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"A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors from their own money or money paid by subsequent investors, rather than from any actual profit earned". Take out the word fraudulent But doesnt this describe the world of credit on which our entire...

Here is the latest from the evrgreen robert kiyosaki - he still pushing the superannuation armagedon angle. qte Posted on Monday 24th August 2009, 12:00AM "Is the crisis over?" is a question I am often asked. "Is the economy coming back?" My reply is, "I don't think so. I would...

Ausprop - clever but no cigar! You have forgotten that for along time leading up to the olympics everyone pointed to that single event as being a major reason for Chinese economic turnaround. Leading up to the olympics this - leading up to the olympics invesment levels will be...

Blue card Your strenght of rhetoric says more about you than what you actually say. I have spent lots of time doing business in China - have you? You make 5000 years Chinese financial history sound like a success! I dont see too many avearage chinese workers driving subarus and living...

Good arguements topcropper, but i reckon the gfc also just happen to coincide with the olympic games, beijing closing industrial shop, creating shipping chaos, etc etc.. Its one big juggling act out there these days, everything and everyone is intertwined like never before. And with...

Topcropper - i think that most people would admit that the old adage of the USA getting sick the rest of the world catches a cold is not longer necessarily true. Things have changed. But yes that is a major connundrum - that we are all relying on china yet china relies heavily on the usa to...

The markets dont really know whats going on. The increased risk appetitie mearly means the easing of credit. Access to more money by the machine means that demand increases. The rise in gold is partly due to the fact that this increase in cashflow has no real direction and therefore alot...