It’s hard to think of a more inane topic of conversation than the Australian budget deficit. If there is one, we’re all ears.
Increasing minimum wage might sound like the right thing to do. But the real way out of this mess is to encourage private business sector growth.
When the time comes, owning gold stocks will become the hedge against government. That time isn’t yet. When the financial system starts crashing, gold won’t survive.
You can protect yourself by buying gold stocks. Of course, it matters when you buy. And the right moment isn’t here yet.
An economy that loses 9,300 full time jobs, but gains 20,200 part time jobs, probably isn’t an economy that’s experiencing real growth and prosperity.
If the Australian government really wanted to splash around a lazy $10 billion, here’s a suggestion:
Is this the cosmos saying that the government’s new budget is in tatters already? As far as signs go, it looks like a pretty obvious one to me.
Yesterday’s euphoria has been replaced by today’s reality. Folks out there are starting to understand exactly where the Australian economy is heading.
Think about superannuation as the government’s own stockholding. In fact, view the SMSF pool as one big company.
Cutting rates isn’t a good sign of a growing economy. The RBA cut rates to help stimulate the economy. To help jump start a flat-lining heartbeat.