let me just say the SLR was the only stock i planned on holding into GFC 2, it just not worth letting go.
What are you missing johno?
currencies, the race to the bottom, i believe it was you who had the USD dunny roll?
US unemployment at long term high
The size of the derivatives market
the banking system, back on shaky ground
US housing, down 78% since the peak, foreclosures up
Economic stimulus, no longer stimulating
Government debt, US state, and federal, EU, Aus, UK
Chinese property bubble
Australian property bubble, currently the highest it's ever been
Japan - awesome since 1990
The age of the consumer driven economy is going to be shown to be massively incorrect and we'll not learn from it
The assault on the mining industry
All good for gold, but not real flash for sharemarkets. Reckon this time it will hit the housing market, when that happens, sharemarket will take a third leg down.
hopefully this all sets in prior to the election and the steady hand of labour guiding us through the GFC will be shown to be a fraud that created a $150B problem
let me just say the SLR was the only stock i planned on holding...
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