Australia Is In Crisis: The Economic Decline Of 2025

[@mudoclips]

definitely going down, we're like frogs in a pot with boling water

[@gold3084]

When WW3 breaks out; Australia is screwed. We import most most of our needs. When you see made in Australia food it is never 100% made in Australia. We are not self sufficient in petrol. We only have two refineries left and they are only operating due to subsidies from the government. In case of war; how many migrants would side with Australia !

[@BoolgeedaDream]

I'm not fighting for a country that attempts to force an experiment medical procedure..anyway im unvax so I guess I can't serve

[@MASC440]

Nothing here is going to get better for at least a decade - probably 2. Our political class sold us out years ago.

[@CarlTravels]

Time to get out!!

[@walmartgolem]

Australia is actually in a DEPRESSION. Per capita it has experienced seven consecutive negative quarters of GDP growth, the first time since during the Great Depression. But it's only going to get worse because there's been no policy or statutory reform, no major bankruptcies (they are coming), and debt defaults (they are coming).

[@CarlTravels]

I think your right, im just glad I have no loans or debt, but I do wonder if I should change my Australian dollars into anther currency before it falls more off a cliff, but at the same time with whats going on in Europe and USA ... neither of those seem a good option, but they are still much stronger than the AU. I don't want to put it in crypto thats to risky.

[@walmartgolem]

@@CarlTravels The value of Australian dollars are diminishing by the day. Better to consider bullion, USD, BTC, shares and potentially foreign real estate if you have the capital. Everything has risks but the AUD is toast!

[@CarlTravels]

@@walmartgolem Just changed a bunch into Swiss francs

[@seandefreitas2699]

@@CarlTravels Gold and silver= Real money.

[@CarlTravels]

@@seandefreitas2699 I actually went to Ballarat last week and did some gold panning in the creeks , was an interesting experiment

[@suntzuwarsword1964]

Yep..boom to bust..born and bred Aussie in my 60s and i can tell you its gone to absolute 💩💩💩

[@JakeyDill]

Us young twats have it the hardest because our money is worthless, so no matter how hard we work, the goal posts are pretty far infront of us and requires a monumental effort to get there.

[@CarlTravels]

Yep, we have to work 4 times as hard now ,twice as long, for a quarter of what we use to get.

[@Allan-d8x]

Australian housing ignores the basic requirements of shelter and functional value IE somewhere to live and prosper and has become an investment Ponzi scheme for some not all

[@DavidHarrisonDGH]

You see all the scummy people on the KZbin ads flogging off how to be a better real estate investor, which will destroy many more proletariat class peoples lives.

[@CarlTravels]

Yep, I cant even buy a piece of land and build my own home or put a caravan on it... too much red tape, not allowed.

[@DavidHarrisonDGH]

@@CarlTravels I know.

[@sharongoodsell9341]

​@@CarlTravelsFind a cash buyer. No-ones buissness

[@VisionofTomo]

Is "Cost of living crisis" just the new term for A Depression?

[@mangoszki4531]

Ye. I like the cyberpunk 'roo profile pic 😎

[@kimeccleston5586]

Good call

[@jimbothegymbro7086]

cost of living crisis for the great recession, and cost of living catastrophe when it finally hits a depression

[@kimeccleston5586]

@@jimbothegymbro7086 cost of survival

[@CarlTravels]

Sad but true

[@seandefreitas2699]

I agree we are in a recession, but I don't really read too much into the strength of our dollar compared to the USD, America is 225 trillion in debt (including unfunded liability's) so it's more like the USD is the best of a bad bunch rather than a true gauge of strength. The other thing I would disagree with is the renewables, Solar and wind are not renewable they have limited life spans of around 20 years and are not recyclable & require large amounts of rare earth minerals to produce along with "fossil fuels" , Personally I believe if we can't burn coal then cold fusion energy is the way forward. The biggest concern with this country for me is that it is a technocratic nanny state , I personally don't believe voting makes any real difference and don't see Australia ever returning to anything that resembles the country I grew up in. Saying that there is one thing that could change our fate but I see zero chance of it happening but that is for Australia to become a republic, and the people have a say in a bill of rights protecting basic freedoms, As I said it wont happen but it's nice to dream. If my circumstances were different, I would be moving to either Arkansas, Texas, Argentina or Paraguay all have different positives and negatives, but they all enjoy basic freedoms that no longer exist here, and the cost of living is cheaper to much cheaper.

[@CarlTravels]

@@seandefreitas2699 you are right America is trillions of dollars in debt but when we consider there population being 350 million and ours 27 million, per capita we are not far behind

[@seandefreitas2699]

@@CarlTravels agreed and they still have quite a lot of industry remaining despite how much they have lost, The thing with fiat currency is that eventually it comes to an end and I believe we are approaching that end, The big problem with that is the ruling elite will replace it with a digital currency that will eventually be linked to a social credit score and obviously that means total control of our lives. I recommend reading "The creature from jekell island" by G Edward Grifffin , Good knowledge to have wherever in the world you end up.

[@amaknusa9212]

Dollar devalues, foreign debt increases automatically, also, bill of rights sounds nice, just have a look at how nice when examining the US social issues.Places you mention are great for sure, though Asia I feel is the way to go. My 5 cents worth.

[@seandefreitas2699]

@@amaknusa9212 Every country has social issues , the bill of rights is the greatest document every written in my opinion, but it was written for" just men "and unfortunately not all men/women are just. The world is vast and there are many great countries Asia certainly has it's upsides, I wish you all well and you find happiness wherever you end up.

[@BoolgeedaDream]

Great video btw carl. Keep it up

[@Allan-d8x]

Australia has been divided unfairly into those with housing and those without negative gearing high immigration and bad housing policies have blessed home owners and destroyed renters or those needing to become homeowners this has been bad government policy deliberate policy dividing the country into haves and have-nots...much needs to be done to fix this

[@fieldsofgold775]

A good conversation. You’re looking & sounding sharp too Mr C. I’m so envious. You’re escaping the high taxes, & the back water of hum drum of Australia.

[@Cubby9999]

I am going have to start to rear chickens in my backyard. A carton of egg is through the roof. All the taxes we pay and these inept policies can't even keep our chicken egg supply going.

[@sharongoodsell9341]

I see two story trucks pass my country house, with so many chickens cramed together they look Like there dead already.

[@nannajaysadventures]

Its not perfect here in NZ...but I watch as I see my family be broken up and left living in tents, and isolated, along with so many others. Breaks my heart. Not worth living there now.

[@nannajaysadventures]

I live in Dunedin New Zealand, I used to live in Brisbane. I also got caught in a housing crisis in 2007....but what is happening there now is another level wrong. I think this government in Australia needs to give land to people, there is plenty of it, even just put caravans on that land with access to basics like water and electricity. That is a start! Enough of the greed, and start caring that families are being tormented in Australia due to the cost of living crisis.

[@CarlTravels]

Dunedin is a beautiful little town, I visited there back in 2008, Im actually heading to NZ in 2 weeks time to say goodbye and hello to one side of my family before I head off on my big adventure overseas , I never know when ill see them again, they all use to live in Christchurch but moved to North Island after the Earthquake, all there homes were destroyed.

[@nannajaysadventures]

@@CarlTravels so horrible what the people of ChCh endured...so many headed north when I lived there at that time too. Hope they recovered well once up north, would have been a traumatic experience.

[@cairnex4473]

The real economy has been in recession (depression more realistically) for 5 years now.

[@rhysfridays3871]

western civ has stagnated since the 70s in terms of productivity per capita. right around the time left wingers started pushing their policies and usa came off the gold standard

[@CarlTravels]

Sadly I think your right, I cant see this getting any better.

[@Greggs.Channel]

Lookin good bro. Great video 😮

[@tweetybird2013]

I've travelled the world, and when I returned from Europe, I realised how behind other countries we are. This country is only 240 years in the making.

[@Her.Serene.Feline.Cuteness.]

240.

[@amaknusa9212]

Travel to South east Asia, and you will see how backward Australia is. In Vietnam that was completely wore torn from the end of the second world war until 1975, and yet today, they have there own home grown motorcycle manufacturing, home grown car manufacturing (not a subsidiary like Holden) there own home grown manufacturing smart phones, biggest exporter of coffee in the world, and it goes on and on, Asia is accelerating for the better, whilst we are accelerating in the opposite direction. Indonesia just joined BRICS it's economic status is about to elevate. Australia suffers from A.I. Arrogant ignorance, and as the economy worsens they only double down with those traits, it's a spiral to the bottom, has always been, except now there is massive competition, and with the passing of the last 50 years the global south has woken up, with that, those traits no longer wash!!! For the sake of Australia and it's people I hope that the digging's are not disturbed in price or sales, that's all you got to pay your bills.

[@christopherpekel6096]

​@@amaknusa9212agree with everything but BRICS means zilch

[@tweetybird2013]

@@amaknusa9212 Wow, I'm hearing you, this country is sadly lacking in a lot of areas. its all propaganda, "the lucky country", was based on natural beauty..... this country severely lacks innovation, and ambition.

[@CHRIS-g6v1j]

Haha this is a bad joke

[@HomeAlone1994]

I think we have been in a recession for the last 2 years, maybe longer.. Im certainly voting differently this year.. Not much else we can do sadly.

[@alexmarshall8894]

7 straight quarters of recession on a GDP per capita basis. Everyone says China is a paper tiger, we’re the paper kangaroo lol

[@CarlTravels]

lol!! the world does not revolve around Australia... thats the funnies thing ive heard all day.

[@CarlTravels]

@@Ozi_Land real mature bradley

[@BorrisRokovich]

😶 Sad but true.

[@thetrvlrofficial]

good video!

[@BoolgeedaDream]

So whats housing going to do. Perth in particular? I own my apartment (1br) but i need a house to start a family.. Whats everyones thoughts?

[@NunyaBusinss-pl2mp]

The very first thing we can do is hold our politicans accountable for not just criminal behaviour but also things they do and policies they make that is not against the law but it do have negitive affects on our great country,politicans or public servent that make preferable decisions for say big buisness where they are given something in return like a well paying job in that buisness just to name one,should be investigated and full force of the law applied including jail.

[@greenmarin3]

Think you commented on one of my posts in another small KZbinrs thread on cost of living. He made his video private though for some reason. You’re bang on mate, on everything. Most people know it. I was out of Australia for 10 years. Moved back after Covid with my two kids to be closer to family and wanting them to have the life I had growing up. How shocked I am now. Looking to get out again.

[@CarlTravels]

Its certainly a shock when you live somewhere else for so long, then come back and it just hits you in the face like a ton of bricks!

[@davecollins1753]

It’s all good . The labor hero Albo just bought a 5 million dollar house !

[@CarlTravels]

He won't be around much longer. Also his lifes legacy is a disgrace and he will have to live with that the rest of his life.

[@musicrecordsaus]

Too right.

[@MarcosSantos-dj6lk]

I love your rocking roll style. I'm still wanting to study and living in Australia even having this problem, US, UK, and many others in Europe are in even bad situation. I'm from Brazil, but only for foreigners bringing dollars are living better, here the local population are not in good conditions at the moment, only upper middle class and the rich.

[@CarlTravels]

Soon there will be no middle class in Australia, just Rich and poor.

[@MarcosSantos-dj6lk]

@@CarlTravels sadly but I think this is a trend in first world countries

[@ReubenHester]

FINALLY ! Someone with some common sense 🎉 Liked & Subscribed 🙌

[@CarlTravels]

Thanks!!! all the best. Happy Holidays.

[@JeffDayz]

But there are still loads of foreigners moving over there :)

[@brissiAU]

Just came back from the UK, we can get A LOT WORSE YET !

[@CarlTravels]

:( And i think it will get a lot worse.

[@BoolgeedaDream]

Canada and UK are just a few years ahead of us

[@sharongoodsell9341]

Immigration has put pressure on everything. Its not pretty anymore to me ,My family has been here since the start

[@infoinfo4062]

Nothing good about this country except the beaches (the not busy ones)

[@CarlTravels]

Spot on

[@unclenick1968]

Aust can be the lucky country; but you got to make your own luck. You've done the SWOT analysis, figured out your strengths and weakneses. If you stay, you can be ready to pounce on the opportunities. Or you can go away to flee from the economic threats. You're already lucky if you have a choice.

[@CarlTravels]

My strengths are I have many talents and I can work from almost anywhere, I have skills that are now high in demand, graphic design, web design, coding, video editing, filming, audio engineering, color grading, business, and ocd & adhd, where I hyper focus on a task until I complete it. I can go out and film a wedding and have it back to the client in one day, because I finish that wedding or music video, or commercial shoot, go straight home, and will edit until 6am until its done. but thats how I work.

[@simonfurman8007]

Absolute truth

[@Zilron38]

Australia needs a good recession. Recessions are needed for a stable long term economy. It is a natural cycle of supply and demand. To avoid recessions, governments print money, causing huge inflation. Recesion hurts some people, but inflation hurts all people. The government and the people have made the wrong choice to avoid recessions.

[@CarlTravels]

That’s an interesting perspective, and I see where you're coming from! Recessions are definitely part of the natural economic cycle, and trying to avoid them at all costs often comes with unintended consequences like inflation, as you mentioned. The key, though, is ensuring the impacts of these cycles are managed in a way that doesn't disproportionately harm the most vulnerable

[@kenlaufoy7412]

Hi, I'm watching Australian Open tennis. The stands are full .. not cheap tickets .. so ..recession ¿¿¿ 😂😅.

[@CarlTravels]

I wonder how many debt people put themselves in for those tickets, and probably 90% of the people there are wealthy, not your average person can just take off a Thursday and go watch sports.

[@mrchuckington6260]

Go anywhere outside of Melbourne and it’s crickets the place is dead

[@mattellis4270]

Time to get rid of the upside down cross man. The world doesn’t need anymore darkness.

[@CarlTravels]

google the cross of st peter, it means humility, just a misinterpretation that its a dark symbol... the church of st peter is on the island in Korcula where my grandad came from. just a sign of respect.. no darkness here,

[@The007monty]

Far behind in renewables? Thats not what Malinauskas keeps touting.

[@nickfindsgold9788]

So your saying that being China's expensive model girlfriend while being married to America is not good for us 🫢 I am in my 50's, thank god I have a roof over my head and live in a town small enough to ride a pushbike around when I cant afford to run my car anymore

[@Trying391]

What’s with the cross upside down

[@danb5944]

Satan lol probably a black metal fan back in the day

[@CarlTravels]

St Peter’s cross, google it , it’s a sign of humility , St Peter’s church is on the island where my grandfather is from in korcula . The Satan devil thing is a big misconception

[@Attiues]

Yet you won't question the symbology behind the Victorian Police Badge & the Corporate Fiction that is AUSTRALIA (All letters caps) 🎪🤡

[@Trying391]

@@CarlTravels well the symbol is used for anti Christian too 😉

[@idrinktapwater6174]

bro doesn't know that nukes aren't real 💀

[@CarlTravels]

Nukes arn't real?? ... Oppenheimer?? Nagasaki..Hiroshima... We use to test nuclear bombs in the middle of Australia.. www.nma.gov.au/defining-moments/resources/maralinga

[@Zilron38]

I don't get it. What's your point?

[@hamishfullerton7309]

Have you been to indonesia, most wages are $600aud a month a dr earns $2500 a month, a maid earn $300aud a month, you can pay up to $5 for a toll road ,they have a billionaire that is worth more than Gina Reinhardt, you sometimes need to pay rent upto a year in advance, some of there roads are worse outback ones in outer Jakarta, you can go on ,yeah they have benefits especially if you earn US dollars on line,but i can sure you most young people get stuck in a poverty trap and would jump ship to Australia for better pay in a heart beat look at New Zealanders. Yeah Australia is absolutely pathetic considering the wealth per population we had ,to have people homeless and people grinding and heading down hill from corporate greed , inflation and de industrialisation is really disappointing, but other parts of west have similar issues. Unless you earn on line,have investments, are professional in demand, the options overseas are pretty limited especially after covide from a financial point of you. Can cheap rent, cheap food,less nanny state and culture ,offset the lack of income opportunities 🤔

[@CarlTravels]

I earn USD online, and my work is now in demand, and i have 3 passports, and no I don't want to live in Indonesia. Im going to give Vietnam a go for a while, My money will go much further while I continue building my online business's. And then maybe in a year or two head to Eastern Europe and live in Budva or somewhere near by its a hidden gem, check it out. Right next to croatia, but not part of EU, so super cheap but great standard of living.

[@hamishfullerton7309]

@CarlTravels Oh ok that makes total sense then, yeah have you checked out Georgia also good Eastern European place ,never been to Vietnam but don't get me wrong I like Asia or even indonesia, but sometimes the reasons these places are good with external sources of incom is it comes at the expense of the people's bad wages and corruption and its bit like the rich Chinese gaming our property market comes at the expense of Australian's, not being moralistic ,just good to be aware of this,so both us and other parts of the world are motivated to stand up against corporate power and corruption

[@jefflim7020]

Wages here are high and they have good work life balance? Able to save for retirement!

[@mrchuckington6260]

At 48 I think I’m stuck here now

[@CarlTravels]

Do what you think is best for you mate! I think deep down we all know what we are searching for, its wether we act on those feelings. Sometimes it can be hard.

[@Cubby9999]

Mate the reason we are in the shits is thanks to our obsession with renewable energy. This is the truth! We are a developed country with no nuclear ahahaha!

[@CarlTravels]

Nuclear would be better, or some Fusion energy.. I hear we are getting close to making it work.

[@gold3084]

Here in Victoria we have hundreds or even thousands of years of coal !

[@TerryJonesPrinterRepairs]

If you have travelled to other countries and see how other people actually live you realise pretty quickly how good Australia really is and if you think it's crap I suggest you leave and get a reality check. Free high quality health is the deal sealer and the fact all our roads were created after the invention of the car and not for the horse and carriage. Drive around the UK for a month and you quickly realise how good we have it

[@CarlTravels]

I lived in Europe for 10 years.... Ive travelled... and I came back, and saw how terrible australia was... so kinda the opposite..

[@amaknusa9212]

Not just free quality health care, but the best, no wait times, subsidized medicine practically at give away prices, no wait times to see a doctor, and road quality the envy of the world, you only need to drive around Sydney for a month to be convinced.

[@gold3084]

Most of our roads were built before the car and thus explains a lot of the tendency to be curvy and indirect. Most early cars were very under powered and slow. To prove this point look how many highways were realigned. Here in Victoria look at the route of the old Hume Highway compared to the Hume freeway esp going through the Great dividing Range.

[@adriansumner1412]

That jacket is definitely from ASOS 🤔....Looks like mine actually haha

[@CarlTravels]

I bought it from Zara in Germany actually! never heard of Asos until I googled it now.

[@adriansumner1412]

@CarlTravels Mine must be the knock off version, damn haha

[@qv600]

she`ll be right mate crack a coldie the footy is on

[@rhysfridays3871]

reetaaaaarrr

[@amaknusa9212]

This is the lucky country, she'll be right mate, put another shrimp on the barbie, crack a six pack and take it easy!

[@CarlTravels]

I'm not sure if your joking or not.

[@christopherpekel6096]

​@@CarlTravelsof course it's sarcasm lol😅

[@mudvayne490]

Ahhh, what even. If Australia were like n- Germany, then Australia would not be in the state it is currently in.. Know the difference between national socialism and communism 🤣

[@CarlTravels]

in a bad state?

[@sergiozammel8261]

Great to hear from a you tuber since our numb nuts are too busy to call one.

[@CarlTravels]

to call one? Not sure I understand.

[@emmett3067]

I'd be unhappy if I had a neck beard too.

[@CarlTravels]

Thanks for the views, engagement :P 😛you bring more views and people to my video. Love it. JLU

[@Her.Serene.Feline.Cuteness.]

Where did my comment about 🐨🐨🐨🐨 go?

[@CarlTravels]

Not sure, I didn't delete it, and i checked the held comments too. odd.

[@darksaracen5254]

Dude you have an upside down cross...not a good sign.

[@CarlTravels]

Why? Google cross of St Peter .. it means humility

[@NeilA24-u6w]

You pivoted from Australia in recession to how many would perish if a nuke hit Sydney, at which point you lost me... this is just doom talk and catastrophizing.

[@CarlTravels]

Im trying to raise many issues people poked holes at in my last video, Australia is so safe ect. "we would never be attacked ect.. we are to far away for anything bad to happen to us etc" . so in this video I raised all points that people were picking at in my previous video.

[@NeilA24-u6w]

@@CarlTravels Ok, I see, this videos' for just those people, not others living and enjoying Australia. So not for me. Thanks for clarifying.

[@thetrvlrofficial]

Marmite, dude. Marmite.

[@CarlTravels]

Vegemite, Marmite is for the british.

[@Watchzackgetfit]

😮

[@danfloros4267]

dont stress Carl...30,000,000,000,000,000,000 galaxies in the universe each with a trillion stars each..dont stress buddy....the wisdom you lack will arrive through your incoming years,,go to thailaand..poverty..very happy people..not the anglo culture

[@CarlTravels]

I don't need a lot to be happy, I just want to be able to live my life the way I want to live, I use to live on a houseboat on the rivers in Germany, I paid 60 euro a month for my mooring , I could of paid nothing if i just anchored it, but i preferred to walk straight onto my boat. I built that boat with my own two hands, sadly when I was stuck in Australia homeless people broke into my boat, destroyed it, and then the police yellow stickered it, gave me 2 weeks to move it (which I couldn't do because i was stuck in Australia) and they destroyed it. I had a compost toilet and solar roof, and an electric engine, everyday I would wake up to swans at my window. it was beautiful.

[@MarcosSantos-dj6lk]

@@CarlTravels my gosh sorry for you. At least you're good now

[@CarlTravels]

@@MarcosSantos-dj6lk it’s okay, it’s just stuff , maybe one day I build another , I will make a video about my experience though , I have lots of photos and videos of the boat , I plan to tell this story in a future episode

[@MarcosSantos-dj6lk]

@@CarlTravels I want to see for sure

[@RedWazzies]

Bro’s v upset

[@CarlTravels]

Jesus loves you mate.

[@tecomaman]

why do you look the way you are ??

[@CarlTravels]

Why do you look the way you are?

[@tecomaman]

@@CarlTravels I expected such a stupid question ,I was burn this way and try to look the best I can ,I don't need tattoos to feel good about myself

[@tecomaman]

I am special without tattoos

[@CarlTravels]

@@tecomaman you were burn this way? who burned you? a house fire? What does tattoos have to do with the Economic decline of Australia? Thanks for the extra engagement, views and comments those! every comment pushes my video to a wider audience and earns me more money! Jesus loves you!

[@sharongoodsell9341]

Loose the earrings

[@CarlTravels]

Why?

[@sharongoodsell9341]

@CarlTravels your a man .

[@CarlTravels]

Is David Beckham or Labron james not men? Johnny Depp? They all wear earings...David beckham's got a cross tattoo aswell... on the back of his neck.

[@sharongoodsell9341]

@@CarlTravels is that it , I can't stop laughing.

[@CarlTravels]

@@sharongoodsell9341 why because you are commenting on someone’s appearance on a video about Australia in recession? You obviously have nothing better to do with your life. But … every time you comment it brings more engagement, views and income to my videos , so thanks , keep on doing it . Jesus save your soul

[@amaknusa9212]

You ain't seen nothing yet.

[@CarlTravels]

I know... and its scary... time to get out while I still can.

[@hmhmhmpandaaa8575]

1ST WORLD PROBLEMS :)

[@CarlTravels]

yes, id rather move to the third world :P

[@moonmc1047]

​​​@@CarlTravelsYeah you move to 3rd world and what you re gonna do for living? Im from Thailand and our minimum wage is A$15 a day. Compare to the life in OZ clearly you dont know what is hell like in 3rd world country for working class.

[@moonmc1047]

​​​@@CarlTravelsmaybe you can talk about swiss or Norway, Denmark that better than Aus. But Not the UK or US and def not 3rd world countriies and im from 3rd world country. You dont know anything mate

[@windwaker0rules]

Uses IPA as a source, you are instantly wrong about everything.

[@CarlTravels]

Thanks for the comments and engagement.

[@Anthony-rz6uw]

whats with the upside down cross??

[@CarlTravels]

@@Anthony-rz6uw google St Peter’s cross, it means humility . It’s not satanic . Big misconception

[@sergiozammel8261]

If he looks down cross eyed ,it is the right side up..

[@krisalive728]

… inverted cross throat tattoo???

[@Globetraveladventures]

Its the Cross of St Peter, it means Humility. St Peter didn't want to be crucified in the same way jesus did, so he asked to be hung upside down as he didn't feel worthy. The church of St Peter is in Korcula (Croatia) ,where Carl's family is from.

[@CarlTravels]

Thanks other Carl, you are correct, No I am not. Satanist, people just get the meaning wrong.

[@Anthony-rz6uw]

both parties are crap but cmon look at the facts Australia has never done well with a labour government