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Politicians are loving borrowing and spending hundreds of billions of dollars but they never talk about any negative consequences. Well here’s a beauty. In a country with over 7 million unemployed – employers can’t find workers.

Mike talks about one of the big messages from current financial and economic environment that nobody’s talking about.

There’s only one way to mitigate the massive financial and economic damage due to the measures to stop COVID19. Nothing short of our standard of living is on the line but it will take a massive shift in attitude.

The federal government is about to ring up more debt this year than that last 9 years combined. Many economists are saying it’s affordable but that depends on who’s willing to lend and at what rate.

Mike’s Editorial – May 9th
Posted by Michael Campbell
on Saturday, 9 May 2020 11:27
During some private conversations with top economic and financial analysts I asked what they thought of the government decisions to go nuclear and lock down the whole economy. They didn’t mince words.