labors budget reply

[brian ross]

Answer the questions, Bobby, stop avoiding them. Once you do that, I might answer your questions...

[Bobby]

We go bankrupt, just as we nearly did during the depression, Bobby. However, we are a long way from that, even with a 600 billion debt. Our GDP is approximately $US1450 trillion, 600 billion is pretty much a drop in the bucket. I agree we need to reduce it but we do not need to reduce it to zero as you appear to desire.

I have already asked you, what you want to cut and how will you handle the resulting social dislocation. You have failed to answer, Bobby. How about instead of only asking questions, you answer some instead?

What would going bankrupt mean?

how will you handle the resulting social dislocation?

It would be every man for himself - like Mad Max.

[Black Orchid]

What is the breakdown of our debt? To whom do we owe what? I have tried searching it but can't find a specific breakdown.

[Bobby]

What is the breakdown of our debt? To whom do we owe what? I have tried searching it but can't find a specific breakdown.

All here -
in total it's over $7 trillion.

http://www.australiandebtclock.com.au/

[Black Orchid]

What is the breakdown of our debt? To whom do we owe what? I have tried searching it but can't find a specific breakdown.

All here -
in total it's over $7 trillion.

http://www.australiandebtclock.com.au/

That doesn't tell me which countries hold our debt and by how much.

[Bobby]

What is the breakdown of our debt? To whom do we owe what? I have tried searching it but can't find a specific breakdown.

All here -
in total it's over $7 trillion.

http://www.australiandebtclock.com.au/

That doesn't tell me which countries hold our debt and by how much.

I don't think anyone knows who we owe the money to,
and what would happen if we couldn't pay.

Brian was asked but didn't reply.

[Black Orchid]

Depends who it is. If it's China we could just give them a few more ports?

Hopefully the US holds most of it but I really have no clue and I think we should know. We should have a right to know.

[brian ross]

Depends who it is. If it's China we could just give them a few more ports?

Hopefully the US holds most of it but I really have no clue and I think we should know. We should have a right to know.

Ask the Government in power, Black Orchid. Ooops, they're Tories. They're "better economic managers," or so they claim. They're you're mob. Don't tell me you don't trust 'em?