we can call it the AFC...different from the GFC
because it is purely australian only driven
nothing to do with the GFC...
this was solely self inflicted by the labor crowd
this one is all being made by the current mob who stormed the office of parliament, and took over with the help of the other non independants...ie labor moles pretending to be independents
the carbon tax is crucifying all businesses, big and small
you will not see headlines, news flashes about Joe Blows business that has closed down with the loss of 20-100 staff
you will only hear what media wants you to hear....or more truthfully those jobs which they cannot hide...ie due to it being a public company, so everyone watching the stock market is aware of it anyway
I have heard so many stories from business owners about the gigantic cost of carbon tax, added to their electricity bills, and energy bills...its unbelievable
those in power are pretending everything is hunky dory..
it is not
big job losses are already on their way..
the miners are not going ahead with their big plans
retail and tourism is reeling
the tax that swan was counting on coming in to pay for all their largess, has now dissapeared, and will continue to do so
they thought they were smart, lumping a massive new tax on everyone, but on our energy, not disposable items
and at the same time, thought we were so stupid , that if they said we are cruising, we would believe them
so consumers cannot do retail and tourism thereapy, to help the economy...
they can only afford to pay basic costs...
so watch our own GFC Mark 3 play out
this is madness....
lesson 101 in how to cripple a once thriving economy
and turn it into 3rd world status
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- we have our own australian financial crisis
we can call it the AFC...different from the GFCbecause it is...
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