tale of property investor, page-19

After reading the below article, it really does seem that we might be on the edge of a RE disaster in Oz. Anyone of several potential negative global events could tip us over the edge.

RE: "Euro collapse/War/credit collapse/China growth slowing/rising unemployment/ depression

The chances are, that most of the listed problems will be worked out, but history teaches us that not all will be worked out.


Debt's pall over the Lucky Country
http://www.businessspectator.com.au/bs.nsf/Article/banks-economy-mining-euro-debt-crisis-markets-pd20120215-RGS5W?opendocument&src=idp&emcontent_asx_financial-markets&utm_source=exact&utm_medium=email&utm_content=14258&utm_campaign=kgb&modapt=commentary