Comparing fortunes as Australian national debt hits new highs
ANALYSIS: Private investors are often told there is good debt and bad debt, but is there any such thing as good public debt?
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Simon Shepherd.
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The national debt of the US, New Zealand, and Australia has reached new highs over the past few weeks and the alarms are ringing out from Washington to Wellington to Canberra.
The US debt, of course, is the largest. Can anyone really get their head around a national debt that has ballooned to US$40
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