"The 'new normal' will revert back to the 'old normal'"
No, I don't think so..
This is a fundamental flaw in the bear argument imo, from lippy, fat, massey etc
The don't believe the last 20-30 years are structural changes in financial markets, society, incomes, or even property quality, the Asian century, internet/ information etc.
these things are merely cyclical in their minds,
big mistake!!
- Forums
- Property
- Low interest rates here to stay
"The 'new normal' will revert back to the 'old normal'" No, I...
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