Interests rate is below average. People are struggling because the economy overheated and people borrowed too much to pay too much. The RBA is making the correct decisions. The government is failing.
@@L9MN4sTCUkCompletely agree. The RBA is staving off further inflation increases once they lower rates. They understand human behavior and greed. The Government is making it a political talking point. They stuffed it up in the first place...literally the world over.
Money is storytelling where we add artificial value to paper. Australia is losing its fininte tangible resources to a psychological construction aka economy. Who is this economy for?
Bring on the recession. Economic migrants expecting to be handed a middle class lifestyle on a platter will get the message and leave. Australia desperately needs a recession
The economic migrants is the narrative I've heard from the Neo Nazis since 2016. First, migrants come here because they have a job set up, to believe they're on a middle class lifestyle is laughable
Awareness of the importance of household income to access to resources equals class consciousness. Bring it on.
the RBA only lowers rates when the LNP are in power.
They raised it first time in years when the liberals were in power.
Greg, do you think the RBA is playing politics given the board is comprised of high income earners?
Interests rate is below average. People are struggling because the economy overheated and people borrowed too much to pay too much. The RBA is making the correct decisions. The government is failing.
@@L9MN4sTCUkCompletely agree. The RBA is staving off further inflation increases once they lower rates. They understand human behavior and greed.
The Government is making it a political talking point. They stuffed it up in the first place...literally the world over.
You should interview Kyla scanlon she has coined the term vibecession. And her book in this economy is right on the mark here.
Money is storytelling where we add artificial value to paper. Australia is losing its fininte tangible resources to a psychological construction aka economy. Who is this economy for?
Would prefer to see u both#
Bring on the recession. Economic migrants expecting to be handed a middle class lifestyle on a platter will get the message and leave. Australia desperately needs a recession
The economic migrants is the narrative I've heard from the Neo Nazis since 2016. First, migrants come here because they have a job set up, to believe they're on a middle class lifestyle is laughable
kudos on a much better episode. Greg seemed much more honest this time and not so manipulative with the information.