Who thinks there will be a slump?

[Bill M]

Bill empty your inbox!!!!!!

Sorry about that, all done now, cheers.

 

[explod]

Is there going to be a slump ???

http://www.jsmineset.com/2011/12/05/is-the-world-spinning-out-of-control/

 

[young-gun]

Is there going to be a slump ???

http://www.jsmineset.com/2011/12/05/is-the-world-spinning-out-of-control/

europe - as good as gone
china - hard landing, or crash landing?(seems to have fallen in the shadows of europe)
US - more debt than any other nation in the world, quite possibly more than European union combined, who knows anymore

perhaps the mayans were economists, and their calender was predicting the end of the financial world in 2012?

if it can make it that far.

 

[sptrawler]

Interesting today, ANZ saying it won't necassarily follow the reserve bank, with interest rate movements.
This is the problem with one dimensional monetary management. The reserve bank wants to control inflation, and all it has at its control is interest rates.
This is the sledge hammer to break a wallnut problem.
The banks have to be the buffer between the reserve bank and the market realities.
If the government was serious about sorting the underlying problems in the economy, they would make adjustments to the tax system.
But that doesn't look good on the 6 o'clock news.

 

[Aussiejeff]

Mini slump in commodities markets overnight. Energy & precious metals all down around 5% or so.

Have a nice day!