XJO 0.10% 7,767.5 s&p/asx 200

volt,the article u've posted this morning about the credit...

  1. 112 Posts.
    volt,

    the article u've posted this morning about the credit contraction.. it's worth thinking about. Similar statement from an OECD economist (can't remember his name) also reiterated the snowball effect of excessive liquidity. While economic fundamental remains sound, short term credit over-expansion is not sustainable. From an engineer's point of view, I don't think the current ballooning pay that engineers receive is justifiable as well, which is closely related to the hyper-inflating resource price.
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.