Excellent. Australia has a brand new mining tax just in time for a huge correction in commodities. Yesterday we mentioned the probability that the bond crisis in Europe was inherently deflationary. Europe’s debt reckoning will result in massive deleveraging in the financial system. And the last time that happened, a lot of long-term speculative bets on commodities were liquidated.
November 23rd, 2011 | Dan Denning | 1 comment | ContinuedAll Posts Tagged With: "US Federal Reserve"
The US Economy’s Bread and Circuses
When it comes to the US Economy, there aren’t so many questions. Nobody doubts the full faith and credit of the US government. Not yet anyway. And nobody doubts the Fed will backstop America’s public debt…by printing as much money as it needs to.
November 21st, 2011 | Bill Bonner | 0 comments | Continued
US Economy Slows… Again
The US economic forecast seems hardly to be improving. Even the Fed says the sky is getting darker.
November 4th, 2011 | Bill Bonner | 0 comments | Continued
Don’t Buy the A-REITs
“Australia stands out like a beacon because the yields here are much greater than other parts of the world,” says AMP Capital Brookfield chief investment officer Kim Redding. He tells Bloomberg that, “If you like the Aussie dollar and you like yield, Australian LPTs would be a pretty good place to be.”
October 20th, 2009 | Dan Denning | 2 comments | Continued
