Stock markets are not looking right.They have sold off over the past month after reaching all-time highs in early September. The price of oil has surged further to over US$75 a barrel. Gas and uranium prices have also risen sharply.
How Commoditised Research Is Destroying Universities and Academic Integrity
The reason why I raise this story is that it is the epitome of how far down the gutter the academic publication industry has sunk.
Is Higher Education Worth The Risk of Taking The Needle?
This week, I will talk about how university rankings do not tell you the full story as the modern education model has changed…
The Stock Market Is Lying to You — Lopsided Stock Market
You might bring up how private corporations are faring by referring to how the stock market indices are trading at record highs. This is exactly where I want you to go.
Lockdown Madness, Public Health Bungle, The Sinking Australian Economy
Taxes? You have to be kidding me. We just sledgehammered the powerhouse of the Australian economy!It will no doubt come from borrowings and a budget deficit…
How Governments Overreach Destroys — Straining The Financial System
Governments have splurged on bailing out businesses and households. However, they will sink deeper into debt. Borrowing more from the central banks will drive our already fragile financial system into further strain…
The Next Economic Implosion Not Down but Up and Away
You may think that I am nuts to suggest that an economic collapse will cause anything but a price collapse. But bear with me on this. The logic is very simple to see why it might be different next time…
How the ‘Experts’ Hide the Real Costs of Living
The figure above shows the CPI in Sydney increased at a consistent rate. The smoothness of this trend hides a lot of what is really occurring beneath the surface.
Central Banking: Price Fixing and the Illusion of Control
Notice how the RBA statement does not talk about economic growth? They care about debt, economic activity, and inflation. Economic activity means spending. Productive spending that leads to wealth creation is a different matter.
Cryptocurrency — The Third Party in the Global Currency Wars
Welcome to the ‘currency wars’. In every war, there are casualties and hostages. A new party has entered this currency war: cryptocurrencies…
