Yes it was aggressive...hollering from the rooftops - sorry.
Every downturn we have the same 'she'll be right' mentality.
Recession...
Danger of 'recession by Christmas' | The Australian
The Missing recession of 2002 (Britain 05 but relevant now).
The Mystery Of Britain's Missing Recession
"...Just how did Gordon Brown abolish the boom/bust cycle? By letting industry fall into recession...by forcing families into debt...and by inflating a house price bubble that will cause the Depression of 2010..."
There is even a forum watching our housing bubble unwind...
Global House Price Crash Forum -> Australian Property Discussion
House prices 4x earnings in 2011 and then we'll start again.
Watch the China GDP figures tomorrow and then watch RIO, BHP and the ASX200.