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The interest on the government's 10-year debt has reached a 15-year high. Alan Kohler explains, it's starting to matter quite a lot and there's no foreseeable w…
The interest on the government's 10-year debt has reached a 15-year high. Alan Kohler explains, it's starting to matter quite a lot and there's no foreseeable way out of the mess.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/business
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia
...more
5 Comments
@@ricksturm6816Imported2mo ago
Yo, you need to correct this. QE is not a tool that the Government uses. It's a tool for the RBA, and is functionally different than Government spending and revenue raising.
@@ConClasher3Imported2mo ago
All this debt to keep the boomers wealthy and ruin our futures. Disgusting
@@JavenarchXImported2mo ago
Things are gonna come crashing down spectacularly real soon
@@mahcooharper9577Imported2mo ago
I've been wondering when this would happen for ages... Tussmann's Law has arrived sadly. Bad times ahead I fear.
@@Zolo-i8iImported2mo ago
Come on, rattling global markets 😂😂😂😂 bottom of the world
The interest on the government's 10-year debt has reached a 15-year high. Alan Kohler explains, it's starting to matter quite a lot and there's no foreseeable way out of the mess.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/business
Note: In most cases, our captions are auto-generated.
#ABCNEWS #ABCNEWSAustralia
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Government debt levels are rattling global bond markets | ABC NEWS
Agnieszka Sidorov • 710 views
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