March 22nd 2003

  Buy Issue 2653

Articles from this issue:

COVER STORY: The future ... after Iraq

CANBERRA OBSERVED: After Iraq: the challenge facing John Howard

MEDICINE: Leading specialists reject destructive embryo research

BIOETHICS: Embryo research and state laws

STRAWS IN THE WIND: Bazaar politics/Sponsors/Beautiful People socialism

COMMENT: The real culprits in the internet porn scandal

FAMILY: Youth legal guide alarms families

MEDIA: Accord strikes a chord / 'Australian' shake-up a matter of opinion

NATIONAL AFFAIRS: Deregulation and water could be a tragedy for National Party

LETTERS: Foreign debt (letter)

LETTERS: The vision thing (letter)

How Australian support is rebuilding East Timor

WATER: Towards healthier river systems: a flawed process

NUCLEAR WEAPONS: The future of non-proliferation treaties

BOOKS: Life, Liberty and the Defence of Dignity, by Leon Kass

BOOKS: Australia And Israel: An Ambiguous Relationship, by Chanan Reich

Books promotion page

Foreign debt (letter)

by Michael J. Henderson

News Weekly, March 22, 2003

When will people wake up to the fact that one day our foreign debt will become so large that giant international bankers will refuse loans for job creation and infrastructure development, and there will be grinding poverty to record levels.

To remedy the problem, we need a national bank which lends at the lowest possible rates just enough to cover the running costs of this newly created national financial institution. It will lead to greater living standards from this time onwards.

Michael J. Henderson,
The Gap, Qld

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November 14, 2015, 11:18 am