Skip to content

July 4, 2015

Mortgage Stress: Armageddon in waiting

by John Kelly

house 2There’s no easy way to say this. Right now, the government’s economic policy is on a collision course with ballooning private debt and a meltdown is hurtling toward us as certain as night follows day.

To use a popular metaphor, as things stand, the frog is well and truly in the saucepan, the hotplate is on full, the water is getting uncomfortably warmer and the frog still hasn’t realised he is in deep trouble.

Read more at: The Australian Independent Media network

Read more from Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Note: HTML is allowed. Your email address will never be published.

Subscribe to comments


Political and Social Commentary

Think Left

The purpose of Think Left is to present a view of politics from a left-wing perspective.

Round The World in 79 Days

Melbourne . Auckland . Houston . Orlando . Washington DC . New York . Madrid . Malaga . Barcelona . Geneva . Brig . St. Moritz . Paris . Brussels . Berlin . Pragua . Budapest . Zagreb . Ljubljana . Venice . Koto . Corfu . Valletta . Catania . Naples . Rome . Brindisi . Bangkok . Tokyo . Mt. Fuji . Kyoto . Hiroshima . Melbourne

The Mugwump Post

Australian Politics

The AIM Network

The Australian Independent Media Network

The Extinction Protocol

Geologic and Earthchange News events

The Obama Diary

President Barack Obama ... photos, videos & a word or two


Turning the tables on spin

%d bloggers like this: