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  1. W

    Is Australia facing the first recession in 20 years?

    Makes you wonder if the rates did go that way,and anyone living off cash -generating products will be in real problems,when i started the rates were 19% but unemployment was very low,unlike today,even today when having a quick look at the Government Auctions on site i was told on the quite that...
  2. W

    Is Australia facing the first recession in 20 years?

    That's what happens over time the rapid rise bull-run is sometimes too powerfull for all,and people just hang in there,as they say.. "You can't go broke taking a profit"
  3. W

    Is Australia facing the first recession in 20 years?

    Considering that Australia makes up less then 3% of the world economy at some time maybe what's happening OS will come to a town near you.
  4. W

    Is Australia facing the first recession in 20 years?

    Maybe look from a different angle,the FHOG will cease in Queensland next week,and from the data i have infront of me buyer activity did not go gangbusters in South Esat Qld the way REIQ thinktanks thought it would prior too the FHOG being put in the dust-bin,. Everyone talks about...
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    Is Australia facing the first recession in 20 years?

    You can only hope,if it does go the way so many think it will then it only comes back too the higher underlying volatility in price movements..
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    Is Australia facing the first recession in 20 years?

    From what i see they do the local Vietnamese Baker does a craker of a trade and his is $3.25 per loaves and up too $5.00,but the Lady that runs the business tells me she also sells 100 litres of pure organic homogenised milk $5.55 for 2 litres each day always sold out,it tells you a lot about...
  7. W

    Is Australia facing the first recession in 20 years?

    Just about tells the whole story,all you would need now is a few weeks of massive euro based equities 20%falls, follow up by another Wall Street bloodbath and it would be time to buy back into the ASX..
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