The question is, are the underlying demographics sufficient for a fairly soft landing (10-20%) or a Florida/Michigan/... hard landing.
My bet's on the former, not the latter due to the fairly weird urbanisation situation in Australia. However hearing "this time it's different" actually increases the chances of a painful pop ...
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Date: 2010-08-07 05:37 pm (UTC)The question is, are the underlying demographics sufficient for a fairly soft landing (10-20%) or a Florida/Michigan/... hard landing.
My bet's on the former, not the latter due to the fairly weird urbanisation situation in Australia. However hearing "this time it's different" actually increases the chances of a painful pop ...