my goodness, what are they teaching in economics now.... or maybe a read of the RBA minutes is required
interest rates dont go up if people stop spending, the opposite occurs.........rates come down to boost the spending... and if they are spending madly, its getting too hot, then the opposite, rates go up to curb the spending...
you say they only have themselves to blame..... what, they were given the same wrong messages,,,,that you too are relying on...to support your claims....
