why would you do that now? things havent even really started to get as much as luke warm yet. Gees I'd hate to go on holidays with you guys - day 1, this is great, day 2, hmm this is too good, must be a tsunami due soon
the thing with this logic that we can look to the past to learn for the future and the ol smug "yeh sure it' different this time" is yes in fact it is different this time. IMO the world has never been a more dangerous place. At the end of WWII nothing was really fixed up properly. Now we have an...
if you consider the likes of that recent ANZ report and the companies that are putting their own cash in as hurt money it seems that aside from the greeks possibly defaulting (again) the longer term consensus is this resources boom will run "many decades". Yes we can all say they are fools and...
so if the US has crashed and UK and Aus hasn't, then why? what was going to happen has happened.
I too am looking for soem of this loose credit here in Aus - where can I get some?
ha ha spot on Aaron...and hang on.... is the postcode right? and do you have 30% equity contribution? no no - that security is not prime, we will only accept cash or residential land. Ooooh your sales price looks to be about 5% above the dogbox that sold down the road last January - may have to...
bubble has long since burst. WA and Qld now have the strongest economies on the verge of a serious break out with high population growth and a burst property market. seems obvious it's primed for growth.
ok, I had the idea that it had risen during the GFC and defied all odds and hadn't really dropped yet. For us mere mortals out in the likes of qld and WA a lot of our stock has already dropped a good 20-50% so its hard to know if the doomsday prophets are including already savaged stock in their...
the scale to which bhp is ramping up ore exports in the pilbara is staggering. however that is just the tip of the iceberg, with investment in oil and gas going off and commited over multiple decades (this will mitigate our oil exposure too) not to mention just about every other commodity. My...