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  1. Bill.L

    We will defy history if the bubble doesn't burst

    Hi HiEquity, I didn't doubt this, but recently I am becoming more aware of the timing plus the simple fact that many of the materials needed to make the modern lithium/whatever batteries have limited supply. On the timing, we will not need extra power stations, whatever type for the first...
  2. Bill.L

    We will defy history if the bubble doesn't burst

    Hi all, Michael, I'm afraid I cannot agree with this. I think we are on the cusp of peak oil and the consequences are going to be massive. Even the US military are saying the world will be short by ~10 million bbl/d by 2015. Being inelastic the demand will send the price skyrocketing...
  3. Bill.L

    We will defy history if the bubble doesn't burst

    Hi all, A wonderful example of a point in time. '96 was perhaps the exact low for Melbourne prices after the 90-91 recession we had to have. Even so $115k for Box Hill Sth was cheap, a very undervalued property at the time. Exactly. We had to have 2 incomes when we bought our PPOR in...
  4. Bill.L

    We will defy history if the bubble doesn't burst

    Hi all, IV, Yes. Even last year I was comparing this period with the post '87 crash. You are right, the similarities with that period are uncanny. Right now I would think we are at about late '89 for comparison purposes, just as the stockmarket starts to tank again after the long...
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