#77 Inflation, Interest Rates, and the true state of Employment - Part 2

05/06/2024 17 min
#77 Inflation, Interest Rates, and the true state of Employment - Part 2

Listen "#77 Inflation, Interest Rates, and the true state of Employment - Part 2"

Episode Synopsis

Discover the hidden truths behind employment statistics and future financial forecasts in this eye-opening episode of the Finance Bible Podcast. Ever wondered why some people aren't counted as unemployed even when they're barely working? We unravel the complexities of employment definitions, shedding light on the often-overlooked issue of underemployment. Frustrated by those who misuse taxpayer money? We share our candid thoughts and explore how personal drive and initiative can shape one's financial future. Plus, get our expert predictions on home loan rate fluctuations expected by late 2025 to early 2026, helping you make informed decisions.Our journey doesn't stop there. We address the looming global economic risks and uncertainties that could impact your financial stability. From geopolitical tensions in hotspots like the Middle East, Russia, Taiwan, China, and Ukraine to the potential economic upheaval brought on by the upcoming U.S. election, we cover it all. Curious about how the shift from low to high-interest rates will affect you? We delve into the implications of refinancing COVID loans, wage growth struggles, and the skyrocketing commodity prices driven by ongoing conflicts. Gain a deeper understanding of the international military support landscape and how it's portrayed in the media.Lastly, we bring the focus back home with an in-depth look at the global economic impact on Australia. Learn how China's lockdowns, currency fluctuations, and central bank policies influence consumer confidence and economic growth. We also examine the ripple effects of the Ukraine conflict on energy prices and discuss the cyclical nature of government fiscal policies. As we wrap up, we reaffirm our commitment to keeping you informed and engaged. Stay connected with us, follow, subscribe, and share our podcast to help everyone navigate these challenging economic times. Warm wishes and heartfelt thanks for your unwavering support!For any enquiries or to connect with Oscar, Zeke, or their company, Asset Road, listeners can visit the following links:Finance Bible Podcast InstagramAsset Road InstagramAsDid you like this episode?Support the show🎧 Enjoyed this episode? Follow us on Instagram @zekeguenthrothofficial @oscardonproperty and @assetroad for daily insights, property breakdowns, and behind-the-scenes updates. Explore more at www.assetroad.com.au Top 10 Finance Podcasts in Australia on Feedspots ranking- https://podcast.feedspot.com/australian_personal_finance_podcasts/ Disclaimer: The information provided in this podcast is general in nature and does not constitute personal financial advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information, you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs. Asset Road Pty Ltd recommends you seek independent financial, legal, taxation or other advice as required. All investments carry risk. Past performance is not indicative of future results.

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