All CBs are tied to The Fed; when they sneeze, the rest will catch pneumonia and some will die.

Australia has a major problem, it’s saving grace is the debt is mostly private rather than public, much moreso than others which gives the Gov room to move but I suspect when the bubble goes it’s too big already to be managed.

CBDC will be on the table, Gov bailouts, everything you can think of - if they can try it to save the Boomers from going broke, they’ll do it.