Asian only now accepting all races - a sign of the economy?

[Fred Flintstone]

Yes this is true. This is how it might play out:

- Residential property / household debt bubble popping.

- Bank balance sheets are stretched paper thin, possible bailouts required.

- ASX, being extremely overweight bank stocks, crashes along with them.

- Superannuation funds are dragged along for the ride.

The issue here is the system is built on all these bluechip investments that are supposedly super safe, but they are all exposed to the same risk of the residential property bubble.

All good points. The other major issue is soaring electricity prices as we try to appease the great Climate God. Switching off gas and coal to rely on Chinese made windmills and solar panels means our electricity costs will soar. Even more factories will close, not to mention the job losses in the gas and coal sectors