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  1. #21
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,451

    Default

    Quote Originally Posted by ermat View Post
    In a normal economy Jeffa I would agree with you. My prediction is based on the employment rate, it usually takes unemployment to drop house prices and I believe we are closer to higher unemployment than we have been for some time.
    Yep the numbers quoted in the media are complete BS:

    https://duganotherhole.home.blog/201...ts-are-a-myth/
    Squadly dinky do!

  2. #22
    Join Date
    Sep 2007
    Location
    Auckland
    Posts
    8,451

    Default

    Quote Originally Posted by Jeffa View Post
    Been going on for quite a while mate. 10 years at least.

    Can't go on forever though.
    Squadly dinky do!

  3. #23

    Default

    Have you seen wall street recently. This party could be over.

  4. #24
    Join Date
    Mar 2016
    Posts
    369

    Default

    This parties only just beginning, let me tell you a little story...how about we create another version of the swine flu and name it after a Mexican beer ..then we release it into a highly populated city, maybe somewhere in Asia, then we create mass panic throughout the world and through media (already knowing this virus is any worse than the flu)..the world panics..wall street crashes...the governments around the world order their reserve banks to lower interest rates, governments borrow billions for stimulus to build motorways,cyclelanes, and what ever else will get you re-elected..assets prices increase, I become wealthier..and the cycle starts again.....just a story though..not reality..lol.

  5. #25

    Default

    S&P 500 10% down from high. Fastest drop since 2008. https://www.google.com.au/amp/s/www....1-F450FB4733D6

  6. #26
    Join Date
    Nov 2006
    Location
    Cyberspace
    Posts
    5,880

    Default

    Quote Originally Posted by Jeffa View Post
    Awwwww.

    Ya got me. That is a week old. Was thinking it was just announced.

  7. #27
    Join Date
    Mar 2016
    Posts
    369

    Default

    Quote Originally Posted by Keys View Post
    Awwwww.

    Ya got me. That is a week old. Was thinking it was just announced.
    Perhaps this is more up to date
    https://www.interest.co.nz/news/1038...onavirus-rises

  8. #28
    Join Date
    Mar 2016
    Posts
    369

    Default

    I could tell a few more stories on this forum, unfortunately I really enjoy the comments on here..and I wouldn't want the powers that be shut this website down ....ewwww spooky!

  9. #29
    Join Date
    Feb 2013
    Posts
    386

    Default

    here's the stories you may like

    https://www.interest.co.nz/currencie...5L5fmUxf6rkJ9s

    coming Recession ....
    Everything overvalued

    this cycle is overcooked due overdye by 28 months ..highest ever since record began

  10. #30
    Join Date
    May 2008
    Posts
    3,691

    Default

    Yah!
    The fear is starting to spread.
    The doomers are coming out.


 

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