All of our economic problems are caused by the Federal Reserve creating the excess of money and credit that produced the bubbles in stocks, bonds, houses and size of government, but doesn’t have to be electronic money made from electronic credit.
May 5th, 2009 | Mogambo Guru | 1 comment | Continued Our DR Global Editions: 
Sunday, March 21st, 2010
-
-
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)
Search
Archives
-
Recent Comments
-
Shoes: "I think stocks will be fine because I have them" "I think property will be fine because that's what ...
Biker Pete | 21Mar10 | More -
Shoes: "I think we will have a correction and then we will get better..."
I think our kids may say: "I ...
Biker Pete | 21Mar10 | More -
"We need less government.."
Words cannot convey how much I agree with that Shoes.
Lachlan | 21Mar10 | More -
Where our deficits go..
To quote David Galland at Casey's.
"The city council has awarded Sydney artists Michaela Gleave and Kate Mitchell ...
Lachlan | 20Mar10 | More -
@Lachlan
Comment by Lachlan on 20 March 2010:
We need less expensive governments.
We need less government...
My mind boggles trying to understand why ...
Stillgotshoeson | 20Mar10 | More -
@Biker Pete
Comment by Biker Pete on 20 March 2010:
Interesting summary, Nick. It's likely that some locations are 'alarmingly overvalued' and ...
Stillgotshoeson | 20Mar10 | More -
My theory.
Oz has some good things going for it but some bad too.
Credit is tight for OZ consumer domestic now.
Money ...
Lachlan | 20Mar10 | More -
@nick
Hi Stillgotshoeson, I am bearish for US, UK & Europe, I am bullish for Global & very bullish for Australia. ...
Stillgotshoeson | 20Mar10 | More -
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
-
Shoes: "I think stocks will be fine because I have them" "I think property will be fine because that's what ...
© 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