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    Can you service your existing debts if rates rise to 10% or 18%

    oh yes... the new world economics. When did that start by the way? Pre GFC, beginning of GFC, end of GFC, when the iron ore price recently dropped? I remember in 1994 a guy in the UK telling me there was a new world economic order, commodities were on a permanent down trend. Seemed plausible...
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    Can you service your existing debts if rates rise to 10% or 18%

    would be interesting to see it from 1970 and also beyond 2011.
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    Can you service your existing debts if rates rise to 10% or 18%

    re collapsing economy.... in this discussion we are projecting for 10 years in the case of oil, nothing happens, inelastic remember.... As for other goods, we need cars and we manufacture precious little else, so we have become a nation of price takers Not hard to see stagflation raise...
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    Can you service your existing debts if rates rise to 10% or 18%

    or don't work LOL btw over production of goods would be considered 'old world economics' if there is such a thing. The golden era of prosperity during the Howard years are all now well behind us. as China rebalances to internal consumption, rising wages and living standards and as the AUD...
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    Can you service your existing debts if rates rise to 10% or 18%

    new world economics... the dream. Just need some accurate forecasts for the oil price in 10 years time and any set of lotto numbers and we can all retire
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    Can you service your existing debts if rates rise to 10% or 18%

    bought my first house at 17% rates, it all seemed to stack up ok at the time
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    Can you service your existing debts if rates rise to 10% or 18%

    10 years is a huge time frame to trust a stranger on a chat room on such a major call
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