Category Archives: Uncategorized

Are we living Europe’s greatest depression?

Some sobering reading from The Washington Post this week. The author, Matt O’Brien, has taken a chart from Nicholas Crafts “and extended it a bit to put Europe’s depression in, well, even more depressing perspective.” The Eurozone GDP hasn’t returned to 2007 … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

The US bank Warren Buffett likes the most.

Wells Fargo’s current valuation on the brink of surpassing Citigroup’s high-water market capitalization of $282.75 billion, set back in February 1991 for US financial institutions. Wells Fargo shares are up 13% so far this year, besting the 2.7% gain for … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | Leave a comment

US Intelligence Funding – by agency and purpose

A stunningly clear graphic has been doing the rounds in the last 24 hours of US Intelligence Funding by agency (NSA, NRO, CIA, FBI etc), and the main purposes of what those large buckets of money are spent on: Data … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

Iron Ore Price smash

Iron Ore is falling, falling hard, and according to Macrobusiness “FMG and RIO both continue to hold up better than they should, down 2.2% to $4.44 and 1% to $59.48 respectively, but both are still above the lows of the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , | Leave a comment

Australian Gambling – top 20% ‘heavy’ gamblers make up 87% of gambling dollars

An incredible, almost unbelievable, set of results from Roy Morgan research firm has found that just 20% of gamblers make up a whopping 87% of gambling dollars, in Australia. Australians are well known for having a punt but even so the numbers … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

Europe unemployment – Greece and Spain top the lists

Greece and Spain continue to top the list no country wants to get Gold and Silver in with both nations continuing to lead Europe’s unemployment rates. Greece’s recorded unemployment rate, according to the latest available data, narrowly pips Spain’s at about 26%, Spain … Continue reading

Posted in Uncategorized | Tagged , , , , | Leave a comment

US market drowning in negative equity mortgages

Zillow Real Estate Research in the US has just released a report in to mortgages across America by country which are in negative equity, or effective negative equity which is, just like the real-estate triggered GFC creating ripple affects across the … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment