RBA "Kills" Aussie Economy With False "Kindness"!

  1. usc75
    7,026 Posts.
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    03/11/20
    15:56
    Post #: 48614579
    RBA "Kills" Aussie Economy With False "Kindness"!
    https://hotcopper.com.au/data/attachments/2617/2617051-f97b3eaf393c1fea03099b194b6e38e9.jpg
    3rd Nov 2020:     Cash Interest Rate Slashed To 0.1%; $100bn In RBA Purchase Of ScoMo Gov't Bonds, Maturing 5-10 Years! >>>

    So Far, ScoMo-Josh Deficits = Record $214bn; Gov't Debt = $1.1 Trillion & Mounting Daily With Zero Plan-Hope Of Repayment...

    PS: Meantime. Aussie # 2 Bank Westpac (ASXWBC), Propped Up By ScoMo-Josh, Records Worst Financials In Its History Since 1817...
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