A Guilty Pleasure

A Guilty Pleasure

This country is in a ridiculous amount of debt.

As a marketer, should I be feeling guilty about this?

No Comments
  • Aaron
    Posted at 14:46h, 09 June Reply

    Nope, Feel no guilt. Without debt, there is no global economy, and with no global economy, there is only chaos.

  • Josh Strawczynski
    Posted at 23:57h, 12 June Reply

    Australia has no government debt, this means that consumers and private enterprise are the only ones who owe.

    Debt creates money throughout the economy, by borrowing now to build a house, I put a builder into work, he buys tool, hires others and the routine goes on. That money I borrowed has created welfare for others.

    Should you feel guilty about our NFD? Nope, we are sitting within healthy economic guidlines with our NFD only a fraction of GDP. This means the economy is robust and growing.

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