I agree with your interpretationsThere won't be time for 55% of...

  1. 10,404 Posts.
    I agree with your interpretations

    There won't be time for 55% of Australians to develop immunity via infection.

    There are plenty of ways to start paying back this debt. But remember the headline amount isn't the actual amount of stimulus, it's a fair percentage less.

    More stimulus coming to go beyond the time when most restrictions are lifted. Infrastructure spending for one.

    Containment can really only be for 3 months, like China otherwise you are definitely looking at a depression.

    There's no way of knowing if there are many asymptomatic people out there. This is now the big worry for China. We are doing better by testing testing and more testing.

    Globally our resource demand will fall as in any recession. This time it could be quite substantial. But the AUD will probably fall to as some form of compensation. We do not want a strong AUD at this time.

    Construction has been overly relied upon.
    Will banks have money to lend for building? Will they want to lend in a dangerous market?
    who will borrow if their job looks shaky
    Why build when second hand property will be 40% cheaper than building.
    Massive unemployment to come in the construction industry.



 
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