interest rates, page-12

I have no idea what planet you are talking about....

back here in the real world in OZ, almost the whole state of QLD is devastated by floods, it will cost billions just to repair the roads, bridges , infrastructure....

now lets look at all the other devastation.....all the food bowls wiped out, mines flooded, business destroyed....jobs wiped out for now
oh, then the houses destroyed.....
the floods will affect NSW and further down the coast, and inland right thru to SA...

this weather pattern will stay here until at least Autumn...there is more to come...

where on earth in this catastrophic environment...that has caused so much destruction.....do you see interest rates rising in the next 2-3 years......

it will take years to fix just some of the roads.... a lot of people and especially farmers and businesses are destroyed.....they will not survive this carnage

I doubt the govnut will be able to print enough money to even fix a quarter of the destruction....

the truth is....floods have and will cause enormous hardship to hundreds of thousands of people....

are you all sitting behind a desk, somewhere in the big city, with absolutely no idea of what is real out there....

interest rate rises are used to cool a hot economy.....
there is nothing hot about the OZ economy, in fact it is the opposite.....
do you really believe these floods will not impact the whole economy....the banks, insurance comps, mines, etc will take a huge hit, some people will lose their homes, jos, mortgages....some have no insurance...

actually I am appalled at some of the nonsense up for discussion on this site