The economy is not like a speedboat

Greg Jericho has a look at interest rates and their impact on our economy in Rates, jobs and speedboats: the economy explained. He concludes with the following remark:

Let's hope we can keep our eyes on what matters and remember that while maybe 35 per cent of the population have a mortgage, 62 per cent have a job – there may be a link between the two, but it is hard to pay for the first if you don't have the latter.