Australia was public debt free until we got a stupid red headed left wing cow running the country. Now we have a debt, not on the same scale as the USA.
As one politician said just after the last election, "we are only a heart attack away from another election" we can just hope that it happens sooner rather than later & we can get back to a government that has responsible monetary policies.
Otherwise we will end up screwed like you guys.

__________________
Grumpy Old Diesel Owners Club group

I no longer question authority, I annoy authority. More effect, less effort....

1967 230-6 auto parts car. rust bucket.
1980 300D now parts car 800k miles
1984 300D 500k miles
1987 250td 160k miles English import
2001 jeep turbo diesel 130k miles
1998 jeep tdi ~ followed me home. Needs a turbo.
1968 Ford F750 truck. 6-354 diesel conversion.
Other toys ~J.D.,Cat & GM ~ mainly earth moving