Lessons from the October 1987 crash, page-8

  1. 8,232 Posts.
    Simply put at the current levels of interest rates in Australia you know there is something seriously wrong with the figures being put out by the government and the way the market is about to make new highs.

    If the economy was doing as well as the government says then the RBA would raise rates, they cant and they wont or they will smash an already weakening property market.

    To the point of interest rates: anchor inflation to the 80s?
    Be careful with analysis...
 
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