The unlucky country: Part 2

Australia's eye watering level of household debt.

Dear Reader,

For your reference, the three main problems with the Australian economy are: 

1. Low and declining economic complexity.

2. Enormous household debt.

3. Concentrated banking sector.

We covered the low and declining level of the Australian economy’s economic complexity in Part 1. We will now take a look at their enormous amount of household.

Part 2: Enormous…