User Profile

[chook]

Yep we are screwed, loving it and looking forward to the great buying in the future..he he...

[chook]

Yes with BNZ now joining ANZ with 5.35% 1 year rate and the 5 year rate now 7%, I am expecting the chaos to begin setting in within the next couple of months.....

[chook]

I agree that we are going to see rising unemployment, this will contribute to the stagflating economy (worldwide) The West Australian mining industry will boom again with rising precious metal prices (mainly gold) and this will be a draw card again for Kiwis who want to do the hard yards.
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[chook]

"I hope I am "positioned properly," with no debt and stable tenancies."

No debt is very good positioning.

[chook]

I posted this in March, and now most people are waking upto the fact that "Whats happening here, my wealth is slowly disappearing?"

Heres the bad news....... There are a lot questioning "Are we headed for a Recession?" The answer is we are already in the early stages...

[chook]

It is my opinion, I dont listen to banks or their economists....

[chook]

"Did you hear that a couple of banks are predicting house price drops of up to 20% now?"

Keep going , not even close yet....