Comments on: We Are on SBS "Insight" in Australia on Tuesday http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html Sun, 22 Nov 2009 22:11:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Quarrel http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22518 Quarrel Tue, 21 Oct 2008 13:30:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22518 Yves, watched Insight.<br/><br/>Was great - as you said, well put together. You did well- standing up for your (eminently sensible!!!) opinions, particularly in the face of Schiff.<br/><br/>A purely cosmetic comment- Jenny Brockie's dress was atrocious! Glad to see you went with a smart suit (? We only see your top half) Looked good. Great camera performance - saw you on the webcam (can't remember the site) the other week, and none of the glances etc this time! Was great.<br/><br/>For those that missed it its now available online (I assume they don't do silly country restrictions, but am in Australia, so can't tell).<br/><br/>http://news.sbs.com.au/insight/episode/index/id/48#watchonline<br/><br/><br/>--Q Yves, watched Insight.

Was great – as you said, well put together. You did well- standing up for your (eminently sensible!!!) opinions, particularly in the face of Schiff.

A purely cosmetic comment- Jenny Brockie’s dress was atrocious! Glad to see you went with a smart suit (? We only see your top half) Looked good. Great camera performance – saw you on the webcam (can’t remember the site) the other week, and none of the glances etc this time! Was great.

For those that missed it its now available online (I assume they don’t do silly country restrictions, but am in Australia, so can’t tell).

http://news.sbs.com.au/insight/episode/index/id/48#watchonline

–Q

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22392 Anonymous Mon, 20 Oct 2008 12:13:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22392 SBS now produces pretty much the most respected news and current affairs in Australia. Insight on of the best out there when it comes to our TV media.<br/><br/>Unlike the US and to some extent Europe the Australian television market is still dominated by free programming and NOT cable tv. SBS is alot different from the american PBS. SBS now produces pretty much the most respected news and current affairs in Australia. Insight on of the best out there when it comes to our TV media.

Unlike the US and to some extent Europe the Australian television market is still dominated by free programming and NOT cable tv. SBS is alot different from the american PBS.

]]> By: Yves Smith http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22380 Yves Smith Mon, 20 Oct 2008 08:22:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22380 Richard,<br/><br/>Thank you! Yes this is fun and educational too. And I've always had good luck with Australia (except with certain parts of the bureaucracy....). Richard,

Thank you! Yes this is fun and educational too. And I’ve always had good luck with Australia (except with certain parts of the bureaucracy….).

]]> By: Richard Smith http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22379 Richard Smith Mon, 20 Oct 2008 08:12:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22379 Congrats on your international TV debut Yves. <br/><br/>Bet you didn't see that coming when you started Naked Capitalism. <br/><br/>This is turning into quite an adventure, huh? Congrats on your international TV debut Yves.

Bet you didn’t see that coming when you started Naked Capitalism.

This is turning into quite an adventure, huh?

]]> By: Glen http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22378 Glen Mon, 20 Oct 2008 08:09:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22378 In Australia, I think the topic of the role in greed is just a distraction to the real issues affecting our economy. Real estate is a big topic here because we invested so much have the belief that we will never have a price crash because 'our situation is different from everyone elses' i.e. immigration and housing shortage. I have an April 97 ABN Amro UK report called 'Home Truths' that detailed that this same sentiment prevailed in the UK during their boom but when compared to fundamentals, this argument did not stack up - cheap credit was the culprit, and look where they are now. (BTW - Australia had a net loss of 76 000 immigrants last FY.) Anyway, with interest rates falling, spending increasing, the current account will blow out and with the dollar down, the cost of international borrowings will sky rocket leaving us well and truly stuffed. <br/><br/>http://www.smh.com.au/news/opinion/paul-sheehan/paul-sheehan-on-one--mans-warning/2008/10/19/1224351052160.html In Australia, I think the topic of the role in greed is just a distraction to the real issues affecting our economy. Real estate is a big topic here because we invested so much have the belief that we will never have a price crash because ‘our situation is different from everyone elses’ i.e. immigration and housing shortage. I have an April 97 ABN Amro UK report called ‘Home Truths’ that detailed that this same sentiment prevailed in the UK during their boom but when compared to fundamentals, this argument did not stack up – cheap credit was the culprit, and look where they are now. (BTW – Australia had a net loss of 76 000 immigrants last FY.) Anyway, with interest rates falling, spending increasing, the current account will blow out and with the dollar down, the cost of international borrowings will sky rocket leaving us well and truly stuffed.

http://www.smh.com.au/news/opinion/paul-sheehan/paul-sheehan-on-one–mans-warning/2008/10/19/1224351052160.html

]]> By: Donnie Osmond http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22375 Donnie Osmond Mon, 20 Oct 2008 07:45:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22375 Yes, you are pretty assertive, so I am sure you will be able to hold your own. What gets me about a guy like Schiff, is that he is way to cocky, given that his picks are one or two ticks above abysmal. And he always says to check out his videos on U Tube...well this video show him predicting Naz 500 in May of 2002 and that the next bull mkt in America would start around 2007. http://www.youtube.com/watch?v=emvMqjtcO7o<br/><br/>He is a broken clock and he was finally correct on the US markets getting clocked. I just wish people saw his record going back 5 to 10 yrs ago.<br/><br/>Donnie Yes, you are pretty assertive, so I am sure you will be able to hold your own. What gets me about a guy like Schiff, is that he is way to cocky, given that his picks are one or two ticks above abysmal. And he always says to check out his videos on U Tube…well this video show him predicting Naz 500 in May of 2002 and that the next bull mkt in America would start around 2007. http://www.youtube.com/watch?v=emvMqjtcO7o

He is a broken clock and he was finally correct on the US markets getting clocked. I just wish people saw his record going back 5 to 10 yrs ago.

Donnie

]]> By: Yves Smith http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22372 Yves Smith Mon, 20 Oct 2008 07:06:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22372 Donnie Osmond,<br/><br/>You are correct, and "kinda" is putting it mildly. He made it hard to get a word in, when I am no shrinking violet and Jenny Brockie is a pretty forceful moderator. Donnie Osmond,

You are correct, and “kinda” is putting it mildly. He made it hard to get a word in, when I am no shrinking violet and Jenny Brockie is a pretty forceful moderator.

]]> By: Donnie Osmond http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22370 Donnie Osmond Mon, 20 Oct 2008 06:49:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22370 Mr Schiff has a weekly show for his customers. Right now, they are bailing, as his crashproof portfolio is invested in Australian mining stocks. The Australian dollar has fallen 35% recently, and the mining stock have fallen more. Also, he reco'd AU on the Bob Pisner show, or maybe I am mistaken and it was fox channel....watch out he is kinda aggressive. Mr Schiff has a weekly show for his customers. Right now, they are bailing, as his crashproof portfolio is invested in Australian mining stocks. The Australian dollar has fallen 35% recently, and the mining stock have fallen more. Also, he reco’d AU on the Bob Pisner show, or maybe I am mistaken and it was fox channel….watch out he is kinda aggressive.

]]> By: Anonymous http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22368 Anonymous Mon, 20 Oct 2008 06:32:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22368 Schiff as the contrarian view presents all sides. I'm sure he can handle it.<br/><br/>Financial Armageddon should result in a (reserve) currency rising from the ashes. The extent of damage of Countries' banking systems and economies is yet unknown. They used to move debt around, now they are just hiding it. The rug has a big bump under it, the consumer is going to trip on it and fall into a depression. Schiff as the contrarian view presents all sides. I’m sure he can handle it.

Financial Armageddon should result in a (reserve) currency rising from the ashes. The extent of damage of Countries’ banking systems and economies is yet unknown. They used to move debt around, now they are just hiding it. The rug has a big bump under it, the consumer is going to trip on it and fall into a depression.

]]> By: Yves Smith http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on.html#comment-22366 Yves Smith Mon, 20 Oct 2008 06:17:00 +0000 http://www.nakedcapitalism.com/2008/10/we-are-on-sbs-insight-in-australia-on-tuesday/#comment-22366 Whoops! Will fix the post... Thanks! Whoops! Will fix the post… Thanks!

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