You are viewing a single comment's thread from:
RE: Elisa Barwick Reveals The Canary In The Australian Mortgage Bubble Mine Just Died: Be Warned!
thats pretty scary. Hopefully with housing bubble bursting money will flow from property into crypto causing that to come back up, thus allowing people like us who have accumulated a nice position to fully escape the fiat world
Would be nice yes, however it'll come at the cost of much pain the community. Self inflicted you could argue but pain in a society is generally shared. Scary is right. Excellent choice of word.
Choosing words is easy, arranging them in a sensible way is the true artform haha. Normally i garble nonsensicle dribble.
To be honest, the community needs an injection of pain. What other generation has never felt the pain? My parents had the recession and high interest rates of the Keating Government, their parents the great depression and WW2, their parents WW1 and early colonialism, before that Victorian famine and poverty.
Todays generations worse problem is slow internet.
I don't particularly want high interest, poor and destitue people and general gloomyness, but by god the country needs a kick in the nuts to stop it being so entitled and spoilt.