global woes- + the rba is even gloomier today

  1. 17,117 Posts.
    not even 3 days out from the rate cut...and now they are starting to see some reality
    its not been rosy out there for a couple of years....well probably 4 in fact...
    but finally the rba now sees the light bulbs....
    its only been rosy in the mining sector...

    so all the froth and bubble we heard for the past 4 years from the useless govnuts....about how immune we were from global strife

    then add all the talk on here about interest rates going to 10%
    just goes to show....wearing rose coloured glasses, and living in fantasy land...is only a temporary state of mind...
    reality will eventually....bring them back to ground level, and the real world

    http://www.theage.com.au/business/global-woes-rba-cuts-growth-outlook-20111104-1myz6.html
 
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