PPRuNe Forums - View Single Post - Merged: Is the worst of the Global Financial Crisis behind us?
Old 4th Aug 2009, 02:58
  #51 (permalink)  
Gnadenburg
 
Join Date: Jun 2002
Location: Eden Valley
Posts: 2,159
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but last weekend when I went to a largish shopping centre in the western suburbs of Melbourne, it seemed like every man and his dog was out shopping.
Highpoint? I was there a few months on a Friday night and nobody was buying anything. I couldn't believe it.

At the time, I was on a shopping trip for more Australian property, but decided to hold off at the evidence of such retail gloom. The market I was looking at ( above seven figures ) has since regained composure and confidence.

I don't listen to pilot doomsdayers. 1) They are pilots 2) They are generally poor pilots averse to have ever taken a financial risk. I suppose that's why they're poor.

Australia will do fine. I would be better off if it didn't.
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