Meanwhile, mischief is still afoot in the world of superannuation. Australian super assets under management exceed $1.2 trillion. That’s the fourth largest pool of investable savings in the Western world.
November 11th, 2009 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "credit crunch"
Apparently More Debt is Now Acceptable in Australia
He added that, “There is enormous concern in China about the US currency and the fact that there could be huge losses ahead for China if the American dollar falls…HSBC research shows that China does not face that risk in Australia. Global investors who want to invest in China can do so via Australia with far less risk.
August 20th, 2009 | Dan Denning | 7 comments | Continued
Surely Gold Will Trade at One Times the Dow
“It is about five years since I first read the DR and agreed with your recommended ‘trade of the decade.’ At that time it was clear to anyone who saw the busts of 1974, 1991 and 2001 that the next one was imminent…
July 30th, 2009 | Bill Bonner | 5 comments | Continued
Central Banks’ New Money is Piling Up
“Quantitative Easing” it is called. As a refresher for readers with real lives and better things to do, QE is how central banks describe what is essentially an act of counterfeiting. They buy bonds with money created – electronically – specifically for that purpose.
May 25th, 2009 | Bill Bonner | 6 comments | Continued
Credit Crunch Is Overpowering Current Investment Banking Model
It is not the end game yet. But we are getting closer to an important inflection point in the credit crunch. The investment banks are capitulating. And none too soon, considering the whole financial system is galloping off a cliff. The current investment banking model is, quite obviously, not built to withstand a credit crunch. Why? Investment banks borrow short term so they can buy long-term assets. So far so good.
September 18th, 2008 | Dan Denning | 0 comments | Continued
Calling What’s Happening in the Economy a “Credit Crunch” is Misleading
It’s not something that just happens – and then it’s over. More likely, it is the beginning of a trend. Interest rates (real and/or nominal) tend to go up and down in long cycles that last about a generation – 25-30 years…
September 2nd, 2008 | Bill Bonner | 3 comments | Continued
The Great Dollar-Based Credit Expansion is Coming to an End
We’re sticking with our views and our investments – either until we’re proven wrong or we go broke, or both…
August 20th, 2008 | Bill Bonner | 0 comments | Continued
More Cash and Credit: How the Economy got Here in the First Place
This time, the financial authorities aren’t even opening the medicine cabinet. They’re afraid the patient couldn’t stand the treatment. Instead, they’re administering the old elixir that got the economy into serious problems in the first place – more cash and credit.
March 5th, 2008 | Bill Bonner | 0 comments | Continued