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Search: Posts Made By: wilf70
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Forum: Australia
Dec 28th 2010, 1:38 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Question Re: The Great Australian Property Swindle

Just found an interesting article on zerohedge concerning gov't enforced reduction in number of cars on Beijings roads.This was slipped under the markets radar under cover of the rate rise.Less...
Forum: Australia
Dec 28th 2010, 1:16 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Question Re: The Great Australian Property Swindle

The top end tends towards being an early indicator of where the money is going[or not].For example a lot of 'insiders' on Wall street have been selling out quite large tranches of shares across many...
Forum: Australia
Dec 28th 2010, 12:42 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Question Re: The Great Australian Property Swindle

Just seen an article on the unconventional economist site that addresses much of this conumdrum[title; Investors shun Oz bank debt].To make it more attractive to investors have to raise interest...
Forum: Australia
Dec 28th 2010, 12:21 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Question Re: The Great Australian Property Swindle

If Australia wishes to continue to attract externel funding[most of the banks seem to get it from these sources]then it must retain high interest rates.The carry trade in particular will very quickly...
Forum: Australia
Dec 27th 2010, 1:36 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Exclamation Re: The Great Australian Property Swindle

Because of to many eggs in one basket--as the world economy moved on to synthetic fibres etc;the sheep trade in Oz suffered a massive contraction which led to severe econ/social problems for farmers...
Forum: Australia
Dec 27th 2010, 12:58 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Question Re: The Great Australian Property Swindle

Australia has experienced three great economic booms-the first was the gold strikes of about 1880;the second was the wool trade,and the third is china[22% of all exports go there].The first and...
Forum: Australia
Dec 27th 2010, 12:29 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Exclamation Re: The Great Australian Property Swindle

If you wish to see an article on raised chinese interest rates;then see Mish's global economic trends.But trying to give a possible answer to my own question;higher rates=less spending power=lower...
Forum: Australia
Dec 26th 2010, 12:52 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Exclamation Re: The Great Australian Property Swindle

Believe that the chinese raised their interest rates on christmas day and to come into effect on Sunday---is this correct.If it is Oz will probably follow suit--yes?? or No???:rolleyes:
Forum: Australia
Dec 5th 2010, 1:19 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Talking Re: The Great Australian Property Swindle

Pomtastic--thank you for the website recommendation--will read with interest.Hope you are keeping well and christmas is not going to be to much of a strain[[its driving me potty already!!!]:rolleyes:
Forum: Australia
Dec 5th 2010, 12:29 pm
Replies: 1,008
Views: 103,437
Posted By wilf70

Exclamation Re: The Great Australian Property Swindle

As a slight side issue to this very interesting discussion---please have a read of todays Sunday Times supplement.It has an article on the Irish housing boom and bust.For those of you;of a reflective...
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