If only he was talking about actual jobs, like all the small businesses that have closed from lockdowns (and more to close after this "soft" not a lockdown lockdown) we are going through right now from the famous "let it spread" strategy.
Take a walk down Queen St Mall weekdays (I assume the equivalent in Sydney/Melbourne will be the same) absolute ghost town.
I've got a "custom" IRL indicator that I'm not sharing, but I use it to gauge actual "liquidity" in the economy.
And I'm talking about *real* people, not wealthy people posting on here, I mean how much money people actually living pay-cheque to pay-cheque have and are spending.
Because if you have money to speculate on stocks, you are not an accurate sample of the "average Australian" I can promise you that.
But again, what do I know.
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