Bank Economists
http://www.interest.co.nz/ratesblog/index.php/2010/01/31/mortgagee-sales-near-record-high-at-5-of-total-sales-as-indebted-owner-occupiers-start-defaulting-too/comment-page-1/#comment-58076
Justice Says:
February 1st, 2010 at 5:15 pm
"Key thing to be weary of (particularly when hearing from bank economists) is ‘banks’ (Aus/NZ) currently need ever increasing people to take out ‘debt’ to cover their on borrowing. They basically have been running ‘ponzi schemes’.
DON”T listen to bank economists! they have motives."
I would add remember who pays their wages.
