I agree with you on the interest rates. If they go down it will only be a little and temporary . In the latest budget the Federal Government are going to subsidise some of the indicators that measure CPI to get try and get it down between 2-3 % so they may have a chance of re election next may, its a short sighted policy which will only exacerbate the problem.
Apart from that , the real ticking time bomb is US Dollar losing its reserve status, there will be all sorts of avalanches from that , the likes of which haven’t been seen since the days of WW1 , the Great Depression and WW2 .
They’re really just sticking fingers in the holes that keep springing open on the sinking ship called FIAT currency .
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I agree with you on the interest rates. If they go down it will...
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