"The younglings with their McMansions, 3 kids, one income, up in the mines with two cars and 2m Tvs all on credit are about to crash. When the young breadwinner loses their job, it's over"
hence the paniced sound in interviewers questions when they ask kevin rudd questions like
"are we going to see 300,000 to 400,000 people being unemployed?"
wonder how much of this is factored into share prices?
