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Australia’s
Inevitable Recession

Why Australia’s recession-free run
must end — and three ways to
navigate your wealth when it does

Dear Reader,

Australia’s 28-year recession-free run is a remarkable achievement...

It’s now a world record.

Despite a long line of doomsday predictions calling for a recession since the mining sector hit rock-bottom in 2015…

Our enviable record remains intact…every quarter bringing with it a new milestone.

Yet this miracle run has had its share of near misses…

The relaxation of bank lending in the mid-1990s allowed Australians to take advantage of the reinstatement of negative gearing in the final years of the Hawke government.

Meanwhile, Australia’s tiny tech sector was the only real casualty of the dotcom bust, leaving the stock market and economy untroubled.

Following that, the Aussie construction boom that began in 2001 coincided with China’s rise as an economic powerhouse…putting a rocket under Australia’s iron ore export sector.

In 2008, we dodged the financial crisis when China came to our rescue, buying up Aussie resources by the boatload.

In 2015, we avoided recession despite the mining downturn. Yet this time there was no light in shining armour.

In fact, we only managed this by taking on more debt…and running down reserves.

Like a sprightly cat that weaves its way through any obstacle, it’s almost as if Aussie economy has nine lives.

And why not?

Can’t this economic miracle continue for years to come?

As Daily Reckoning Australia editor Shae Russell shows you in a brand new and FREE investment primer…NO, IT CANNOT.

As you’ll see when you claim Shae’s free briefing, three critical factor are converging that could send the Aussie economy freefalling into recession as early as the fourth quarter THIS YEAR.

That doesn’t give you long to prepare. But there’s still time. Download Shae’s report now and you’ll learn:

• How the government’s ‘fake’ statistics are lying to you about the true state of the economy. Earlier this year, Reserve Bank of Australia assistant governor Michele Bullock declared that there were ‘pockets’ of financial stress in the economy: ‘The overall level of stress among mortgages households remains relatively low’. Shae reveals shocking new analysis that suggests households are in more financial distress than government bureaus are letting on…

• The ‘Triple Z’ mortgage debt the banks are hiding. Statistics say that bad debts, at less than 1%, aren’t a problem. The reality is very different. Banks would much rather keep debt-related information in-house and limit the potential losses. After all, it’s better to have a customer pay off half a repayment than write off a debt. That’s why banks prefer working with debtors rather than letting them default. But this information isn’t made public. Very few people are privy to it. This is why a bank’s non-performing loans don’t look bad — the data isn’t showing the true number of people at risk of defaulting. As you’ll, this potential catalyst for recession is one that hardly anyone sees coming…

• Three actionable ideas to ‘recession proof’ your wealth. Look, there’s a lot you can do to avoid the impact of a recession. But there are a few things you can (and must) do immediately to negate the full force of it. And no, Shae does not suggest getting out of stocks entirely. In fact, there are some investments that could absolutely thrive in a recession. But there are some widely-held stocks on the ASX that you absolute must dump right now.

You’ll learn about it all and more in Shae Russell’s new survival primer, The Looming Aussie Recession and How to Survive It.

To get your free copy today, enter your email address in the box below and click ‘Send Me My FREE Report’. You’ll get a downloadable PDF file delivered to your inbox within the next five minutes.

But there’s more…

When you claim your free report, The Looming Aussie Recession and How to Survive It, you’ll also receive a free subscription to The Daily Reckoning Australia.

Edited by Shae Russell, with contributions from bestselling author and former Wall Street lawyer, Jim Rickards, and free market strategist and advocate Nickolai Hubble, The Daily Reckoning Australia brings you a take on the financial world you simply won’t find anywhere else.

We draw on our extensive global network of leading minds in publishing, mining, finance, banking, economics and even…gasp!…government.

You’ll learn about everything from the latest developments in the global trade war and what it means for Australia…to the RBA’s next rate cut (or hike, although that looks ever unlikely) and the next stage of the property bubble…to the future of energy…gold…and Aussie stocks.

Our goal at The Daily Reckoning Australia is to help put the often confusing (and infuriating) world of finance into context…to help you connect the dots between your bank account, the market, and the decisions made in Canberra and elsewhere around the world.

The Daily Reckoning Australia is 100% free and delivered to your inbox every morning, six days a week. You’ll never be charged a cent to read it.

To claim your free report, The Looming Aussie Recession and How to Survive It, and complimentary subscription to The Daily Reckoning Australia now, simply enter your email address in the box below and click ‘Send Me My FREE Report’.

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References:

http://insidestory.org.au/on-negative-gearing-and-negative-forecasts/
http://anthillonline.com/dot-com-survivors-downunder/
https://dfat.gov.au/about-us/publications/Documents/australias-exports-to-china-2001-2011.pdf
https://smallcaps.com.au/australia-economic-slowdown-worst-to-come-recession/
https://www.abc.net.au/news/2018-06-07/next-recession-already-in-view-says-economist/9842596
http://theconversation.com/now-is-the-time-to-plan-how-to-fight-the-next-recession-111497