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Imminent and severe market correction

Sounds good , but I'd lock em all up too , forge and utter , felony fraud , conspiracy to felony fraud ......... and anything else I could get the Attorney Generals dept to boil them in oil with .
 
You have my Vote.
 


Sounds a bit like Bill C just before it became public that he had a bulk discount deal with the local drycleaner..
Cheers
.............Kauri
 


Amen !!
 
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/01/28/bcnspain128.xml

Spain in trouble by the look of this - have to wonder what value if any these MBS' have... could cause problems for European union and euro

This is big indeed. Forget Northern Rock, this is a whole country at risk! And they have sold all their gold already - the cupboard is bare!

https://www.aussiestockforums.com/forums/showpost.php?p=150699&postcount=64


From April 07

 

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Aussies still pay more. The tax regime is ridiculous, but you have to look at the total tax take. Oz's is just rather less transparent than UK.

Re: Our Dear Leader. Will be annihilated we we get a chance to vote. We are looking forward to a brand new branch of the Bildibergers in the not too distant (but still too long) future.
 

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=429764&in_page_id=3

Maybe Dubbya should post everyone in the World a cheque for $800 ? Globilisation after all .....
 
Re: Our Dear Leader. Will be annihilated we we get a chance to vote. We are looking forward to a brand new branch of the Bildibergers in the not too distant (but still too long) future.

The next UK general election will result in a hung parliament, according to
the latest ComRes poll for The Independent. Slip sliding away. :karaoke:
 
Can't disagree with you Wayne , done public service , ground my teeth down over tax , wife still works in our State Parliament , true democratic house here , missus is union delegate and I'm a fully paid up Lib, just to stir her I call Peter Reith my hero , we always debate taxes , her colleagues must be sick of me by now , petrol excise is plain theft , we're paying gst on it .

We do know that , we [ all of us ] , mean diddly to them .

But the tax regime here is bogus tax upon tax , then we pay gst on the total .
The inbuilts in buying goods and timber , can get aid to manufacture on steel , not on timber . Cars , they're a joke , then there's luxury tax on a bloomin' Statesman , they made it up .

Through the whole election debate not one candidate mentioned petrol excise , must be saving that for a blue moon .

But Australians compared to UK residents aren't crammed together inner city , they haven't had to deal with decisions of swing or switching currencies and they haven't suffered the high asset inflation most of Englands gone through . We've seen a portion of it , but the UKs dynamics have a cost premium 6/10 Aussies could never afford .

I don't mean to sound biased by this , but the Pound rose heavily , in fact it was one of my calls going back yonks , I had a 60% weighting on it pre 1.70's . I thought it would see a swarm of Poms hunt the sun out down here , don't think that quite happened as planned . I looked upon it as a true reserve currency , and my father would tell me of how we use to have our money put away in Consols for generations . That was then though the good old days I suppose . But now London is another world a big one , if you can afford it [ London ] why would you want to leave ? I know bias again ..........
But it's cheaper than Rome and that place is crumbling away , and their banks service stinks .

I remember the last time we were in POG heaven clearly , the AUD fetched 1.20 USD , not many realise it , but it's the strong AUD that's keeping the fuel prices within a comtemptable , but begrudgingly , acceptable range here .

The Septics complain about $3.50 a gallon , we pay $1.50 a litre , even with arbitrage we're burning liquid gold to go shopping . They should look at the arbitrage price and times it by 3.783 .

How much are you slogged in the UK now ?
 
The next UK general election will result in a hung parliament, according to
the latest ComRes poll for The Independent. Slip sliding away. :karaoke:
Gerrymander!!!!! Plenty of time for the economy to fall in a heap before then though.
 
.

How much are you slogged in the UK now ?
~£1.05/lt

But I'm spending less on juice than Oz. Most places I use are walking distance and the car I bought gets 50mpg

I pity the status anxious consumer commuters who have hocked themselves up on 4x4s and driving 20-30 miles to work and back. That must be hurting.
 
Wonder when the German Landesbanks start declaring that they are holding E80bn in bad debt...
Guten Morgen
..........Kauri
 
Wonder when the German Landesbanks start declaring that they are holding E80bn in bad debt...
Guten Morgen
..........Kauri

Mein Gott! When will it all end??

Not anytime soon I don't think.
 
Mein Gott! When will it all end??

Not anytime soon I don't think.

GW is on top of it...
US House of Representatives passed the $146 bln package but it still has to go through the Senate where changes are expected. The house plan raises GSE and FHA loan limits..
 
The Australian newspaper warns that an economic shock has hit China with China accounting for 13.6% of Australian exports. And this after the reports that Japan may already be in a recession and accounts for 17% of Australian exports.

Also reports that MFS has frozen redemptions on a $770 mln investment fund (Melbourne Age )

RUMOURS (unconfirmed!!) that broking house Tricom has seen its solvency come into question after being unable to cover the cost of trades on Tuesday. http://business.theage.com.au/tricom-debts-cover-in-doubt/20080129-1our.html

and another warm day in Perth...

Kauri
 
Some good reading for those after a daily fix of doom and gloom or harsh reality which ever you prefer


http://www.opednews.com/articles/1/opedne_sharon_k_071117_hey_buddy_2c_can_you_s.htm



http://www.abc.net.au/worldtoday/content/2007/s2055693.htm

 
More bad news, keep it coming!
Perhaps its time to hock the boat and the house.... before..... ???

Just joking!

It is time to hock the boat and house! And mind my own business!


In mid 2003 I went to see a financial adviser at the Commonweath Bank's, Colonial. To my surprise the adviser talked me out of investing in shares. Shares had been falling for a couple of years and the adviser was confronted everyday by investors whom had invested their life's savings only to have them plummet. It was all too much. I wonder what happened to this adviser. Now, how easily forgotten.

I feel sorry for all the retired Superannuation investees, although some have had it good for a few years now!

Look after your own money!
 
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