So, it's no wonder for latest Qtr: * Real GDP Growth = 0 * Real GDP/Capita = 0 * C component of GDP (= 60% of GDP + C+I+G+X-M) Growth = 0 * I component of GDP = 0 * Retails sales are worst on record * Car sales are tanking * $5.2bn Tax Rebates are not stimulating GDP * Falling Interest Rates to Lowest on Record did Zip to GDP
What's Growing? * G = Gov't spending by 17% + * X = Exports-Iron Ore & Coal (yes, that "dirty" word-increasing, thanks to President Xi * Housing Prices, further warnings of Housing Price Bubble, thus CRASH * Stock Market-ASX- new records, further warnings of ASX CRASH
