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June 5th, 2012 
FAKE NEWS for the Zionist agenda Previous Post: BIS warns global lending contracting at fastest pace since 2008 Lehman crisis nbsp
Australia: Billions wiped off market in share bloodbath
Telegraph – Australian shares have closed at a six-month low with an estimated $23 billion wiped off the market. But what’s bad news for investors is good news for homeowners, with the carnage putting pressure on the Reserve Bank of Australia to cut interest rates at its monthly board meeting tomorrow. “The market has taken an absolute beating,” said Geoff Saffer, head of research at Australian Stock Report. Read Article
Tags: Australasia, banks, debt wealth, financial system
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