For at least a thousand years, the business cycle went round and round without help from central bankers or economists. It is only since these geniuses have been on the case that really serious problems have arisen.
November 2nd, 2009 | Bill Bonner | 4 comments | Continued Our DR Global Editions: 
Saturday, March 20th, 2010
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The Markets
All Ordinaries 4890.10 +12.40
S&p/asx 200 4872.20 +9.10
Sse Composite Ind 3067.75 +21.66
Gold Mar 10 1107.40 -20.00
Crude Oil Apr 10 80.68 -1.57
Nikkei 225 10824.72 +80.69
DJIA 10741.98 -37.19
S&P 500 1159.90 -5.92
Ftse 100 5650.12 +7.50
2010-03-19 01:38 Most Comments
- Majority of Australians Believe House Prices Will Rise in Next Twelve Months (292)
- A Date for an Aussie House Price Collapse (251)
- Australian Housing More Unaffordable in 2010 (199)
- Australian House Prices Are Severely and Seriously Unaffordable (184)
- Tell Us What Questions You Want Answered in the DR (173)
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Recent Comments
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Hi Stillgotshoeson, I am bearish for US, UK & Europe, I am bullish for Global & very bullish for Australia. ...
nick | 20Mar10 | More -
The problem Nick with your "trickle down " theory is it is a farce...
The mining companies well may face a ...
Stillgotshoeson | 20Mar10 | More -
Interesting summary, Nick. It's likely that some locations are 'alarmingly overvalued' and some are dirt cheap. The latest three-bedroom, two ...
Biker Pete | 20Mar10 | More -
Australian properties are alarmingly overvalued, they are the most expensive in the world (median house price to median income ratio). ...
nick | 20Mar10 | More -
Don't forget the delightful 60% increase in electricity prices for NSW - coming to a state near you! Will this ...
Don | 20Mar10 | More -
CA, oilprice and China
http://www.nytimes.com/2010/03/20/business/energy-environment/20saudi.html?pagewanted=1&hp
Ross | 20Mar10 | More -
Doesn't look all that good over there, does it Shoes?!~
""When people are on a bigger income, they tend to borrow ...
Biker Pete | 20Mar10 | More -
Over on the east side of Australia though.....
http://www.heraldsun.com.au/news/resurgent-victorian-housing-market-putting-borrowers-under-strain/story-e6frf7jo-1225843006608
Stillgotshoeson | 20Mar10 | More -
You're correct... I'm speaking 'in the present'. Given our situation, I think your assertion that I'm 'the grasshopper' in Aesop's ...
Biker Pete | 20Mar10 | More -
M3 data is not very accurate tho Prozac, it tends to overstate monetary inflation. Unfortunately I cant find any TMS ...
Anon | 20Mar10 | More
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Hi Stillgotshoeson, I am bearish for US, UK & Europe, I am bullish for Global & very bullish for Australia. ...
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