a warning for the leveraged up speculator, page-14

  1. 10,494 Posts.
    stillthefoxhat, it's scary alright.

    As I have been saying to the deniers, banks only give you the wriggle room to borrowers when things are nice and dandy.

    Just as thge deniers always say the government and RBA will always do anything and everything to prop up the market. Another hopeless myth.

    What we have now is a budget in red ink (bo more grants - and more pertinently no more buyers) and the RBA is tipped to hike twice as a X'mas present.

    Even I am starting to break into a cold sweat.


 
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