Adam Creighton on Australia’s Economic Suicide as It Reimposes COVID Lockdown
Have the Australian public been brainwashed and indoctrinated by coronavirus alarmism?
Since the ‘pandemic’ began, there have only been 106 deaths attributed to COVID, and yet the Australian government’s financial outlays have been greater than combined government spending on education, defence, interest on public debt, transport and communication, public order and safety, and housing and community amenities.
According to new figures, the country’s “coronavirus response” will cost approximaely 3.3% of GDP this year, and 6.1% next year.
To makes matters even worse, to offset the government shutdown of the economy, state spending has increased almost 10.6% of GDP.
The Australian’s Adam Creighton discusses the true economic ramifications of the mass-panic policies and government lockdowns.
Mr Creighton points out that most recessions “occur naturally” as part of the business cycle, but that “for the first time in at least modern history, you’ve had governments around the world, not just here, try to shut down their economies”.
“I believe in the naive belief, they can switch them back on relatively easily,” he adds. Watch:
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Source: https://21stcenturywire.com/2020/07/12/adam-creighton-on-australias-economic-suicide-as-it-reimposes-covid-lockdown/
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