Australia is being liquidated

Friday, 13 March 2020

Let’s not beat around the bush. Australia is being liquidated and authorities have no idea why.

The stock market is not being sold off. It is being destroyed at astonishing speed. We’ve completed half the GFC in three weeks:

Worse, the epicentre of the bust is the banking system, which has been brutally executed mafia-style by a GFC thug juiced with amphetamines:

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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.