Simple and Sustainable Forums: The AK Thread - Simple and Sustainable Forums

Jump to content

Please keep the discussion civil and constructive. Only regular members can post in this forum.
  • (38 Pages)
  • +
  • 1
  • 2
  • 3
  • 4
  • 5
  • Last »
  • You cannot start a new topic
  • You cannot reply to this topic

The AK Thread

#41 User is online   tor 

  • Potential Kaptcha Question
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,690
  • Joined: 25-July 09

Posted 23 January 2010 - 12:45 AM

 sydney3000, on 22 January 2010 - 10:13 PM, said:

I was watching the ABC news last night with my landlord. We were having an enjoyable Friday and then this Rismark chart pops into our view and a huge argument erupted between me and him. Tempers flared. I almost lost it. It took us a couple of hours to calm down.

I said: According to Rismark the average person on average income of $60,000 can buy an average property for $240,000. The average property costs $500,000 though and hence the analysis is incorrect.
He said: It doesn't say that. You have to start low with a sub-average property and work you way up. Rismark are professionals so this analysis must be correct.
I said: What is the point of saying the average affordability is 4x income if you need an average income to buy a sub-average property?

...followed by cursing, swearing and namecalling...

buy a PS3. They are about average weekly disposable income and never result in tedious arguments like that.

They result in awesome arguments and rage quits which are much more fun!
0

#42 User is offline   wulfgar 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,193
  • Joined: 04-October 09

Posted 23 January 2010 - 10:46 AM

 sydney3000, on 22 January 2010 - 10:13 PM, said:

I was watching the ABC news last night with my landlord. We were having an enjoyable Friday and then this Rismark chart pops into our view and a huge argument erupted between me and him. Tempers flared. I almost lost it. It took us a couple of hours to calm down.

I said: According to Rismark the average person on average income of $60,000 can buy an average property for $240,000. The average property costs $500,000 though and hence the analysis is incorrect.
He said: It doesn't say that. You have to start low with a sub-average property and work you way up. Rismark are professionals so this analysis must be correct.
I said: What is the point of saying the average affordability is 4x income if you need an average income to buy a sub-average property?

...followed by cursing, swearing and namecalling...


Maybe we could go back to religious wars.....but is property the new religion? Could you capture it on audio next time for our entertainment?

This post has been edited by wulfgar: 23 January 2010 - 10:47 AM

0

#43 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 27 January 2010 - 08:33 AM

.

Attached File(s)


0

#44 User is offline   Solomon 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,644
  • Joined: 01-August 09

Posted 27 January 2010 - 12:23 PM

 cobran20, on 27 January 2010 - 08:33 AM, said:

.


Hey cobran.
Can you explain that last chart for me? I didn't see AK tonight.
Does that imply that we require a rate hike to bring the underlying inflation under control, and back down to the level of the RBA?
Or that we don't require a rate hike, because the underlying inflation is falling?
0

#45 User is offline   sydney3000 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,435
  • Joined: 10-December 09

Posted 27 January 2010 - 08:54 PM

To me the underlying inflation history implies that the OCR should have remained at 7.25% all along.
0

#46 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 27 January 2010 - 10:39 PM

 Solomon, on 27 January 2010 - 12:23 PM, said:

Hey cobran.
Can you explain that last chart for me? I didn't see AK tonight.
Does that imply that we require a rate hike to bring the underlying inflation under control, and back down to the level of the RBA?
Or that we don't require a rate hike, because the underlying inflation is falling?



As I recall (and I don't pay much attention to AK!), he stated that the RBA is more concerned about the underlying inflation, which is still above their target range, hence a likely rate rise next wee.
0

#47 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 27 January 2010 - 10:46 PM

 sydney3000, on 27 January 2010 - 08:54 PM, said:

To me the underlying inflation history implies that the OCR should have remained at 7.25% all along.


+1
0

#48 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 28 January 2010 - 08:23 AM

.

Attached File(s)


0

#49 User is offline   Solomon 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,644
  • Joined: 01-August 09

Posted 28 January 2010 - 08:24 AM

 cobran20, on 27 January 2010 - 10:39 PM, said:

As I recall (and I don't pay much attention to AK!), he stated that the RBA is more concerned about the underlying inflation, which is still above their target range, hence a likely rate rise next wee.


Thanks cobran.
Your good to reply.
0

#50 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 31 January 2010 - 08:11 AM

.

Attached File(s)


0

#51 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 01 February 2010 - 08:21 AM

.

Attached File(s)


0

#52 User is online   savagegoose 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,775
  • Joined: 06-October 09

Posted 01 February 2010 - 08:50 AM

woow look at those china numbers, wonder where all that export is going? here? its back and over the fall in 2008!!!
0

#53 User is offline   boz 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,123
  • Joined: 17-January 10
  • Locationmelbourne

Posted 01 February 2010 - 09:16 AM

 savagegoose, on 01 February 2010 - 08:50 AM, said:

woow look at those china numbers, wonder where all that export is going? here? its back and over the fall in 2008!!!


That index is confusing as that index represent the growth while the value and volume of china export is still far less then before the GFC.
here is the link to bloomberg related news
0

#54 User is offline   Bernard L. Madoff 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 6,618
  • Joined: 30-September 09

Posted 01 February 2010 - 10:32 AM

 savagegoose, on 01 February 2010 - 08:50 AM, said:

woow look at those china numbers, wonder where all that export is going? here? its back and over the fall in 2008!!!

Must be using submarines. Shipping container traffic is still down.

http://www.harperpet...pex/harpexVP.do
0

#55 User is online   savagegoose 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,775
  • Joined: 06-October 09

Posted 01 February 2010 - 11:08 AM

ahh damn lies and statistics, tks guys.
0

#56 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 01 February 2010 - 05:15 PM

 Tinpusher, on 01 February 2010 - 10:32 AM, said:

Must be using submarines. Shipping container traffic is still down.

http://www.harperpet...pex/harpexVP.do



It shows china's growth is for internal consumption only, courtesy of the large stimulus by their government.
0

#57 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 02 February 2010 - 08:24 AM

.

Attached File(s)


0

#58 User is offline   boz 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 1,123
  • Joined: 17-January 10
  • Locationmelbourne

Posted 02 February 2010 - 09:03 AM

 cobran20, on 02 February 2010 - 08:24 AM, said:

.


funny about the global banks assets popping.
Hang on, australia is different we didn't have any drop...jet
0

#59 User is offline   cobran20 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 4,006
  • Joined: 13-November 09

Posted 03 February 2010 - 08:21 AM

.

Attached File(s)


0

#60 User is offline   Bernard L. Madoff 

  • Inimitable
  • PipPipPipPipPip
  • Group: Advanced members
  • Posts: 6,618
  • Joined: 30-September 09

Posted 03 February 2010 - 08:46 AM

PSHAW!!!

Its going to be a surplus! *ROFLMAO*

http://news.ninemsn....surplus-in-2011
0

Share this topic:


  • (38 Pages)
  • +
  • 1
  • 2
  • 3
  • 4
  • 5
  • Last »
  • You cannot start a new topic
  • You cannot reply to this topic

1 User(s) are reading this topic
0 members, 1 guests, 0 anonymous users