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BHP profits down 86% yoy; TIMBER TIMMY!
Topic Started: 31 Aug 2015, 01:05 AM (2,840 Views)
Shadow
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Evil Mouzealot Specufestor

Ex BP Golly
1 Sep 2015, 08:48 AM
Strange how this thread is a bull free zone.

Maybe Shadows fat controller doesn't have a series of charts to muddy the waters on this?
Or maybe the bulls have no interest in BHP profits?
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Ex BP Golly
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Shadow
1 Sep 2015, 09:12 AM
Or maybe the bulls have no interest in BHP profits?
But dream of how Indian students will send "prices to the moon."
Edited by Ex BP Golly, 1 Sep 2015, 09:39 AM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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The Whole Truth
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The bulls aren't here because the overall health of the Australian economy doesn't factor into their property beliefs. It was never brought up at the hotel seminars where they got their start. All you need to know about property is that it doubles in price every 10 years and rents double every 10 years. Simple!
Thanks for your money ladies and gentlemen, and if you'll move over to the sales counter we'll select the newbuild property that best suits you.
"Panics do not destroy capital; they merely reveal the extent to which it has been previously destroyed by its betrayal into hopelessly unproductive works." John Stuart Mill
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Ex BP Golly
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Down 86% !

Golly
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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stinkbug
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The big property crash must be just around the corner!

Posted Image
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While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Ex BP Golly
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stinkbug
2 Sep 2015, 08:15 PM
Posted Image
HOUSE PRICES DOUBLE EVERY DECADE


Bubble!

Edited by Ex BP Golly, 2 Sep 2015, 08:22 PM.
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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stinkbug
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Ex BP Golly
2 Sep 2015, 08:22 PM


Bubble!
Ha! Well played... :lol
---------------------------------------------------------------

While it's true that those who win never quit, and those who quit never win, those who never win and never quit are idiots.

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Ex BP Golly
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stinkbug
2 Sep 2015, 08:23 PM
Ha! Well played... :lol
;)

Lol
WHAT WOULD EDDIE DO? MAAAATE!
Share a cot with Milton?
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