"Australia's main share index is still in a bear market rally since its 2007 peak (ie. down more than 20% from its high of more than six and a half years ago).
Australia's median house prices (adjusted for inflation) are currently still below the peak of 2007 (some seven years ago!)
Since 2007 we experienced the initial phase of the great debt deflation. Phase two looks ripe for the bursting."
