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07/04/15
16:06
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Originally posted by jimk3758
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Iron ore 10 year lows, AGO suspends trading, Job rates down, Confidence down
Why wait!!!...Is the RBA the dumb and dumber team or are they just shorters?...or maybe they think Sydney is the center or the world and they must stop people buying homes there.
Are they are trying to put Australia in massive recession and waiting for blood in the streets to then be the hero with a 200 basis point. I think they are just overpaid fools who aren't really interested that they are forcing the country into a recession.
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The only 2 things they can do to keep this global ponzi economy alive is print money and/or lower rates.
Give it time, they'll drop rates even more in the following 2-3 mths.