Saturday, 30 May 2015

UBS estimates for Australia 2016 - "Recession"

*Update: Business economists are now talking "recession"
 
The adults are in charge spending at a rate equivalent to Labor under the GFC, running away from the green industries of the future whilst hugging the coal commodity that everyone is divesting from, letting entire industries die without gov assistance, cutting back and firing public servants left right and centre in the name of blind austerity, and have now reached this point.

UBS is predicting the worst predictions it's ever done for Australia. I'm not sure exactly what this graph means but it looks pretty fuckin bad to me: