By: chris_1979_h
6/08/2008
10:07 pm Yahoo! Profile:
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"Hmmm yes I Perth is lovely but none so lovely as where I live - No 1 has to be Sydney!!!!!"
Yes flick, sydney! BSartist!!!!! We all know you're from Melbourne |
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By: flickjm
6/08/2008
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| Hmmm yes I Perth is lovely but none so lovely as where I live - No 1 has to be Sydney!!!!! |
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By: perceptions_now
6/08/2008
9:49 pm Yahoo! Profile:
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"I hear they have a new railway line from Perth to Mandurah."
Yes!
We were talking only recently about that and will be taking the ride shortly.
However, I don't imagine that it will be quite as good as the Rocky Mountaineer from Vancouver, over the Rocky Mountains, to Jasper, in Canada. |
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By: brukevlay
6/08/2008
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| I think The big bad wolframtrader is from Perth also. Don't know what part though. |
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By: brukevlay
6/08/2008
8:58 pm Yahoo! Profile:
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Perceptions,
"Where home, family & the heart is, Perth!"
Nice place Perth. I want to go there for a holiday one day.
I hear they have a new railway line from Perth to Mandurah.
Have you traveled on it yet? |
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By: perceptions_now
6/08/2008
8:26 pm Yahoo! Profile:
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New Orleans? No, didn't get that far south, on the eastern seaboard, not enough time.
Same with Seattle, just not enough time to do all the things we have wanted to do. Pity, Seattle is a very short distance from Vancouver.
Where is the best city in the world?
Where home, family & the heart is, Perth! |
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By: flickjm
6/08/2008
11:25 am Yahoo! Profile:
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perceptions
Can only agree with you about Santa Monica LA and New York. The train trip through the Rockies and the Pacific Hwy No1 route are 2 I have not done yet but really hope to one day. We have friends in Vancouver and it would be a great trip all round then. Vancouver the 2nd best? What is the 1st best then? LOL
Did you visit New Orleans or any of the "music centres"? I went before Katrina and it was really an eye opener but also lots of fun. Still to get to Nashville and Memphis though.......
Another place I have always wanted to go to is Seattle - did you get there?
Sounds like you had a great time but I bet it's good to be back:) |
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By: perceptions_now
5/08/2008
11:23 pm Yahoo! Profile:
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Housing Lenders Fear Bigger Wave of Loan Defaults, says New York Times.
http://www.nytimes.com/2008/08/04/business/04lend. html?pagewanted=1&_r=1
Close gaps, if needed. |
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By: perceptions_now
5/08/2008
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Bank losses closer to $2 Trillion, says Nouriel Roubini.
http://moneynews.newsmax.com/streettalk/roubini_ba nk_losses/2008/08/04/118976.html
Close gaps, if needed. |
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By: perceptions_now
5/08/2008
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"Welcome back btw would like to hear about your US trip!"
flickjm,
We did get to a few places, both Canada & the US.
Anyone going in that direction, the following are definitely worthy -
1) Rocky mountaineer - Train trip from Vancouver to Jasper, in Canada, scenery is huge.
2) Road trip, on the Icefields Parkway, from Jasper to Banff, in Canada, the Rockies scenery is huge.
3) Yosemite National Park, in California US, scenery is huge,
4) Niagara Falls, Canada & US border, you just have to be there.
5) Universal Studios , in Los Angeles, an experience.
6) Santa Monica Peir, LA, Dinner at dusk, just great!
7) Pacific Hwy 1, between LA & San Francisco, truely eye poping, much better than Great Ocean Road in Victoria.
8) Vancouver, the second best city in the world.
9) Butchard Gardens, out of Vancouver, incredible.
10) Wells Grey National Park, in Canada, the water falls and wild life are worth going out of your way.
11) New York, a place you have to visit, but wouldn't want to live in.
12) Chateau Frontenac, in Quebec, old world charm, absolute must.
13) Washington, in US, the Smithsonian museums, there are lots, you can spend days.
In all, well worth taking the time.
It also provided a first hand view of where the US, in particular was at, as far as their economy was concerned. |
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By: flickjm
5/08/2008
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| B U M P |
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By: flickjm
5/08/2008
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Well Perceptions
Some seem to enjoy the thrill of the ride but end up pewking when it gets too tough or don't realise the ride they got in the queue for:)
Welcome back btw would like to hear about your US trip! |
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By: kraekan
5/08/2008
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| Don't worry about it perceptions, it can't happen here house prices just go up. ;) |
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By: ecchi.gaijin
5/08/2008
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| Rents are tipped to increase by 50% where I am. We heard all about how overvalued prices were a couple of years ago when the issue of 110% mortgages was hot news. Prices slumped for a short time mostly in Sydney and Melbourne. I agree that in some places there is room for some shrinkage but given the way the government wants us to increase our population I wouldn't expect too much should they get their wish. |
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By: perceptions_now
5/08/2008
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"Prices dropped in all of Australia's major cities last month for the first time since just before the Great Depression. "
kraekan,
The trends suggest we are in for one hell of a ride or simply a ride in hell. |
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By: kraekan
4/08/2008
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Australian property is way overvalued, more so than the US and the UK I would think. They have dropped a huge amount with more to come.
Banks are putting up rates above that of the RBA, with the credit crunch thrown in as well the possibility of a significant downturn should be considered.
Once a trend starts its hard to stop. |
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By: ecchi.gaijin
4/08/2008
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| .3% was the figure I saw today, if you blink you won't even see it as a decrease. |
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By: kraekan
4/08/2008
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This was posted on Market Watch I think.
http://www.bloomberg.com/apps/news?pid=20601081&si d=aBCuyixr8nJE&refer=australia
"Australia Facing `Once-in-100-Year' Housing Slump (Update1)
By Jacob Greber
Enlarge Image/Details
July 31 (Bloomberg) -- Australia may be headed for a housing recession similar to those roiling the U.S. and U.K.
The cause is a combination of rising default rates, the biggest drop in home prices in five years, the highest borrowing costs in a decade and slowing economic growth.
Prices in the property market -- described by the International Monetary Fund in April as one of the world's most ``overvalued'' -- will fall 30 percent by 2010, according to Gerard Minack, senior economist at Morgan Stanley in Sydney. Prices dropped in all of Australia's major cities last month for the first time since just before the Great Depression. " |
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By: perceptions_now
4/08/2008
9:56 pm Yahoo! Profile:
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Rolling Recessions & Central Banks - Bloomberg
http://www.bloomberg.com/apps/news?pid=20601109&si d=aFrn8Jy3kt2g&refer=home |
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By: riskpirate
4/08/2008
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| RBS to take a hit......watch our aus banks fall, starting with NAB on a credit down grade. |
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By: perceptions_now
3/08/2008
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Article (by Mike Witney) & website, of interest -
http://www.counterpunch.org/whitney07232008.html
http://nychousingbubble.blogspot.com/
Close gaps, as usual, if needed. |
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By: perceptions_now
3/08/2008
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The article, which is from a US Political website, simply suggests a secret watch list of 1400 banks and then refers you to the bank list you refer to.
The suggestion being that the entire US banking system is now at risk!
The original reference came off the following US site -
http://2cents.dailyreckoning.com/viewtopic.php?t=3 3224 |
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By: wolframtrader
3/08/2008
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perceptions...i tried the link and all it took me to was an NIC list of about 50 banks based purely on market cap at the end of March 2008...
do you have any other links? |
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By: perceptions_now
3/08/2008
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Would it make our life easier, if the global financial sector were to provide a full disclosure now, of their current financial positions?
Well, the global market would have an enormous fall.
But, at some time, the truth or something close to it, will become apparent to most, and the proverbial will hit the fan, at some time, in the not too distant future.
So, just maybe, a bold move, to include people, rather than trying to exclude them, may be a better approach.
We now enter a long period of turbulence and danger, where the global economy is being "constricted", like the actions of a "Boa Constrictor" snake and the global economy is having the life slowly crushed out of it.
A continuation of what has been, will likely provide very unsatisfactory outcomes.
If it's not too late, perhaps we can try something new?
Following is a link to perhaps what is the real FED/FDIC bank watch list. Be nice to be a fly on the wall sometimes. It may give a different perception on life?
http://larouchepac.com/news/2008/08/01/1400-banks- secret-fed-watch-list.html
Close the gaps, as usual. |
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By: perceptions_now
2/08/2008
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And another one bites the dust, there is a consistent pattern.
http://www.fdic.gov/bank/individual/failed/banklis t.html
http://www.bloomberg.com/apps/news?pid=20601087&si d=a87bC3u64eTc&refer=home
Close the gaps. |
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