We've only seen phase one of the world economic collapse. Wait until we reach phase three... Without hashing out the detail, when this debacle is over the Governments of the world will be buried with unsustainable debt. The only answer (well...to politicians that is) will be to institute a range of crippling tax increases. If you think Australia will somehow sit this out, I have some swamp land in Louisiana you may be interested in! Watch for phase two of the crisis to hit sometime between July and Sept. Enjoy.
