Footsore Cheers for that. It was an interesting interview and well worth the time. http://www.debtdeflation.com/blogs/2016/12/13/prof-steve-keen-on-private-debt-and-his-solution-peoples-qe/ Though I am surprised that Steve Keen is still pushing the idea of a “Debt Jubilee” as […]
It has been a busy week at the Glass Pyramid as a cloud of confusing and obfuscating commentary on “Foreign Debt” has again descended on the nation. Never have so few worked […]
We don’t hear too much about “foreign debt” these days. Neither the foreign debts owed by our private companies and private banks nor the foreign debts owed by our governments especially the […]
The following comment was made in response to a comment at Macrobusiness EP, “..The slightest withdrawal of the economic stimulant (debt) plunges an economy into depressive conditions…” “..There are other forms of […]
It was good to see the ALP making an effort this week to extract data from a reluctant NSW Government about the level of foreign citizen buying of housing and land in […]
It always sounds odd to argue that we need a lower $AUD but the ‘value’ of the $AUD is very important in determining whether or not Australia becomes a Banana Republic. People […]
NEWSFLASH – Since publishing this post on Saturday there has been a flurry of activity by the State Government, as some foreign buyer data for the period July through September 2016 […]
The papers are full of stories about Australian companies being gouged and charged top dollar for LNG supplies at the same time as a bunch of international companies extract our gas reserves […]
Sorry there was a typo in that headline. “Bank CEOs deny Australian Housing is in a bubble” is what it should have said but in terms of denying the obvious it is […]
An excellent interview from Renegade Inc. Professor Richard Werner and David Buik talk with the host Ross Ashcroft about what is wrong with modern banking – especially in the UK. Plenty of […]
With the ongoing and loud debate about the merits of negative gearing and property investment, Australian property investors may not be paying enough attention to the mountains of property data the ATO […]
Douglas Driscoll, the CEO of Starr Partners – real estate agents – reckons that foreign buying of Australian real estate is out of control. It is a good indication just how out […]
Seasoned RBA Watchers always look forward to speeches by Luci Ellis. Although solid as rock when it comes to preserving the sacred myths and fables of modern neoliberal era central banking, there […]
There is a story running in the Australian Financial Review today by Phil Coorey suggesting that Mr Morrison is thinking about reducing or eliminating the CGT concession that has made residential property […]
Everyone seems to be agreed that house prices in Australia are high …. very high…. nose bleed high …. international jet set standards high. Sure there are a bunch of Bernard Salt […]
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