Good for u Neil_WA
You can sit there and squabble in the fact that the experts say this..and that...my point is...take a deep breath and actually digest the whole situation...
Sentiment is low...and I mean really low... confidence is low...and yes again, really low..
Oh, we're still going to boom by the lower developed economies: China and India.. but that is really going to fall on its arse the moment the US economy starts to drop. Why? well because each have high stakes of investment in the US economy...when exports start to lessen.. down she goes!!! There's not too much more to explain than that. Work it out!!
It's quite simple really.
Along with the fact that everybody and I mean everybody lives in a credit economy these days. Whose going to be left to hold the baby?
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