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Thread: Don't Panic

  1. #1

    Default Don't Panic

    Look West. Here it comes.
    Erewhon is still erehwon, I donít see it changing anytime soon.

    http://exnzpat.blogspot.com/

  2. #2
    Join Date
    Oct 2015
    Location
    Rotorua
    Posts
    489

    Default

    Quote Originally Posted by exnzpat View Post
    Look West. Here it comes.
    Nibiru? .

  3. #3

    Default

    Quote Originally Posted by AlFa View Post
    Nibiru? .
    In scale only. The Australian Housing Market, built on interest-only loans, is beginning to crack. It's going to be shocking to watch. When people prop up their incomes with false/market equity then only bad things can happen.

    In time, what happens in Australia eventually spills over to New Zealand.
    Erewhon is still erehwon, I donít see it changing anytime soon.

    http://exnzpat.blogspot.com/

  4. #4

    Default

    Okay. Panic!

  5. #5

    Default

    So I said Brexit might be the Tipping point. But now, after this thing, Brexit will be far worse, and it's still to come.

    A virus. I never thought of that.

    Wash your hands.
    Stay home if you can.
    Be safe.

  6. #6
    Join Date
    Apr 2018
    Posts
    253

    Default

    I feel Bris will rise to 9% in 2022 but Auck is pretty much the same as Melb/Syd in debt.

    We are 150% personal debt to GDP. Oh fudge, our GDP just stopped. Its ok we only oh money to banks, Jacinda will help. Wait, isnt China a lender and a main source of income. Oh double poop.

    We will be fine. NZ NEVER goes down :-)


 

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