tag:blogger.com,1999:blog-5613349802102193582.post8304394671992367295..comments2023-12-22T23:56:04.826+11:00Comments on Houses and Holes: Hats off to a real bankerDavid Llewellyn-Smithhttp://www.blogger.com/profile/01762856583909059662noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5613349802102193582.post-86343421950509147142010-11-03T23:27:25.366+11:002010-11-03T23:27:25.366+11:00I am not impressed that much, as those that mainta...I am not impressed that much, as those that maintain the banking structure are "leadership", ie, those that will implement and such inquiry and I am an old man with hoary with experiences; it will not happen and history, repeated history, for the past ~4,000 years tells us, that "leadership" will a priori, support the banking system until all burns; follow the money. Now, read M. Hudson http://www.globalresearch.ca/index.php?context=va&aid=21716<br /><br />The problem is the banking system's relationship with "leadership" and its corrosive effects, which are a matter of historical written record.<br />"He who has the money owns the game"<br />"All that needs to be said, has been said!"<br /><br />Good articlePeterJBhttps://www.blogger.com/profile/09934906890179823815noreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-57301802469343299292010-11-03T21:21:19.164+11:002010-11-03T21:21:19.164+11:00"Bankers were grilled at length as to why inv..."Bankers were grilled at length as to why investors should not be worried Australia has a housing bubble,” he said. Australia's banks remain “very conscious of the risks of international investors becoming nervous about investing in Australia. “<br /><br />Obviously the overseas investors didn't feel reassured, as the CBA was forced to up interest rates by 0.45% to cover their increased cost of funding.<br /><br />I have friends that were notified by the CBA about the increase of interest rates on their mortgages within an hour of the RBA official release.<br /><br />It looked like they had the paperwork ready to go regardless of the RBA's move,only the amount of the interest rate rise had to be typed in.Anonymousnoreply@blogger.com