damn spot on MD .. there are no winners here ... savers are going to be hit (punished via neg rates or savings taxes) prior to the bubble bursting in a last ditch effort by gov to prop up the current madness.
good move to get your money out of Oz ..
but hey it hasnt happened yet and of course as the bulls suggest it has never happened in the past and not happening right now .. but neither has the RBA interest rate been at 2% (if not this month it will be next month) ... go figure.
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- Australia is in one of the worst housing bubbles we have ever seen
damn spot on MD .. there are no winners here ... savers are...
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