Does anyone really have a handle on what is happening with the economy at the moment?
With what we have seen overseas, riots in the UK, USA having their credit derated and Spain, Italy, Greece and Ireland in debt…along with more ups and downs on the local stock market than at a Yo Yo contest
By the way, when I went to school AA+ was considered a bloody good grade.
The interesting thing is each ‘expert’ who throws their twobob in the ring seems to have a different view on the world – will interest rates rise, stay where they are or drop? It appears that each bank has a different idea, each newspaper you read and even the TV/radio commentators don’t seem to agree. It reminds me of that old bumper sticker seen on old V8’s, “Get in, Sit down, Shut up and Hang on”.
Well, if they can all have an opinion…so can I![Read more …]