ShareCafe Posted June 22, 2007 Report Share Posted June 22, 2007 Thankyou ShareScene.com Link to comment Share on other sites More sharing options...
bunyip2 Posted June 22, 2007 Report Share Posted June 22, 2007 "Ah" If we had the right Crystal Ball. No one knows ! b. Link to comment Share on other sites More sharing options...
Guest Posted June 22, 2007 Report Share Posted June 22, 2007 Three new polls have been created today: When do you believe the next Australian Recession will occur? http://www.sharescene.com/index.php?showtopic=9944 Does share ownership by management effect your trading ? http://www.sharescene.com/index.php?showtopic=9945 Will Large Cap or Small Cap Australian Equities perform better in 2007 ? http://www.sharescene.com/index.php?showtopic=9943 The most active poll (the one with the most votes) will be moved to the main page on Monday. Happy voting ShareScene.com Link to comment Share on other sites More sharing options...
rotuma Posted June 22, 2007 Report Share Posted June 22, 2007 In reply to: bunyip2 on Friday 22/06/07 02:54pm Depends on who wins the next election! http://www.sharescene.com/html/emoticons/puke.gif Link to comment Share on other sites More sharing options...
Lamare Posted June 22, 2007 Report Share Posted June 22, 2007 In reply to: rotuma on Friday 22/06/07 05:25pm After the Beijing Olympics which could coincide with peek oil, plus coinciding with Aus becoming a Republic! and the world realising that global warming is caused by global swarming, in other words when the penny drops: On or just before 1st Jan 2009. Fortunately I am normally wrong in my predictions. Link to comment Share on other sites More sharing options...
Wysiwyg Posted June 22, 2007 Report Share Posted June 22, 2007 In the year 2031. Link to comment Share on other sites More sharing options...
blowout preventer Posted June 26, 2007 Report Share Posted June 26, 2007 In reply to: Wysiwyg on Friday 22/06/07 06:33pm http://www.sharescene.com/html/emoticons/devilsmiley.gif The end will come all of a sudden , least we forget 1987 etc.,. The cracks are being smoothed over atm , but they are there , and no body wants to see ... Wise will hold lotsa cash , as things will be cheap , and we will load up for 2nd half to late 2008 2/3 cash atm , going slowly 90%. http://www.sharescene.com/html/emoticons/weirdsmiley.gif Link to comment Share on other sites More sharing options...
jaolsa Posted June 27, 2007 Report Share Posted June 27, 2007 In reply to: blowout preventer on Tuesday 26/06/07 05:36pm just doing some reading on bear stearns this morning and came across this old article about b.s. offloading some of cdo's to pensions funds (pension funds being being one of the major holders (just can't bring myself to say investors) of this product. imo, that's just one of the ingredients needed for economic and social disaster. just thinking about it......the united states, like most other countries, has an ageing population where in years to come, they've got about one working age person for every retiree .....and u.s. pension funds are throwing away peoples future means for surviving retirement on absolutely worthless products. as a mother of three young children, is it too much to hope that the chinese government can hold it together if the united states collapses under the weight of its national debt and economic/political mismanagement? only then can we perhaps escape the worst of a recession - that is, only if the australian government is wise enough to think about our economic prosperity rather than allegiance to old alliances. QUOTE June 1 (Bloomberg) -- Bear Stearns Cos., the fifth-largest U.S. securities firm, is hawking the riskiest portions of collateralized debt obligations to public pension funds. At a sales presentation of the bank's CDOs to 50 public pension fund managers in a Las Vegas hotel ballroom, Jean Fleischhacker, Bear Stearns senior managing director, tells fund managers they can get a 20 percent annual return from the bottom level of a CDO. Link to comment Share on other sites More sharing options...
marwoode Posted July 12, 2007 Report Share Posted July 12, 2007 In reply to: jaolsa on Wednesday 27/06/07 10:19am hi jaolsa... the trick of fobbing off dodgy investments to pension funds is not new in America... one classic example is the 1994 "Tequila Crisis" - there is a good book about that crisis called "FIASCO" (which stands for Fixed Income Annual Sporting Clays Outing) which is worth a read to help get your head around the sort of crazy derivative products that are out there... here is a link to it... http://books.global-investor.com/books/100...000&identifier= It seems to me that Mums & Dads of the world are the ones who pay the bill at the end of the day... when did Aussie Banks start charging fees with gay abandon? After they had lost money in the late 80's commercial property wipe-out (the one that nearly toppled Westpac). Recessions & depressions are generally about working through debt hangovers from preceding booms... what scares me is the amount of debt out there now - it is a great party whilst the music is playing, but the next morning (when it comes) will be a nasty hangover~!! Link to comment Share on other sites More sharing options...
deadone Posted July 16, 2007 Report Share Posted July 16, 2007 Wherever businessmen gather the talk turns to the present prosperity in america, how long it will last and what will follow it. periods of prosperity like the present always have one accompaniment. always it happens that a considerable number of people think this particular prosperity will not end, that there will never be another panic or another depression they are always wrong, they will be wrong this time. NEW YORK HERALD november 1925 Link to comment Share on other sites More sharing options...
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