"As for one poster saying Aus is ok as we didn't lend/ borrow...

  1. 50ftCat
    2,717 Posts.
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    14/10/08
    03:02
    Post #: 4384977
    "As for one poster saying Aus is ok as we didn't lend/ borrow 'irresponsibly' has been proven incorrect "


    Absolutely correct phone geeks. There was a story about a single mother pensioner on TV last week who had bought 2 "investment" properties (as well a her own) & had a monthly mortgage of around $5000 ..... on the pension !!!
    I don't believe the one word of the bank's & Gov's BS about the strength of our financial sector .... it's being held together with duct tape at the moment
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    lightbulb Created with Sketch.  Great analysis
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