Share on Facebook Share on Twitter Share on Reddit + - LVO talks per capita recession on The Bolt Report By Unconventional Economist in Australian Economyat 12:15 am on March 11, 2019 | 15 comments On Thursday night, I gave an interview discussing Australia’s per capita recession on The Bolt Report. Enjoy! Share on Facebook Share on Twitter Share on Reddit + - YOU MAY ALSO BE INTERESTED INAmid immigration boom, Sydney water storages plummetBy Leith van Onselen As Sydney's populationAustralia's five years of wage fallsBy Leith van Onselen MB has gone to greatCBA flash PMI reboundsVia the CBA: Latest PMI data pointed to aConstruction bust casts dark cloud over economyBy Leith van Onselen Yesterday's March quarter Comments stagmal March 11, 2019 at 12:43 am wicked kool Willy2MEMBER March 11, 2019 at 1:11 am – Immigration does indeed put downward pressure on wages. In that regard immigration actually weakens demand and by extension the economy. – But this has been pepered over by rising levels of debt. But now the credit impulse also is going/has gone into reverse. doctorX March 11, 2019 at 6:21 am immigration puts downward pressure on wages only if they spend less than what they earn over the last decade or two immigrants were spending much more than earning (via credit money creation) effectively creating 5 or 7 times more demand during deleveraging period things change so we are yet to see real downward pressure on wages DanMEMBER March 11, 2019 at 1:22 pm Not much surplus demand showing up here: https://pbs.twimg.com/media/D1V-yo7XcAAwv_X.png:large fitzroyMEMBER March 11, 2019 at 6:27 am Good points great interview UE Jacob March 11, 2019 at 2:10 am You may as well not attack him for his global warming stance – so you can appear on his show more often to demolish the lies peddles by globalists. (let the fake Guardian and fake ABC rant against his global warming stance) I was surprised to hear him speak a few words of Dutch a few months ago! He has Dutch heritage too! Holland had 1 million more people than AUS in 1960 and now AUS has 8 million more people than Holland! The median age is 42 years in Holland and 37.4 years in AUS. So, AUS imported 8 million poor people for the sake of a slightly younger population than Holland. The height of madness. fitzroyMEMBER March 11, 2019 at 6:32 am At least bolt has the courage to hear the truth, something that is beyond the SJW at the ABC. NikolaMEMBER March 11, 2019 at 9:18 am One of your better performances UE. Well done. And you left best for last. DominicMEMBER March 11, 2019 at 10:08 am 3 of 4 growth drivers peaked (or peaking) right now = Labor gets one term in office. They will wear the full force of the downturn Philly Slim March 11, 2019 at 1:13 pm Good work Leith – well explained and Bolt seemed like he got that. Sadly we just need to get some politicians on board!! John 3-16 March 11, 2019 at 1:32 pm Australia is a great country. We just need another,.. 200 million people. TMEMBER March 11, 2019 at 2:24 pm He let you tell it how it is. Full credit to both on this one.💪Wonder how many people see this? anzacMEMBER March 11, 2019 at 3:29 pm Great overview. Excellent reference for people who haven’t been observing this unfold. BubbleyMEMBER March 11, 2019 at 4:19 pm That was clear, concise and in layman’s terms so the average Skye News punter could understand it. Well done. I was surprised to hear Bolt criticism of the standing government. I wonder if Uncle Rupert will allow him to carry these views into News Corp papers? LSWCHPMEMBER March 11, 2019 at 8:48 pm An impressive effort Leith. A clear message delivered convincingly and with gravitas. Well done.