Biggest GDP rise in five years

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Fri, 22 Jun 2012 9:31a.m.

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GDP for the March quarter was up 1.1 per cent, the biggest rise for five years.

GDP for the March quarter was up 1.1 per cent, the biggest rise for five years.

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26/06/2012 2:11:05 p.m.

Todd wrote:

Sure it applies to all resources I agree. But energy is what really matters, and we wouldn't have had the phenomenal, exponential growth we have had over the last couple of centuries without abundant, cheap energy. Also it's not a debt crisis, it's a growth crisis. Debt can (and is) always repaid when we have strong economic growth. Energy is what drives the economy not money.

25/06/2012 1:52:54 p.m.

Luke wrote:

Todd, It is not just energy, it is all resources. And The Euro crisis is small in comparason to what is going to happen in the US, US unfunded liabilities are enormous and a major debit crisis will result in the next decads.

22/06/2012 5:36:35 p.m.

Todd wrote:

Warren Buffett, Robert Kiyosaki and Richard Branson are all predicting an energy crisis that is going to negatively effect the globally economy like nothing else has in a very long time. It's already started. I'm sorry Michael Wilson but you wouldn't even know where to start looking for a clue.