World authorities are starting to think along the same lines in order to stem the chaotic scenes that we are all witnessing as a fall out of the global economic crisis. It’s clear that world financial markets are far too interconnected now for there to be any sort of singular country response that is going [...]

With all the latest turmoil surrounding the markets, and a 207.9 point loss on the ASX today. I think it’s fair enough to say that the time has come for the Reserve Bank of Australia to take some drastic action when they meet for their October Board Meeting next week. The latest market data [...]

The world is in a crisis at the moment, and we have one country to blame - the United States of America. Amazingly, last night Australian time, or Monday Afternoon Washington US Time - the American Congress voted against a $700 Billion dollar bailout plan that would have helped restore, at the very least, some [...]

I have a few friends in the United States and they are constantly emailing me with all sorts of updates regarding the ‘State of the Economic Nation’. One of biggest trends that came out over the weekend from all the information I was sent was a concerning, but perhaps, realistic ‘common man’s’ view of the [...]

With all the emails yesterday about the Lehman Brothers collapse, the acquisition of Merrill Lynch by the Bank of America and the US Federal Reverse and Treasury’s overnight emergency resuscitation of the American International Group (AIG) with an $85 Billion USD breath of air - I thought I would put up a post about some of the [...]