Wednesday, September 22, 2010

EMPTY MANSIONS

As a result of global financial instability, a lot of overseas money is being" parked" in Australia waiting to see what is going to happen in the US and elsewhere . As a result, expensive real estate is being bought in Sydney and just left unoccupied, according to information supplied to Little Darwin through our many contacts . With the US dollar diving , fears of stagflation , the Fed said to be about to print another trillion , Europe sick and some currencies regarded as worthless, Australia seems like another planet divorced from the global mayhem.