great depression on the cards, page-60

I should add to this.

The media in Australia like to pump up the market.
They sing to the tune of the "financial experts" even though there are signals of a crash. They wait until we are in the middle of a crash before they acutally come out with negitive news.

The U.S. on the other hand have people like Walter Zimmerman who is vocal about his bearish views. I am at a loss why the media like to keep Australians in the dark.

Maybe the media have a conflict of interest. Maybe they are over positive because they want to please the retail sector. Ater all they do rely on advertising.

The same thing happened when the US crashed last time. Austraila or China could never be effected. These were the words echoed in the media. I was criticised for saying we will suffer just as much damage.