Yeah I’m under no illusions that our problems have come about suddenly.

I can remember in the early 2000s a family friend who was a tiler, explaining how he was levering up to buy properties and using negative gearing. He had 4 and was getting a 5th. I didn’t understand how it worked but I knew it sounded like a scam and that’s when I first became aware of some of this stuff.

That was by no means the start, it goes back decades but because we’ve been isolated, never under threat of war, and fortunate with commodities booms, our “leaders” have just been lazy and each new one coming up is worst than the last. I’ve met a bunch of them - in the private sector there are good and smart people, in Gov and the bureaucracy they are truly pathetic specimens who wouldn’t last a month in true free markets.

It just has to play out now. Let it all burn because it won’t be fixed without a complete flush of the parasite class.