#recession #economy #heisesays
Is Australia really on the brink of a recession?
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I think we are in recession, it's just being hidden by the massive money printing and government spending in the name of the COVID response.
Incorrect spelling Mr. Heise …..
It's correct spelling is : DEpression !!
👍👍
We will technically be in a recession when unemployment rises. Still plenty of jobs available.
Censored [cant open]replies on you tube, ho humm more 1984…………..
I love how much you love zombie companies chart 😂😂😂
From fomo to fear.
A controlled demolition of the global economy
It's all Albos fault Florian
I doubt there is a recession, the Government said the most important thing is climate change 🤪
The lizard Illuminati are spraying diarrhoea down humanities throats! 🦎☹️
all as planned and expected
I see no opportunity in Australia and cannot wait to move overseas. I believe AU will look like SE Asia over the next two decades. Add to that African ghettos in Melbourne and Brisbane.
Forget recession we are in a depression.
Government come to the rescue again? After the billions in debt after the last rescue? Hmmm…
So it will be a lost decade like the 1990s?
Let's blame labor. This post was paid for by newscorp
As CPL Fraser once said " were doomed".
Is it really the brink or are we well established and the powers that be are sugar coating it
Raise rates to 20% now. Lot’s of fakers over-leveraged, trying to convince everyone that they have some social status. It’s all debt, no equity. They’ll be wiped out. Looking forward to the fire sale.
Lol do people actually believe property is going to drop. Even though auction clearance rates are lower houses are still selling at high prices. When is this huge drop suppose to happen lol. It will never I'm sorry
I think we have been in a recession since 2020 and now we are heading for a depression. You cant shut down the world economy because of a sniffle and not have a devastating result.
April trade surplus was 10 billion. We're some way off a recession I believe.
The traffic on the way home from work today (ion Brisbane), wasn't indicative of a recession.
1:30 mark: Umm Heise, didn't you get the memo?
All capital must be spent, bidding up the price of existing housing! Not spent investing in business!
Kim is in town mates.
Bear (or is it bare?) in mind, when home buyers pay interest, that money ins't getting chopped up and destroyed. 90 billion doesn't 'leave' the economy. It just transfers around.
The last time we had a recession, A9X Torana's started going for 3/4's of a Mill.
how come u didnt say grab a steiner?
Ahaha remember when Friedenfuck said 18 months ago Australia has entered a recession?! well, hold my beer 🍺
Fire up the money printers BRRRR
The government could come to the rescue when consumer price inflation was low , its high now.
You cant fight inflation with rescue packages .
Let see how much currency and inflation gets destroyed on paying down debt with higher rates attached.
Reverse wealth effect is the conditions the RBA wants , a domino effects of defaults will occur inflation and compounded high inflation will persist.
A 20% drop on a 1.5 million $ property is still a good chunk of change.
Recession? Hahahahahaha. The whole dam global ecconomy is collapsing!
Guaranteed Between low life Lowe & the
Sleazy Albanese government will collapse the OZ economy!
Gidday Heise and family !!
There's nothing temporary about the poverty coming our way.