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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    I'd bet on Chinese and HK equities. Still so much growth in China, and they are the ones loosening monetary policy now.
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    Kiyosaki's skill is in writing books and making speeches. Good on him. Not much to do with making money from real estate though.
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    Yes yes, it may even happen right before NYE, you know, as you're kind of watching the fireworks.
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    Hmm........... China gross debt is around 22% of GDP, compared to: - Australia: 27% - UK: 90% - USA: 106% http://en.wikipedia.org/wiki/List_of_countries_by_public_debt This is gross debt and disregards the US$4.0 trillion of foreign reserves (read, cash) that they hold. This is around 40% of...
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    Your entire post about China is incoherent. I have no idea what you are talking about. Anyway the best thing to do re Australian property is to stress test. If you can pay 18 months interest without rent or a job and withstand a 200 bps rise, you should be fine.
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    Thanks. Thinking about things like this reminds me of what Buffett says. When the tide goes out, we find out who's been swimming naked. And I must profess, I'm not in that enviable a position myself from a debt perspective. Of course, I could always cash out and go "hey I'm done". But then...
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    It depends how things play out. In the US, nothing has changed. Housing, stocks etc have been re-inflated by excess money supply, but the 20 trillion debt problem has not gone away. So at some point either they print money again,- which results in hyperinflation, devaluing of US$, reduction of...
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    Do you agree with Robert Kiyosaki's prediction? GFC in 2016....

    That means big boom in 2015. I hope he is right.
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