Money and Finance
All we have in Australia, at its simplest, is a credit bubble built upon a commodity boom dependent for its sustenance on an even greater credit bubble in China. Of all the bubbles I have seen over the last 30 years in this industry, this one is even more obvious than the rather prominent nose on my increasingly haggard face.
- Hubris And Other Signs Of Trouble ‘down Under’
Australia is rich in iron ore, coal and copper … and its stock of hubris seems to be growing. After a recent trip to the “quarry in China’s backyard” SocGen’s Dylan Grice is even more worried about its economy than he was beforehand. It seems...
- China 2012: The Year Of The Bull (rogers) Or The Bear (chanos)? - By Janet Tavakoli
When I think of a China bull and a China bear, I think of the legendary dueling Jims: Jim Rogers and Jim Chanos. In response to investors bearish on China, Jim Rogers famously said: “I find it interesting that people who couldn’t spell China 10 years...
- China's Epic Hangover Begins - By Ambrose Evans-pritchard
Found via Mish.China's credit bubble has finally popped. The property market is swinging wildly from boom to bust, the cautionary exhibit of a BRIC's dream that is at last coming down to earth with a thud. It is hard to obtain good data in China,...
- Australian Housing Market 'a Time Bomb'
Thanks to Dah Hui Lau for passing this along. THE Australian and British housing markets are the last two bubbles left in the wake of the financial crisis, and it is only a matter of time before they crash, warns legendary US investor and co-founder of...
- Bubbles, Jobs And Investment Tips: Jeremy Grantham Visits Wharton
"Career risk and bubbles breaking, that is all that matters."-This was how Jeremy Grantham, cofounder, Chairman and active member of the asset allocation division of GMO, began his presentation to Wharton students on February 17, 2009....So how does Mr....
Money and Finance
Albert Edwards on Australia: the biggest bubble in recent history
All we have in Australia, at its simplest, is a credit bubble built upon a commodity boom dependent for its sustenance on an even greater credit bubble in China. Of all the bubbles I have seen over the last 30 years in this industry, this one is even more obvious than the rather prominent nose on my increasingly haggard face.
- Hubris And Other Signs Of Trouble ‘down Under’
Australia is rich in iron ore, coal and copper … and its stock of hubris seems to be growing. After a recent trip to the “quarry in China’s backyard” SocGen’s Dylan Grice is even more worried about its economy than he was beforehand. It seems...
- China 2012: The Year Of The Bull (rogers) Or The Bear (chanos)? - By Janet Tavakoli
When I think of a China bull and a China bear, I think of the legendary dueling Jims: Jim Rogers and Jim Chanos. In response to investors bearish on China, Jim Rogers famously said: “I find it interesting that people who couldn’t spell China 10 years...
- China's Epic Hangover Begins - By Ambrose Evans-pritchard
Found via Mish.China's credit bubble has finally popped. The property market is swinging wildly from boom to bust, the cautionary exhibit of a BRIC's dream that is at last coming down to earth with a thud. It is hard to obtain good data in China,...
- Australian Housing Market 'a Time Bomb'
Thanks to Dah Hui Lau for passing this along. THE Australian and British housing markets are the last two bubbles left in the wake of the financial crisis, and it is only a matter of time before they crash, warns legendary US investor and co-founder of...
- Bubbles, Jobs And Investment Tips: Jeremy Grantham Visits Wharton
"Career risk and bubbles breaking, that is all that matters."-This was how Jeremy Grantham, cofounder, Chairman and active member of the asset allocation division of GMO, began his presentation to Wharton students on February 17, 2009....So how does Mr....