The housing market is a big concern here. The banks have been told to stop offering Interest-only loans, which may have stalled growth in a big bubble. Interest rates have bottomed out, and house prices are coming down any way, and its not like they can drop rates much further.
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That's very interesting, I'm going to have to really look into it, I think there are a few bubbles in the world economy I can see it with vehicle financing in the US too, all primed and waiting for one big failure and we will see economies hit like a pile of dominoes
Once that depression hits, nobody's job is safe. Printing more money won't help if there's no wealth behind it. They're using it for toilet paper in Venezuela; and not out of spite either, because there's no toilet paper available.