It would be very useful to find out what ‘war gaming’ exercises RBA and APRA have conducted to assess what they would do if the demand for debt dropped sufficiently to produce […]
Has the RBA lost its Mojo or is it just “idling” the Debt Machine.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link maybe locked – but there is a free trial available) The RBA certainly seems […]
Iceland shows Australia how to fix a broken Monetary System
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT It seems that Iceland remains determined to be the only country that is prepared to chart an independent course in a world of high finance and private and […]
Peter Martin gives Hockey an undeserved break on unlocking super for housing
GLASS PYRAMID ‘EXCLUSIVE’ SEALED SECTION CONTENT In a strange article, the usually pretty reliable Peter Martin, gives Joe a break over the plan that has been floated, and to varying degrees supported by […]
The special sauce of the Oz economy: “Household Debt” breaks through to the mainstream.
To read the original version of this comment in the original context at Business Spectator click this link. (link may be locked – but there is a free trial available) First it was […]
The RBA assures us there is nothing to fear even as the ‘bait rate’ debt life support measures are turned up to 11.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) Any wonder that […]
Boomers did not start the fire – but some do enjoy the glow.
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) “…Again, to couch […]
How to stop the “currency wars” from destroying the Australian economy (…any more than they already have)
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Houseless, A fiat currency regime is not a WMD because it is easy for […]
Economics: The BOS index (beads of sweat) is reaching new highs
This comment was made at Macrobusiness (link may be locked – but there is a free trial available) Expect things to get very incoherent as a defunct economic model (neo-lib attitudes to trade and […]
Don’t anybody mention the war (Household Debt)
This comment was made this week at http://www.macrobusiness.com.au (link may be locked but there is a free trial available) http://www.macrobusiness.com.au/2015/02/treasury-greybeards-warn-australian-financial-crisis/#comment-1086849 Not sure about retired Treasury officials, but is pretty clear that the […]
Will Chinese Factory workers forgive Oz Household Debts?
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/apra-must-rein-property-1890s-time/#comment-1084405 The answer to that question is that they will not but then none of the IOUs issued by Australian […]
Interest rate cuts – Extend and Pretend
This comment was made this week at http://www.macrobusiness.com.au (link may be locked) http://www.macrobusiness.com.au/2015/02/abbottalypse-destruction-mushrooms/#comment-1082505 Yep The half life of the current extend and pretend policies; Bait rates to ZIRP and NIRP FTAs FIRB […]
Stress in household debt
To read the original version of this comment in the original context at Macrobusiness.com.au click this link. (link may be locked – but there is a free trial available) Nice work! As […]
The Glass Pyramid 