Have a think on this. Their business model is all about conning the public for decades and decades. That is creating inflation via manipulation and propaganda to get the asset price increase to cover the loans they lend recklessly or not.
Prices cannot get higher anymore.
Have a look at some of the prices being asked for in some third world country like Brazil. Cannot last, a war could break out at any moment.
Look at Mexico and the drug cartels killing kids and mothers indiscriminately right next to the USA border.
Its gotta crack. People do not have the motivation because the upside is not there. Why get an speculative investment loan for a mortgage??
Its going to go up another 100 percent?? How , negative 10 percent rates????
How are they going to keep any money in the banks?? Ban cash altogether??? Looks like they are going to try!!
The trouble is you cannot even start a business now with the necessary IT overheads and lack of customer disposable income tied up to mortgages. Really need a World War !!! to clear up the debt burden and move a few parasites aside.
Fair dinkum its over. The best thing for OZ is for activity to stop!!! That way a new direction can be forged and people can leave the banking system!!!
