Let’s start with the STI which has not done well at all this year, down more than 15% YTD, making it one of the world’s worst performers for 2015.
Our GDP annual growth rate … I guess the chart says everything …
… and it doesn’t get better … looking back to 2010, the Little Red Dot has practically been in a Technical Recession with double contractions into negative almost every year since (not forgetting a couple of dubious upward revisions) …
… Deflated for a full year and currently sitting at -0.8% – that’s comparable to post Sub-prime.
Our Household Debt is amongst the highest in the world right now …
… and that’s because we’re spending an astronomical amount of money we don’t really have …
… on things that cost a whopping fortune compared to the rest of the world …
… by borrowing heaps of debt we can’t repay within the next two years …
… while Producer Prices have fallen …
… because Exports have fallen …
… along with Export Prices as a result of poor demand … Lower exports = lower profit margins.
Imports have also fallen …
… which have driven Import Prices drastically lower.
And if Real Estate is a true measure of the health of any economy, then this last chart says it all.
Okay … so its 14 charts. I just thought 13 made for a better title.
Happy Hunting!
