Bernard Hickey tells us what's wrong

[harm_less]

with the economy in this interesting and illuminating interview. 

https://www.youtube.com/watch?v=yiuI-WG3SPo

Brilliant presentation by Bernard as always. The crux of his argument is that the government taking on debt to address infrastructure investment isn't the big boogie man many claim; it's an investment in our future to address the financial neglect of the past few decades. At some stage we must 'pay the piper' and current circumstances are making this glaringly obvious.