when will the australian economy slow ?, page-3

Dont worry about the chinese, they are about to have a massive credit crunch in their country, and I think its going to come much sooner than I thought. Here is a link posted in the property forum talking about chinese selling house's at 20% discounts as they are depserate to raise cash.

http://www.reuters.com/article/2014/03/19/hongkong-property-chinese-idUSL3N0MG1B220140319

Wont be good for house prices here when they start selling.



Also our exports have been fine, the mines have been exporting plenty for us.. so we have no trade deficit, you can see a list here

http://en.wikipedia.org/wiki/List_of_sovereign_states_by_current_account_balance

May start to be a problem when china crash's and we stop exporting to them.. but I guess we will be buying less too.. time will show i guess.