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Australia was pretty much unaffected by all that. And it seems OP mentioned that subprime bubble.
by jazoom 9y ago
Australia was pretty much unaffected by all that. And it seems OP mentioned that subprime bubble.
- tmnvix 9y agoOP was implying that because the US property boom and bust involved deception ("scam driven") that it wasn't a real bubble - only close to a bubble. OP never mentioned Aus - only that they had heard a lot of talk of bubbles but hadn't identified any. I was just giving a few recent examples that I'm sure most would agree qualify as such.
- jazoom 9y agoThis whole thread is based on an article about Aus. I think it's reasonable to take people's comments in that context unless otherwise specified.