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25/04/17
08:52
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Originally posted by Alterego1168
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That post is usually for ultra pros who plays the 7-9 year of boom/bust cycle... technically we are due for a market correction of 10% plus.. some say that it's later this year or mid 2018.
Others say the trigger will be China's ballooning debt, NK war or the syrian conflict spreading to EU.
One macro risk that I have is this market correction which forces government to abandon subsidies.... which will include green subsidies..(after all, it's nice to go green and battery but people gotta eat)
We've already seen what happened when China modified its EV subsidies in Jan this year.. GXY slide from 67c to today's price.
If Australia experiences a housing decline in next two years (due to rising interest rate and APRA meddling) - it's unlikely that they'll be buying tesla cars or powerwall any time soon.
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You should throw your mobile away and go back to the old home phone because its cheaper and there could be a war switch your computer off and go back to pen and paper while your at it.