"Assumptions: 40% price falls, 20% unemployment and 0% interest rates.
Facts: 12% price gains, 5.2% unemployment, 4.5% cash rate."
yup, spot on booz.
except unemployment now 5.1% after surprising "predictions" by 3x!
why is the cash rate the highest in the OECD? - oh that's right - we are about to fold like a deck of cards.
but why aren't we at 0% rates like Keen predicted?
