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  1. boz

    Are credit conditions easing?

    I like Trichet, I think it is good that he follow the the mandate that is not about economy growth but about stability and inflation. I don't see how the US Japan and other major economy superstimulation is having long lasting effect. The only thing I see as consequence of stimulation is...
  2. boz

    Are credit conditions easing?

    Good luck with that! If things are all good and business as usual RBA will keep control. If things turn around and things are not rosy RBA and Australia with its borrowers will have to pay a premium to keep economy stable and money keep coming into the country, RBA will have little control on...
  3. boz

    Are credit conditions easing?

    It is freaking scary that the reality corrispond to consumer sentiment.
  4. boz

    Are credit conditions easing?

    Shadow, every RBA rate rise is a big step in credit tightening. The string it is always the same and if you have financial company easing credit you'll end up with a higher rates from RBA. The ultimate goal of RBA is to have a long term sustainable increase of credit market. I think RBA is...
  5. boz

    Are credit conditions easing?

    we will see...(couldn't read all the Terrry McCrann crap). The thing is that Australian's quite don't like what american are doing and quite like the idea of be different from them and rejecting any Fannie and Freddie stuff. But one day you can have a commodity chrisis and inflation/high...
  6. boz

    Are credit conditions easing?

    Today my view on credit condition easing or not is that it is wrong to try to identified a trend in that, the matter is too volatile to make any bet on wich direction is going, this at least in Australia. Who can exclude that if things gets really bad in australia we don't get credit backed...
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