Financial markets and institutions are mighty unstable no matter where you look these days. Europe, America, China, Australia. Where are you supposed to go to invest your money?
February 11th, 2012 | Nickolai Hubble | 1 comment | ContinuedArchive for Nickolai Hubble
Having recently escaped from academia, Nick decided to drop his tights (the required attire of a trapeze artist) and joined Port Phillip Publishing. Instead of telling everyone about the Daily Reckoning, he now spends his time writing for the weekend edition.
The First Casualty of the Currency Wars
Can Australia’s currency continue its rampage while exporters burn? The currency wars have been going on quietly here at home for some time now. And going by the state of our exporters, we’re losing.
February 4th, 2012 | Nickolai Hubble | 3 comments | Continued
A Question of Currency: Should Australians Invest in the Fourth Reich?
The first thing to think about, if you’re a foreign investor in another region, is currencies. Well, it may not quite be the first thing, but keep in mind: movements in currencies can make or break investment returns.
January 30th, 2012 | Nickolai Hubble | 0 comments | Continued
What’s the Plan with War With Iran?
In the face of economic meltdown, pick a fight… A nice list of reasons to worry about a war with Iran was sent to our inbox on Tuesday…
January 21st, 2012 | Nickolai Hubble | 6 comments | Continued
China – The BRIC About to Smash Through Australia’s Windscreen
The BRICs – Brazil, Russia, India and China – are supposed to be the upcoming economic boomers of our age. In fact, the BRICs theory was our first exposure to the world of economics. But now part of the story is looking a little shaky.
January 21st, 2012 | Nickolai Hubble | 0 comments | Continued
Is the Australian Stock Market ‘A Class Joint’ For Your Money?
You’d think the Australian stock market would be doing rather well. But how is the Aussie index ASX200 really holding up?
January 14th, 2012 | Nickolai Hubble | 2 comments | Continued
6 Things Governments Might Do To You This Christmas
The break over Christmas is a pretty convenient time for politicians to spring something unexpected on you. Well, unexpected for those who don’t read the Daily Reckoning, that is.
So here is a list of things the governments of the world might unleash on you and your portfolio over the holidays:
December 24th, 2011 | Nickolai Hubble | 7 comments | Continued
Nero, Bonaparte and Hitler Walk Into an Economic Union
The latest news out of Europe is that British Prime Minister Churchill Cameron refused to surrender sovereignty to the rest of the EU. Those on the continent have tied themselves to the Euro like tree huggers saving the forest.
Welcome to the House of Debt
Aussies have bid up the price of houses to absurd levels using debt. The debt that the mainstream will tell you doesn’t matter. But it does.
December 10th, 2011 | Nickolai Hubble | 4 comments | Continued
Where There’s Smoke, There’s Libertarians
It was a weekend of jaywalking with a smile, lighting up cigarettes indoors and plotting ways to ‘sow seeds of doubt’. The inaugural Australian Mises Seminar took place last weekend in a secret location in Sydney. Somewhere between the Deutsche Bank and Royal Bank of Scotland buildings.
December 3rd, 2011 | Nickolai Hubble | 5 comments | Continued
What’s Under Bernanke’s Kilt?
On Wednesday, perverted central bankers went well beyond showing the markets some leg to tempt investors into buying. Instead, Bernanke and his prurient friends at the central banks of Europe, Japan, Switzerland, England and Canada full on flashed investors.
December 3rd, 2011 | Nickolai Hubble | 1 comment | Continued
Banking Crisis Anatomy
Did bankers around the world learn their lesson in the banking crisis of 2008?
Yep, they sure did. They learnt the lesson that when they get into financial trouble they can expect the government to bail them out. That’s why they are back in exactly the same fix again today.
But wait, ‘exactly the same fix’?
November 26th, 2011 | Nickolai Hubble | 2 comments | Continued
Goldman Sachs Facts
A cynic would point out that both the new Greek and Italian leaders are Goldman Sachs insiders. As is the new European Central Bank president, Mario Draghi.
But why does Goldman Sachs’ influence matter?
November 19th, 2011 | Nickolai Hubble | 0 comments | Continued
Political Solutions to Economic Problems
You’ve heard all about Europe’s economic problems for a while now. What of solutions? Here is our attempt to sum them up for you: This round hole won’t fit into its square peg. In other words, they’ve got it wrong and backwards.
November 19th, 2011 | Nickolai Hubble | 1 comment | Continued
The Australian Gold Matrix
Things continue to boil over in Europe. On Wednesday, Italy’s fiscal crisis worsened to the point they staged a media blackout. SBS informed viewers hoping to catch the Italian news that their Italian broadcasting partner had failed to submit anything.
November 12th, 2011 | Nickolai Hubble | 5 comments | Continued
