All Posts Tagged With: "credit bubble"

post thumbnail

Dodging a Contraction - It’s an Election Year

Yes, that is what it is… a credit bubble that is deflating. The tide is going out, as Warren Buffett puts it. Now we see who’s been swimming naked. Not a pretty sight. So ugly, in fact, that people can’t stand to look.

March 13th, 2008 | Bill Bonner | 0 comments | Continued
post thumbnail

Wiping the World’s Greatest Credit Bubble From History

One action alone won’t solve it - not even if that one action does come from Warren Buffett. Or the White House. Or the Federal Reserve. But altogether? And what if we throw in an extra $3.3 trillion of foreign government finance, pouring out of the oil- and export-rich sovereign wealth funds of Arabia and Asia? Might that be enough to wipe the world’s greatest-ever credit bubble from history?

February 14th, 2008 | Adrian Ash | 3 comments | Continued
Subscribe to the Daily Reckoning

© Copyright The Daily Reckoning Australia & Port Phillip Publishing Pty LTD 2008 All rights reserved.

Port Phillip Publishing Pty Ltd holds an Australian Financial Services License: 323 988. View our Financial Services Guide.

ACN: 117 765 009 ABN: 33 117 765 009

Port Phillip Publishing
Attn: Daily Reckoning Australia
PO Box 899
Braeside
VIC 3195

Tel: 1300 667 481
Fax: (03) 9558 2219