Australia to enter a very sad period - Its started!

Well it has started, South Pacific living off China is not going to work out so good! Over capacity, plus housing market debt will be adjusted down.


Previous post here, and original here


Sure this blog started this story in 2013, since then the Aussie AORD went from 5250 to 7250, and now it is down to 5000. So if you could squeeze out 50% gains and keep it, well done. But if you could not get out you are bust. Notice the rapid and unforgiving decline, how any one got out with a large position is any ones guess.

Of course some stocks may buck the trend, keep an eye on dividend paying gold stocks like Newcrest Mining, symbol - NCM. 

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