tag:blogger.com,1999:blog-5573426.post2939887500399064257..comments2024-02-20T15:17:48.594+11:00Comments on A.E.Brain: The US Economy, in a nutshell.Zoe Brainhttp://www.blogger.com/profile/13712045376060102538noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5573426.post-20088834740529535552014-01-05T17:18:01.614+11:002014-01-05T17:18:01.614+11:00The Credit Suisse numbers are on a different basis...The Credit Suisse numbers are on a different basis, and different measure.<br />But they conform relative to one another with the other figures on Wiki.<br /><br />As regards housing bubble - demand exceeds supply. Slow steady growth over decades. Low interest rates keep prices high as people can afford to buy and pay off (30% plus deposit needed though).<br /><br />It's a product of population concentration. When the next nearest city is 1000km away, it tends to lead to high prices near the centres. Also, cost of construction isn't cheap due to high minimum wages. You don't get the same value for money as elsewhere.Zoe Brainhttps://www.blogger.com/profile/13712045376060102538noreply@blogger.comtag:blogger.com,1999:blog-5573426.post-35010345647932567492014-01-05T15:12:21.940+11:002014-01-05T15:12:21.940+11:00The GDP figures disagree with this list.
The weal...The GDP figures disagree with <a href="http://en.wikipedia.org/wiki/List_of_countries_by_GDP_%28PPP%29_per_capita" rel="nofollow">this list</a>.<br /><br />The wealth figures may be an illusion. Is Australia going through a real-estate bubble?Josephhttps://www.blogger.com/profile/04720409839023747889noreply@blogger.comtag:blogger.com,1999:blog-5573426.post-5628804262595236832014-01-04T09:37:11.816+11:002014-01-04T09:37:11.816+11:00When you divide the finite resources among more pe...When you divide the finite resources among more people each gets less as machines do the work.<br /><br /> RobAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5573426.post-38113926317226068562014-01-03T12:26:25.352+11:002014-01-03T12:26:25.352+11:00Scary, and I'm English!Scary, and I'm English!Paulahttps://www.blogger.com/profile/12577631984995202146noreply@blogger.com