View Single Post
Old 13-08-2024, 07:20 PM   #2968
John 13
Regular Member
 
Join Date: Jan 2014
Posts: 441
Default Re: Australia housing bubble

Quote:
Originally Posted by Itsme View Post
Beg to differ, capitalism is what keeps the world going.
OK, as long as there is economic growth manifesting itself in increased profit in listed entities. It is notable that in many cases the increase in profit is achieved through reduced consumer choice, just in time stocking, apparent reduction in quality of stock items (eg. Bunnings), and cost cutting, services replaced by consumer DIY/online activity.
John 13 is offline   Reply With Quote