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yeah saw the movie on the advice of a Buddhist Monk. maybe I should ask him for some stock tips.

I agree it is seriously difficult to know when a crisis is going to hit, even to the nearest year. I spent hundreds of hours reading various expert opinion about what pre-empted it. I think what made GFC difficult to predict was alarm bells had been ringing for so long, everyone was ignoring...

A lot of bears were concerned about an impending crisis (including me), but few knew the year or month or stock market peak (including me). If anyone who believes another serious crisis is coming, I challenge you to pick a year, let alone a quarter....and elaborate rational reasons for it.

Xstrata are prks imho....and the way our polies deal with foreign investors shows Australia still has an inferiority complex. You can excuse the private sector for trying to turn a fast buck, but not those (public service) who think they deserve a turn protecting Australia's long term interest...

Remind me again why we have had amongst the highest rates in the world. If higher rates represent a higher reward for risk, why is Australia considered such a high risk for foreign capital, that we need to pay a higher reward?

If all us good folk keep pushing house prices up to a point where loan default rates sky rocket as interest rates approach their long term median, Stevens realizes he will have been made redundant. Why? THere won't be any pull side inflation once we are all committing 40%+ of gross income to...