XJO 0.10% 7,767.5 s&p/asx 200

XJO - Week-end Charts and Chat. 13/14/June, page-18

  1. 2,587 Posts.
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    Jobkeeper and Jobseeker pouring money into the Australian economy at the moment, at the bottom level.

    Big banks with deferred interest also helping.

    So if we follow the USA Fed model, these payments will be extended for at least another year.

    I read in the ":australian"[ no date a while ago] that 72% of AUS workforce is Goverment [fed, state and local] plus jobkeeper.

    So the whole thing is iron ore tax and printed money.

    My son just smashed his car. So now everyone has their hand out for huge amounts to fix it.
    That is the economy.
 
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