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A perspective from The Age http://www.theage.com.au/opinion/politics/we-failed-the-gfc-test-20091026-hglk.html " The alternative is to sell more to the world, buy less on credit, and save more to pay for our investments." So let's hope that the Aus dollar retracts a bit and makes our...

How true. We are so lucky here that the worst excesses of greed, banking and corruption were contained, otherwise we'd be neck deep now. Our banks weren't more principled or careful, they were simply prevented from the wild excesses that crashed Wall Street. A friend was employed by one of the...

Blue Card you have a point concerning Argentina, but I'm keeping an eye on the indicators just in case our powerless little economy, so favoured by currency speculators and commodity brokers, starts to look a little like Argentina in 2000. We may think we're doing OK but so did all the other...

I'd agree. I think that though they may wish to raise IRs to cool housing the consequences elsewhere would be too negative. It also does Australia no good to be pushing up interest rates and pumping the dollar. The largest danger I see is that with the AUD so strong, retail is set to boom at...

Something to bear in mind. http://www.youtube.com/watch?v=akVL7QY0S8A (skip the intro - a bit long) I doubt our story is much different overall in the timeframe shown. If I was half of a 2 income stream I'd ponder the implications of this research for my future plans. Essence is...