Considering Scott Morrison warned of "countries in chaos" whilst also stating that 6 million aussies will join the unemployed (out of 14 million employed people this is nearly 50% unemployment). The great depression had 30% unemployment for some comparisons, to also add salt to this statistic, Women weren't a huge part of the workforce in the 1930's.
The expert modelling suggests that the Coronovirus "peak" is now in October this year for Australia. Which suggests the Coronovirus infection is an ongoing problem for at least 16 more months.
Any semblance of "restarting the economy" is completely Naive. The global supply and production of goods is getting a knockout blow. Not all countries will be available to ship their products to Australia, even if we have the same businesses on our side, no supply = no sales.
The psychological impact on people is already enormous. The German finance minister already committed suicide, Not all the "employed" people will be alive to even retake there positions on the other side.
In the meantime the Central banks believe they can fix this entire problem by punching numbers on piece's of paper or digits on a screen. When the goods run out in stores, then the digits are meaningless.
In this sort of unbelievable chaos. Gold is definitely the place to be, until something miraculous happens.
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