" and workers are constrained in their claims for wage increases to compensate for the rising cost of living.''
going to be an interesting recession if we're not careful
hard to see where this is all going - post GFC
life at least went on post GFC - debts got bigger, then came Covid, debts got bigger
government and private
I've no idea just how much people can continue to borrow to prop it all up - it's fascinating really. If Aussie housing was a share on **promotion blocked** - it would be called a speckie
amazingly - people carry debts of over half a million bucks on loan to hold a speckie - some, way over a million
one has to say - they are either incredibly brave of very much the bigger fool
