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17,793 Posts.
9087
26/06/24
12:04
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"lol, ride it out, they are not riding anything out, they are clueless"
Yes, despite the vast army of PhD's employed by the RBA presenting white papers to one another, they are rather clueless.
But I feel sorry for the poor sods; how do you counter the effect of populist governments presiding over perpetual expansionary fiscal policies?
A bit like using fingers and toes trying to plug holes that form due to the weight of government money bearing on the dike.
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