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  1. S

    Is Australia facing the first recession in 20 years?

    You disagree with a few words so dismiss him as a rent seeker. It's a big world out there and nothing is obvious, nobody has all the answers.
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    Is Australia facing the first recession in 20 years?

    Just in case you need to be jolted from your complacency! I am not complacent and haven't been for many years. Doug Casey is already well known to gold bugs and others. If you put an hour aside and watch this you will realise that he is a wealthy man who is not scamming your pennies. I...
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    Is Australia facing the first recession in 20 years?

    In normal times there is only one step in between. That's ebay. In extreme times some '66 50c coins may be more welcome than funny money. You do buy insurance don't you?
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    Is Australia facing the first recession in 20 years?

    The problem with saying "The A$ is overvalued" is that you are not saying what it is overvalued against. The fiat currencies are in a race to the bottom, each trying to devalue more than it's trading partners to gain an advantage. As Hobo says, the only "currency" which we can be sure of...
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    Is Australia facing the first recession in 20 years?

    They are just sooooo predictable, aren't they. :D
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    Is Australia facing the first recession in 20 years?

    So Gina is right: Australia is too expensive. I could live well in the US on my A$ income. [Medical insurance might be the problem]
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    Is Australia facing the first recession in 20 years?

    Aus is not in recession, nowhere near it, and one is not likely, we'll muddle through. But I've joined in to say that things are starting to look good for the US. I [like many] never thought that possible but happy to be wrong. It is the massive gas discoveries that will make the difference...
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    Is Australia facing the first recession in 20 years?

    A billion here, a billion there, pretty soon you are talking big money.
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    Is Australia facing the first recession in 20 years?

    It sure FEELS like a recession if you are not involved with mining. SMEs in the east are doing it tough.
  10. S

    Is Australia facing the first recession in 20 years?

    Caught everyone by surprise. The $A up 1c too.
  11. S

    Is Australia facing the first recession in 20 years?

    Townsville would be doin' OK by comparison but it isn't beer and skittles here either. A lot of small retail/light industry premises are vacant. My business which catered to the small end of town is now worthless. I am dumping thousands of dollars worth of equipment nobody wants. We need...
  12. S

    Is Australia facing the first recession in 20 years?

    You're new here Sylvester and may not understand that many here read literally. Welcome, BTW.
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