Already Second Highest In World, Australia’s Household Debt Problem To Get WorseMani
While the Assuies have not have a recession in 25 years, Australia's household debt has long been a concern among many. Indeed, in 2016 JPMorgan called Australian housing shorts the new "widow maker" as hedge funds were unable to profit off of the bearish bets. Specifically, Bloomberg noted at the time . . .
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