The media are doing a fine job in scaring the general public. Rental crisis, Mortgage crisis, Housing crisis amongst others. Our economic situation is dire if you were to believe the media.
Truth is that we are still doing well, considering how poorly other countries are going. Yes, we all have had to tighten our belts in relation to our own budgets, and sacrifices need to be made. But people are carrying on as if they haven’t experienced any suffering at all. So much so that when things started to go slightly downhill they panicked, led by the media of course.
Things have been far worse in the past and we got through it. Perhaps the main whingers didn’t go through the recession of the early 90’s where interest rates reached 17-18%.
Truth is that we are still doing well, considering how poorly other countries are going. Yes, we all have had to tighten our belts in relation to our own budgets, and sacrifices need to be made. But people are carrying on as if they haven’t experienced any suffering at all. So much so that when things started to go slightly downhill they panicked, led by the media of course.
Things have been far worse in the past and we got through it. Perhaps the main whingers didn’t go through the recession of the early 90’s where interest rates reached 17-18%.
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