After Mexico and Brazil Australia is, per head, the largest debtor nation on Earth!
 

After Mexico and Brazil Australia is, per head, the largest debtor nation on Earth!

http://dkd.net/davekidd/politics/money.html

Australians are idiots! I've integrated into this country quite well. :winkwink:

But i don't owe anyone money.

Glad to see you digging up the quality references!

http://dkd.net/davekidd/

Ahhh... the Maryborough computer club....

http://www.cia.gov/cia/publications/...k/geos/as.html

Australian Debt - external: $220.6 billion (2000)

If your economy is doing so great why is your $ worth less year after year JoeClown

drew, do you hate Australia or something?

I sit here hoping that trend continues.

But actually, the low dollar is helping Australia a shit load right now - we havent had the ups and downs everyone else has had over the last 2 years.

Brown Bear
No I dont hate Australia, I just hate idiots like JoeSixpack who is Australian. He started posting about asity US economy and US debt. But Australian debt is much bigger.

Our economy is doing fine and like I said, in terms of economic growth, the Australian economy has been performing better than the US economy for some years now.... Many different factors influence the value of our dollar, particularly commodity prices which have been down for some time. But I love the lower Australian dollar... it means I get more when I deposit all those US dollar cheques. :1orglaugh :1orglaugh

Update on Australian Economy

It can benefit in the short term, but in the long term it will hurt you. You will loose your purchasing power

JoeClown.
Australian unemployment rate is still higher than here and your average income is still lower than in the US.

Yes, but the cost of living is cheaper, dimwit.

JoeClown
The composition of foreign debt by country shows that the most important creditor countries for Australia in terms of total debt are Japan, the United States and the United Kingdom, representing 18, 16 and 9 per cent respectively of gross foreign debt in 1995-96.

It means that Japan, US and UK own you LOL

... I´ve spent 3 years of my life downunder, and I have to admit that it has been the best time of my life. I am not saying I didn´t enjoy myself anywhere else ... but australia just brings up some very sweet memories ...

Drew, why don't you be the bigger man in your argument with Joesixpack?

Are you going to point out every little thing about Australia that is inferior to the US? Should he continue to point out all the things that are crappy about the US?

Net Foreign debt of Australia.
Hole fuck, over 40% of your GDP. And this is just foreign debt not including internal debt. You are owned by foreigners
<img src="http://www.aph.gov.au/library/pubs/mesi/features/FOREIGNDEBT.GIF">

BTW it's from your gov. website
http://www.aph.gov.au/library/pubs/m...oreigndebt.htm

Yes that's what mexicans say. Their cost of living is cheaper too....... LOL



Brown Bear
Maybe JoeClown should learn before he opens his stupid mouth.

Not surprising you left out these little bits of information, Navy fag.

"In the September quarter 1997 the ABS began publishing Australia's balance of payments and international investment statistics on a new basis, consistent with the most recent international standards for these statistics. The main reason for this change was to improve the international comparability of Australia's statistics."

"The public share of foreign debt in Australia is relatively small. In 1996-97, the public sector accounted for just a third of Australia's total debt. It is this low level of public debt that distinguishes Australia from developing country debtors."

So most of it is corporate debt.

Yes it's five years ago. It got bigger, sorry.
My point is
US foreign debt is US$862 billion
Australia's is US$222 billion

Let me guess what is worse, after you compare the size of both economies LOL
And we are talking about US$222 billion not Aus$.
What is it? About 500 billion Aus$?
And of course your gov. will put it nicely to you, they will not say "We owe so much money and we are in deep shit" LOL

Bye

Because the government doesn't owe it dipshit or are you illiterate? The vast bulk of that is corporate debt.

Also, the US national debt is 6.2 trillion dollars. We aren't just talking foreign debt here. Don't try to make your situation look better than it is.

The lower the Aussie $ the better for me!!

Nurgle

http://www.brillig.com/debt_clock/history.gif

Your national debt looks much better on a bar graph.

i wonder how much of that US debt is porn related? ;)

Nurgle

drew, you are an stupid asshole who just live on your little and boring world (usa)

Drew - you ignorant fucker. Do you even have a passport? I bet you've never even been out of the US. So who gives a fuck about economics? I've lived in both the US and Australia for many years and travelled to over 30 countries and there's no place in the world that compares with the quality of life in Australia.

Glad you feel that way because that's one less dumb ass I have to share the milk and honey with.

z

drew is a wanker, it seems someone cut off his hands tho, i cant seem to think of anything else to explain his apparent frustration.

:1orglaugh :1orglaugh :1orglaugh

Drew seriously has NO idea what he is talking about, I am starting to wonder if there are actually any subjects he knows something about!

Let me guess Drew, this thread was your way of trying to look intelligent? Sorry but it didn't work.

Sorry, but I visited that island called Australia onlu 4 times LOL
And about that cheaper cost of living on that island, I wouldnt be so sure.LOL

drew get a life you fucking idiot.
Every chance you get you insult another country. Didn't you post about why people say bad things about America?
Its cause fags like yourself rag on everyone else. You've posted your shit over and over again...Even yesterday you had that lame "baseball" thread which backfired on you.

Just relax man. Don't hate us, we won't hate you. :)

Blow me frog boy.
I am not the one who started insulting other countries and baseball thread You are talking about. I dont even like baseball you stupid.

This thread you mentioned baseball you idiot:
http://www.gofuckyourself.com/showth...threadid=78950
1st base
2nd base
oh wait, you were talking about cricket instead. My mistake, what baseball?

Oh this one. It backfired on me? Why do you think so? Because some people who dont mean shit and who knows from where did some crying and whining?

Let me get this straight - you're bagging Australia but you keep going back there? Four times? I don't believe you've even left the confines of your trailer park let alone been to another country.

Here's a little comprehension help for you - "quality of life" is not the same as "cost of living" but since you brought it up - I used to rent a nice 2 bedroom beachfront apartment for $US600. How much are you paying for your trailer?

z

"Smart" boy zoic
I visited every continent. Did you? You know during 8 years in the navy you travel around the world. We used to do military training with Australian Navy in your waters. They were really cool guys BTW. It just seems that only retards from Australia made it to GFY.

What makes you think I'm Australian Navy Boy?

Pity you didn't learn a few life lessons in your "world travels" like maybe not being so xenophobic. Seems strange that you've travelled so much and you still have a narrow mind. But then, I don't consider going ashore in some foreign country and getting trashed with your Navy Boyfriends travelling - but that's just me.

I haven't made it down to Antarctica yet so looks like you're one up on me. I guess they don't have any foreign debt so you'll probably enjoy it down there.


z