“Decade of pain predicted for public services,” was the headline on Friday’s Guardian from London. The reason for the decade of pain is the obvious one. Tax receipts are down – because of the depression. Governments are caught in a bind.
July 28th, 2009 | Bill Bonner | 0 comments | Continued Our DR Global Editions: 
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Every now and then, when prejudices can be stood aside, Denninger gets lucid :
http://market-ticker.denninger.net/archives/2104-How-Far-Down-The-Rabbit-Hole-Must-We-Go.html
quote
"The Truth is that we now require ...
Ross | 22Mar10 | More -
Scientella: "How can I bet against the Australian house market?"
Joining the Scientellagists is a good first step. As our leader, ...
John | 22Mar10 | More -
Yeah, I wasn't planning on rushing to Zim in a hurry either, merely pointing out that Greece and Japan are ...
wtf | 22Mar10 | More -
How can I bet against the Australian house market?
scientella | 22Mar10 | More -
I met a crew last Winter who were destroying a perfectly good bridge (according to their own admission) and replacing ...
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Anti discrimination laws??? So i can't say its the FIRB rules not being enforced allowing in chinese and poms to ...
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Oops just to make clear. If the status quo remains Im still optimistic. Despite some setbacks the status quo is ...
Lachlan | 21Mar10 | More -
SV I like the tone of your posts. I am an optimist but in a sense that precludes a continuation ...
Lachlan | 21Mar10 | More -
SV: "I can see one positive of every worker having somewhat lower income - we all will pay less tax!"
I ...
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BP - no I don't think WA will close all the mines at all, just that it will dig less ...
SV | 21Mar10 | More
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Every now and then, when prejudices can be stood aside, Denninger gets lucid :
http://market-ticker.denninger.net/archives/2104-How-Far-Down-The-Rabbit-Hole-Must-We-Go.html
quote
"The Truth is that we now require ...
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