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@Austacker and august 2011 1 Australian Dollar = 1.0391 U.S. dollars . Just like Max has been saying for years, USD is falling at the speed of light against other (fiat) currencies) and Gold is speeding to warp 7
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The Australian economy is tied to China and this bubble in Sydney is still going with the average price well over 700,000. The incentive have well and truely finish with housing still rising. You can buy my house cheap for 690,000
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Interesting that Roger Lewin, in his book, "Complexity" which is based on Complexity Theory in Mathematics, implies that increased volitlity in any system is mathematical indication that system is on the verge of Chaos. Applied to the stock market, chaos is when there are no longer observable patterns, therefore no way to "logically" invest with any hope of success. One is still free to "illogically" invest all they want.
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@clearasvodka CDs suck
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I'm happy to live in a small country where people are trying to earn their money with actual work. We are ignoring stock market developments and housing bubbles because we know that all of this became a casino in the past 100 years. You like this. We don't.
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Yes you can in fact make $200 to $5,000 per day from the comfort of your own home by learning to trade Oil. My name is David, I'm a scientist and trader, and four years ago I discovered that the entire Oil market doesn't really trade, rather the price of Oil is controlled by a computer, I broke this computer code 4 years ago, which allows you to know which direction Oil is going to go before it goes there. Google "Oil Trading Academy" and learn how to make money trading Oil.
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@Austacker Same here in USA. Home values will gradually fall back to the normal 3.5 times the average annual income. People are losing their shirts ;(
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Heads need to roll.
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anyone who voices a free thought on the Apartheid Wall or Zionist's starving the people of Gaza to death immediately gets a vote from the IDF spies. Go outside and walk your dog and do something meaningful in your life.
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Capitalism, is the only form of economics that keeps the palying field level.
All others SUCK.
Get out of markets and get into CDs? hahaha! Brilliant! Gold 1 to 1 with the Dow Jones? Yes! Gold bullion? Yes! Silver Bullion? Yes! END THE FED? Yes!
clearasvodka 1 year ago 9
I live in Sydney Australia. Housing Bubble isn't even an accurate description of what's going here. In Sydney, the average house price here is over HALF A MILLION DOLLARS Aud. Which in USD is a solid 450k.
The markets here absolutely insane and what's more, the government is aiding and abetting this scam with Tax payer dollars in incentives and hand outs either directly or through the taxation system.
IT"S A SCAM AND AUSTRALIANS THINK EVERYTHING IS JUST SWELL!!!
Austacker 1 year ago 3