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OMG more rate cuts on the way, page-2

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DavoMagic

16,850 Posts.

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11/06/15

03:04

Post #: 15445981
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Originally posted by castadiva ↑

Mr Stevens is not doing the smart thing here.The ballooning of debt over property will bring to collapse of the banks and all of the economy.Who on earth can pay such vast amounts of money for the homes they purchase at astronomical prices.Why is Stevens not giving loans w/lower rates where it's needed.However,the policy of the gov is not working,the only thing that will work is bring the jobs back downunder from overseas,as simple as that,and don't support the people that hate Aus and have zillions of kids and don't work.

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When do you think we will get negative interest rates and our banks collapse?

Actually better question is which collapse first.

Debt collapse or housing collapse. I know debts can't fall of their on but the institutions holding them, will they go first?
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