Dunn and Bradstreet report on the news today, says families are using their credit cards to buy food, and not paying off the cards......
The US have kept their rates on hold.....
Our govt and RBA continuing with the farce they played in 2008....when they kept hiking rates.....when every other country was cutting their rates.....
there is no need to spike the rates, when inflation has been kept on hold....
higher rates affect small business, and jobs.....
the banks are tightening their loan criteria for home loans, and they stopped lending to small business and developers a long time ago....
the govt is considering taxing the miners.....
Woollies sales figures showed the stimulous, then the failures...
the second wave of recession hit in Oct last year, but it takes a few months after the event before the world wakes up....
wakey wakey....its time to wake up
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- its not all rosy out there trouble brewing
its not all rosy out there trouble brewing
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