Comments on: Is There More Upside to the Aussie Market?

By: cb

cb — Tue, 23 Mar 2010 05:33:57 +0000

Nick, SV – Your cynicism regarding the growing army of government minions, not to mention the unholy communion of politics and big business, is amply justified. Sometimes I think that ignorance of these matters would be bliss. Knowledge of them is nothing short of depressing.

By: cb

cb — Tue, 23 Mar 2010 05:23:07 +0000

Fitch – I fear that your description of our banks’s off balace sheet assets might be too close to the truth for our own good. When it all falls into a heap, we must never forget, it is not the banksters or the politicians who will pay for the bailout.

By: SV

SV — Tue, 23 Mar 2010 02:50:05 +0000

PF – in my view, house price crash or drop does not mean the end of the world as we know it. The world as we know it includes a degree of sanity. The current prices don’t. Which means they don’t belong to this world.

By: SV

SV — Tue, 23 Mar 2010 02:49:48 +0000

PF – in my view, house price crash or drop does not mean the end of the world as we know it. The world as we know it includes a gedree of sanity. The current prices don’t. Which means they don’t belong to this world.

By: Peter Fraser

Peter Fraser — Tue, 23 Mar 2010 00:45:53 +0000

Nick – we have moved from “how do we stop house prices crashing” to “how do we stop house prices from going to the moon”

That is a significant shift.

By: Nick

Nick — Mon, 22 Mar 2010 22:59:56 +0000

Peter…no one is saying the world is ending, any more than those who endured WW1, WWW11 and countless conflicts prior to that. The issue is to recognise a crisis so that there is some chance that we can survive it, financially and/or otherwise, should the crisis turn to reality. Prior to all the conflicts of the past everything was “rosy” until it hit. Those that sensed that there was a potential of a crisis ahead put their “house” in order to at least stand a chance to weather the storm. Those that didn’t heed the warnings were wiped out. This is fact, engraved in history and the hearts and minds of those who lived it. The horrors they saw gave them much more reason than us to think the world was ending..but they didn’t. Neither should we.
However, if we are to listen to those who ONLY preach that all is well and there is no negative side to the trends both locally and abroad. Who try to convince us to believe that Government and Media propaganda is “gospel”. To believe that Govt. and big business has only our interest in mind, and NOT to question their motives. Then we deserve to suffer the consequences.
I would rather listen to someone who gives the pros and cons than one who only gives the positive view. What makes them any different to a used cars salesman who only gives you the rosy side?

By: Peter Fraser

Peter Fraser — Mon, 22 Mar 2010 21:50:42 +0000

For all the negative discussion surely it must have become apparent to you guys that the world as we know it is not ending.

China is NOT falling over, and house prices are NOT falling.

By: Nick

Nick — Mon, 22 Mar 2010 11:36:01 +0000

Fitch…amen to that!

By: Fitch

Fitch — Mon, 22 Mar 2010 11:21:36 +0000

Yes indeed Nick and it’s this very important aspect of Government collusion that boosts further the imputed GDP that adds ever increasing numbers of public serpents to ignore your correspondence.

By: Nick

Nick — Mon, 22 Mar 2010 11:12:02 +0000

etch…the chemical reaction with the ingredient of the sunscreen and the sun is being linked to skin cancer. Do you remember the product ‘Pink Zinc” used on the noses of kids years ago? Well that product is forbidden to be used on cats and dogs. So we use it on kids instead??? Slip slop slap campaign made everyone drown their kids in stronger and stronger sunscreen, without questioning it. Liver & kidney disease is also being linked to the transdermal (absorbed through the skin) creams.
Just like the 60 minutes program on Sunday showed, blind Freddy can see there is something going on but No authority is listening. (remind you of the Madoff affair? )
When your kid had a sniffle, first thing everyone did was put them on “antibiotics”. Another one I warned against years ago and the industry laughed. Now they are telling all GP’s NOT to recommend antibiotics for common colds as it reduces the immune system. “Helloooo!!! Cigarette smoking was also an accepted thing. “Experts” said it was safe. If you stood on a mountain top and yelled out that smoking causes lung cancer, think of the roar of laughter. Show me the evidence they would say! Now what are they saying? Drug companies finance governments in a big way. Do you seriously think they will shoot the golden goose?
I can go on forever, however, this is basically an economic forum so I will not digress except to stress the point that this is no different to the financial deception that is being rammed down our throats.