What is coming...
My worst doomsday predictions are as follows.
Background....
The AU and US stockmarkets have run hard (US is well above pre-GFC peaks) yet the economy is far worse.
US Dollar is increasing in value despite them still printing money
AU economy has been bleeding manufacturing companies and workers. Wages in mining sector have increased drastically
China has been running a debt fuelled bubble which has pushed housing prices to unsustainable levels
Doomsday...
China sneezes smashing commodity prices.
Follow on impact is Australian mines go bust, infrastructure growth stops, AU dollar falls, too late to save manufacturing, AU share market and housing prices fall, Job losses everywhere