It’s an argument we see and hear all the time in Australia – “Spend on roads, spend on ports to reduce bottlenecks, spend on schools,” and so on. Well, if you want to see the longer term impact of infrastructure spending and how it isn’t the golden egg laying goose, just take a look at America today.
September 23rd, 2010 | Kris Sayce | 26 comments | ContinuedAll Posts Tagged With: "Infrastructure"
David Murray Says You Become Dependent on Global Banks When Importing Capital
There we were watching Lateline, waiting for the rain to stop at Edgbaston so the cricket could begin, when David Murray, Chairman of Australia’s Future Fund, began making so much sense we could hardly write it down fast enough. And it wasn’t his comments about buying non-government guaranteed corporate debt that got us so excited.
July 31st, 2009 | Dan Denning | 18 comments | Continued
Invest in China’s Geeks and Guts
Trying to make any headway in this market is like trying to move around in a barrel of molasses. Meanwhile, there is a steady drumbeat of bad news in the press. One bit of news that grabbed Chris Mayer was that China officially passed Germany as the third largest economy in the world, behind the U.S. and Japan. Below, he explains why this is an important tidbit for investors to pay attention to. Read on…
January 21st, 2009 | Chris Mayer | 3 comments | Continued
Train Travel is Going to Make a Comeback in the United States
In America, taking the train is tough. There aren’t many. But James Kunstler is sure there will soon be more. Mass transit, he believes, will be forced upon us by the price of energy…
July 29th, 2008 | Bill Bonner | 1 comment | Continued
The Infrastructure in the United States
How’s the infrastructure in the United States? A reporter from the Financial Times gives us an update: “On the pot-holed highway to hell,” to he calls it. If anyone doubts the problems of US infrastructure…
May 12th, 2008 | Bill Bonner | 1 comment | Continued
