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The Australian Government owes $1 Trillion - how are we going to pay this?
Posted by James Cagney
on 16 November 2020
It is staggering what the Australian Federal Government Will owe in 2020-2021. Never mind what the States and Territories will owe. The Coronavirus Pandemic has obliterated any hopes for a surplus for many years to come. Our children's, children, children will be paying it off during their ...
| Posted in: Federal Govt Debt |
The stimulus will soon be over. We now have to live in hope
Posted by James Cagney
on 16 November 2020
Now that the government has reduced the JobSeeker and JobKeeper payments and due to end 30 March 2021 many Australians are going to find it hard to meet debt repayments. This sad situation does not only affect the recipients of JobSeeker and JobKeeper it will have dire c...
| Posted in: Protect your assets and reduce your debts Protect your Assets (2) |
The 2nd wave of Coranvirus in Australia
Posted by James Cagney
on 15 November 2020
Since my last Blog the UK, USA, Europe and a number of countries around the globe are now well into the 2nd wave of the Corona virus Pandemic. It is a virus and it does recur - there is increasing doubt from medical experts who cannot state that those who already been infected by the virus will...
| Posted in: 2nd wave of Coronavirus in Australia |
Part 3 - Don't be lulled into a false sense of security
Posted by James Cagney
on 24 June 2020
Many property Spruikers are blurting out the usual clichés like "Out of every crisis comes massive opportunity", in an unethical attempt to get you to buy NOW! Well the property market is not the place for those who are after quick profits. Try the share market ins...
| Posted in: Part 3 - Don't be lulled into a false sense of security |
Australians' should not be lulled into a false sense of security (Part 2)
Posted by James Cagney
on 17 June 2020
Do not be lulled into a false sense of security (Part 2)
The Coronavirus COVID-19 has thrown world economics into turmoil. Time tested principles like "Supply and Demand" has economists at a loss as to how this pandemic will pan out. Let's look into some of the issues ...
| Posted in: Part 2 - Dont be lulled into a false sense of security |
