puffl

puffl replied to the topic How do people “know” what the market is going to do? in the forum Scamp wrote:[Banks will keep 16 years, 4 months ago
Scamp wrote:
[Banks will keep raising interestrates because credit is expensive. What RBA does is futile.
That doesn't answer my question. Nor does pointing to yesterday's APM figures.What I'm asking is why you think the RBA should increase interest rates even though, as you say, there's a recession coming.In saying that you believe a…[Read more]
puffl replied to the topic How do people “know” what the market is going to do? in the forum General Property 16 years, 4 months ago
Scamp wrote:
– Bank interest rates *will* go up. Whatever the RBA does ( they should really up the rates also, but it doesn't matter, even if they don't the banks will ). This makes money even more expensive.- Recession is coming, Australia won't escape it. This is not the time to get yourself in debt.
Scamp, if a recession is coming, why do…[Read more]

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