With a combined GDP of $8.7 trillion in 2010, the BRIC economies already account for 45% of global economic growth
February 13th, 2012 | The Daily Reckoning | 0 comments | ContinuedResources
Commentary on global resources such as oil, food and energy, by your Daily Reckoning editors in Melbourne, Australia. Still haven’t subscribed to the Daily Reckoning? What are you waiting for… sign up here, it’s free!
A chronological listing of articles is below.
Vulnerable to External Influences – The Economic State of Australia (Part I)
Australia’s future is inextricably linked to China and the commodity “super boom”. Australian economic prospects remain vulnerable to international developments outside its control.
February 9th, 2012 | The Daily Reckoning | 2 comments | Continued
When Emerging Markets Shape the Developed World
Try to imagine a world in which today’s emerging markets have more economic power, and vastly more people, than today’s leaders.
February 8th, 2012 | Bill Bonner | 0 comments | Continued
The End of the Iron Ore Age
The golden age of iron ore profits is ending for Australia. Europe’s banking system is slowly going bust because of the government debt crisis. Europe is a big customer of China’s. China is a big customer of Australia’s.
February 8th, 2012 | Dan Denning | 0 comments | Continued
What the RBA Index of Commodity Prices Doesn’t Tell You
A whole sector of the commodities complex that’s in a long-term bull market isn’t measured by the RBA’s commodity prices index. Do you realise what this means?
February 7th, 2012 | Dan Denning | 0 comments | Continued
Natural Gas: The Big Transition in Energy
Today we look at why energy is becoming a flash point in Europe and how natural gas is taking centre stage. First, though, we’d like to announce a changing of the guard in the leadership of the resources market.
February 6th, 2012 | Dan Denning | 1 comment | Continued
On the Edge of Evolution: An Investment Story in Three Acts
Today’s story is how the investment world you live in came to be…and how we’re on the edge of a great leap forward…or a great leap into a deep abyss. If you don’t have time to read it, go over to Facebook and tell everyone you’re too busy to read about the most important investment story of your life.
February 1st, 2012 | Dan Denning | 2 comments | Continued
5 Reasons Why the US Prefers War with the Middle East
The US has been at war in two out of three years since 1989. The interesting thing about it is that 1989 marked an historic juncture. It was the year that the US had no more worthy enemies.
January 31st, 2012 | Bill Bonner | 2 comments | Continued
The Energy Empire of the Sun
We take up the issue of national power and real energy in today’s Daily Reckoning. And we take it up because the fate of nations and the welfare of men and women are directly related to how much sunlight we all get. All power—from the stored solar energy in fossil fuels to the sunlight that makes food grow—comes from energy.
January 30th, 2012 | Dan Denning | 16 comments | Continued
The Link Between Japan’s Economy and Australia
Japan’s economy posted its first trade deficit since 1980. This is a country whose entire economic model has been based on exporting manufactured goods to the rest of the world. But for 2011, the Japanese ran a trade deficit of $2.6 billion.
January 25th, 2012 | Dan Denning | 0 comments | Continued
How Australia’s Terms of Trade is Riding the Dragon
Today’s terms of trade boom exceeds anything Australia has seen in previous booms. The wool booms in the 1920s and the 1950s – both war related – helped Australia ride the sheep’s back to prosperity. This time, Australia is riding the Dragon’s back to prosperity.
January 23rd, 2012 | Dan Denning | 6 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
Debts With Unsolvable Insolvency
Even before debt became such a big problem, real growth had already begun to disappear from the developed world. There has been none in Japan for the last 20 years…and almost no real growth in the US private sector for the last 10 years. In Europe, grosso modo, the story is similar.
January 18th, 2012 | Bill Bonner | 0 comments | Continued
My Crystal Ball for the Markets in 2012
There are great opportunities, but also the potential for painful setbacks. The sentiment, of course, applies to all markets – and life in general. Welcome to 2012. What opportunities and surprises can we look for in the year ahead? Some thoughts…
January 17th, 2012 | Chris Mayer | 1 comment | Continued
