Get ready for the recession

Politicians and highly-paid bureaucrats love to paint a picture that everything is going along fine and that there is no need for dumb voters to worry. After all, they are in control, and they 'know' what they are doing. But the reality is rather different, they don't know what they are doing and are bumbling the economy (here and throughout the world) into recession likely to hit within the next three years. Even the international business magazine, Forbes acknowledges that Australia is one of the countries most likely to be hit by a massive debt crisis within three years. Our current account deficit is $1 trillion and politicians and bureaucrats have no idea how to get the economy under control. Unemployment in Australia is still too hight at 5.8%.

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