Tania is making a run, page-56

  1. 23,954 Posts.
    lightbulb Created with Sketch. 770
    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.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.