a remarkable comment, page-14

MX i have just visited Ireland and England where i came from,its like a depression there,no-one thought it would end everyone was making money while the music played,happy days then someone switched off the music!Houses that where 300,000 stg/euro you can pick up for a 1/3, if you have the money banks won't give out a penny.In perth here the kids are buying first homes for $500,000!work out the mortgage,its find when both are working,if mining here fell in a hole(no pun intended) there would be a mad rush for the exits,then banks start screaming about negative equity etc etc,Will it happen, no idea,but please don't discount the possibility than some event may trigger a collapse.By the way MX have a nice day,regards boydie