Don Argus warns of debt, bubble bombs
by:Adam Creighton
From:The Australian
May 24, 201412:00AM
RISING debt risks undermining living standards at the same time that stockmarket bubbles pose a threat to savings, one of Australia’s most eminent businessmen has warned.
Don Argus, former chairman of corporate giants BHP and Brambles, said Australia’s economic growth would suffer if Australia’s total debt, now 220 per cent of GDP, climbed much further.
Just sayin!