Good afternoon and welcome to Midweek Mayhem, our middle-of-the-week idle chit chat thread.
Of course the big news today is that the economy actually grew a bit, by 0.4% I’m led to believe. Now that might not seem like much, but it flies in the face of all the so called “experts” that were predicting a contraction of 0.2%.
So, technically, and it’s purely technical, Australia may avoid a recession. Meanwhile unemployment continues to climb especially in NSW.
While the Opposition bleats on about escalating debt, for those of us who are managing to hold down a job, things are actually looking quite rosey – low interest rates are allowing us to pay more into the mortgage, the Aussie dollar is rising against the green back which is just dandy if you’re planning an overseas trip, and house prices are either rising or falling depending on who you listen to, so nothing’s changed on that front for about 15 years.
In terms of real estate, there’s been much speculation in the meja about a last minute rush of first home buyers entering the market before the grant extension expires. Could this be the “storm before the calm?” I can’t help but thinking that it may well be. Particularly when Winter is traditionally a dead period for real estate sales..
Anyway, on another note I have created another blog called Gutter Trash which is purely designed as a piece of self-indulgent nonsense and a haven for those that want to make politically incorrect, blasphemous and anti-religion, anti- christian remarks et cetera. Seeing as that sort of thing seems to strike a raw nerve around these parts.
Here’s some midweek musics..