This is from a story that was published by ABC News in Australia, whereby documents revealed how the Reserve Bank of Australia urged the government to “shut down” the entire Real Estate Industry. Continue reading, it gets more interesting… or should I say, uncomfortable alarming that such a thing happened.
Anyone that has studied economics or political science will know that the 3 pillars of democracy are: The Executive Pillar (government, agency, institutions etc,), The Legislature Pillar (Parliament, assembly, congress, senate etc. ) and The Judiciary Pillar (Supreme Court, High Court etc.) However, when the administration of a government begins to show signs of tyrannical oppression, that’s when the fourth pillar of democracy becomes the most important one.
The madness continues as there are no signs of economic improvement on the horizon. Now many of you will read this sentence and immediately say “he doesn’t know what he’s talking about”, because the share market is heading north like there’s an endless supply of rocket fuel and the housing market too is showing no imminent signs of slowing down. That’s all doom and gloom… we’re going well. Recovery is happening.
Regardless of which industry you extract your earnings from. Regardless of what you do for a living. Regardless of whether you are an active investor or one that’s waiting to become one. Regardless of whether you’re rich or poor. You have to pivot and pivot NOW. I’ll explain why.
For weeks we have been looking at the state of the housing market in the aftermath of Covid-19. So far, the data does not suggest a complete wipe-out, however, cracks are now getting wider. Take a look. This tool is only for the New Zealand market at this stage. Data provided by the New Zealand … Read more Covid19 Housing Market Impact – Interactive Map
There are a lot of things going on during this Covid crisis. Its no secret that something fundamental is shifting and given the sleepiness of the masses, probably a good 98% of people out there are too busy to take notice of how everything is changing while the “new norm” becomes the everyday norm.
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