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Showing posts with the label Steve Guttenberg police academy maloo ute australian property monitors residex crikey adam schwab louis christopher saudi arabia uprising REIV enzo raimondo housing bubble australia tasmania

Will they turn?

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The conversation was about uprisings and it made it to the inevitable - "the thing that frustrates me, you never see anyone pull that in Australia - politicians never have to worry about that."  He was wearing a collar and tie, and had a business degree, so I doubt he wanted a full scale revolution - just some entertaining militancy here and there. So I had to remind him - when the locals arrive home to find the plasma TV still working, and the BBQ still cooking meat, not much is wrong in Australia land. Until something does go wrong.  When was the last recession in Australia? Who cares, they don't happen any more. A relic of a bygone era, like Steve Guttenberg and his other Police Academy friend - the one who made the funny noises. Since that last recession the peeps have gorged on debt, saved very little and understood bugger all about frugality. Houses have trampolined to insane heights and they've been used as ATMs to fund lifestyle choices because the river of mo...