crash what crash, page-117

The reserve bank is dropping rates because the economy is slowing in general . Do you really think they are only doing it to help property investors ?

Retail numbers are down . People are saving rather than spending as I alluded to in my previous post . Interest rate drops are designed to put a bit more money in people's pockets so that they will spend. Retail employs around 1.2 million Australians hence the importance of spending .

Comparing our interest rates to ones overseas actually tells me how good we're going . Because ours are much higher it gives us plenty of room to move as opposed to the others that ran out of room long ago .

IMNSHO ? In my not so honest opinion ? Really ?