steve keen was right, page-66

  1. 429 Posts.
    John Risk; i agree a collapse will be devastating for everyone.

    Australia has experienced over 20 years of positive growth.
    Thats an amazing feat by no means, everything comes to an end and this time we are pined to China / Asia.

    So currently where do people put their money?

    - Property in EU/US/UK/JP etc is down, AU/CAN/Brazil seemed to have peeked.
    - ASX and equities are all down, the DOW seemed to be up above what i expect tho.
    - FOREX - join in on the fun with the money printers.
    - CASH - maybe 5% on term deposit.
    - BONDS USA is a negative return, as are others too dodgy.

    All these investment styles all seem to and continue to return negatives,

    Does anyone (or is anyone) really smart enough here to get the actual inflation rates instead of using manipulated data from official and 3rd parties?

    And if you have time some real UN-employment rates too.

    Everything is caked in debt.
    Maybe we will have too many houses, do people seriously horde houses?
 
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