China is today’s big story. Throughout the world’s media there is much buzz and blather about the “romance”…the “historic relationship”…between the two titans.
November 19th, 2009 | Bill Bonner | 0 comments | ContinuedAll Posts Tagged With: "world economy"
Reader Mail Plus the Race for Arable Farm Land
Maybe we’re wrong. Maybe we’re right. But we’re certainly not in doubt: there is a race for scarce tangible resources (especially arable land) and we’re willing to bet a few Aussie companies can profit from that in the long term.
October 13th, 2009 | Dan Denning | 0 comments | Continued
A Flawed Theory on How to Manage an Economy During a Recession
Your editor spent last night in a discussion with a querulous and drunk Aussie over the stimulus. “It looks like it worked to me,” he said. “Only world economy still growing. GDP up. We’ve got China. Looks like Ruddy and Swanny know what they’re doing. You’re just a hack. You’ve never run a country. And you’re a Yank!”
October 13th, 2009 | Dan Denning | 100 comments | Continued
Underlying Demand During a Housing Shortage
That is clever to suggest that when rates rise people will have to find another way to say that houses are affordable. But we reckon when rates rise, as they eventually must, a lot of new home buyers will find out that access to cheap credit does not make a house affordable. It just makes the amount of debt you owe to the bank a lot larger.
September 30th, 2009 | Dan Denning | 41 comments | Continued
What Evil Sends Investors Running to the Protection of Gold?
The press attributed this week’s rise in gold to benign causes. The end of the world seems to have been postponed – indefinitely. Bloomberg reported that a clear majority of those polled thought the world economy was recovering.
September 14th, 2009 | Bill Bonner | 1 comment | Continued
4 Ways to Protect Against a Falling Dollar
The US dollar is in bad shape. Over the past several years, the federal budget deficit has shot up like money is going out of style – and maybe it is.
September 9th, 2009 | Jim Nelson | 0 comments | Continued
Americans Have No Money to Spend Because They Already Spent It!
From Florida, comes news of the first drop in population in 60 years. “Unemployment is soaring,” reports USA Today. “Florida is second to California on foreclosures.”
Yes, dear reader, there is trouble in the sand states…
September 3rd, 2009 | Bill Bonner | 1 comment | Continued
Seems Everyone is Speculating on the Banks
“Public assistance enables the world’s largest 15 financial firms to return to the capitalization they had in September 2008,” the article continues. The largest of the largest, HSBC, is now judged to be worth $186 billion, according to the stock market.
September 2nd, 2009 | Bill Bonner | 2 comments | Continued
World Economy Has Never Been in a Fix Like This
What we suspect is that the upward trends of the last half a century have now reversed. We’re in a period when the excesses and mistakes of the boom/bubble period must be corrected.
September 1st, 2009 | Bill Bonner | 7 comments | Continued
The Codependent Relationship Between China and the United States
Each enabled each other’s excess. China added mightily to the world’s supply – far more than was actually needed. America, meanwhile, did heroic work on the demand side.
August 24th, 2009 | Bill Bonner | 7 comments | Continued