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not my job!.....im off to NATO summit....., page-45

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Cowboyinvestor

20,977 Posts.

33

15/06/22

12:57

Post #: 62011698
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Originally posted by ezirida: ↑

let markets that us mortal civilians are exposed to run their course whilst enacting policy as per your suggestions which is more at the wholesale, farm gate, upstream level.. Austerity has become a dirty word that no one dares mention but absolutely it is part of the mix and govts should be not afraid to ask for it

depression is one possible outcome but economy wide distortions / bubbles at one extreme / neglect at the other mean that it is likely some Australians are facing depression like scenarios as we speak

my thoughts are that we have to find a way to draw capital away from the bubble and carefully target initiatives to drive capital towards the neglect .. capital needs to be diversifying and flowing to where it can generate productive long term returns and less so towards where it is more speculative and short term.. without capital flowing then it is all left up to the Govt which I think is not sustainable.. business and foreign investment have a massive part to play

there is no easy fix that's for sure

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none of which can be fixed by galivanting across the globe. The country needs leadership and government, something we are not getting right now
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