We have interest rates on the way and anything above 10% will shut down the housing market. Now the Bond market ( twice the world econoomy ) is scared of what is going on in Europe and the USA but have not looked at Australia yet but they will and rates will go above 15% within the next ten years as America suck all savings just to refinance there debt . To get an idea of how much a trillion dollars is if you start at Sydney rail station and put $100 notes upright you would end up at Brisbane rail station now america needs this year along 2 trillion dollars just to balance the books so we are in big trouble . If we do not stop printing money we will end up in A GREAT DEPRESSION WORSE THAN 1929 TO 1932. Regards Dennis
