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DmitriMA

4,003 Posts.

247

07/09/24

12:07

Post #: 75573263
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Originally posted by DmitriMA: ↑

This is actually worse than I thought...

https://www.macrobusiness.com.au/2024/08/aussie-builders-collapse-like-a-house-of-cards/

So as a country that barely manufactures anything anymore,
our economy is basically:

(a) digging very large holes
...and the resources boom is over

(b) an immigration-based housing Ponzi scheme
...and we can't even get that right.

When I retire, it won't be here.
Australia's best days are in the rear-view mirror.

Expand

Personal bankruptcies also...

(From today's Weekend Australian - Business Review)

Last edited by DmitriMA: 07/09/24
3 Upvote

0 Great analysis

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