An economic twilight zone is upon us. The RBA says we are out of recession. Corporate insolvencies have declined sharply. Yet unemployment is up sharply year on year, and the RBA has seen the need to set official interest rates at historical lows.
Something is seriously amiss, and the explanations we are receiving from our politicians and mainstream economists do not sit right.
So this week we have social media’s go to economics analyst and philosopher - Principal of Digital Finance Analytics, Martin North, who will share his recent consumer and SME research and set this in the context of current monetary policy and future expectations. He says we need to stand back and really understand what is going on…