No you want to be a taxpayer. What you don't want is to be depending on the government for your daily bread. or super funds for your retirement.
Declining AUD, combined with heavy job losses, declining asset values (and stock dividends, etc), and probably higher taxes to subsidise. In short, less total income as a country, with higher living costs.
The current system doesn't represent true capitalism. It's using the capitalism disguise as a scapegoat to discredit the failings of the system they do have. If the current system operated under proper capitalism, it wouldn't have these issues. It's a very important distinction that generally flies over the heads of the many. No surprises there.
Maybe, Don't know. If AUD did go the QE route, I think I would be getting out. We are not the size of the EURO or USD where people go for safety and liquidity. AUD QE I think would be disastrous.
