well the ABC just ran a story on the other side of IR cuts
pensioners living off interest payments taking a hit to their income
all of this just so we can blow a bigger bubble in housing than we already have
if this is the best strategy we have to make people feel rich and get them to spend money, then we are just as doomed as any other economy going down this track
what this economy really needs is a recession and higher rates is the way to do it
perpetuating a housing ponzi scheme is ultimately doomed to failure, its not a matter of if, but when
