Double-Dip Recession – Whatever happened to that?
What ever happened to the Armageddon-style Global Financial Crisis Mark II. You know the one… The double dip recession that we were meant to have. The end of America…. leading to the end Europe and the the euro zone. Which would bring China down and lead to the end of prosperity as we know it here at home in Australia. I’m still waiting… But as yet, nothing. Have the doomsayers got it wrong? Have the press over cooked the fear mongering? Is the world in a far better place than...
Read MoreOne of Australia’s richest men is doing this… Should you?
You want to jump on a hot trend? Easy. Find out what the rich are doing with their hard-earned money and copy them. Here’s a good example… James Packer recently bank-rolled two online retailers to the tune of $80 million. …and that wasn’t even enough to buy the whole company, he ended up with 40% of it, valuing it at $200 million. Now you’d think that company would be a US-based business, but in fact it was a little, old Australian outfit called, Catch of the...
Read MoreIs a big Australia a big problem?
I don’t get too political with my emails to you… I decided a long time ago that regardless of what political parties are in power, I would become a proactive observer and attempt to profit from either their stupidity or brilliance. …but this discussion about slowing population growth is rubbish! If either Gillard or Abbott want to slow how many people come in to this country, here’s what they have to do. …put the brakes on the economy. They both know that –...
Read MoreBad news for all investors!
I bet you’re confused about what’s happening in the economy right now. I certainly am. Reading all the headlines, you’d think we’re on the cusp of a property crash and diving into another global crisis via a double-dip recession. Run for the hills!! Add an election to the mix and you’ve got a recipe for massive procrastination. So what can we make of it all? Let’s see if I can help… I think the Reserve Bank of Australia went way over the top with its...
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