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Not saying I disagree with the conclusion ( at least I know I don't know...) but for those who are discerning aren't Fat Prophets a share recommending company ;) . Personally , the more doom and gloom stories I hear the better :cool: See Change

I'd always thought that was a Winston Churchill quote ( though he does have some nice quotes about history ) . Seems not. Found three alterantives. The only thing we learn from history is that we do not learn. -- Earl Warren That men do not learn very much from history...

Maybe they were relying of capital growth and planing on refinancing , and use the redraw to fund the payments . Probably not :rolleyes: , but who knows ... Personally I think we need more bad news stories before the market thinks about bottoming. See Change