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Everything posted by cobran20

  1. One day, I'd like to do a tour of the Marco Polo route. Not sure if the Mrs would be interested, unless it included comfortable accommodation! :-(
  2. Did nonrecourse mortgages cause the mortgage crisis? It looks to me as if Australian banks are 'safe' from the riskiest borrowers with a high LVR (80%+) via compulsory mortgage insurance: link1 link2
  3. Not quite true: Everything You Need to Know About Recourse & Non-Recourse Loans
  4. If you dislike heavily congested places, avoid Saigon & Hanoi. Stick to the Vietnamese country side. Similar for what I saw of Cambodia. Laos is a must. Also liked malaysian Borneo.
  5. Another thread from GHPC that is worth keeping. IMO, his economic history knowledge and cycle work makes compulsive reading. link From his latest article:
  6. They'll have to invent a crypto currency that the police forces cannot track. It will then propagate like wildfire.
  7. Emigrate to the highlands of PNG. :-)
  8. and this is a case of police, life & health insurance companies' wet dream! DNA of every baby born in California is stored
  9. Someone fell badly for the sales spruiking link
  10. Argentina is there already. link link2
  11. Yep. The budget contains a lot of wishful thinking.
  12. Nope. That goes to Goose who started with Costello's substantial surplus and squandered it into a massive deficit.He gets full marks for gross incompetence.
  13. Already known almost 90 years ago. link1 link2