROYING REAL JOBS AND KEEPING ON ADDING HUGE NUMBERS OF PUBLIC SERVANTS CONTRIBUTING VIRTUALLY NOTHING TO THE ECONOMY. ON THE BASIS OF THIS HEAD IN THE SAND MANAGEMENT THE WHOLE STACK OF CARDS WILL COLLAPSE.