Scrollonby - He didn't expect inflation to take off, or interest rates to rise for 18 months either, these pricks have no idea the damage done by the fed overspend - handouts to millionaires in the name of JobKeeper. Philip Lowe is just another public servant on well over $900,000 a year, he wouldn't have a clue how it feels to be on the basic wage - or how it feels to run a business with energy prices at all time highs. Morrison didn't bring 'Banking Bail In' legislation into law without reason.
Just do the math - $1 trillion fed government debt by 26,000,000 people - 'many not income producing' = $38,500 debt for every man woman and child in Australia.
When the shit hits the fan there is no better place to be invested than mining.
Not advice - but no bank is going to help themselves to my cash.
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