I think many Share investors should blame an Mr Glen Stevens and...

  1. 7,295 Posts.

    I think many Share investors should blame an Mr Glen Stevens and the RBA for their recent losses because the way he has been handling Interest Rates has put great pressure on various Margin Loan Positions.

    Yes we're in troubled Times because of our Greedy Banks and Govermnments thinking about 2020 and not what is happening presently at , R.B.A.,A.B.S., A.P.R.A., A.S.I.C.etc.. Please have a look at all the recent Investment Scheme Failures which could most probably have been avoided with stronger Regulations by the likes of A.P.R.A. and A.S.I.C..
    The Greedy Banks have been just Lending 'Willy Nilly' and the R.B.A. thinks that 'Rubber Stamping' Interest Rate Rises will slow all the Lending to limit Inflation. I wonder which shower the R.B.A. Board came down in'?
    Lending could be slowed by A.P.R.A. and A.S.I.C. having more conditions to be complied with, by our Retail Banks which presently seem to be like 'Pigs to the trough' with their
    various Lending Practices.

    A Fizzed off ,

    moly

 
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