But is there really going to be a round two? Well, if the first incorrect assumption was that Australia didn’t have a bad debt problem, the second assumption is probably even more dangerous. It’s more dangerous because it’s the single most unexamined assumption behind much of Australia’s economic prosperity. The assumption is that we’ll always have China.
March 18th, 2010 | Dan Denning | 30 comments | ContinuedAll Posts Tagged With: "China’s economy"
A Date for an Aussie House Price Collapse
But we’ve done plenty of homework on the Aussie housing market. We’re either right or we’re wrong. Our forecast is not an option. There is no time decay. True, there may be people out there who are weighing up whether now is a good time to buy a house based on predictions about the direction of prices.
December 2nd, 2009 | Dan Denning | 251 comments | Continued
Invest in China’s Geeks and Guts
Trying to make any headway in this market is like trying to move around in a barrel of molasses. Meanwhile, there is a steady drumbeat of bad news in the press. One bit of news that grabbed Chris Mayer was that China officially passed Germany as the third largest economy in the world, behind the U.S. and Japan. Below, he explains why this is an important tidbit for investors to pay attention to. Read on…
January 21st, 2009 | Chris Mayer | 3 comments | Continued
China’s Economy Could Experience a Post-Olympics slump
Your Most Honourable Chief Reckoner Dan Denning mentioned the possibility of a post-Olympics slump in China’s economy recently. Something similar to Sydney. A slow-down in the economy as all the tourists and competitors head home, taking their spending money with them. Best of luck to any athletes travelling Qantas. The swimmers should be fine.
August 26th, 2008 | Dan Denning | 2 comments | Continued
The Chinese Work Their Way Up the Ladder, As Americans Work Their Way Down
Now, China has the money – the biggest pile of dollars in the world. And soon it will have the most powerful economy. It won’t be too much longer before Chinese leaders will want to throw their weight around.
May 13th, 2008 | Bill Bonner | 8 comments | Continued
Chinese Consumer Will be an Extremely Influential Factor in the Years Ahead
China’s real GDP grew by a fantastic 11.2% in 2007. There is no doubt that China’s economy is booming and in 2007, its trade-surplus doubled when compared to a year earlier. Moreover, retail sales in China have been growing at 14% per annum for many years…
March 12th, 2008 | Bill Bonner | 3 comments | Continued