All4one from what you are suggesting the Chinese, USA and...

All4one from what you are suggesting the Chinese, USA and Australian economies are tanking, would you agree that in that situation pressure would be on interest rates going down?

There was big falls in property pirces in the USA and a lot of foreclosures after the GFC, worst hit where particular areas ie detriot but property has bounced back.

I also point out here in Australia banks have much more stringent lending practices and we have a much better welfare system so the possibility of foreclosures and people being forced to live on the street is much less.

We got through the GFC, the biggest financial collapse in history rather well and a hell of a lot better that other countries. Are you suggesting we will have another GFC or worse?