Does anyone remember the early 90s recession? 1990- 1994.. Unemployment went up to around 10% and housing prices declined.
@richardminhle
8 күн бұрын
Aussie home price will go down but on the background of a collapsed Australian economy. It won’t be an isolated event while everything else is fine. You have to understand everytime people called it to collapse and it didn’t happen, it means that when it happens eventually, it will be much worse.
@polarnap
10 күн бұрын
I think he's right. Without endless government meddling it would have already crashed.
@albertsun8822
5 күн бұрын
Why give him the oxygen
@NoRegertsHere
10 күн бұрын
Cheap interest rates for too long did inflate the stock market and the housing market higher than they would’ve been. His data tracking peak spending age (45ish) in different countries is really interesting. Demographics play a huge role. In his book ‘the Great Depression ahead’, Australia was not forecast to suffer from this demographic cliff, neither was the UK, nor the US due to immigration. India and Africa would be the next super power due demographics until 2060, when US would take over again. China’s demographics were forecast to max out in 2020, which seemed pretty accurate.
@Andrew-hu1bx
9 күн бұрын
NEVER LISTEN TO HARRY DENT HE IS A BONEEEEEE HEAD!
@Dookitydook
10 күн бұрын
Does WMR run this channel? lol
@homersimp
9 күн бұрын
Hmm if we didnt let 500k immigrants in 1 year, prices would have definitely pulled back. 50% is a freakin dream tho
@boredymcboredface8624
8 күн бұрын
Unfortunately it is the immigration that is used to maintain growth and stop recession- we import ready workers rather than spend 25 years growing them up.
@unknownisbest
8 күн бұрын
Economist? I know a Doctor in Economics who is Treasurer of Australia who has yet to prove he can run a coffee shop profitably.😂 US Economist? Just look at US Economy and tell me their economists know what they are doing.😂
@Tetus7
7 күн бұрын
US economists have virtually nothing to do with the success of the US economy, aside from JPow and his team. Just because they're called economists it doesn't mean they control the economy lmao
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