The coming crash of the Australian economy.

neddy

Alfrescian (Inf)
Asset
Joined
Jul 14, 2008
Messages
6,464
Points
0
Waste lots of money on silly expenditure programs etc

Borrow huge amounts of money to fund these silly programs

Throwing cash at welfare recipients who waste the money, no multipler effect.

The Socialist redistribution of wealth. lost ecoommi opportunities.

The alienation of capital by the Federal Government.

Introduce a carbon tax.

Rigid labour laws and uncontrolled union power. At the first smell of trouble, retrench.

Coming housing bust

Energy crisis because of under investment in gas supplies and gas power generators to replace populating brown coal.

Mining bust , $100 billion to $200 billion in mining projects are being mothballed

Bad over-investments/misallocations of resources during the economic boom means under-investments in important economic sectors that will lift the economy when the boom is over.

Greens & left-wing hijack the economy. Refugees intake is the highest per capita in the developed world.

Politicians keep making big spending promises and don’t take into account the mess they have got ourselves into.
 
Last edited:
Back
Top