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US can "get away with debt" because they own the world's reserve currency. When they print, we all suffer hot money flows and higher commodity costs. No one else has this weapon. US wants a lower dollar due to its trade war with China, who refuses to let their currency rise. If China let...

There seems to be more evidence of a bubble now in Chinese properties. The government seems most concerned about real estate inflation as well as non-core. We are still keeping our fingers crossed there will be a soft landing. Given the PRC's govt stats, somehow that might just "happen"

Its the return of the A$9 Australian Sandwich!!!! Well these days Australians can be comforted in the knowledge that they appear to be doing very well asset wise - on paper or realized if they choose to cash out. There are not many developed nations that can boast such conditions presently...

This is to be expected - yesterday on my screen I saw the S$ @1.2004 and realized its just a matter of time until it goes sub 1.2 to 1.19. With the dollar this weak, and the A$/S$ hitting such highs this report is priced in US$ so that's why its so expensive. With the Fed on hold until 2013 it...

When China slows down, they order less iron ore from Australia, BUT infrastructure development will continue in China, when the economy speeds back up again. China must reign in its inflation problem @6.5%, which seems to be coming down at this point........ You have to remember that the...

The so called slowdown is currently a 9% growth story, with inflation hopefully peaking in July. All China has to do is wait a few months for some more cooling And then its stimulus time again, and The boom times are back once again (unless the EU/US situation gets worse)

Poor Axe 168. This past week has been the best we have ever had. T+3 settlement means the money is already in our accounts. The joy, the euphoria - its so sweet. This is it. So just ignore all the negative news coming out of the EU, the US, and of course Australia. Recession? Nah, don't...

Another day of pure bliss! Can things get any better We feel like were just minting money here.

warning......gold margins being raised! hearing some increased to 22%...... careful people this might spur a dip...........

Its shocking how much unrealized gain occurs in mere minutes. Time to pop the champagne again!!!! Especially after bourses here close, there will be smirks aplenty. Here's to the volatility! Trichet........dont stop the party now....we're too busy raking it all in

The US can print when others cant - because the US$ is the world's reserve currency. And they can get away with it too. Right now the biggest crisis is in fact the EU - ECB buying Spanish and Italian bonds is frightening economists worldwide, more so than US debt downgrade.

We are indeed living in interesting times. We decided to book profits and hedge the rest. Looks like a very healthy 1 year return for our clients and some obscene profits may yet be realized once Ben speaks on Tues and the China numbers look good. China is really all we have left now. There...

But its not a loss in realized terms. Its only a loss as its being reported in our grossly overvalued S$ @ 1.21. MAS has actually made a tidy sum when correlated. I can tell you policy is under threat right now as MAS cannot allow currency appreciation as a hedge against inflation forever...

Actually China has more than that. The Chinese Govt has been secretly buying and masking purchases from the UK, plus direct purchases this year. Japan is in crisis mode too with the yen @79.

Tax the rich? - isnt that what Australia does? Isnt that what Clinton did? Is that what created budget surpluses there ten years ago? Didnt Clinton manage to reduce the debt from 80% of GDP to 50%? Seems like history is repeating itself in the US - Rich Republicans want to keep enjoying the...

We refer to those types as legal loansharking what

Very skewed. The S$ is @1.25 and the A$ is at 1.06. so its all very relative. SG is getting more expensive though.

2 threads on "Australian happiness Survey" - what is wrong with you?

U poor thing. People in the West are happy because of lifestyles. U are happy because "australia has resources" and that makes you very happy! Somehow Australia's resources is responsible for your "happiness" while other Westerners are enjoying their lives, freedom. But its lost on you, you...

Many people do. But the ex-Singaporeans like you and Axe - its all you can think or talk about. Money, money money money money And nothing else but money