There is no doubt in my mind that the stupid printing of Trillions of dollars have pumped up the markets for the last three years or so , Now they have nowhere to go ,except down as this stupid artificial stimulus is gone ! With the real china growth at 4%% or so, the world has run out of growth and debt now rules!! The commodity collapse is getting worse and spells disaster for Aust, who put nothing in the Rainy Day Bank , instead rewarded investors, middle class welfare , and encouraged corrupt unions and bloated public servants to spend our hard earned cash And how much exposure have our big four banks. CBA. alone has dropped nearly 30% !!!! Watch out imo for used car yards full of near new cars for sale and a tsunami of new housing listings!! 1929 is a possibility again ! We will know more in the next two weeks imo!
