- Joined
- 10 July 2004
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- 3
Radge put 7 years on it. Took 10 years to recover from the last 50% drop I think I heard, but that might have been the Dow. I reckon somewhere between now and then.
i think you're onto a good thing there Julia... your dog that is...
my budgie says today is the day.... and 4291(.3) IS the bottom... so I'm gonna go out on a limb and CALL IT... RIGHT HERE,.... RIGHT NOW....
cause my budgie said so......
So remember it folks - Dukey and his budgie.... Oct 9 2008: XAO at 4291 = THE BOTTOM.
yeehah....:cowboy:
..... and if Inspector Rex (my budgie) is right - he'll buy you all a bag of birdseed.
Interest rates will fall to 3% perhaps 2% by June next year.
It's just lucky we have the room to move.
Savings income will suffer but perhaps the capital will be safer.
ASX down to early 3000's within 6 months.
Commodity boom bust and financial institutions problems means we have nothing to hold it up.
Property will collapse within 12 months perhaps less, commercial and residential will all go
Recovery ..well cant see that far ahead just yet.
And so I advise............
(Mourners are asked to give generously to the charity of their choice - someones gonna need it very soon!)
I predict that before very long shanty towns and hobo jungles will start springing up in America. Soup kitchens will be opened up. Overseas troops will be brought home. Fighting terrorists overseas is no longer affordable. Civil unrest at home will be the problem.
I have listened to the presidential debates. They both have solutions.
And pigs might fly.
One last comment. Are you aware that President of the US has the power to declare a state of national emergency, suspend elections and continue in a martial law situation?
Interest rates will fall to 3% perhaps 2% by June next year.
It's just lucky we have the room to move.
Savings income will suffer but perhaps the capital will be safer.
ASX down to early 3000's within 6 months.
Commodity boom bust and financial institutions problems means we have nothing to hold it up.
Property will collapse within 12 months perhaps less, commercial and residential will all go
Recovery ..well cant see that far ahead just yet.
And so I advise............
That might be a bit harsh, Mr Burns. I think under all the circumstances, a gathering of business leaders is pretty appropriate.
At least drop the attempt to sacrifice first home buyers with your latest bribe, or undertake to bail them out when the housing market falls over ....you increasingly irritating incompetant tosser.
MB
so you think he's talking first home buyer grants to bribe them?
careful man, you run the risk of becoming increasingly irritating and inaccurate here
MBYes thats right 2020 using first home buyers to try to prop up a doomed property market, they will be the sacrificial lambs because the market will fall anyway taking them with it.
But hey ! Rudd tried didn't he ? put all those first home buyers into the path of the runaway property train too bad about them though.
I find that very irritating 2020 and there's nothing inaccurate about my comments.
MB
PS I predict , when I lose my house, that I'll talk one of the kids into buying their first home - and the missus and I can then MOVE IN WITH THEM for a change ! lol
It's all coming true !
BTW - I notice Rudd, the drama queen has called another talk fest , spot of lunch with the rich and famous, few drinks afterwards just to toss a few ideas around, grandstanding again boring everyone s***less again
- I can hear the groans as they open their invitations now, I've got a good idea Mr Rudd why dont you resign and let Lindsay Tanner have a go at least he appears to know whats going on.
At least drop the attempt to sacrifice first home buyers with your latest bribe, or undertake to bail them out when the housing market falls over ....you increasingly irritating incompetant tosser.
Hmmm, detect a hint of jealousy here.
Discontentment manifesting in this.
Deep seated bitterness released here. (exhaustion, relief, gratification, pleasure)
No jealousy
No discontentment
Bitter about the first home buyers bribe.
Exhaustion ? hardly.
Relief, gratification, pleasure. Out of control rant more like it.
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