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  1. U

    We will defy history if the bubble doesn't burst

    very good article about the current standings http://www.dailyreckoning.com.au/european-bankers-go-to-the-mattresses/2010/06/08/ Are Europe's banks now playing a game of hide-and-don't-lend? According to overnight deposits made by European banks at the European Central Bank, the answer is...
  2. U

    We will defy history if the bubble doesn't burst

    http://www.bloomberg.com.au/apps/news?pid=20601087&sid=a2LX1ujFJQTA&pos=6 June 8 (Bloomberg) -- Nations have reached a “Keynesian endpoint” as exhausted balance sheets leave policy makers with few options to bolster economic growth, according to Anthony Crescenzi, an investor at Pacific...
  3. U

    We will defy history if the bubble doesn't burst

    how old are you im 42 ... .. hey and wish you the best of luck .. when you have just check over my posts .. but don't discount some wise advise ..is a few here worked it out .. we appear bad now as going against the general feel .. i doing dam well
  4. U

    We will defy history if the bubble doesn't burst

    did you follow my posts i have given details of what i done over the years also i can give you a link to the other place i chat if you like .only reason i been here a short time is the fact i came across this doing research . 14 hour day ..i do remember them and longer . in the uk...
  5. U

    We will defy history if the bubble doesn't burst

    for the record i dont think they will be higher by 2020 we may even have a new currency by then .. i posted on many threads here now and said what was going to happen how am i doing so far .. this might sound like blowing my trumpet . you think but before anyone comments please...
  6. U

    We will defy history if the bubble doesn't burst

    i sold when many bought .high demand then ..i know i did the right thing real sales tell me this not a news paper . then i bought gold and silver. on the bread thing price that in silver or gold over same peroid .. is a lesson in it. rentals are everywhere in the perth and commercial...
  7. U

    We will defy history if the bubble doesn't burst

    please tell me when 2 incomes became the morn for a single person .. yes 2 incomes =one less house needed , the fall already happening in perth and now market flooded ..want proof . steve keen wont look silly after all . hey i own land now also and g/f still owns in melb . .its...
  8. U

    We will defy history if the bubble doesn't burst

    is our economy sound ?? look at the private debt and the growing gov debt .. you wait and see them tell us of unexpected shortfalls
  9. U

    We will defy history if the bubble doesn't burst

    houses in subiaco in the 70s 14 k wages about 7 +k affordable look to get the average priced house in the burbs and i not talking cbd is 450+ average wage so they say is 62k . can you borrow the average mortgage of 350K on that wage ? at 7.5% to buy that house?????
  10. U

    We will defy history if the bubble doesn't burst

    i collect old junk so have many old newspapers .. 1960 a 32 sq 3x1 was a years wages for a building estimator to build+ land so in the outer suburbs say subiaco .. (was outer burb then very )to have a block and a house built was around 1.5 times wages ... now do the sums on an outer burb...
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    We will defy history if the bubble doesn't burst

    no shortage in perth market flooded with rentals . so rents here wont be going up any time soon .. page ads of rentals in local rags .. for lease signs on many houses .. flood of ads on notice boards.
  12. U

    We will defy history if the bubble doesn't burst

    Trying to use Japan as a comparison for anything is nigh on ridiculous. They do not function like the rest of the world and have book keeping systems that words can not describe. posted by y33 that's right they save and produce goods we live off credit and don't value add even to our...
  13. U

    We will defy history if the bubble doesn't burst

    all bets are off if what i think will happen ,happens . looks like we are at about may /june 1930
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