harmy

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harmy replied to the Macro Economic Trends and Risks board. 5:28 PM

Re: A Run with “The Red Queen”

tim

That is one of the most interesting and realistic things I've read about shale oil/gas. I particularly liked the bit about investors at the end.
Thanks

Harmy

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harmy posted to the Macro Economic Trends and Risks board. 12:19 PM

Zero interest rates.

It's preaching to the choir but this Asia Times article spells it out for retirees. QE shafts them.

[more]

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harmy replied to the Macro Economic Trends and Risks board. 12:02 PM

Re: China may not overtake America this century

Is the winter over? Or have they upped your prozac?

DB - for God's sake desist and take this cr#p someplace else.

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harmy posted to the Macro Economic Trends and Risks board. 6:07 PM

Australia: RBA Quarterly Report

Given that this is an investment board with an assumed long to medium term outlook the latest RBA Report provides an interesting and sober perspective on Australia and Asia generally. It is long, as would be expected, and I have picked out one or two [more]

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harmy replied to the Macro Economic Trends and Risks board. 12:58 AM

Re: Aussie Interest Rate Cut

Dwdonhofff

Nowhere....
Its "peak quantitative easing."

It's generally accepted that the real reason for the Oz rate cut was not because of the economy needing a rate cut but because of the race to the bottom [more]

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harmy replied to the Macro Economic Trends and Risks board. 6:17 PM

Re: Aussie Interest Rate Cut

Jeff

The RBA has today reduced the cash rate by 25 basis points from 3.00% to 2.75%. AUD:USD is currently on 1.0188.

Everyone is fighting for the bottom.

The US, Japan, Britain, Switzerland, EU and a sundry other [more]

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harmy replied to the Macro Economic Trends and Risks board. 6:12 PM

Re: Troubled China Report

unholydave

...Meanwhile, the nations that have revelled in the commodity boom of recent years are likely to face a disheartening return to the mundane ordeals of normal life.

Sour grapes from a country which has not matched [more]

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harmy replied to the Macro Economic Trends and Risks board. 7:36 PM

Re: Ozian projection from Westpac

Jeff

AUD is expected to soften from here on out - Westpac anticipates AUD to rise to a high of 1.04 against the USD in June before receding past parity within 12 months.

That rather presupposes that the continued money [more]

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harmy replied to the Macro Economic Trends and Risks board. 9:53 PM

Re: China

Dave

I dont have his name, but one prominent accountant/businessman spoke out on a possible looming disaster in Chinese financial circles as of yesterday's report

Wow !! Better hope China doesn't go down he tubes then. If it [more]

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harmy posted to the Macro Economic Trends and Risks board. 1:08 AM

Fracking killed this.....

Environmental concerns no doubt had some part to play but it was the prospect of cheap fracked gas which finally killed it and no doubt it will kill other projects as well.

[more]

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harmy replied to the Macro Economic Trends and Risks board. 6:17 PM

Re: Matthew Lynn on EU Depression

notehound

He also posits that the Euro zone has set itself up to lose not only banking customers from around the world, but also to lose its potential to become a serious contender as a reserve currency.

...and it's already [more]

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harmy replied to the Macro Economic Trends and Risks board. 2:21 AM

Re: Mish on Australia and NZ

tim

It certainly might. }};-D

A really "safe" bank might not make money or be willing or able to buy other banks in order to be "strong".

Having taken me to task for claiming that Australian banks [more]

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harmy replied to the Macro Economic Trends and Risks board. 9:37 PM

Re: Mish on Australia and NZ

tim

Really, didn't see that mentioned here?

It depends where you look and what you are looking for is the safest or the strongest. It is axiomatic that a safe bank is also a strong one although that might be debateable. From [more]

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harmy posted to the Macro Economic Trends and Risks board. 7:16 PM

Can you believe this ??

http://www.dailymail.co.uk/home/index.html

George Osborne today bet the recovery on the housing market by using government money to guarantee £130billion worth of mortgages to [more]

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harmy posted to the Macro Economic Trends and Risks board. 7:02 PM

Mish on Australia and NZ

Mish has some interesting things to say about Australia and NZ in his blog this morning.

Firstly NZ. The NZ Reserve Bank has a stated policy of freezing (as against allowing banks to go into liquidation) funds. It is explained [more]

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harmy replied to the Macro Economic Trends and Risks board. 4:55 PM

Re: Cheap Food Needs Cheap Labor...

Labour shortage ? What labour shortage ?

http://sydney.edu.au/news/84.html?newsstoryid=10737

With the support of Horticulture Australia, his team developed robotic [more]

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harmy posted to the Macro Economic Trends and Risks board. 5:00 PM

Another GFC

http://www.abc.net.au/news/2013-03-14/bankers-winning-the-ba...

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harmy replied to the Macro Economic Trends and Risks board. 6:37 PM

Re: Japan first to tap methane hydrate

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a...

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harmy replied to the Macro Economic Trends and Risks board. 5:25 PM

Re: Question for Harmy

Hi tim

Now all we have to do is find a convenient ocean or deep saline aquifers but surely you don't expect me to do everything here?

Thanks for that. I don't think that water will be a problem because the whole centre of [more]

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harmy replied to the Macro Economic Trends and Risks board. 7:30 PM

Re: Question for Harmy

loveoldcars

Do you know anything about this?

Yes, posted something about this a while ago.

Essentially it is a massive shale oil deposit spread over a very wide area. There's no doubt that they have discovered a [more]