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The thing is, most people want to sit around and wait for opportunities to come to them. Most of us here on SS have gone out and sought these opportunities and then the above people wonder why nothing passes their way. My wife and I took the bull by the horns and invested in resource...

Can hardly wait for the WA resource bashing to begin. Of course it's WA's fault when interest rates go up. It always is. :rolleyes:

Yeah, but nah. We can all follow along at home. Get a map of Australia. Draw a line down the WA border. Everything to the right of that, yeah. Everything to the left, nah. :p

Plus, haven't they huge cash reserves before they need to draw on debt? All that cash the reserve banks of the US and Europe has to end up somewhere?

.....oh, you forgot to add, she lies and goes back on her word.

Meanwhile 20 million people a year are urbanised in China. :eek: :confused:

Being in WA is a world away from the rest of Oz. People really need to come over here to see the difference for themselves. Doom and gloom on side and, 4000km away, boom and baths in Moet.

So it's official then? Let's all cut our wrists and run around waving our arms in the air!!!! :rolleyes:

Even if we technically miss being in a recession it is clear that Australia is running as a two speed economy. West of the Nullabour it is going gang busters with mining companies crying out for labour. East, it's a different story. Companies going to the wall, 1,000s being laid off. So...

Same difference and altogether differently the same.

We're too busy stealing rocks from the Federal government to notice.

Agreed, but at least we have wriggle room. Japan, the US, UK and the Euro will be knackered with the next dip. We can still pump cash into the economy to try and stimulate things with reduced rates. Not sure what these other economies do. They can pump in more cash from their...

We sort of sailed through the GFC, thanks to a war chest the previous Lib government built up. With the amount of room the RBA (3.75% and down) has to move and the range they want to keep inflation in (2 to 3%, currently 1.6%) there is still plenty of wriggle room. Some serious **** would...