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You can have have 10:1 and I'll double it if you can collect from my estate. LOL

He was merely rephrasing The Paradox Of Thrift Dazz.

Because this is a mining cycle. Different animal. It is easy to find iron ore but hard to get it loaded on a ship. There is never a problem getting your TVs onto a ship. We have passed "peak (cheap) oil" and "peak gold" and peak many things. Every time a yank buys a new car, he scraps...

Play nice Tom. Whenever have you seen me blindly accept a consensus view? I've been in the minority here for years. If you go back 7 or 8 years here you would find I made some bold predictions which definitely weren't mainstream. I said we would get to parity with the US$ when we were...

In ten years? Don't like your chances of collecting from my estate. LOL You need to be more particular about conditions of wagers before you make them.

Purely rhetorical Tom. I just have a different opinion which is as valid as yours. :) Why do you want odds anyway? Besides, nobody rings a bell on these things. I would claim to be a winner if I'd had a punt that the property boom would be a property bust by now but I'm sure no bull would pay...

I'd take that bet. :D It will be the best performing asset class for another ten years.

Too much food containing too much sugar and fats, too little exercise and too many drugs both licit and illicit will do that regardless of the health system. :D

That's worked well for the Arabs, hasn't it? If nobody HAS to work, nobody does. :D

Too much luck is called "Dutch disease". (Apparently they too got lucky once) The Arabs have the greatest luck of all with their oil but the majority just seem to indolent and poor (They pay "guest" workers to do everything that is beneath them). We could be starting the slide down the same...