Tuesday, April 5, 2011

SOS Australia Property Crash!!


Even a dead clock is correct twice a day.


The day is here, Australia property is going to be roasted. Get out while you can. Then the Australian dollar will follow to move down. This is not what I said, this is what the economic cycle guru said, Dr Charles Nanner.


Well, Steve Keen was 2 years early. But Nanner, will be right on the SPOT based on his track record. It will be unfortunate for those who enter the market over the last few years, especially for the speculators. It will be like US of A all over again.


Watch out! Take cover.


MyView


Over the years, we have seen a many crisis all around the world. The usual response is Australia is different or this time is different, its partner China will support her. You wish, when your own house is on fire, do you think they have time for you.


Get out while you can. Stay in cash at least for a while, the upside is not worth the risk.

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