Hutchinson Builders have cut staff, reduced work hours and cut pay.
Consumer confidence craters and housing is expected to follow.
The current economic collapse might be worse than the Great Depression.
Nations are beginning to hoard food and limit exports.
High debt level is putting Australian banks at risk.
Some Retailers wont’ survive the lockdown.
The government has announced more stimulus money.
Skyrocketing unemployment is leading to a crash in the financial sector.
A worldwide economic depression is coming.
#Australia #Economy #Depression Let’s look at the numbers and see if Australia meets Keynes’ definition of a depression. References