Nice post AFP,
I have a feeling that we are looking at the EW theory leg C, but the questions are what will be the driver and how far will C go?
Some say the Chinese housing bubble may be it, some say it could be the total collapse of the US and their inability to repay their debt, who knows...
Eitherway if China goes, so does Australia's economy
CK
1929 crash great dep vs 2008 gfc myths busted, page-11
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