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More bad news for Australian economy; Tresurary to re-adjust expectations by 50 BILLION!! only since August!!!
Topic Started: 16 Dec 2013, 06:37 AM (3,934 Views)
Pig Iron
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Bogan scum

Timo
16 Dec 2013, 06:37 AM
Still keen to load up on housing bubble debt?

Still think Australia's economy and house prices are invincible?

Still think the housing market will be the only market in history never to correct?


http://www.skynews.com.au/politics/article.aspx?id=934414
given how frantic the bears are, i think i'll be loading up next year sometime.

i'm sorry i didn't do it sooner, but i've been waiting for a few investments to mature for me.
I am the love child of Tony Abbott and Pauline Hanson
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Foxy
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Zero is coming...

Dr Watson
16 Dec 2013, 12:09 PM
It will be, in the same sense that medicine is good for a sick person.

He would settle for a housing correction, the bigger the magnitude the happier it would make him.
Ok,
But the very expensive lesson i had to learn is those corrections do not come when you want them and almost never where you want them.
Peter
What do you do in the mean time.
:pop:
Pig Iron
16 Dec 2013, 12:47 PM
given how frantic the bears are, i think i'll be loading up next year sometime.

i'm sorry i didn't do it sooner, but i've been waiting for a few investments to mature for me.
You got to cut hay when the sun shines.
And you need
!) A farm.
2) All equipment in working order
3) Customers for your hay.
4) Knowledge.
Peter
Cut that hay baby.
:pop:
Edited by Foxy, 16 Dec 2013, 02:13 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Dr Watson
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foxbat101
16 Dec 2013, 02:10 PM
But the very expensive lesson i had to learn is those corrections do not come when you want them and almost never where you want them.
What do you do in the mean time.
It's a lesson I learned too. A crash is a low-probability event. It would be a different equation if crashes were frequent events, but they aren't.

It might be worth him holding off buying if circumstances were pointing towards a crash — e.g. surging inflation and rapidly rising interest rates — but those conditions aren't present at the moment.

We might get a few more unemployed but it's difficult to see that causing a crash.
The trouble with the world is that the stupid are cocksure and the intelligent are full of doubt — Bertrand Russell
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Perthite
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foxbat101
16 Dec 2013, 02:10 PM
Ok,
But the very expensive lesson i had to learn is those corrections do not come when you want them and almost never where you want them.
Peter
What do you do in the mean time.
:pop:

You got to cut hay when the sun shines.
And you need
!) A farm.
2) All equipment in working order
3) Customers for your hay.
4) Knowledge.
Peter
Cut that hay baby.
:pop:
Bad example.

Most hay is exported. If the dollar is above 75 cents your left with your d..k in your hand.
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Foxy
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Zero is coming...

Perthite
16 Dec 2013, 02:42 PM
Bad example.

Most hay is exported. If the dollar is above 75 cents your left with your d..k in your hand.
hmmmm,
I did not export my hay, i fed it to my sheep. 4,500 sheep eat a lot of hay.
But hey hay does get exported.
And you do cut hay while the sun shines.
Peter
:pop:
Dr Watson
16 Dec 2013, 02:35 PM
It's a lesson I learned too. A crash is a low-probability event. It would be a different equation if crashes were frequent events, but they aren't.

It might be worth him holding off buying if circumstances were pointing towards a crash — e.g. surging inflation and rapidly rising interest rates — but those conditions aren't present at the moment.

We might get a few more unemployed but it's difficult to see that causing a crash.
Slow and steady wins the race.
Peter
:pop:
Edited by Foxy, 16 Dec 2013, 02:54 PM.
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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Blondie girl
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Pig Iron
16 Dec 2013, 12:47 PM
given how frantic the bears are, i think i'll be loading up next year sometime.

i'm sorry i didn't do it sooner, but i've been waiting for a few investments to mature for me.
Better late than never Timmy.
Newjerk? can you try harder than dig up another person's blog. My first promo was with Billabong and my name in English is modified with a T, am Perth born but also lived in Sydney to make my $$
It's Absolutely Fabulous if it includes brilliant locations, & high calibre tenants..what more does one want? Understand the power of the two "P"" or be financially challenged
Even better when there is family who are property mad and one is born in some entitlements.....Understand that beautiful women are the exhibitionists we crave attention, whilst hot blooded men are the voyeurs ... A stunning woman can command and takes pleasure in being noticed. Seems not too many understand what it means to hold and own props and get threatened by those who do.
Banks are considered to be law abiding and & rather boring places yeah not true . A bank balance sheet will show capital is dwarfed by their liabilities this means when a portions of loans is falling its problems for the bank.
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Timo
Default APF Avatar


Pig Iron
16 Dec 2013, 12:47 PM
Timo
16 Dec 2013, 06:37 AM
Still keen to load up on housing bubble debt?

Still think Australia's economy and house prices are invincible?

Still think the housing market will be the only market in history never to correct?


http://www.skynews.com.au/politics/article.aspx?id=934414
given how frantic the bears are, i think i'll be loading up next year sometime.

i'm sorry i didn't do it sooner, but i've been waiting for a few investments to mature for me.
Well for you i guess its a case of stupid is, stupid does.
Edited by Timo, 17 Dec 2013, 02:54 AM.
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
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Foxy
Member Avatar
Zero is coming...

Timo
17 Dec 2013, 02:53 AM
Well for you i guess its a case of stupid is, stupid does.
Timo,
You are going to be right.
It's just WHEN????
And a little more abstract HOW.
:pop:
Peter
http://www.afr.com/content/dam/images/g/n/2/1/u/8/image.imgtype.afrArticleInline.620x0.png/1456285515560.png
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goldbug
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lol,

Famous prognosticators of the early 21st century.

"There will be no more property crashes in our lifetime." Frank Castle.
Shadow was hopelessly wrong about the Gold Bull Market.
What else is he wrong about?
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Frank Castle
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Business As Usual

goldbug
17 Dec 2013, 06:57 AM
lol,

Famous prognosticators of the early 21st century.

"There will be no more property crashes in our lifetime." Frank Castle.
Famous fraudsters and Liars of the 21st century..Look Up

You pricks are obviously getting desperate if you need to start making shit up. :re:
Mind you, you have been doing it for so long now you cant differentiate your lies from the truth.
Edited by Frank Castle, 17 Dec 2013, 07:40 AM.
Ignore posts by The Whole Truth · View Post · End Ignoring
The forum fuckwit goes RRRAAARRRGGHHhhh - But not a fuck was given..................by anyone.
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