“The US is not alone in facing a deficit crisis,” reports the U.K.’s Telegraph. “Governments worldwide have to raise some $6 trillion in debt this year, with huge demands in Japan and Europe. Kyle Bass from the US fund Hayman Advisors said the markets were ‘choking on debt’”.
May 27th, 2009 | Dan Denning | 2 comments | Continued Our DR Global Editions: 
Friday, March 19th, 2010
-
-
The Markets
All Ordinaries 4877.70 +10.80
S&p/asx 200 4863.10 +9.90
Sse Composite Ind 3046.09 -4.39
Gold Mar 10 1124.00 +0.00
Crude Oil Apr 10 82.27 -0.66
Nikkei 225 10744.03 -102.95
DJIA 10733.67 +47.69
S&P 500 1166.21 +0.00
Ftse 100 5653.90 +9.27
2010-03-18 01:36 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)
Search
Archives
-
Recent Comments
-
very interesting responses.
wtf & I were referring to the article comparing Japan to Greece and the other inaccurate statements made ...
prozak | 18Mar10 | More -
Hey did you guys notice the Stockland CEO say that his company's product, house and land packages, were unaffordable for ...
Andy | 18Mar10 | More -
I think am gonna try this out.
King Modo | 18Mar10 | More -
yes john, I was doing a bit of the noble savage thing there.read the book then see the new movie. ...
89peterg | 18Mar10 | More -
Dan: "We've thought about it and we think the best answer is to retire now."
Probably very few here are well-placed ...
Biker Pete | 18Mar10 | More -
The key question is when and there may be earlier triggers than China.
The focus of the CCP will ...
Coffee Addict | 18Mar10 | More -
Clearly our 'One-Star-Fairy' _also_ believes the Brits have have abandoned Sterling for the Euro... . :)
Biker Pete | 18Mar10 | More -
I think you have the point their Ross, in your final sentence. Fed buys the bad loans from the banks, ...
Sambo | 18Mar10 | More -
All 7 responses above have merit for mine. On sovereign debt, the sound of the alarm bell is most ...
Ross | 18Mar10 | More -
From [B]usiness [S]pectator today;
Housing shortage set to accelerate: HIA
 Industry body calls for urgent government response to stem looming crisis.
Are the ...
Justin | 18Mar10 | More
-
very interesting responses.
wtf & I were referring to the article comparing Japan to Greece and the other inaccurate statements made ...
© Copyright The Daily Reckoning Australia & Port Phillip Publishing Pty LTD 2010 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