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TheFerret

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  1. No more than a couple more years (couple being 2 max), interest rates through the roof as few will be interested in their bonds, either that or they default - either way they are all screwed (unless they have the golden parachute of course).
  2. Don't know the man but at 85 maybe he finally realizes what the right thing to do is. http://www.bloomberg.com/apps/news?pid=206...&refer=home and that is a financial system that works for you, not one that works for those who run it.
  3. I'm with you 99%, get rid of the FHOG completely and we will be in 100% agreement.
  4. "Thirdly, the investor keeps working" That's one big assumption.
  5. Hands up all those who reckon that these deceitful hucksters are after an extension of the FHOG. http://www.news.com.au/heraldsun/story/0,2...325-661,00.html Fair Dinkum, the planet has become so full of greed infested bullshit artists - most deserve everything coming our way over the next few years.
  6. That's right keep loading up on debt. After all, all the deleveraging that is taking place is because these entities are not in too much debt.
  7. Understand Mags, thanks for your 2 Bobs worth, greatly appreciated. Cheers TF
  8. The good doctor does not spin. http://articles.mercola.com/sites/articles.../Swine-Flu.aspx
  9. About time someone takes the fraudsters on - here comes another can of worms for all. http://www.bloomberg.com/apps/news?pid=206...mp;refer=europe
  10. The quote that you were responding to concerned bubbles full stop. Germany did not experience a property bubble, therefore there is no bubble to burst, so trying to compare Germany property to bubbled property is nonsense. Australia has experienced a bubble (anyone that thinks otherwise needs to pull their head out of the sand.) - therefore it will burst - full stop. The only thing that is holding it up at the moment is Govt intervention (which we all pay for), this intervention in supporting prices is more than likely not sustainable when you have an economic downturn which will last a hell of a lot more longer than the usual CB initiated recession which is bought on through the interest rate increases. If I felt that property was not going to correct, I would go off and buy one today - that is not the case and it does not matter what spin anyone who is already invested in the market, puts on it.
  11. Smart folks these Germans, one of the few in the West that still has a real economy.
  12. Get real mminion, there was no property bubble in Germany.
  13. Another masterpiece by Mr Armstrong.
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