
Originally Posted by
priapus1966
Anyone else remember the days of Paul Keating and "the recession we had to have?" Whatever else you think of him he was the patron saint of punters - provided you hung on to your job or had a steady income. So many men and women lost their jobs when a tidal wave of higher interest rates hit. Mortgage payments went through the roof, women especially, had to find an alternative income and there was a huge influx of Caucasians ( a fair number of which were married) into the industry.
Most of them were not much good at part 1 and soon worked out that they had to offer more extras to make a quid. I well remember a 27 year old pretty Italian in Chatswood giving BBBJ, CIM and FS at the standard fee of $90/hr for regulars. She kept up 10 hour shifts 6 days a week for 2 years before she went back to her (now employed) husband and started having sprogs. Good days for punting, they didn't last: but supply and demand being what it is, a recession will bring at least some silver lining.