martis,a 10% drop is hardly the stuff of Armageddon.I agree it COULD be on the cards but so what.
This is a far cry from we are 'runed'.
Look I agree with your calls re debt however a sensible lender just wants capital returned,take the interest hit,move on.
Europe seems to be playng that game.
Meanwhile in OZ,new car sales last report up 4%.People in struggle street renting or buying hard consummables,fridges ,furniture,sound systems,ipads,tablets and booze.Footy tab,race horses-we are awash with cash.
As many on this forum will attest I eshew politics but I will say this.
A change of government,when it happens will be the signal for the sideline money to enter.
I would not miss that moment for quids:)
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