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Paul Keating was a former Prime Minister of Australia, from 1991 to 1996.

Paul Keating was infamous for sending interest rates in Australia skyrocketing. He made it very difficult for people to pay back their home loans or personal loans. He was also famous for saying it was "the recession we had to have".

Paul Keating also once put his arm around the Queen when she was on tour in Australia, in 1992, and this was a break in suitable protocol. This might have been why he earned the nickname of "the Lizard of Oz".

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15y ago

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