how is it tough at the moment?, page-11

  1. 25,700 Posts.
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    Hi sharedawealth

    I am sorry to be impolite but what rock have you been hiding under?

    The only people who don’t know of a slowdown are government workers, does this fit you?

    Talk to people outside your circle, read the papers, look at the retail shops empty in your area; look at the housing situation, etc etc. the evidence is there.

    The mining economy has very little effect of the other 90% of Australians and it can boom all it wants to but the plain simple fact is that costs are increasing quickly for the other 90% and they are feeling forgotten.

    The reason that the reserve bank drops interest rates is because they believe hard times are here.
 
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