Unemployment is looking to reach 2 Million people.
Australian banks have crashed due to bad credit fears.
Debt consolidation loans are increasing.
Cashless Aussies are resorting to stealing and looting.
Consumers are actually leasing dogs.
#Retail #Shopping #HeiseSays Australians have spent big on Christmas and gone into debt. References One in three Australians start 2020 with a ‘Christmas debt hangover’ https://www.news.com.au/finance/money/costs/one-in-three-australians-start-2020-with-a-christmas-debt-hangover/news-story/1bcd02b3c7a51da4a2204bbf5e47cb0a
Let’s look at two different approaches to decimate debt.
The world is facing a global debt crisis.
#Debt #Australia #Household #HeiseSays Australia’s household debt is at a record high. References Why are we so worried about household debt? https://au.finance.yahoo.com/amphtml/news/why-worry-household-debt-190036599.html
#Banking #Money #Economy The public is beginning to learn that private Banks are “printing” money out of thin air. References https://www.theaustralian.com.au/nation/politics/big-four-banks-just-creating-piles-of-money/news-story/c87faa72a76d3bd2143fe0d6b088186f