"When Australia starts to look at paying back the rumored $2...

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    "When Australia starts to look at paying back the rumored $2 trillion dollar debt from Covid we will be up there with the worst"

    There are several things here that I don't understand., one being, why is that only supposed to happen when Australia starts looking at paying? In other words, why is Australia not up there with the worst already?

    Another is, to whom is this Australia supposed to be paying the alleged debt? To itself? Or to foreigners? And who is part of this Australia? Ordinary people? Or the local, state and federal govs? Or both. In other words, is that national debt? Or is it private debt? Or what?

    And who told you that the Covid-19 pandemic caused $2 trillion debt? Or that sovereign debt needs to be paid in full and that, for instance, it cannot be partially or totally rolled over? Finaly, who is the worst? Is is Japan? And if so, how can we be up there with them?

    For your info. "As of 31 August 2021 the total gross Australian government debt outstanding was A$834 billion, an increase of about A$273 billion from before 31 December 2019.["

    Note the term "gross".


 
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