The masks are coming off. It’s the end of the party, now we get to see what people really look like. Yesterday, the Dow lost another 203 points. Investors are down 44% so far this year. Worldwide, they’ve lost $10 trillion this month – far worse than the crash of ‘29.
October 29th, 2008 | Bill Bonner | 1 comment | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
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The Markets
All Ordinaries 4847.50 -42.60
S&p/asx 200 4830.20 -42.00
Sse Composite Ind 3074.58 +6.83
Gold Mar 10 1107.40 +0.00
Crude Oil Apr 10 79.85 -0.83
Nikkei 225 10824.72 +80.69
DJIA 10741.98 -37.19
S&P 500 1159.90 +0.00
Ftse 100 5591.92 -58.20
2010-03-22 01:36 Most Comments
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- Australian Housing More Unaffordable in 2010 (201)
- Australian House Prices Are Severely and Seriously Unaffordable (184)
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An article from the age nearly 2 years ago...
http://news.theage.com.au/business/mortgage-stress-could-grip-1m-aussies-20080424-28av.html
2 year old article.. House prices have increased, number of loans ...
Stillgotshoeson | 22Mar10 | More -
hmmm.... some very interesting thoughts.
I don't know how some people think China, India, Australia will be fine in the the ...
prozak | 22Mar10 | More -
Hi Justin. I personally don't think anything will extinguish debt, other than perhaps war or currency inflation. The Euro can ...
Sambo | 22Mar10 | More -
Fekete an extremist!?
I think not, the extremists are those passing off debt as the 'ultimate extinguisher of debt'. How can ...
Justin | 22Mar10 | More -
Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
Ross | 22Mar10 | More -
I'd agree that 40 years is too far ahead, SV. Even ten is a stretch of the imagination.
SV: "...if more ...
Biker Pete | 22Mar10 | More -
SV - yeah maybe, but I'd still rather be on the owning side of the situation.
Dan | 22Mar10 | More -
Alas, the lessons will STILL go unlearned by the financial sector. Every single time they are bailed out or 'too ...
Sambo | 22Mar10 | More -
BP: re: AMP loan. Some drop. State Custodians offer 5.89%, 0.6% cheaper.
Dan: doesn't your scenario actually mean "We'll all be ...
SV | 22Mar10 | More -
The population just hit 22,200,000. It's growing at 2.1% per year. Skill shortages (already looming) will necessitate increased migration, whether ...
Biker Pete | 22Mar10 | More
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An article from the age nearly 2 years ago...
http://news.theage.com.au/business/mortgage-stress-could-grip-1m-aussies-20080424-28av.html
2 year old article.. House prices have increased, number of loans ...
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