Global Financial Crisis 2 Still Not Here

Things seem to be moving slowly when it comes to GFC 2. When will it hit. One cannot help thinking that things are being kept artificially floating. Unemployment is still high in the USA. Unemployment in Australia is higher than it could be too, although economists are saying that Australia is doing OK...perhaps!!!

So when will it hit, those with job security will be OK, which may not be so true if Tony Abbott gets elected. This may happen if Julia and Labor can't claw back some public opinion in their favour.

This look shakey for Labor if they lose any members of the house of Reps. Tony Abbott is seeking to rock the foundations of the government by finding a way of getting rid of a member, then having a by-election in which the Libs could win a seat. Abbott could himself cause a giant loss of confidence in the Australian economy, if Joe Hockey is to be the new treasurer. He is a man who knows nothing about the economy. He is like a Mafia hitman in the parliament. He is like Tony Soprano without the authority. Abbott himself has presented little policy  to the Australian people. He is a man devoid of intelligence.

Could Abbott be the cause of GFC 2? Time will tell!!