Subnostr

Welcome to the latest instalment of #AUStriches having fun staying poor in which we discover where our tax dollars are actually flowing.

Second graphic shows which demographics are sitting on all the savings.

This is what “looting the treasury” looks like in 2023.

All those silly boomers & X'ers keeping their cash in the bank.

Not going to end well.

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That just means the banks are ripe for bailout, can’t let the Boomers take a loss!

Aus is one of the few countries who can afford to bail out the banks, near certainty we see it happen this decade.

Not going to end well regardless!

I was referring to the inflation that's coming.

That 4.5% pa fixed term deposit isn't going to age particularly well.