He has no collateral. He has no plan setting out how he intends to pay it back, either, and he has not told the Australian people what services he will have to cut in the future to afford to pay the interest he is going to have on a $200 billion credit card debt. That, if he takes it to its limit, could be up to around $20 billion per annum—and that is $20 billion you will not be able to spend on services or on schools. Worse, even if Mr Rudd remains Prime Minister for a number of terms, there is almost no chance that it will be him who has to make the hard decisions required to actually pay the credit card off. It will be future governments.