The economic fallout from the COVID-19 pandemic has one Sydney man worried.
“I think people are underestimating just how severe and protracted the recession will be,” says Derek McCabe, while lying by his pool at home drinking expensive whisky.
“We’re all in this together.”
McCabe quit his highly paid finance career 3 years ago after inheriting millions through a family trust fund.
He his wife own their 5-bedroom Vaucluse home and have four investment properties.
However the 37 year old says he feels trapped.
“It can get boring just sitting here by my pool all day smoking spliffs and drinking beer,” he says. “I’m actually starting to worry about my mental health.”
Derek McCabe is being accused of seeming oblivious to the 3 million Australians who live below the poverty
line, and the thousands more set to join them.
“There’s no doubt, it’s absolutely horrible what’s happening out there,” he says.
“And with borders closed, it’s impacting me too. My wife and I are thinking of getting a villa in Byron for a few weeks, but even that sounds lame.”