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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: Crimson Ghost who wrote (48518)12/31/2005 11:57:06 AM
From: zebra4o1  Read Replies (1) of 110194
 
Yes, the way Britain and Australia are holding up after housing has stalled is puzzling. It's easy to dismiss Australia with only 20 million people, they are just riding on the global boom - but Britain has 60 million people.

Maybe everything is fine as long as assets are inflating somewhere? Or maybe housing is now just a small side show in the global credit bubble? Still, it has got to be a pretty significant blow to the credit bubble if US housing busts.
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