During the Australian government debt default, how did the performance of equities versus bonds compare? It was a time when investing in bonds was more common than equities.
Tag Archives | debt crisis
Australia may not be facing a stockmarket or property bubble right now, but there are early signs of concern. It’s worth knowing what to look for and safeguarding against personal loss.
The deep financial, economic and political crises came to a head at the end of the 1970s when the US Government defaulted on its debt. It became the dawn of a brand new era of growth and prosperity for Americans.
Fascinating though the current events on government deficits are, they are hardly new. Not much changes – even across thousands of years, and it’s worth a quick history lesson.
The debt debate continues. Should a government be using or reducing debt to overcome its country’s financial woes? What works, what doesn’t, under what circumstances, and how much should we worry about it?