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Henry Thornton - NEWS + Views: A discussion of economic, social and political issues Henry`s Blog, January 2012 Date 04/02/2012
Member rating 4.5/5
Mining, 'crowding out' and the ongoing Eurozone crisis. Submarines.
By Henry Thornton Email / Print

The China story - another view
'I strongly suspect that the trade and power data reveal the true state of China’s economy'.
Tuesday, January 31, 2012

RBA opens kimono - or did she?
'Reserve has no compelling reason to cut rates' says Mr Uren.
Monday, January 30, 2012

Saturday Sanity Break, 28 January 2012
'Gor Blimey, comrades, dirty tricks!'

Sun, surf and riot. And advice to the Europeans.
'Australia Day was marred by violence directed against the Prime minister and Opposition leader'.
Friday, January 27, 2012

IMF tries to help
'The powers are making certain that suitable warnings have been issued, almost certainly too little, too late, but one must applaud their efforts'.
Wednesday, January 25, 2012

The lucky country - tranquillity and a fair shake. (A Watcher)
'I have often thought that the self-congratulation that followed the successful reforms of the 1980s onward (and the rhetorical excesses about the evils of the pre-reform economy) was way overdone'.
Tuesday, January 24, 2012

A snippet from the history of mining
'Was Australia's relatively non-violent, capitalism, less red in tooth and claw, an advantage or a disadvantage in the next hundred years?'
Monday, January 23, 2012

Saturday Sanity Break, 21 January 2012
'Tony Abbott is going to turn back the boats!'

World Bank - `Head for the lifeboats`
'The World Bank has finally admitted that the Eurozone crisis could be far worse than the Lehman Bros crisis'.
Thursday, January 19, 2012

Fortune favours the confident  
'Mrs Thornton has said the worst is over for the global economy'.
wednesday, January 18, 2012

Submarines downunder
'This is not a time to choose second- or third-best. We need a new class of submarines with known costs that can be commissioned on time and that will reliably deliver the powerful deterrence this country needs'.
Tuesday, January 17, 2012

Australia`s ongoing debt explosion.
'Australians be warned. Severe policy tightening is necessary and will be delivered by the Abbott government.  The tragedy is that by then (short of an early Federal election) it will be too late to avoid a severe recession, another 'recession we had to have'.
Monday, January 16, 2012

Saturday Sanity Break, 14 January 2012
'Henry you crazy rooster', says a reader.

Mining boom and 'crowding out' - the price we pay
'What else is being lost as the mining boom squeezes non-mining sectors?  And what happens when the minerals run out?
'These questions are crucial if one is trying to understand if bountiful natural resources are a blessing or a curse'.
Thursday, January 12, 2012

The mining industry: from bust to boom.
'... there is an implied assumption in official circles that 'stability' in real growth is preferable to volatile growth with a higher average'.
Tuesday, January 10, 2012

Saturday Sanity Break, 7 January 2012
'Sherlock Holmes and Dr Watson go camping'.

The problem of inequality
'Many leading writers and thinkers have said the growing inequality of incomes and wealth provides a large threat to capitalism in its liberal democratic political form'.
Friday, January 06, 2012

Good, bad or ugly ... What are the odds?
'Take the folding umbrella in your handbag, briefcase or backpack is this forecaster's advice.  Keep saving more money. Invest in safe assets'.
Thursday, January 05, 2012

Welcome 2012
'The downside is shortages of skilled labor, slow growth of retail and most other non-mining businesses and difficulties for small business everywhere'.
Wednesday, January 04, 2012

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