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A Storm is Brewing for the Australian Economy and Housing Bubble; Ignore the thunder, get washed away in the rain. Troubling combination of factors that cannot be ignored.
Topic Started: 23 Jan 2013, 05:47 AM (23,229 Views)
Simon_S
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Trollie
6 Nov 2016, 08:21 PM
This is a classic.

One of the bear blogs picks up on the title of the RBA's article, didn't read title but got excited and posted it. You being the scholar you are read the blog headline, obviously didn't read what the RBA posted either, and it made it's way here.

Seriously this is why the bears have had egg on their faces for a decade. You repeat crap about debt levels and record house prices without having a clue what it all means.


Good story Bro..........Provide evidence to support your claim otherwise we can only conclude you made it up to cover your dumb ass after painting yourself into a corner.

So what Blog is it?

Quote:
 
You repeat crap about debt levels and record house prices without having a clue what it all means


Oh so You're now saying that DEBT does not matter?

Private Debt was 45% of GDP in the 1930's Depression
Private Debt was 75% of GDP in the 1890's Depression and Banking Collapse

But some how now when its 125% + the Outcome will be different because why exactly...........

Oh that's right I don't have a clue........but some how you do but can't provide any evidence to support your theory ?

Hows that Global recovery coming along Trollie..........Do we need a Global Economy to pay of all that DEBT i wonder.....

HSBC: RED ALERT -- Get ready for a 'severe fall' in the US stock market
Deutsche Bank Singled Out in I.M.F. Stability Warning
Bank of America's recession warning: This market is scary
BIS China's banking system is flashing a red warning signal

Good to see your waiting for the BOOM TO BEGIN.................................

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Trollie
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Simon_S
7 Nov 2016, 11:17 AM
Good story Bro..........Provide evidence to support your claim otherwise we can only conclude you made it up to cover your dumb ass after painting yourself into a corner.

So what Blog is it?




Oh so You're now saying that DEBT does not matter?

Private Debt was 45% of GDP in the 1930's Depression
Private Debt was 75% of GDP in the 1890's Depression and Banking Collapse

But some how now when its 125% + the Outcome will be different because why exactly...........

Oh that's right I don't have a clue........but some how you do but can't provide any evidence to support your theory ?

Hows that Global recovery coming along Trollie..........Do we need a Global Economy to pay of all that DEBT i wonder.....

HSBC: RED ALERT -- Get ready for a 'severe fall' in the US stock market
Deutsche Bank Singled Out in I.M.F. Stability Warning
Bank of America's recession warning: This market is scary
BIS China's banking system is flashing a red warning signal

Good to see your waiting for the BOOM TO BEGIN.................................
Focusing purely on debt is the main stay of the bear blogs. You've proved all the proof anyone needs.

Notice how you've been wrong all this time :re:

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Simon_S
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Trollie
7 Nov 2016, 11:19 AM
Focusing purely on debt is the main stay of the bear blogs. You've proved all the proof anyone needs.

Notice how you've been wrong all this time :r
Oh so you Disagree with the RBA's Findings in the 2 Depressions and 1 Banking Collapse...

Oh so debt doesn't matter then..................

Yes Trollie so wrong we had to have what Lord Rothchilds called the Greatest Monetary Experiment in the History of Economics.

Why are Interest Rates at Historical Record Lows again.......

Whens that Boom arriving again..............

Must be fun living in the past 10 years...........Can you say with certainty that the next 10 will be the same?

AHAHAHAHHAHAHAHAHHA



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Trollie
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Simon_S
7 Nov 2016, 11:36 AM
Oh so you Disagree with the RBA's Findings in the 2 Depressions and 1 Banking Collapse.


No I disagree with with your reading the headline and not the article, then misquoting it to death.




Simon_S
7 Nov 2016, 11:36 AM
<br />Whens that Boom arriving again..............
Whens the crash arriving again?
Edited by Trollie, 7 Nov 2016, 02:30 PM.
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Simon_S
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Trollie
7 Nov 2016, 02:29 PM
No I disagree with with your reading the headline and not the article, then misquoting it to death.





Whens the crash arriving again?
Oh so your saying that the Title is Misleading and the RBA are mistaken?

What should the RBA have called the it then?

"Abstract"

Quote:
 
The depression of the 1890s in Australia was associated with the collapse of the
banking system, whereas problems in the financial system during the 1930s
depression were far less severe. This is despite the fact that the initial
macroeconomic shock during the 1930s depression was at least as large as that
during the 1890s depression. We show that variation in the performance of the
financial sector during the two depressions was due to differences in the condition
of the financial sector well before each depression. Differences in real external
factors and government policies were not sufficient to explain variation in the
performance of the financial sector.


It seems very clear what its about...........Must be too difficult for you comprehend I guess.

Quote:
 
The central argument of this paper is that variation in the performance of the
financial system across the two depressions was primarily due to variation in the
condition of the financial system prior to each depression. We show this by
examining the behaviour of a range of indicators of financial stability over the
decade prior to each depression.4 These indicators are:
(i) the level and nature of investment;
(ii) property market speculation;
(iii) credit growth;
(iv) capital inflows;
(v) degree of risk management within the financial system; and
(vi) competitive pressures in the financial sector.


What part do you not understand........


As for the Crash well its closer than Your Boom.......Just read Post 161. IMF HSBC BOA BIS all seem to say very soon.

Quote:
 
HSBC: RED ALERT -- Get ready for a 'severe fall' in the US stock market
Deutsche Bank Singled Out in I.M.F. Stability Warning
Bank of America's recession warning: This market is scary
BIS China's banking system is flashing a red warning signal


It just gets better and better.........But not for you.

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stinkbug
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Simon_S
7 Nov 2016, 02:45 PM
Oh so your saying ...
Let me give you some advice. Any time you find yourself typing "so you're saying...", you're twisting your own ideas into the discussion. This is not debating, or providing a logical argument. It's a sign of a lazy and dull mind.
---------------------------------------------------------------

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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Trollie
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Simon_S
7 Nov 2016, 02:45 PM
Oh so your saying that the Title is Misleading and the RBA are mistaken?
No, you are just taking an article published in 1999 and thinking you can fool us all into believing it's related to current economic conditions.

Simon_S
7 Nov 2016, 02:45 PM
As for the Crash well its closer than Your Boom.......Just read Post 161. IMF HSBC BOA BIS all seem to say very soon.

What's "very soon" mean? 10 years isn't most people idea of very soon, most people would say you are just clueless.
Edited by Trollie, 7 Nov 2016, 07:21 PM.
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Simon_S
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stinkbug
7 Nov 2016, 07:15 PM
Let me give you some advice.
No thanks.........


Trollie
7 Nov 2016, 07:19 PM
No, you are just taking an article published in 1999 and thinking you can fool us all into believing it's related to current economic conditions.


What's "very soon" mean? 10 years isn't most people idea of very soon, most people would say you are just clueless.
Oh so your saying that the Document and its Findings are no longer relevant to today?

Quote:
 
The central argument of this paper is that variation in the performance of the
financial system across the two depressions was primarily due to variation in the
condition of the financial system prior to each depression. We show this by
examining the behaviour of a range of indicators of financial stability over the
decade prior to each depression.4 These indicators are:
(i) the level and nature of investment;
(ii) property market speculation;
(iii) credit growth;
(iv) capital inflows;
(v) degree of risk management within the financial system; and
(vi) competitive pressures in the financial sector.


Which of those Indicators of Financial Stability Do YOU not believe is relevant to today?

LOL.....You wont need to wait 10 years for the Crash to arrive.........
Edited by Simon_S, 7 Nov 2016, 10:21 PM.
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Rufus
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Simon_S
7 Nov 2016, 10:15 PM
No thanks.........



Oh so your saying that the Document and its Findings are no longer relevant to today?




Which of those Indicators of Financial Stability Do YOU not believe is relevant to today?

LOL.....You wont need to wait 10 years for the Crash to arrive.........
can you explain this to us Simon.

The central argument of this paper is that variation in the performance of the
financial system across the two depressions was primarily due to variation in the
condition of the financial system prior to each depression. We show this by
examining the behaviour of a range of indicators of financial stability over the
decade prior to each depression.4 These indicators are:
(i) the level and nature of investment;
(ii) property market speculation;
(iii) credit growth;
(iv) capital inflows;
(v) degree of risk management within the financial system; and
(vi) competitive pressures in the financial sector.
Take risks - if you win you will become wealthy, if you lose you will become wise
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Simon_S
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Rufus
7 Nov 2016, 10:22 PM
can you explain this to us Simon.

The central argument of this paper is that variation in the performance of the
financial system across the two depressions was primarily due to variation in the
condition of the financial system prior to each depression. We show this by
examining the behaviour of a range of indicators of financial stability over the
decade prior to each depression.4 These indicators are:
(i) the level and nature of investment;
(ii) property market speculation;
(iii) credit growth;
(iv) capital inflows;
(v) degree of risk management within the financial system; and
(vi) competitive pressures in the financial sector.
Rufus its very self explanatory if you bother to read it.

Are you too saying it is Irrelevant to today's economics?

Are you too saying that debt does not matter?

What part of the Document do you find fault with?
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