@stevens_phil @TheEconomist - houses beyond reach so cars next asset to inflate debt - next it will be white / brown goods - oh done that.
30/09/2014 6:47 PM
RT @graemewearden: UK house prices fall 0.2%; markets await eurozone inflation & jobless data. Liveblog: http://t.co/O9LqgRQk5w http://t.co…
30/09/2014 5:59 PM
RT @TheEconomist: At $905 billion, car loans in America make up a tenth of total mortgage debt http://t.co/hbR7R2oN4s http://t.co/4cYnKE5GXQ
30/09/2014 5:12 PM
RT @MacroPru: Surging US$ threatens #emergingmarkets’ carry trades http://t.co/5pcOlu7BMz @BIS_org #IIF @FT http://t.co/PHBKMYsTP7
30/09/2014 5:11 PM
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SEP 10

Earthquake and Aftershocks

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Many of us in Canterbury and Christchurch have been very lucky – to come through such an experience with few injuries and no loss of life is astounding. That said for some the impact on property and their lives has been profound, brick built, none-engineered buildings or those subject to local geological conditions have been hardest hit.

On Monday last at the 131st AGM for the Association two ideas came through strongly; many were physically unscathed and back into shipping stuff to customers but that many had been spooked by the initial earthquake and aftershocks. The pervasive problem is psychological and getting through this will be part of the normalisation process.

This link will take you to comments by Sarb JohaI that hope will be helpful in understanding and dealing with the problem.




tags: earthquake, aftershocks, sarb johal, spooked, psychological

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