Category Archives: debt

China’s debt

Posted on January 15, 2014 by Geoff O'Reilly

That China has pumped up it’s economic growth with a huge mountain of new debt is not in doubt. In 2008, the quick debt fueled economic stimulus was proportionately way bigger than any other economy in the world. But the … Continue reading →

Posted in debt | Tagged , , | Leave a comment

Good debt, bad debt and unreal debt

Posted on January 14, 2014 by Geoff O'Reilly

Governments, corporations and people borrow to pay for something they need now, but don’t have enough cash/savings to pay for now. If that something is a hard economic asset (say, a power station, or a house), part of the future … Continue reading →

Posted in debt, financial markets, risk | Tagged , , , , | Leave a comment

Australia’s mining boom … opportunity missed

Posted on December 7, 2013 by Geoff O'Reilly

That Australia has seen an epic boom in mining over the last 10 years is undisputed. Notwithstanding the uncertainties hanging around in the world economy, big export earnings from mining look set to continue. What have we got to show … Continue reading →

Posted in debt, politics and leadership, why do people do what they do | Tagged , , , , , , | Leave a comment

Interest rate announcements … what a circus!

Posted on December 3, 2013 by Geoff O'Reilly

Today the Reserve Bank held interest rates at their current 60 year low, 2.5%. Was that because they haven’t a clue what to do next? … when in doubt, do nothing? Within minutes, my phone and email was alight with … Continue reading →

Posted in debt, financial markets | Tagged , | Leave a comment

Great! Seasoned commentators get it!

Posted on December 2, 2013 by Geoff O'Reilly

Fantastic!! The Pope and the Productivity Commission have stirred two of Australia’s respected and seasoned political/economic commentators. I read much of what Alan Kohler and Paul Sheehan produce. Not always, but more often than not, I find their writings right … Continue reading →

Posted in debt, inequality, tough times | Tagged , , , , , , , | Leave a comment