I discuss the state of the Australian economy with economist John Adams.
Links to his series of articles:
Ten signs we’re heading for ‘economic armageddon’ (Feb 2018)
Ten myths making Australians complacent about looming ‘economic armageddon’ (May 2018)
Six pathways to Australia’s ‘economic armageddon’ (June 2018)
How to prepare for economic Armageddon (June 2018)
Great insights. I couldn’t agree more and have been saying so since the GFC.
Why do people become so complacent after being kicked so hard?
Or are they just gluttons for punishment?
This debt and household money management story has been going since way before the GFC.
Yet no-one seems to be listening to the silent majority who always suffer the most and bear the greatest brunt and burden.
This is the whole reason behind developing software to meet the problem, but no-one wants it even if it was free! Just like lambs to the slaughter and then they’ll all complain after the fact.
As long as the government stays in power, they don’t care. They are oblivious to the greater community and speak in platitudes. They walk away with their taxpayer funded pensions and gold cards for life!