Search results

  1. topcropper

    Recession/Interest rates. This is going to end badly!

    Well, I'm not positive of the details, but isn't any income earner, making under 80k getting the handout, yet the only farmers getting the handout are those on drought support? So I sure as hell won't be getting it. What are you talking about here..?? See ya's. ps. A quick...
  2. topcropper

    Recession/Interest rates. This is going to end badly!

    I've never voted labor, never will, and I've never met another farmer who voted labor but I'm sure there is one out there. I also regard Keating as some mungrel who tried to take my farm off me and my family over 20 years ago with 20%+ interest rates. However, I just heard him talk on ABC's...
  3. topcropper

    Recession/Interest rates. This is going to end badly!

    Nope. manufacturing has declined over the last half century, and especially in the last decade with globalisation. Globalisation is where countries specialise in what they are good at. Australia is good at digging stuff out of the ground. See ya's.
  4. topcropper

    Recession/Interest rates. This is going to end badly!

    Nope. The bull goes up the stairs. The bear jumps out the window. It will be a while away. See ya's.
  5. topcropper

    Recession/Interest rates. This is going to end badly!

    Too right. It's just that it's harder to state the bearish view here than the bullish. That's why I respect the bearish views on somersoft. This is such a forum full of eternal optomists, that the bearish view is valuable. The real eternal bears are elsewhere, where they are surounded by bears...
  6. topcropper

    Recession/Interest rates. This is going to end badly!

    I agree there. The US should have had a massive recession in 2000. The stockmarket was at never before seen multiples. Then along comes Sept 11, and interest rates crash, and off we go again. See ya's.
  7. topcropper

    Recession/Interest rates. This is going to end badly!

    I hope your right then. However my thoughts would be the buyers [Asian steel makers] want the negotiations to happen as soon as possible because they know the new prices will more than halve and this will put them back into profitability. The sellers [BHP, RIO,] want to delay the contract...
  8. topcropper

    Recession/Interest rates. This is going to end badly!

    All I've said is that the commodities boom is over. Nothing about commodities being dead at all. Commodities are the basic building blocks of society, food energy metals etc. The world will always need commodities. Not so financial service companies or other crap I can think of. Besides, I still...
  9. topcropper

    Recession/Interest rates. This is going to end badly!

    1. Dunno. There will be another commodity boom, dunno when. 2.Yes. Back to before the commodity boom. Problem is though, that we now have less manufacturing, much more % services and our standard of living is so much higher and we are geared to boom times, not bust. 3. Our agriculture...
  10. topcropper

    Recession/Interest rates. This is going to end badly!

    I believe Australia is going into a severe recession, and this has been obvious since China hit the wall. In hindsite it was crazy to think China could decouple from the rest of the world. I also believe the economic crisis has been mainly caused by the entire western world living beyond it's...
Back
Top