"We don't want any more people getting jobs now, we need a stalling of economy to keep a lid on interest rates but then Roy Morgan Research rates says true unemployment is 19.4% anyway. Don't stress, be happy."
There are more linkages than that , interest rates are determined from what banks and the Govt can borrow at internationally ie LIBOR plus what banks charge or bonds are sold for , increase in the spot rates lowers the bond value , not just from the demand pull on services and goods in Australia.
Higher interest rates overseas , pushes up interest rates in Oz , makes it harder for businesses to turn a profit they lay off staff as you rightly point out
Rezoning parks - that is selling the family silver for living a champaign life style on a beer income was done with the national power grid privatisation look at that result , would say you are the one with out facts and are oblivious to the fact the fed debt is going up around 400M a day , there is not $400B of Parks to sell - oh hold on sell it to the Chinese like West Arm Port Darwin right next to the US military base !
- Forums
- Economics
- Is Private Sector Unemployment 30% ?
Is Private Sector Unemployment 30% ?, page-18
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online