PPRuNe Forums - View Single Post - Ecconomic Bust....or is it??
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Old 25th Nov 2008, 21:11
  #11 (permalink)  
denabol
 
Join Date: Jan 2008
Location: Tallong NSW
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super anyone?

The economic food chain is even more rooned if you rely on dividends from shares or your super fund.

Most super funds will be way down or even negative, that is, no cheques in the mail, for millions of Australians in the coming year. If you were living off QAN dividends, the living is looking pretty thin in the next year or so.

What we are seeing is the income stream of a huge part of the population throttled right back to idle or dead stop.

This is going to hurt, big time, and my main gripe with the media is they keep trying to fudge the situation by running patsy stories about how well positioned Australia is. Like, your arse up in the air is well positioned. Gimme a break.
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