Dear Reader, Governments are doing a rather good job of keeping the economy together. At least by the measures which politicians pay attention to. House prices, unemployment, GDP, house prices, and house prices, for example. In fact, house prices are doing rather well. ‘Even in the midst of a recession the Australian housing market continues […]
Dear Reader, Today I was going to talk about what will save Victoria. From my 5km bubble, I was going to throw out the idea that perhaps Victorians — with the blessing of our lunatic government — may be able to dig our way out of trouble over the next decade. That perhaps this tiny, […]
Josh Frydenberg seems to think that debt is the solution. And he’s going to make that happen by scrapping ‘responsible lending’ laws. In my opinion though, this lending reform won’t save the banks…
Don’t ask me why, but this morning as I was getting ready for work (a whole four metre walk from the bedroom to the study), I remembered a conversation I had with a taxi driver in Vancouver last year.
In 2008, investors suddenly discovered what sub-prime mortgages are. But what if someone had warned you about them in 2006?
Dear Reader, Every morning, I sit in front of the computer with a cup of coffee to read the news, but also to check on the exchange rates. The value of the AUD against the Euro…USD…gold. But I also keep a close watch on the USD rate against several other currencies. It’s something that rooted […]
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