You can't stop the mean reversion

Firstly, Merry Christmas and happy New Year to all. I thank you for your support during the year and look forward to helping you out in 2013. Now, to the post: PART 1 In Who cares about the budget? I pointed out that we, as a nation, were rather silly get worked up about the budget when the actual financial results were likely to be out by billions. Why not just wait until the 'actuals' were in? Well, reality is coming soon and Wayne Swan has waved the white flag. After brilliant feats of accounting gymnastics at Mid Year Outlook time, Mr...

Firstly, Merry Christmas and happy New Year to all. I thank you for your support during the year and look forward to helping you out in 2013.

Now, to the post:

PART 1

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