http://www.adelaidenow.com.au/fears-australias-unemployment-rate-...

http://www.adelaidenow.com.au/fears-australias-unemployment-rate-will-rise-as-oecd-report-warns-of-weakening-global-economy/story-e6frea6u-1226525150125

"A NEW major global recession in the next two years "cannot be ruled out'', a leading global economic body has warned.

And there are growing concerns that a fresh global downturn may undermine Australia's record 21 years of uninterrupted growth and send unemployment soaring."

What will soaring unemployment do to our over leveraged households?

Surely this is a huge risk for Australia resulting in a specular property crash.