I guess the damage will come slow but in a steady rate. On
longer term, with combination of external economic factors, there
might be something like what happened in 97, economic crisis.
When you don't spend much, most people would have then followed or
did the same, as in a major shift in spending, would bring prices
crashing from a height of what they was, or it would climb up from
more than it is really worth if people contimue spending. More or
less reach a saturation point, where there will be economical
breakdown.
Then, everyone will be in danger, even those who got a few hundred
bucks as GST package.
Those who got their GST package and said they enjoyed what the 'big
parents' gave them would be regretting saying that in a few months
time.
My family's GST package we split among all of us, even kids got it
and we go spend them all before 30th June, knowing its totally
useless.
When people call me for survey, I ask them for what, if for
money/legal related matters, or for the 'big parents', I turn them
down immediately. I don't want to be locked up some where being a
political prisoner.
