economy in worse state than during gfc

Economy in worse state than during GFC

I live in a part of NSW where there is one of the highest disposable incomes in the country owing to mining and yet the town is dead. Shops are closing by the day. I went past Harvey Norman on Sunday and not a car in sight. So much for the robust Rudd economy!!

The only retail doing business are food – Woolworths, Coles and Aldi.

We are in recession!!