it is doomsday stuff xerxes and suggests Russell had too much coffee the night before his post and spent too many hours worrying about the future......
but when you see interest rates of 1% you have to say we are experiencing something in the economy that hasnt been around in my life time
deflation in Germany. US next?
you have to admit that both the US and Aust and probably a lot of other world economies are resting on the property bubble and the party aint going to last for ever
it is easy to see some pain ahead, but will it be as bad as russel says?
