Is it time to start having a serious conversation about a global recession
Inflation in most parts of the world is 'out of control' unfortunately for people with home loans like myself more interest rate hikes are coming. 6 months ago and 'the alarm bells' around inflation were ringing i never would of thought in both Aus, US etc the effect of quick multiple interest rate hikes would be 'so ineffective'
From an AUS point of view commodity prices are falling and a weak AUD meaning we are still facing a lot of uncertainty and as the 'world goes to s--t' Australia will be drawn into the fire with everyone else....
As a millennial i only vaguely remember the GFC but from what i read Aus staved off a lot of the damage due to a mining boom and high commodity prices, this is unlikely to happen again......
Is all the money printing about to some and 'bite us' in the back side
anyone else got any thing to add?
is anyone able to offer a Bull case for the short term-medium term outlook?
