how come the asx market is so stupid, page-23

It's time to stop believing in Santa Clause, the Tooth Fairy and Ever Increasing House Prices.

This is the real world and things are coming back into balance.

This is not Bad. The Madness has ended and normality is returning. As it should have years ago.

Only when this is complete will a base be found upon which growth will begin again. Delaying the adjustments may be vote winners but it wastes valuable money on rubbish.

We are so up ourselves in this country.

If the rest of the World believed our bull... like we mostly do, our stock market would not have fallen and our dollar would be better than parity.

Money gravitates to where it is safe and can multiply. That's why it is flowing out of Australia. You just can't fool the careful investors. They will invest in Australia when they can do so safely and profitably.

How long this takes depends upon how long we keep manipulating false values.