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RE: Elisa Barwick Reveals The Canary In The Australian Mortgage Bubble Mine Just Died: Be Warned!
Australia and New Zealand's housing industries are in great condition, what are you talking about?
http://www.abc.net.au/news/2017-09-11/500b-dollars-of-liar-loans-in-australia-ubs/8892030
http://www.abc.net.au/news/2016-10-07/mortgage-fraud-systemic-in-australia-ubs-survey-shows/7911978
https://au.finance.yahoo.com/news/overstated-income-30-liar-loans-continue-grow-030518341.html
:D
Look out below!
The double-whammy will come when Australia's export market grinds to a halt after they realize the Chinese were buying raw materials for goods the world didn't want just to keep up the appearance of growth, all piggy-backing on an explosion of Chinese debt backed by their own wild housing and building construction sprees.