And there you have it folks, third warning this year from the - TopicsExpress

And there you have it folks, third warning this year from the bubbles best friend the RBA, maybe we have a bubble, and maybe thats not a good thing. When you consider how painfully conservative the RBA is with its language, for fear of spooking the horses, is this clear enough for us. Are we getting the message yet? There are things that can be done, but they wont be openly discussed and debated by policy makers until we admit that we have a big problem - kind of like any kind of chronic addiction I suppose. If thats the case, then the RBA has just booked itself into an AA meeting. Next step macro prudential controls to put money where mouth is.

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