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Recession fears from CBA

#recession #CBA #heisesays
Is Australia heading into a recession?

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  1. The problem is, the few people with money don’t understand that the majority of people – don’t have money, they have debt and the bank’s are not lending anything to more people…

    A sudden crunch with no recovery…

    Housing is no longer an option for the masses.

  2. With Borders opening and Tourists flying in to Tourist destinations in Australia, since it's been 2 years since most people took an International holiday in Asia, Aussies are gonna have best of Growth in Services sector.

  3. Basically already in a recession, it's just not a technical definition yet. All signs point to stagflation, but they'll lie and make out that the labour market shows there is nothing wrong.

  4. Don’t believe a word that these gaslighting Machiavellian assh*les from banks and governments tell you.

    They are all insiders to their own policy decisions largely driven by transferring your wealth to them and their crony mates.

  5. When I finish my Reno's this year my aim for next few years is to pay down mortgages. I think inflation will kick us all for next few years. Job losses are coming for those less skilled. Becoming multi skilled will be the way. Small businesses owners will be the most at risk to loss.

  6. What everyone who thinks that interest rates will go back down again once consumer spending tips over is getting wrong, is that they assume we are in a purely "Inflationary" environment. What if… what if, we are in the beginnings of a Stagflation environment, where the value of printed money collapses (inflationary) but the economy continues to tank, causing high unemployment. The worst of all worlds.

  7. nothing i love more than when people say "it'll never happen" , Australia will be pay heavily for all the excess we've built into property and other segments of our economy.

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