A better label than “Buggered”
Posted by Dave Bath on 2009-01-24
This at The Economist website makes the labelling of the Oz economy by Access Economics as "buggered" seem mild and polite.
"Fugly" is the word used, although it refers to Britain.
With similar trade and current accounts deficits to Oz, and the likelyhood of our budget balance turning blood red if Access Economics is correct, then such a description should probably apply to us as well.
How long before the economics/finance press, here or overseas, uses this even-more-colloquial term? It’ll be well-earned!
It may even offer some hope… if you are fugly, you are less likely to be screwed.