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i'm pretty sure GR operates "in the thick of it" every day.

great find - i'm not allowed to give you any more kudos though so i'll just say it instead. re: this bit - Australians are also more closely tied to their homes than any other asset. Any australian can reel off the median price for their suburb. We aspire to own, not rent. it is therefore...

hang on - if the RBA failed to protect financials, and the RBA is a cartel of major banks, then major banks are to blame for their own demise? as in, they were instrumental? if the RBA were runaway with rate rises - then surely it could be argued they were artificailly inflating the value of...

just my opinion.

and i hardly think my view is informed - i call things as i see them.

like i said the understanding of the issue is great. these explanations are fantastic and are opening my eyes wider. predictions on what could / would / should happen are just ludicrous. a lot of people predicted that the bailout would occur as planned. a lot of people thought that subprime...

understanding what is happening is one thing, tryng to predict an outcome is another entirely different thing - hence my point. how anyone can say "oh, this will probably happen now" or "that will happen in a few months" is a joke. go back to earlier threads and have a read of some...

we should stop trying to predict what is gonna happen and just bloody well sit tight and wait. could have saved about 12 threads in here so far. the thing is, our banks will only tell us what they want to, unless they are subpoenaed otherwise. speculating what may or may not happen is a...