"There is no way around it Australia is falling into recession...

  1. 22,145 Posts.
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    "There is no way around it Australia is falling into recession whether you like it or not"

    It's possible.....however the traditional indicator of a recession won't translate into a decline of living standards as it has in the past! We've never had negative interest rates so comparisons with previous recessions aren't valid. You say you've lived through a few.....see similar things to the 90's? Of course you don't?

    You talk about the unemployment rate not being a reliable indicator.....you can't have it both ways!

    There's plenty of juice left in the tank.
 
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