I find it laughable there are still economists saying "will we go into recession?" Farcical.. Heck we have been in recession for near on 12 years since the GFC in 2008.. as in sub par trend line growth... yes it's been all pump primed by the RBA over recent years with the cheap availability of liquidity, and migration, but that has all dried up and the consumer is still very weary and psychologically distraught *still* by the ridiculous covid narratives that are being perpetuated add nauseum by socialistic state governments.. I mean how can business be expected "to do business" in this utopian socialism envirnoment? Just look around you in the major cities.. People are STILL not back at work. Cafes are STILL shut..many shops have not come back.. it;s a nightmare and recession all right.. What will fix it? Well government has to get out business and peoples lives! Just MO!
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