11.09.2008

Pretty ordinary

One of the quaint Australian expressions I love is "pretty ordinary." It doesn't mean ordinary or average. It means "it sucks." The Oakland Raiders would be "pretty ordinary" to an Australian. John McCain's campaign was "pretty ordinary."

... which makes it quite appropriate that the Australian stock index is called the "All Ordinaries."

No comments:

QE has permanently ruined bonds for investors

You used to earn an interest rate roughly inline with nominal GDP growth, even slightly better. Since the Fed started manipulating interest...