Australia could enter into a '21st century roaring twenties' after COVID-19
Based off the economies which recovered best after the Spanish Flu and the federal government's massive stimulus program, Australia "could actually see a roaring twenties reproduced for the 21st century" says the Switzer Report's Peter Switzer.
Mr Switzer suggested Australia "will move into a 21st century roaring twenties after all of this" party due to the scope of the economic response, and the country's relatively low national debt.
He told Sky News host Peta Credlin if Australia is able to continue on the current health trajectory which has seen the coronavirus curve flatten "we may get out of jail a lot quicker than other economies".
"We might be rebounding stronger than other economies".
Image: AP
Based off the economies which recovered best after the Spanish Flu and the federal government’s massive stimulus program, Australia “could actually see a roaring twenties reproduced for the 21st century” says the Switzer Report’s Peter Switzer.
Mr Switzer suggested Australia “will move into a 21st century roaring twenties after all of this” party due to the scope of the economic response, and the country’s relatively low national debt.
He told Sky News host Peta Credlin if Australia is able to continue on the current health trajectory which has seen the coronavirus curve flatten “we may get out of jail a lot quicker than other economies”.
“We might be rebounding stronger than other economies”.
Image: AP
