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Global debt crisis looming? Significant fallout if it’s not contained
The government should realise that the days of debt-financed spending sprees and extravagance are over, particularly in the run-up to next year’s election.
Conventional wisdom says that living expenses rise uniformly with inflation, so many financial plans are based simply on that. But analysing the spending patterns of retirees shows us that the data tells a different story.
Read moreThe government should realise that the days of debt-financed spending sprees and extravagance are over, particularly in the run-up to next year’s election.