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Household Debt up...

Discussion in 'General Investing Discussion' started by Alan, 31st Mar, 2007.

  1. Alan

    Alan Well-Known Member

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  2. Jacque

    Jacque Team InvestEd

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    Damn those half yearly sales - it's just too hard to resist racking up all that consumer debt!! :D
     
  3. Bantam Roosta

    Bantam Roosta Well-Known Member

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  4. Insight

    Insight Brisbane Buyers Agent

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    A few more shakes of the tree via 0.25% hikes might be revealing.

    Also a geopolitical shock or recession and the jobs might not be there to fund that debt so well.

    I have had a look back at what happened in the early 90's with asset prices and employment and rates and it's given me pause for thought.

    Actually one of the problems with predictions I have is weighting these issues, sure we can appreciate a number, but what does it mean and how misleading is it really? Maybe that's nothing scary on a per capita basis, or maybe it is, I have no way of knowing.

    The sun is absolutely still shining brightly on Australia at the moment, make hay I reckon.