IN VIEW OF WHATS HAPPENING TO REAL ESTATE PRICES IN THE WESTERN SUBURBS OF SYDNEY,COUPLED WITH MORTGAGEE SALES ,REPoSSESSIONS AND THE VERY REAL PROSPECT OF CONTINUING INTEREST RATE RISES AND REMEMBERING WHAT HAPPENED IN THE US A FEW MONTHS AGO,THERE IS NO WAY WE CAN ESCAPE A MRELTDOWN. THERE IS NO WAY OUR BANKS WILL AVOID A GIANT HIT SOONER OR LATER.
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