They can cut the rates to 0.25% and it still wont make any...

  1. 47,992 Posts.
    They can cut the rates to 0.25% and it still wont make any difference.

    People are maxed out in debt. They cannot keep borrowing any more.

    Houses have topped out.

    Now there will be a long grinding decline.

    Get used to it.
 
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