Teetering on the edge

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Perrorist
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Teetering on the edge

Post by Perrorist » 21 Aug 2017, 08:11


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grandduke
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Re: Teetering on the edge

Post by grandduke » 21 Aug 2017, 08:14

Then watch the carnage when interests rise. 8-[ 8-[
“You see things; and you say, ‘Why?’ But I dream things that never were; and I say, ‘Why not?’”
George Bernard Shaw

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Perrorist
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Re: Teetering on the edge

Post by Perrorist » 21 Aug 2017, 08:39

We live in a very uncertain world at the moment.

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Buck_naked
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Re: Teetering on the edge

Post by Buck_naked » 21 Aug 2017, 09:41

but wait...there is more. beware any year ending in 7. 1987, 1997, 2007.
last time i checked it's 2017.... 8-[ 8-[ 8-[
OTOH, we did muddle thru the Mayan calendar thingy.... :lol: :lol: :lol:

http://www.abc.net.au/news/2017-08-21/s ... 17/8825788

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Biggdad
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Re: Teetering on the edge

Post by Biggdad » 21 Aug 2017, 10:29

grandduke wrote:
21 Aug 2017, 08:14
Then watch the carnage when interests rise. 8-[ 8-[
I wonder how everyone will cope if the rates go up to 18% as it did when
My wife & I had a Mortgage! :eek :eek

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grandduke
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Re: Teetering on the edge

Post by grandduke » 21 Aug 2017, 13:16

From memory was not labor in power, if so it
say little for socialism. :hitting_wall
“You see things; and you say, ‘Why?’ But I dream things that never were; and I say, ‘Why not?’”
George Bernard Shaw

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Perrorist
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Re: Teetering on the edge

Post by Perrorist » 21 Aug 2017, 13:29

Bob Hawke was PM; Keating his Treasurer. However, it was a global phenomenon, not limited to Australia, and it was over 19% in NZ. The highest cash interest rate ever was when Howard was Treasurer (21.4 per cent in April 1982).

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Slapsy
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Re: Teetering on the edge

Post by Slapsy » 21 Aug 2017, 13:42

Didn't Howard start the myth about interest rates always being low under a coalition government? He really was a lying little rodent,wasn't he.
The punters know that the horse called Morality rarely gets past the post,whereas the nag called Self-interest always runs a good race. ..... Gough Whitlam 19/10/89

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godfather
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Re: Teetering on the edge

Post by godfather » 21 Aug 2017, 22:52

Mortgage rates were 17% from June 1989 to March 1990 under Bob Hawke!

Thankfully, we had paid off our mortgage by then.

:icon_biggrin: :icon_biggrin: :icon_biggrin:
The devil whispered, “You cannot withstand the storm“ and I replied: “I am the storm!”.....Unknown.

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Buck_naked
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Re: Teetering on the edge

Post by Buck_naked » 22 Aug 2017, 13:50

Mortgage stress test map. who is teetering on the edge?
my area only has 18% of mortgages in stress.

http://www.abc.net.au/news/2017-08-21/h ... Istressmap

Still think there will be a lot of people joining steve keen on Mt Kosciusko. :lol: :lol: :lol:

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Perrorist
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Re: Teetering on the edge

Post by Perrorist » 22 Aug 2017, 16:48

30%.

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Perrorist
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Re: Teetering on the edge

Post by Perrorist » 23 Aug 2017, 06:26


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Perrorist
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Re: Teetering on the edge

Post by Perrorist » 18 Sep 2017, 18:20


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Buck_naked
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Re: Teetering on the edge

Post by Buck_naked » 18 Sep 2017, 19:26

Wot, me worried?
our market has still not passed the GFC highs.
Trumble has created a record number of jobs as reported by Insiders.

Image

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grandduke
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Re: Teetering on the edge

Post by grandduke » 22 Sep 2017, 13:28

Gladstone 12%
“You see things; and you say, ‘Why?’ But I dream things that never were; and I say, ‘Why not?’”
George Bernard Shaw

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