For those still a little bit baffled by how the credit crisis started and then snowballed I recommend you spend 11 minutes watching this video. The concepts are very simply explained including: leverage, collaterised debt obligation and sub-prime. The knowledge will help you become a better investor in the future so that you can better understand … Continue reading The credit crisis explained visually
I wonder...if together we all declared "I've had enough! The downturn is over. From now the economy and markets are growing;" could we create a self-fulfilling prophecy? Yes? You think we could? Great, then join me now in making the declaration and spread the word to your friends, family and everyone you know. Blog it, … Continue reading I declare the downturn to be over
This cartoon accompanied the front page article on The Australian today, 28th April 2009. Beautiful work Jon Kudelka!