ALP claiming inflation is not bad and here, as I expected we see weak businesses with the inability to raise prices. Some will fold directly as a result of this tax and many other just sink deeper into an unprofitable apathy in a weak economic environment. Some claim we are booming and yet Aussies do not agree, the ALP vote sinks as it should. Here is a sane comment on where we are and why:
"Conventional economics has failed. It failed to predict the global debt crisis—and it has so far failed to give adecuate solutions to the global debt crisis that is rapidly sinking the world’s economies.
Conventional economics has failed because it refuses to acknowledge the central role in capitalism that money, debt and banks play."
Sounds like a delusional poster on this forum is also missing this vital market analysis and continues to post ludicrous KPI's and tells us we are stupid ROFL.
