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09-02-2014, 10:31 PM
Hi Mate,
Blame it on the gutless central bankers and governments globally over generations.
Asset bubble is not a current issue - it has been generations.
Policy makers need to create jobs after previous generations over-spending that were not accounted for so they pursued easy solutions - print $. $ printed simply head for assets in politically stable countries.
So the problem and cycle will continue.
If anyone is to be blame -perhaps blame yourself for not being gutsy enough to make easy $ at the early phase of asset bubble (myself included as well)
GG
Blame it on the gutless central bankers and governments globally over generations.
Asset bubble is not a current issue - it has been generations.
Policy makers need to create jobs after previous generations over-spending that were not accounted for so they pursued easy solutions - print $. $ printed simply head for assets in politically stable countries.
So the problem and cycle will continue.
If anyone is to be blame -perhaps blame yourself for not being gutsy enough to make easy $ at the early phase of asset bubble (myself included as well)
GG
(09-02-2014, 02:21 PM)BlueKelah Wrote: Would you pay a million bucks for this 107sqm piece of land located on the fringes of the Sydney CBD? This is what happens when you let foreign money pour into the country uncontrolled.
Just for your entertainment my fellow value buddiessince I am located down-under. Singapore and hongkong already realising the potential economic damage bubbles bring.
http://media.domain.com.au/property/doma...23876.html