Monday, 10 January 2022

The Morrison Wave: Aussie, Aussie, Aussie, oi, oi, oi.




To describe in words the situation Australia is facing would be long. The health system is verging on collapse. Supply chains aren't in much better shape. Supermarket and pharmacy shelves aren't refilled. My gut feeling is that we might be about to face an economic contraction.

The chart opening does not fully convey the magnitude of the disaster Scotty from Marketing and Dominic Perrottet created either. But it does go a long way: those two blokes proved that Australia can indeed punch above its weight. We're number one among rich nations.

That's how the "let it rip" strategy looks like.

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