All attempts to reflate the system are failing. Leverage is collapsing. Next on the docket is a series of interest rate cuts by Central Banks. They RBA will probably lead off that global parade today at 2:30pm in Sydney. How big will the cut be? It will be 50 basis points for sure. But if the RBA really wants to make a splash-and give the banks room to pass on the reduction to borrowers-it will be a full percentage point.
October 7th, 2008 | Dan Denning | 7 comments | Continued Our DR Global Editions: 
Monday, March 22nd, 2010
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2010-03-22 01:36 Most Comments
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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 -
Additionally to BP's comment, consider projected population growth, globally and for Australia (approximately doubling in 40 years), and what it ...
Dan | 22Mar10 | More -
OK... take 2005, Shoes. Percentage spent on mortgage: 32.1%. That's 3.1% higher than today's figure of 29%.
My point, subtle ...
Biker Pete | 22Mar10 | More -
@BP Nit picking "specific dates" is pointless...
also depends the figures you want to use the % ranges ...
Stillgotshoeson | 22Mar10 | More -
Troy, 11.000005 century BC. Upon seeing the horse the Trojans replied: "Don't look a gift house in the mouth, Laocoön!"
John | 22Mar10 | More
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Nobody that is incorporated globally wants to confront the liquidation. There isn't any sovereign or corporation to call in ...
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