scathing view of credit suisse on oz housing, page-8

by the way - this 10 year / 15 year excuse is completely wrong.

On the ABC interview - over four years ago, Kerry OBrien asked for his SHORT to MEDIUM view.

1. 0% interest rates by 2010 (2 yr prediction)
2. Recession twice as long as 1990s (Best case)
3. 20% unemployment (worst case)

Keen has wriggled and shifted goalposts since...but his interviews in 2008 never lie.

and he walked because Rory had him over a barrel.