crash what crash, page-109

  1. 11,846 Posts.
    "So the numbers are telling me that there is no crash imminent . Employment numbers are still good relatively speaking "

    Acorn IMNSHO if the RBA wasn't in their gaming rates to prop up the overpriced property bubble the correction would already be well underway.

    The problem is, as Japan, US Euro etc are finding out, rates can only go so low and after they bottom out there's nowhere else to go.

    The RBA and governments are being held hostage by Australia's overpriced property bubble and can't find an 'easy' way out.

    Eventually real economics will prevail and there'll be tears and begging bowls all round.
 
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