Oz falling from high
Jun 1st 2011 | 1:52 pm
#76
Not allowed opinions.
Joined: Nov 2009
Posts: 4,565
From: Sydney
Re: Oz falling from high
We’re doomed I tell yer, we’re all gonna die. I can see the future and its all over for us.
BE Groundhog day (again)
(again)
(again)
Give it a rest lads.
BE Groundhog day (again)
(again)
(again)
Give it a rest lads.
Jun 1st 2011 | 2:42 pm
#77
BE Forum Addict
Joined: Oct 2009
Posts: 2,237
From: Perth
Re: Oz falling from high
Background reading: http://www.segra.com.au/pdf/HaslamMc...ereedPaper.pdf and http://www.abc.net.au/cgi-bin/common...nt/s806367.htm.
Jun 1st 2011 | 2:44 pm
#78
Lost in BE Cyberspace
Joined: Jun 2008
Posts: 5,463
From: Brisvegas
Re: Oz falling from high
Where's Bondy? Blame him, he must be due for another stint in Wooroloo.
Jun 1st 2011 | 2:53 pm
#80
BE Forum Addict
Joined: Jul 2010
Posts: 2,442
From: Melbourne
Re: Oz falling from high
The boom and bust nature of the economy here, as it's so dependent on resources and agriculture. Home loan interest rates of 17%, little things like that. Some people on here seem to want a downturn so that they can buy property at the very bottom of a depressed market.
Background reading: http://www.segra.com.au/pdf/HaslamMc...ereedPaper.pdf and http://www.abc.net.au/cgi-bin/common...nt/s806367.htm.
Background reading: http://www.segra.com.au/pdf/HaslamMc...ereedPaper.pdf and http://www.abc.net.au/cgi-bin/common...nt/s806367.htm.
Jun 1st 2011 | 2:54 pm
#81
(It's not my real name)
Joined: Sep 2002
Posts: 12,469
From: Ilukapool. WA
Jun 1st 2011 | 3:13 pm
#84
Not allowed opinions.
Joined: Nov 2009
Posts: 4,565
From: Sydney
Re: Oz falling from high
I have learned two things from economists:
1. Most of them are raving left wing lunatics with barely hidden agendas.
2. None of them could tell you what will happen tomorrow.
I might remind readers that the millions of economists in the world today sat back and didn’t see the GFC coming. Economists were also the idiots who thought the Euro common currency was a good idea.
(I might also point out that the very thing that led to the GFC, Securitisation, is making a comeback. Last year, there were just two or three US dollar investors looking at European asset-backed securities, but now the figure is closer to 30)
1. Most of them are raving left wing lunatics with barely hidden agendas.
2. None of them could tell you what will happen tomorrow.
I might remind readers that the millions of economists in the world today sat back and didn’t see the GFC coming. Economists were also the idiots who thought the Euro common currency was a good idea.
(I might also point out that the very thing that led to the GFC, Securitisation, is making a comeback. Last year, there were just two or three US dollar investors looking at European asset-backed securities, but now the figure is closer to 30)
Jun 1st 2011 | 3:45 pm
#87
BE Forum Addict
Joined: Aug 2010
Posts: 1,210
From: Not Brisbane
Re: Oz falling from high
I have learned two things from economists:
1. Most of them are raving left wing lunatics with barely hidden agendas.
2. None of them could tell you what will happen tomorrow.
I might remind readers that the millions of economists in the world today sat back and didn’t see the GFC coming. Economists were also the idiots who thought the Euro common currency was a good idea.
(I might also point out that the very thing that led to the GFC, Securitisation, is making a comeback. Last year, there were just two or three US dollar investors looking at European asset-backed securities, but now the figure is closer to 30)
1. Most of them are raving left wing lunatics with barely hidden agendas.
2. None of them could tell you what will happen tomorrow.
I might remind readers that the millions of economists in the world today sat back and didn’t see the GFC coming. Economists were also the idiots who thought the Euro common currency was a good idea.
(I might also point out that the very thing that led to the GFC, Securitisation, is making a comeback. Last year, there were just two or three US dollar investors looking at European asset-backed securities, but now the figure is closer to 30)
Jun 1st 2011 | 4:44 pm
#88
Home and Happy
Joined: Dec 2002
Posts: 94,307
From: Keep true friends and puppets close, trust no-one else...
Re: Oz falling from high
Jun 1st 2011 | 5:22 pm
#89
BE Enthusiast
Joined: Apr 2007
Posts: 691
Re: Oz falling from high
I have learned two things from economists:
1. Most of them are raving left wing lunatics with barely hidden agendas.
2. None of them could tell you what will happen tomorrow.
I might remind readers that the millions of economists in the world today sat back and didn’t see the GFC coming. Economists were also the idiots who thought the Euro common currency was a good idea.
(I might also point out that the very thing that led to the GFC, Securitisation, is making a comeback. Last year, there were just two or three US dollar investors looking at European asset-backed securities, but now the figure is closer to 30)
1. Most of them are raving left wing lunatics with barely hidden agendas.
2. None of them could tell you what will happen tomorrow.
I might remind readers that the millions of economists in the world today sat back and didn’t see the GFC coming. Economists were also the idiots who thought the Euro common currency was a good idea.
(I might also point out that the very thing that led to the GFC, Securitisation, is making a comeback. Last year, there were just two or three US dollar investors looking at European asset-backed securities, but now the figure is closer to 30)
Jun 1st 2011 | 5:36 pm
#90
BE Forum Addict
Joined: Mar 2009
Posts: 1,412
Re: Oz falling from high
There are a wide variety of economists with disparate motivations, theories and experiences. Some got it right, some got it wrong and some were paid to say a certain thing. Lumping them all together is a convenient way of sticking your head in the sand.
