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14/11/18

21:45

Post #: 36508493
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Originally posted by pints: ↑

The country is, I fear, heading for a recession ala WA type, which has been precipitated by the greedy banks and borrowers jumping on the bandwagon of the religion of ever rising property prices. I reckon I've lived through a least 4 recessions and this one is certainly approaching.
It will only be exacerbated by a big spending Labor government, but hey, maybe that's what the inexperienced younger generation need to be brought to understanding the realities of life in the big world. Life wasn't meant to be easy, at least not as easy as it has been for the last 10 years or so, The piper must be paid!

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Sadly the Coalition government is racking up more & more debt with no end in sight to their spending.
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