“Human beings are social creatures – not occasionally or by accident but always” Economic Recession. Global Depression. Corona-obsession. Perhaps, the scariest corollary of COVID-19 isn’t the negative slopes of market trends, but the fraying of social ties that are hardwired into who we are as people. It’s the ‘social recession’. If we blow away the …
Lonely, lazy and unwilling to spend – it’s the social recession. Read More »
Record breaking cash rate cuts and unprecedented stock market collapses- COVID-19 has wreaked havoc on all aspects of the economy. While people fight over line positions at their local Centrelink and crash government websites to get through these uncertain times, it is clear that one issue supersedes all others. That being, the closure of sports …
When Balls Stop Rolling, So Too Does the Economy Read More »
From Doomsday Preppers to Pandemic, Netflix has released a variety of shows to get you ready for the looming ‘apocalypse’. Whilst humanity has a great challenge ahead of itself, I certainly don’t think Netflix is a suitable method of preparation for what is yet to come. A more realistic problem appearing on the horizon is …
Interest rate cuts may have provided a temporary reprieve to the economy but at the cost of inflating long-term economic risks. Remember the last time you waited in line at your favourite café, thinking about the RBA’s decision to change interest rates? What impact would it have on your decision to buy that extra croissant? …
It’s Corona time – record ‘lowe’ interest rates and dwindling economic growth Read More »
Scorching fires, thick plumes of smog, and irreversible damage to local ecosystems; this has been the reality of the eastern states of Australia for the past four months. In particular, this recent season has proven to be far more severe than any other in history. Not only did the bushfire season begin earlier and end …
