asx target 6000 to 7000

Australia is hemorrhaging jobs which will result in a large interest rate cut soon.

Return on investment for retirees will reach critically low levels.

The asx could overheat as more cash is shifted to the asx for better returns. This will result in a 25% loss of retirement funds in the next correction/crash.

The increased government social security payments will cost the government billions. The government will lose more than it gains from self funded retirement.

We will lose more than had we paid everyone the pension because of low return on investment which will re qualify retirees and tax concessions which cost the goverment billions.

http://www.abc.net.au/worldtoday/content/2012/s3568235.htm