An angry Mr IQ shows whites of the eyes

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The latest videos from Mr IQ are a marvelous insight into the turmoil engulfing Australia’s specufestor class as property prices fall. First, his macro assessment:

But it’s his angry diatribe on property prospects that is really worth your time, compulsive fidget spinner and all:

Don’t scoff. He’s the engine room of your economy.

About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.