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So, nonrecourse, with those views are you fully in cash? How do you plan for a depression? besides gold? I would guess if a depression were to occur, property would lose just as much percentage wise as shares. Most of the highly leaveraged share investors are already out of the game. Not...

What a terrific statement. I agree, and looks like I agree with Hired Goon too. Australia is short of fruit and vegetable pickers. Short of abbator workers, farm workers, miners, engineers etc. So why are we fiiling Sydney and Melbourne with imigrants. The cities are mainly service...

That's an impressive figure from the mining industry, if correct. Employing 1.5% of the workforce, and contributing almost 10% to GDP! GDP is in itself a measure of goods and SERVICES. So mining is big, in an ecomomy that is mostly services, and where 75% of the workforce is employed in...

Ha ha. The only thing that couldn't last was financials being 40% market capitalisation of the Australian equity markets like they were not so long ago. What a flippen embarrasment. How many times can money be churned over and over and people make a profit out of it. Great to see mining...