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(ECONOMIC AFFAIRS: Oil imports threaten to blow out foreign debt)* -

Economics

(ECONOMIC AFFAIRS: Oil imports threaten to blow out foreign debt)*

By Patrick J. Byrne / May 24, 2008

Australia’s foreign debt has grown at around 6 per cent (or $60 billion) annually over the past four years. Patrick J. Byrne reports.Australia’s slow march to banana republic status continues, while J…

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