By selectively quoting from today's AFR
article on page 68, TheWord cleverly
avoided a quote that destroys
his case that the sky's falling:
"The group (GPT) estimated it new
finance would be 5 to 10 basis points
more expensive than before."
"Yes it's a rise but it is not
material," one analyst said.
TheWord has been getting his
knickers in a twist over a
1/20th to 1/10th of
one percent rise
in interest rates
on borrowings
by property
companies!
Big Effing Deal!
I must write home to mother!
When all else fails...
... try group therapy.
By selectively quoting from today's AFRarticle on page 68,...
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