Search ResultsShowing 21 - 30 of 71 results for "Great Depression"
Australian economic fundamentals solid: Swan
CLAIRE MCGREAL  |  WEDNESDAY, 25 JAN 2012
... that unless the right course of action was taken, the world could slip into a "1930s moment", referencing the Great Depression sparked by the 1929 Wall Street crash. "A moment [which would] ultimately lead to a downward spiral that could very much engulf ...
Wolf, wolf
BENJAMIN ONG  |  THURSDAY, 19 JAN 2012
... the chaos that followed the collapse of Lehman Brothers in 2008" in modern economic history, and it was the Great Depression of the 1930s and thank goodness I wasn't still around to experience the long queues for the dole and the soup kitchens at the ...
Fixville here we come
BENJAMIN ONG  |  FRIDAY, 28 OCT 2011
... ride will remain jumpy-bumpy as we head to fixville, but it'll get there... eventually. Look back to, say, the Great Depression of the 1930s, or the Latin American crisis of the early 1980s, the Asian financial crisis of the late 1990s, or even the recent ...
They will deal
BENJAMIN ONG  |  THURSDAY, 21 JUL 2011
... when the last one happened. According to the New York Times, the US defaulted back in 1933 "in the midst of the Great Depression." Its very first default was recorded in 1790. In 1841-42 nine of the states of the United States of America defaulted and ...
A-dollar one-point-seven-o
BENJAMIN ONG  |  TUESDAY, 10 MAY 2011
... forever. When most expect they do, then it's the time to sell (or buy). And this goes all the way back to the Great Depression when well-known US economist and Yale University economics professor Irving Fisher declared that, "Stock prices have reached ...
Record NSW election loss could slow federal reforms
ALEX DUNNIN  |  MONDAY, 28 MAR 2011
... surpassing it is the 22 swing against the Scullin federal Labor government in 1931 following the onset of the Great Depression. By way of comparison, the swing against the Whitlam government in 1975 was a mediocre 6 per cent. While federal Labor strategists ...
QE2 or bust
BENJAMIN ONG  |  TUESDAY, 19 OCT 2010
... low debt/deficit country Australia. Funny because what's happening now has all happened before... during the Great Depression. Politics got in the way. Citizens demanded jobs - they got currency wars and protectionist policies. Taxpayers wailed over ...
No housing bubble: Fidelity
JOHN MCDULING  |  THURSDAY, 14 OCT 2010
... flows and balance sheets. Taylor pointed out that in previous major market downturns, such as 1987, 1973 and the great depression, losses had typically been recovered over a three to six year period. "The recovery is never a straight line, but as the ...
Good for nothing war
BENJAMIN ONG  |  THURSDAY, 7 OCT 2010
... Tried before... and failed. Competitive devaluation is the same policy adopted by major economies during the Great Depression as they try to protect their home industries. This is the same policy that caused a near collapse in international trade. This ...
Grand currency sale
BENJAMIN ONG  |  WEDNESDAY, 6 OCT 2010
... commodity markets - a natural consequence of debased paper money - I'm afraid that similar to the experience of the Great Depression, what is currently happening now, would only end in tears.
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