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The concept of saving and investing is very weak in our modern society as most of us are ardent consumerists who are trained to spend from earliest childhood. The goal of this website is to promote financial literacy that would lead to greater financial understanding, confidence, motivation to save and invest.
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Archive for August, 2015


‘The Most Astounding Credit Binge in History’

‘The Most Astounding Credit Binge in History’ China has just gone through the most astounding credit binge in history, and most of it at a tremendously misplaced interest rate. The post ‘The Most Astounding Credit Binge in History’ appeared first on The Daily Reckoning Australia. See Original Article Australia: Lucky Country for How Long? The […]

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Two Years Too Early or Two Days Too Late

Two Years Too Early or Two Days Too Late I’ve decided I would much rather be much too early on something like this because being too late will be fatal. The post Two Years Too Early or Two Days Too Late appeared first on The Daily Reckoning Australia. See Original Article Are You Prepared for […]

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Is Australia a Teacup?

Is Australia a Teacup? Australian households have excessive debt and leverage, which adds to the fragility of a narrow economy. The resources boom sustained the debt boom, but it cannot continue to do so now. The post Is Australia a Teacup? appeared first on The Daily Reckoning Australia. See Original Article A Visit to the […]

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Why Chinese Manufacturing Data Signals a Coming Collapse

Why Chinese Manufacturing Data Signals a Coming Collapse China’s economy is going from bad to worse. The manufacturing sector, for so long the lifeblood of the economy, fell to its lowest point in over six years this month. The post Why Chinese Manufacturing Data Signals a Coming Collapse appeared first on The Daily Reckoning Australia. […]

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European PIGS Start to Fly

European PIGS Start to Fly Ireland’s beginning to look like the greyhound of the pack, rising at six times the pace of the rest of Europe. The post European PIGS Start to Fly appeared first on The Daily Reckoning Australia. See Original Article One Mining Sector You Should Be Looking At This means commodities have […]

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