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Smme Reading: Top cha fo 2011

Posted by MacroBusiness in Links on Dec 30th, 2011 | 3 comments

Todays Summer Reading collates the most interesting and provoking charts posted on MacroBusiness throughout

2011:

First we have Rumplestatskins chart comprising the real (adjusted for inlation) after tax RAT returns on term

deposits for Australian investors, showing have savers have been punished for over 10 years:


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As The Unconventional Economist shows, this secular shift in lower rates and thus savings has now reversed back to the

long term trend but will rates?

The Prince then showed US military expenditure since 2001:

Rumplestatskin shows why a Sovereign Wealth Fund, modelled off the Norwegian version, is not a current (sic) option

for Australia just yet:


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Delusional Economics back in August showed how Australias housing market was in a slow melt, which has continue

apace throughout the year, contrary to pundits expectations:

The Unconventional Economist shows why the banks reliance on foreign short term debt means a crisis in Europe does

matter:


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The Prince, annoyed at punditry and officialdom stating the economy is growing at trend dug through the real data,

measured by GDP growth per capita, to find 10 year growth is 1.5% annualised, but post-GFC growth is only 0.9%,

after tremendous monetary, fiscal and external stimuli:

Theres nothing certain in life but death and taxes, or as The Prince showed, LOTS of taxes:


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The Unconventional Economist says we are all Keensians now why? Private credit the elephant on the second floorcompletely ignored by mainstream economists and officialdom, who gloat about Australias low public debt:

And heres the chart that started his

discussion:


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The Unconventional Economist models Australian demographics and their affect on asset prices (particularly housing),

with this medium growth scenario chart showing the ratio of net buyer/sellers negative and falling by the end of this

decade:

Which leads on to The Princes exposition of an uber-bulls call for the ASX200 to double well before that time, on the

realisation that a price earnings ratio of 11 for stocks is the norm, not 15 which was an aberration during the Baby

Boomer Boom:


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From Wilson HTM

www.twitter.com/ThePrinceMB

3 Responses to Summer Reading: Top charts for 2011

1. asguru says:

December 30, 2011 at 11:31 am

I dont think The Prince is the only one who is annoyed by the dribble coming out of some of the politicians

mouths down in Canberra about how good things are.

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Bran Kavanagh says:

December 30, 2011 at 11:40 am

No quite right! http://www.thedepression.org.au/?p=8783

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asguru says:

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Summer Reading_ Top Charts for 2011 - Macrobusiness.com.Au _ Macro Business