27.07.2010 - Still speculating in Australian housing: More punch, mate!
From Forbes: While most investors today probably understand that Europe isn’t exactly a poster-child for prudent government spending or budget planning, we’re not sure that the consensus is bearish enough on the spillover effects from a prolonged European Debt Deflation. Exports are still the foundation of the China story, but with their largest customers still lying in intensive care, we doubt appetites for cheap Chinese goods will be quite the same..............................................Full Article: Source
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