Tag: gdp

Australia’s third quarter GDP figures were released yesterday showing growth of 0.9% for the quarter, or 2.5% overall for the year! While it looks good, don’t be fooled!, Exports account for 1.5% of this apparently healthy number. Which means the domestic economy continues to struggle. Property Prices to be Supported...

Let’s look at the facts: GDP is struggling and risking a recession at only 0.2% growth, Inflation is a Non-Issue at only 1.5%, Un-employment is among the highest in world at 6.2% And The RBA is “Happy" - Their own words!  Unbelievable!!! Why does Australia tolerate having the least talented, poorly performing Central...

Overnight the European Central Bank recorded inflation at just 0.1% and GDP growth of 1.5%.  The European monetary merry-go-round is stalling to a halt. In response, they are now flooding the market with more credit to stimulate spending and speed up the economy.  America has already done this successfully as we now...