moolamaniac,
The answer is credit deflation.
Most people know Robert Prechter only for his elliot wave forecasts but he's actually put a lot of work into explaining the fundamental reasons why... might be a good place to start.
moolamaniac,The answer is credit deflation.Most people know...
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Last
8,075.7 |
Change
87.800(1.10%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,987.9 | 8,079.0 | 7,979.5 |
| XJO (ASX) Chart |