Take this on top the 40% cuts in services and were in for very HARD TIMES.
Job losses, Interest rate rises, lower Wages, Public Services slashed.
When they talk about AUSTERITY ....
(Austerity is a term from economics that describes a policy where nations reduce living standards, curtail development projects, and generally shift the revenue stream out of the physical economy, in order to satisfy the demands of creditors. Typically, private banks, or institutions like the International Monetary Fund (I.M.F.), will demand an "austerity policy" from a national government, as a condition for re-financing loans that are coming due. This might involve cutting food or fuel subsidies, underfunding public infrastructure (transport, education, health care, water and power management), or rationing. When these demands are made by the I.M.F., they are known as I.M.F. conditionalities.)
Those who are up to their necks in debt are going to hit hard, those, like me, who are unable to work are going to be punished for Rich mens folly with the countrys finances
and be expected to pay for it.
Those millions who have worked hard, saved, with Mortgages etc and call themselves "MIDDLE CLASS" will be joining those on Benefits.
Everything they have worked for and saved for will be worthless.
Trying to find a job will be even more difficult, especially with mass redundancies around the corner.
And how can they compete with the Immigrant cheap labour market ?
The "POSITIVE DISCRIMINATION" laws will mean finding a job nigh impossible for the Indigenous workers.
Your Childrens EDUCATION will suffer, our PENSIONERS will suffer, our SICK and DISABLED will suffer, YOU WILL SUFFER.
So get ready, tighten your belts, this is going to be one hell of a rollercoaster ride, but this rollercoaster is not on a pleasure beach, it's going to be everyones lives 24/7 - 52 weeks a year for god knows how many years to come.
But hey, don't complain about it...YOU VOTED FOR THIS.