Will Debt Drive Us to Depression? | BTalk Australia

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  Dodgy110/13/08 Reported as spam
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  RE: Will Debt Drive Us to Depression? | BTalk Australia

  I think this is scarily accurate - you can not live on credit forever no matter what the debt free government may say (as all the debt is held by consumers!) I am please i have chosen to save/invest and not purchase a house in the lat few years even though I have the money.
  
  It will be interesting to see what happens in the next 18 months. I would suggest a house price crash in Australia by July 2009!

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  fkotsiaris10/14/08 Report as spam
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  RE: Will Debt Drive Us to Depression? | BTalk Australia

  Neo classical economics, neo liberal
  economics, ideologically we have been set up to
  expect things that cannot possibly be sustained
  on any level. Couple this financial turbulence
  with the limitations of our environment in the
  face of consumer demand, and we can't help but
  feel that we're heading for depression -
  economic and personal.