Discussion in 'The Economy' started by Simon Hampel, 2nd Dec, 2008.
RBA: Media Release-Statement by Glenn Stevens, Monetary Policy
Great timing for Christmas!!
Thats if you still have a job
Why wouldn't we?
Sydney has already had it's job cuts.
It will be good news from now on....
That's a very optimistic outlook...
I on the other hand just went out of celebratory drinks last weekend with my good mate who wanted to celebreate the fact he wasn't one of the 8% of his firm who were fired last week!
There is are a lot more job losses to come...
Higher unemployment is a given, growth at 0.1 per quarter is NOT helpful.
NSW is in pretty bad shape, i wouldnt be suprised if we are in a recession already.
Stay alive ppl
I'd be surprised if it wasn't.
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