Australia’s future is inextricably linked to China and the commodity “super boom”. Australian economic prospects remain vulnerable to international developments outside its control.
February 9th, 2012 | The Daily Reckoning | 2 comments | ContinuedAll Posts Tagged With: "economies"
Emerging Markets vs. Submerging Economies
Markets will react to the fundamental problem – no matter what the pundits and politicos say. They will mark down asset prices in the debt-burdened economies… The Great Correction is at work.
May 25th, 2010 | Bill Bonner | 12 comments | Continued
A Period of Positive Collapse
The commentators have it all wrong. Look on the bright side. The world economy is not in a period of negative growth. It’s in a period of positive collapse! That’s why the Great Depression was so great, after all. What’s positive about this depression is that it is clearing away a generation’s worth of mistakes, misallocations of resources and misplaced confidence.
March 10th, 2009 | Bill Bonner | 0 comments | Continued
