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    Recession likely in Australia

    I aint seen any of it.... can't believe this social engineering cr@p
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    Recession likely in Australia

    yet amongst all this D&G, China is forecast to grow at 9%+, the world at 3% roughly, and Oz is forecast to avoid recession and grow at 3% i think I read? we can be harsh on ourselves and maybe our holdens aint no BMW, but when it's all washed up we are a highly educated, stable and...
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    Recession likely in Australia

    kiyosakis theory whereby the plunge in asset values will be met with a flood of liquidity and hyperinflation could well play out. I cant see this in australia tho, which would suggest a collapse of the USD against the AUD. it's confusing to see where this may go. certainly high leverage seems to...
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    Recession likely in Australia

    fortunately there is still more than ample demand for energy due to dwindling global reserves and the greenhouse effect (in the case of uranium). now if only we were smart enough to produce uranium from cradle to grave i.e. dig it up, ship it, return and store. The world would be our oyster...
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    Recession likely in Australia

    KR is a touchy feely dreamer
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    Recession likely in Australia

    not only that but... if say your new homes costs $250,000 to build and is written off over say 20 years, that's $240 a week in real depreciation. The house I live in - it's deprecn on current replacement value is more than what it costs to rent a house aound here. none of this makes any sense...
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    Recession likely in Australia

    if only it were that easy Blue Card! the stuff I have been reading lately is saying that the US recession is going to be bigger and uglier than most people would like to admit, making 1990 look like a picnic. regardless of how well China and India have been going it is hard to see us escaping...
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