Armstrong Economics Blog/Australia & Oceania Re-Posted May 1, 2022 by Martin Armstrong

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Believe it or not, Australia wants to buy your home. Under the scheme, homebuyers will no longer need to pay Lenders Mortgage Insurance (LMI), which will save the people potentially more than $30,000. The initial proposal is they will buy 40% of your home. Like the income tax was only to be for the rich, the end of the story is in fact Klaus Schwab’s Agenda 2030 – you will own nothing because all debt will be wiped out – DEFAULT.