The red menace. Make up your mine Labour. Friend or foe.
As Glen said this is all being done wrong.
Just print more money.!!! That will sort it out. Just like Zimbabwe.
Friggin fools.
Just as in the great depression they learnt in hindsight that not putting money into the system created problems, they will find that putting too much money in created problems. Ie inflation and debt.
The answer is to :
1.target industries where the jobs are being lost and to support them if they are viable and support them with Taxpayer / govt funding.
2. direct the support at people so as to support themselves.
Ozl falls into this category.
MMX Price at posting:
71.0¢ Sentiment: None Disclosure: Held
