a few days ago, I turned on Today Tonight (by accident I promise) and it had some report about property prices booming blah blah blah, and how our overall economy is booming
fast fwd a few days and I watched a segment on a more credible ABC report
the crux of the ABC report was, our economy isnt as good as most people think it is and its not going to get better,
mining has slowed down significantly and is not going to improve
unemployment is high at 5.X% with a forecast of 6.X%
retail is still pretty stuffed
deficit has increased and if trends continue (whether this means they are predicting to continue or not I didnt understand), is going to be a some stupidly high figure
as BV stated, his economy seems pretty stuffed too,
Holden, Ford, Toyota all going too
is there a complete denial of reality or is the economy good or bad
what do people think?
fast fwd a few days and I watched a segment on a more credible ABC report
the crux of the ABC report was, our economy isnt as good as most people think it is and its not going to get better,
mining has slowed down significantly and is not going to improve
unemployment is high at 5.X% with a forecast of 6.X%
retail is still pretty stuffed
deficit has increased and if trends continue (whether this means they are predicting to continue or not I didnt understand), is going to be a some stupidly high figure
as BV stated, his economy seems pretty stuffed too,
Holden, Ford, Toyota all going too
is there a complete denial of reality or is the economy good or bad
what do people think?