Reserve Bank cash rate

Poor sods. Damned if they do, damned if they don’t.  Bollard is no twit, and Morel gets the need for solar energy, so it may be that the knowledge of where we are going is there. It’s just being covered so we don’t scare the children.

My pick?  Within a year, and probably within 6 months, another stagger. This time they’ll (globally) let the banks go. They’ll have to. The fiscal injections of borrowed money just make debt a nonsense at some point.

If energy drives this, I can be wrong by 5 years (but no more) and only if the mid-east claims are all they claim to be.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: