Finance
Markets start to slip as major currencies start to decline
Apr 27th
Markets are already starting to decline. I take a further look at this and dig deeper into what the stimulus packages really mean.
Aussie brings in less tax revenue, decline restarting
Apr 26th
Aussie announces that the government has received less tax revenue that it expected. As a result, its had to cancel stimulus programs.
Newsweek interviews Nouriel Roubini who confirms what I’ve said since March.
Government talks of Bailing out F&P
Feb 18th
Anyone that is familiar with the stance I have taken on this blog regarding the bail outs in the US will already know how I feel about this particular issue. To say it pisses me off is an understatement. The fact that the government of New Zealand is even considering it is just completely ludicrous…
Bankrupt: The true state of the US economy
Feb 16th
Normally I don’t really think much about other people’s debt. I have plenty of my own that will take me at least the next 2-3 years to pay off now. However, what frightens me is not that I have this debt, but that the total debt for the US economy, even counting the $1,000,000,000,000+ bailout…
Sunset on a good day
Oct 21st
I took my own advice today and went and bought as many bonds as I could afford. I am also going to start putting a set amount of money into Bonds every month as a way of building up some savings without actually having to worry about spending it. See, the simple problem I have…
1920s parallels are frightening
Oct 18th
Like everyone in the world at the moment, the economy is very much at the top of my mind. I get to work in the morning and the first thing I do before reading my emails is load up Google Finance and check out the state of the NYSE and associated markets prior to close…
Labour says one thing, then does the other – again
Oct 15th
Wasn’t it only a very short time ago that Dr Cullen and Helen Clark were accusing National have having a secret, hidden agenda? Wasn’t it only August when they were making very loud noises about how irresponsible and wrong it was for National to be funding its policies by taking on more debt? So would…
Economy highlights IT expenditure
Oct 13th
In a climate of financial fear, uncertainty and doubt it is ironic that we suddenly see a lot of people predicting the rise of open source platforms to take advantage of this situation. Not only Linux for servers and workstations, but also other tools that are more central to an organisations day to day business.…
NZ$ Freefall – Ouch
Oct 11th
Back in June of 2007 I was very concerned about the state of the NZ economy and the fact that we were living and spending well above what our economy could afford. Interest rates were so high that international investors were pumping huge amounts of cash into our economy and the dollar was ballooning out…
The NZ Economy – Over-inflated Weather Balloon?
Jun 29th
I’m very pessimistic about the current state of the NZ economy. I’ve been watching it happen for quite a while now. When we hit and levelled at US$0.65 I was pretty much losing faith in the economy about then. However, now that we’ve topped more than 77c, I’m really starting to get very concerned about…