Monday, April 4, 2011
Bear Nibbles anyone?
"House prices are falling. And falling big. Already Queensland is seeing Florida-style price falls. " "No one with an ounce of common sense would support people investing more money with Bernie Madoffâ€™s Ponzi scheme, just to prevent the Ponzi scheme from collapse. And so by the same token thereâ€™s no reason to support the gradual deflation of house prices."