IMO, the only two things saving the Coalition are: (a) housing prices going giving homeowners a sense of wealth (I'm allright Jack) (b) that the Stock Market is going up to give investors a sense that all is well( I'm alright Jacqueline)
Both however were not engineered by the government but rather a perverted economic quirk: -low interest rated due to a potentially depressed economy has goosed housing demand due to historically low interest rates & investor who traditionally bought short term bank products for interest have moved into the stock market to avoid near zero bank rates.
This is truely a Gig Economy waiting to burst, IMO ; just a less noisier version of the 1920s!
IMO, the Billionaires realise that & they have likely positioned themselves to avoid Bond /Skaise meltdowns typical of the hen recession we had to have.
An astute/very good friend has 'hit the blankets" and gone to Gold.
