Kevin Rudd wants to try to stop asset prices from falling.
It can't be done.
During the boom asset prices reached ridiculous levels.
They now have to return to more normal levels.
Politicians can't defy gravity or the business cycle no matter how much money they waste trying.
Kevin Rudd is not King Canute.
It seems we live in a time where the electorate can never experience any pain at all.
Sometimes a little pain is very useful.
It stops things from getting out of control like house prices,wages and inflation.
A little pain every now and again helps prevent the massive pain that is about to be inflicted on us now.
- Forums
- ASX - General
- kevin rudd is a canny fella,he doesn't so much
Kevin Rudd wants to try to stop asset prices from falling.It...
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, CEO
Anthony Noble
CEO
SPONSORED BY The Market Online