tag:blogger.com,1999:blog-5104479.post7950148872931242822..comments2023-05-27T23:20:32.194+10:00Comments on Marco's Blog: High Dollar - Manifest DestinyMarco Parigihttp://www.blogger.com/profile/00702055111711651319noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-5104479.post-19527744659687366792009-11-03T11:33:16.318+10:002009-11-03T11:33:16.318+10:00Watch this space...
Still can't find Red Mars...Watch <a href="http://www.theaustralian.news.com.au/story/0,25197,26295550-5015663,00.html" rel="nofollow">this space</a>...<br /><br />Still can't find Red Mars anywhere, oddly enough. Almost done with Blue, but got distracted into reading a few other things.Chris Fellowshttps://www.blogger.com/profile/03020350770567584929noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-64431375370536869482009-10-26T15:20:21.522+10:002009-10-26T15:20:21.522+10:00As an eater of macropods rather than ruminants, I ...As an eater of macropods rather than ruminants, I find much to applaud on the first one or two pages of the Superfreakonomics article! The thing that made me bang my head against the wall in despair at the world's stupidity the most times yesterday was Bob Brown tut-tutting about culling kangaroos... if people could only reason logically from their won core axioms, no matter how flawed, I should be very much happier....Chris Fellowshttps://www.blogger.com/profile/03020350770567584929noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-81387711189348426642009-10-26T13:31:20.288+10:002009-10-26T13:31:20.288+10:00Speaking of books there's
Superfreakonmics wi...Speaking of books there's<br /><a href="http://delong.typepad.com/files/superfreakonomics-chapter-5.pdf" rel="nofollow"> Superfreakonmics</a> with a linked to article regarding climate change. Realclimate has attacked the chapter - so it must be good :)Marco Parigihttps://www.blogger.com/profile/00702055111711651319noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-43313379642575072172009-10-26T13:27:42.385+10:002009-10-26T13:27:42.385+10:00As far as the Reserve currency thing goes, The Oz ...As far as the Reserve currency thing goes, The Oz is the sixth most held currency in the World, and the US-Oz cross is the fourth highest traded currency pair. Commodity prices have been more stable in Oz terms than in US $ terms.<br /><br />Although the common theme is "RMP rises - so too does Australia" and downwards presumably, this does not seem to be the case. The Oz is so liquid and flexible that it is a major platform for adjustment when bubbles burst. Therefore, I would suggest the thought experiment of "Where would the safe haven be IF an RMP bubble bursts explosively"<br /><br />The Oz would only plummet until our exports were of such value as to be a huge engine of growth again.<br /><br />Through that process, the reserves held in OZ dollars would buy roughly the same amount of easily tradeable resources, making the long term value of that decision even better.Marco Parigihttps://www.blogger.com/profile/00702055111711651319noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-3717784324098979062009-10-26T13:10:56.152+10:002009-10-26T13:10:56.152+10:00I haven't actually- planning to have another l...I haven't actually- planning to have another look in the library this afternoon.Chris Fellowshttps://www.blogger.com/profile/03020350770567584929noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-69046915824016949352009-10-26T13:04:29.661+10:002009-10-26T13:04:29.661+10:00I wasn't sure whether you had managed to get h...I wasn't sure whether you had managed to get hold of Red Mars. That probably had the most discussable elemnts perhaps.Marco Parigihttps://www.blogger.com/profile/00702055111711651319noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-39904801896970016382009-10-26T12:47:17.654+10:002009-10-26T12:47:17.654+10:00It's the non sequitary's day off, so I tho...It's the non sequitary's day off, so I thought I may as well fill in... I assume from your lack of comments you're not actually interested in discussing the "Colour Mars" trilogy and were only trying to make me read it as a psychological experiment? :)Chris Fellowshttps://www.blogger.com/profile/03020350770567584929noreply@blogger.comtag:blogger.com,1999:blog-5104479.post-62454407423080694552009-10-26T12:29:23.001+10:002009-10-26T12:29:23.001+10:00I don't think we're a good reserve currenc...I don't think we're a good reserve currency, I'm still sure we'll take a tumble when the Renegade Mainland Provinces bubble bursts. Of course, this makes it even more important for us to diversify our economic base by investing in some far northeastern states!Chris Fellowshttps://www.blogger.com/profile/03020350770567584929noreply@blogger.com