Hi smithy9 I put that up yesterday and happy to see you put it up again. Without reading it again - Europe credit crisis = tick and softening Aussie economy = tick. Big problems. This warning going to large Funds all over the world and sounds exactly like what I have been warning about for 12 months as a building headwind.
Of course CT is absolutely idiotic and now half a back flip and therefore another stuff up into the bargain - more damage without an offset advantage.
Loric and peterd can you believe that Yeldub actually believes his own posts? I wonder if he is serious or just a troll, as it is just so nonsensical. Then again that is Keynesian economics for you. It worked once, even for many years and if not abused by successive governments it may have been a good thing to a point.
The idea of spending money you haven't got and increasingly have no ability to pay back is absurd like the ALP - the masters of this folly in the modern era outpacing almost all across the globe. And the you get numpties cheering it on and geering at those that don't like them wrecking our economy - go figure.
Its OK though we don't have a problem see Yeldubs KPI's they are so important and so we are wrong and talking down Australia for our own benefit because we are actually well off (?).
