Storm Clouds: If going into debt was an Olympic Sport, Australia would have a lot to be proud off.

Discussion in 'Property Market Economics' started by Peter2013, 19th Nov, 2019.

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  1. Peter2013

    Peter2013 Well-Known Member

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    24th Aug, 2019
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    NSW
    ABC 7:30 report is running a four part series on the Australian economy:
    7.30: Tuesday 19/11/2019

    Well worth a watch.
     
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  2. Timb89

    Timb89 Well-Known Member

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    Sydney
    JB HiFi CEO: "High debt levels are only a problem if the economy takes a hit".

    Exactly.
     
  3. Harris

    Harris Well-Known Member Premium Member

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    The higher the property values and the associated positive news flow goes, the desperate the analysis-paralysis-troll mob acts! A new thread every day under the guise of a clickbait negative headline and 'what-ifs' - all with the same objective.

    Don't feed the trolls! They will go away as they always do after their desperate attempts at sowing panic! Have seen them act the same way in 2007/08, 2012 and then again in 2017. This is the latest wave.

    Don't mistake these dime-a-dozen trolls with the fellow established doom & gloom(ers) for which I have a lot of respect as they are investors, have significant history and act sincerely in prosecuting their view point, even if one disagrees with them- aka sash, euro amongst others.

    Remember: the more you try talking sense to them, the more fodder they have to wrap you around in a circular argument. Just let the numbers do the talking as they come thick and fast and let these trolls sail away, back to the comforts of North&Keen Muppet show echo-chambers!
     
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