It makes sense to me, how can you go to war and tell your enemy that you can only fire1 bullet? You need to be loaded with guns and ammo so that your enemy will respect you and you won't need to use any of your bullets.

Spain says there must be no limit set on ECB bond buying

Good stuff and they are welcome here. Australians are friendly, we have a large Chinese speaking population and Mandarin is popular in schools

Chinese to become biggest spenders as record numbers head overseas

True, but tell this to the consumers who are not convinced, they still fear for their jobs and are spending less than before

The S&P500′s Stairway to Heaven

It could be funds or institutional players rebalancing their portfolio. It doesn't mean that the EZ countries can get out of the hole they are in without devaluation and debt writedown or money printing, or both

Italy To Run Out Of Liquidity To Cover Its Deficit Shortfall By Year-End - BofA Merrill

Not for long, the EUR needs to come down....

Italy To Run Out Of Liquidity To Cover Its Deficit Shortfall By Year-End - BofA Merrill

Print money and write off debt or print money and spend it on projects therefore managing the economic decline caused by the austerity measures. How else can you have austerity and growth at the same time?

For Europe's Economy, a Lost Decade Looms

Good point but at the end of the day it comes down to yield vs risk and if the yield isn't going up and risk is all over the place, going up and down then we should expect a rally and then reality hits etc etc so sideways movement like before ...

The S&P500′s Stairway to Heaven

LOL I don't do indices, been busy enough with FX, but sure it is possible that market sentiment will drive the S&P price up for a while and then reality will hit and it will come down and then it will go up again etc etc

The S&P500′s Stairway to Heaven

I'd normally go long on property but the UK in general is in trouble because their biggest customer (the eurozone) are hurting and are likely to be hurting for a long long time. However, IMO the resilience is likely to stay because the UK won't be ...

Every Briton now worth £110,000 as resilient property market boosts net worth

Lol I'm sure they can create a new product out of thin air and make us bet on it...

Every Briton now worth £110,000 as resilient property market boosts net worth

Guest , Nice ideas BUT the price of a stock is representative of a company's ability to make money. The western world is currently screwed and apart from the gadget tech companies eg Apple, company profits aren't likely to increase any time soon so ...

The S&P500′s Stairway to Heaven

Lol, they've been backing Greece for over 2 years as well and although this is a different pill it will have the same side affects. Those conditions will hurt and they will be hard for the Spaniards to swollow They need growth which isn't ...

Merkel Says Germany Backs Draghi’s ECB Aid Conditionality

We don't know what they are going to do next. I have a short on and its in profit, even if it goes up a bit it will come down later, it always does

UK Retail Sales, July 2012

They are different markets so they are not easy to compare but the main problem with the US was market oversupply and too easy finance which turned nasty a couple of years later. Australia never had such problems and our mortgages have a variable ...

Australia House prices unlikely to slump, RBA says

yes sure, people who go to the olympics are cashed up and spend big plus stay in hotels, eat in restaurands and before they leave they buy heaps of souvenirs. I should know, I live it a couple of times while working for a TV network

UK Retail Sales, July 2012

Early retirement is fine when you can afford to pay pensions but the Europeans have an ageing population so they need to keep working.....

Early Retirement for the Eurozone?

bought and TP but I'm not buying again because IMO it hasn't retraced fully

UK Retail Sales, July 2012

its due to the Olympics, next month it will be -20%

UK Retail Sales, July 2012

It comes down to supply and demand so prices have to increase. We are not building enough properties to keep up with our increasing population. At the same time interest rates are low and are likely to remain at current levels so there is no ...

Australia House prices unlikely to slump, RBA says

It took him long enough, I wonder if he will see the meltdown....

German Economy Minister Sees Signs Of European Economic Cooldown