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Forum: Australia
Oct 14th 2008, 3:25 am
Replies: 139
Views: 11,491
Posted By savanna454

Re: OZ ECONOMICS DOWN THE DUNNY?

Exactly my thoughts

OZ media keep saying how rich China is and how OZ is going to continue to feed off its 9% growth/internal consumption/infrastructure growth etc.

I don't believe it!
Forum: Australia
Oct 14th 2008, 12:54 am
Replies: 139
Views: 11,491
Posted By savanna454

Re: OZ ECONOMICS DOWN THE DUNNY?

Yeah and they turned down $4bil earlier this year but hindsights a great thing!
Forum: Australia
Oct 12th 2008, 12:53 am
Replies: 139
Views: 11,491
Posted By savanna454

Re: OZ ECONOMICS DOWN THE DUNNY?

I'd second that Exile!

OZ GDP versus Personal debt ratios are staggering

As for the view that the China/OZ Commodities party will continue in isolation to world events - a house of cards in...
Forum: Australia
Oct 11th 2008, 7:24 am
Replies: 139
Views: 11,491
Posted By savanna454

OZ ECONOMICS DOWN THE DUNNY?

Hi folks

This guy was on the ABC 7.30 report earlier this week.

http://www.debtdeflation.com/blogs/

I guess he is the pessimistic balance to the optimism of the politicians wrt the OZ...
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