Australian Economic Collapse General

[Anonymous No.12070843]

>lowest level of household savings since GFC
>record levels of private debt
>house price crash accelerating
>interest plus principal mortgage rollover incoming
>retail spending contracting
>GDP per capita negative
>stock market starting to tank
>economy critically exposed to China-US trade war
>openly corrupt government

[Anonymous No.12070883]

>>12070843

Hey, maybe this time you guys can get the honor of tipping the whole system into a global catastrophe that destroyes the economic livelyhoods of billio s of people. Think how cool that would be.

[Anonymous No.12071884]

>>12070883
imagine that, australians financially shitposted hard enough to derail western civilisation.

[Anonymous No.12071911]

>>12070883
kek yeah ok like these faggots are even a drop in the global liquidity bucket
they wished they mattered that much

[Anonymous No.12071934]

It’s okay Bazza, the chinaman won’t let their new territory perish too much, say hi to mr Chang for me

[Anonymous No.12071968]

>>12070843
didn't our gov also just curb-stomp the IT sector by passing those encryption laws or are the claims exaggerated?

[Anonymous No.12072066]

>>12071911
I agree, however a lot of New Zealand's banks are child organisations of our big 4 banks so at least we'll take those sheep fuckers down with us.

[Anonymous No.12072124]

Already sold all my Australian shares couple months ago at the top

[Anonymous No.12072314]

>>12071934
Chang already left Oz
https://www.mpamagazine.com.au/sections/features/chinese-real-estate-investment-in-australia-drops-by-nearly-30-254873.aspx