Quote:
Originally Posted by asagaai
Not my view- what I perceived Professor Swan to be saying.
Just thought I would post the article which provides another perspective. I also do not agree that covid 19 is a mild or innocuous pandemic, but next year will be the acid test for our economy in terms of housing, homelessness, and business wind ups.
There are so many zombie companies that are insolvent and dead, but do not know it yet due to jobkeeper etc.
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They interviewed many small business owners and people that have lost there jobs on Four Corners last night......
https://iview.abc.net.au/show/four-c.../NC2003H034S00
The economic signs for next year do not look promising........