>>> investors would rather hold scarce assets such as equities and real estate.
Real Estate is not the investment it once was and homes have yet to recover their initial value since the crash in 2006. I doubt this is something people would be actively investing in like they used to.
"I cannot forecast to you the action of Russia. It is a riddle, wrapped in a mystery, inside an enigma; but perhaps there is a key. That key is Russian national interest."
This has always confounded me why people like to point to Europe as the best example for free social services. When in fact, both political parties here could be looking at Australia for their talking points.
I agree that Australia seems to have a very good balance of capitalism and social welfare programs.
Real Estate is not the investment it once was and homes have yet to recover their initial value since the crash in 2006. I doubt this is something people would be actively investing in like they used to.