Well,
I did decide to do a rant after all. Basically The media is hyping the financial crisis far more than it should. I want to know who benefits we saw a rally of up to 17% today on mining stocks. This is probably a rally to get a good price for some sales.
So who is benefiting? Well I think that as always some smart people are, I think there are bargains out there.
The media puts such a negative spin on it but in reality its the little people who got pwned, in AU its the super funds. I think the government sold people on the idea that its safe but its not nothing is safe.
I love the fact our dollar is so low, it makes Australia competitive. We have a trade surplus this quarter wonderful! Sure we have already seen cuts in finance and advertising Ebay sacked several of their media staff but hey why advertise in a recession.
So the beneficiary of this recession are some of those rich bastards who have real money, a tone of tech is going to be up for grabs and I would start looking now.
Real estate is going to be recovering, we see some major initiatives like houses for low income earners I'm sure someone has their sticky fingers in that sticky pie.
So I hope everyone has a merry Christmas and they don't max our their credit because its still bumpy but the sky is not falling, just being held up by some really dody bamboo.
Monday, December 8, 2008
Don't need to rant
Well,
I have been ranting a bit but not much this year, maybe I'm getting old. Also I have been concentrating on gaming so I'm genuinely happier.
I learned Ruby on Rails, and I must say its pretty good its a toss up between Python and Django and Ruby on Rails for me.
Anyway, I have new blog nidsonaplane which is going to be holding some 40k stuff.
I have been ranting a bit but not much this year, maybe I'm getting old. Also I have been concentrating on gaming so I'm genuinely happier.
I learned Ruby on Rails, and I must say its pretty good its a toss up between Python and Django and Ruby on Rails for me.
Anyway, I have new blog nidsonaplane which is going to be holding some 40k stuff.
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