Amazing. After being continually told that our banks are Ok, after seeing the profits they have achieved, after being told how they are regulated and after being told what their exposures are to overseas, people still need to be told again and again that our banks are Ok.
So it gets to the point that after being told again and again, ppl start to believe the opposite - why else would politicians repeat the same thing over and over again?
The IMF has said that Aussie banks are Ok and a recession in OZ is unlikely, but no, when our PM says it he is obviously lying or doen't know what he's talking about!
The 7.30 report had that crank yank economist guy on and everybody believes him. WTF is going on? This guy sells books for a living and the apocalypse is his favorite topic - why? Because it sells, because its controversial, because its good TV, because it make him "popular". What he didn't say was that recovery is inevitable and even a few years is not forever.
But hey, lets just let the little,small minded people influence the masses, rrun the world and say whatever they want - no matter how unsubstantiated or implausible because most ppl are too weak, feeble, stupid and also too small minded to think for themselves or care.
