1. Most Discussed
  2. Gainers & Losers

Why can't the Coalition save voters $0,000's

  1. DavoMagic

    6,914 Posts.

    Just declare they are chasing down the debt culprits and bneficiaries that caused economic terror on the Australian landscape.

    I mean interest rates should be heading to 15% to tighten everyones' belts in the pending global crisis but we can't afford to because of these massive debts position.

    The RBA brought rates down to 2.25%.

    2.25%!!!! WTF!!!!!


    Are we looking down the barrel or what!!!!

    I can't see myself spending for the next 2 years to prepare for the downturn we are facing due to these massive interest bills and weak currency position.

    I can't buy houses because they are too expensive and our house debt position is biblical and stocks are on a knife edge.

    Not sure what to do with my small funds at the moment.

    The economy is high risk atm so any funds I have will be well clear of any carnage in Australian activity atm until I know accountability and responsibility has returned I have have some confidence as to where I can put my cash !

DISCLAIMER:
Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.

Top

Thank you for visiting HotCopper

We have detected that you are running ad blocking software.


HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.