Australia’s Economic Hell - Soaring Prices, Mortgage Crisis, Borrowers Trapped

Australia’s economy has been hammered by higher interest rates. However, unlike many other economies, Australia is trapped with high inflation thanks to their mortgage crisis. Here’s why Australia’s economy is in a tough spot and why this pain could get even worse. 📍📍Buy Gold & Silver (Singapore Viewers): - Get a 0.5% discount with the code: SEAN 💰💰Stocks Sign-Up For Tiger Brokers: - Get Gifts Worth S$450 (Singapore viewers): - Get Free Stocks Worth Up to US$1800 (American viewers): - Get more free stocks up to $1,000 from Moomoo (Singapore & American viewers): ✅ Timestamps & Chapters: 0:00 Australia’s Crisis Deepens 2:09 Inflation Pain Resurges 4:35 Australia’s Mortgage Hell 7:23 Can The Economy Survive? 10:22 Rate Hike Nightmare Subscribe to my channel where we dive deeper into the world of gold, silver & investing: 🔴 Subscribe: Helpful videos for gold investing: - Start With Silver Or Go Straight For Gold?: - How Much Gold To Own: - How High Can Gold Prices Go: Learn how to buy physical gold: 👑 Here’s how to buy physical silver: 🪙 Please note: I will earn a small commission from affiliate links at no additional cost to you. Disclaimer: The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.