The upside of a severe and painful depression is that the much needed adjust in the economy would finally happen. The flow of credit to productive enterprise and real risk-taking (value creating) activities could resume.
April 23rd, 2009 | Dan Denning | 25 comments | 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 5650.13 +7.51
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
-
"btw, i still love america, and the american way, just because the flushers in washington d.c. don't work anymore, just ...
fred | 21Mar10 | More -
Biker Pete - "dig up more holes will slow down": I was referring to a likely reduction of exploration and ...
SV | 21Mar10 | More -
If it truly is Armageddon, Maslow's hierarchy gives us a few clues. ;)
If it's a mere correction, the two ...
Biker Pete | 21Mar10 | More -
SV - so when one door closes another one opens?
so its just a matter of working out what will grow ...
GB | 21Mar10 | More -
Some great points made here. Any crash will present opportunities, as the last correction amply demonstrated.
My own query relates to ...
Biker Pete | 21Mar10 | More -
Dan D: "What can I do to protect myself against a crash in China?"
My question: why should I?
Apart from short-term ...
SV | 21Mar10 | More -
There are four forces working against China's export orientated economy at the moment
1. The factories in coastal cities are having ...
GB | 21Mar10 | More -
"Yes it will have some dire consequences for our children, unless they are handed down a house - and it ...
Biker Pete | 21Mar10 | More -
I cannot help but think that house prices are being gloablised, and as a result they show price characteristics similar ...
nick | 21Mar10 | More -
second paragraph, second line, first semicolon......
kaboom !
goodness gracious, nothing but a couple of warm beers left to put me to ...
baal | 21Mar10 | More
-
"btw, i still love america, and the american way, just because the flushers in washington d.c. don't work anymore, just ...
© 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