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MacroBusiness Tuesday, June 11, 2019 - 00:01 Source

Global Macro / Markets / Investing: Trump’s trade wars have cost the stock market $5 trillion and counting: Deutsche Bank – CNBC The new “sharecroppers”: AI programs are being powered by thousands of low wage workers – Axios Real World Economics: Weather, bad crops and lasting effects – Twin Cities 80% of trade takes place

The post Links 11 June 2019 appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, June 10, 2019 - 23:27 Source

Three weeks after its slender election victory, the Morrison government is all at sea. Three Chinese warships steam into Sydney Harbour uninvited. Spring our ring of steel. Laugh at our border security. PLA navy sailors roam The Emerald City, on a four day sleepover. And a shop. Cans of infant formula walk out the door.…

The post ScoMo embraces police state in a shocker of a week. appeared first on The AIM Network.

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En Passant Monday, June 10, 2019 - 20:15 Source

Australia does not have a right to free speech. However the High Court has ruled that there is implied in the Constitution a right to political communication. Like all things constitutional, written or implied, this is subject to the Court’s interpretation.  I think it fair to say it is a fairly narrow right, and one the Court keeps narrowing.

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Your Democracy Monday, June 10, 2019 - 20:12 Source

angie

How can we not be confused with so many attempt by people to conquer our little brains, with an axe to grind or something to sell?… And they claim the high side of the street — that side away from the central gutter, and away from the overnight piss, that filled cracked chamberpots, thrown from the upper storeys of medieval crumbling houses… 

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The Melbourne Urbanist Monday, June 10, 2019 - 18:00 Source

It’s a popular idea, but the revenue foregone from abolishing fares in a city like Melbourne would have a bigger impact if it were instead spent on improving public transport to make it more competitive with driving Should public transport fares be abolished?

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Your Democracy Monday, June 10, 2019 - 17:11 Source
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The Australian Independent Media Network Monday, June 10, 2019 - 17:00 Source

Stripping the altars, burning the heretics and cleansing the stables are the usual fare of a morally crazed order. The engaged agents think they have found the reason for existence and need to bother everybody else about it. Some of this can be a very dangerous thing indeed – at least historically. Those who claim…

The post Cleansing the Platforms: YouTube, Censorship and Grievance appeared first on The AIM Network.

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Renew Economy Monday, June 10, 2019 - 16:38 Source

Iberdrola plans 590MW solar PV installation in Spain, which will be biggest in Europe when complete.

The post Iberdrola plans 590MW solar plant in Spain – Europe’s largest appeared first on RenewEconomy.

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Renew Economy Monday, June 10, 2019 - 16:38 Source

Iberdrola plans 590MW solar PV installation in Spain, which will be biggest in Europe when complete.

The post Iberdrola plans massive 590MW solar plant in Spain – Europe’s largest appeared first on RenewEconomy.

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MacroBusiness Monday, June 10, 2019 - 16:30 Source

Asian share markets are starting the week with a fresh bounce in the wake of Wall Street’s rally post-NFP print, with the Federal Reserve likely to support risk assets one more time. The Yuan is weakening again as Chinese authorities manipulate the currency as the trade war goes on, with the USDCNH offshore pair moving closer

The post Macro Afternoon appeared first on MacroBusiness.

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THE BLOT REPORT Monday, June 10, 2019 - 10:44 Source

Someone showed me an
e-mail they received from the Media, Entertainment & Arts Alliance (MEAA).
This organisation is the trade union for those involved in journalism, acting,
theatre and amusements. It was registered in 1992 and was formed from the
merger of the Australian Journalists Association, Actors Equity of Australia,
and the Australian Theatrical and Amusement Employees Association, with the
later inclusion of the Symphony Orchestra Musicians Association1. The
e-mail was in response to the two raids by the Australian Federal Police (AFP) on

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The Australian Independent Media Network Monday, June 10, 2019 - 10:29 Source

Ok, let’s skip ahead to next year, Josh Frydenberg is delivering the Budget: “As you are all awared , this year’s projected surplus will now be a small deficit. There are many reasons for this but chiefly, it’s down to Labor. Not only did they block many of our savings measures but they irresponsibly waved…

The post Why Labor Should Hang Its Head In Shame! appeared first on The AIM Network.

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xkcd.com Monday, June 10, 2019 - 10:00 Source

Even the powerful, tart Granny Smith cultivar is proving ineffective against new Gran-negative doctors.

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MacroBusiness Monday, June 10, 2019 - 09:30 Source

By Chris Becker  The May US non farm payroll was one of the weakest job prints since the GFC, which of course meant that Wall Street rallied as this structural problem will result in lower rates by the Fed. The USD fell to a two month low against almost everything, with Euro breaking out of

The post Macro Morning appeared first on MacroBusiness.

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The Australian Independent Media Network Monday, June 10, 2019 - 08:49 Source

The message from the RBA is clear – the economy needs stimulus. But the government’s strident opposition to all suggestions from Labor has left them little room to move. The only things keeping us out of recession are population growth and government spending.  But the government has vowed to cut immigration and government spending. They…

The post The government has dug itself into a deep hole and the walls are crumbling appeared first on The AIM Network.

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Your Democracy Monday, June 10, 2019 - 07:24 Source

mining

Five dams used to store mining waste are at “extreme” risk of causing environmental damage if they fail, according to a review by BHP, the world’s biggest mining company.

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MacroBusiness Monday, June 10, 2019 - 00:15 Source

DXY was whacked Friday night and has broken its uptrend line (though not necessarily its up trend). EUR leaped. CNY was flat: The Australian dollar jumped to new highs above 0.7 cents but fell against the roaring EUR: It was flat against EMs: Gold firmed again: Oil too: But not metals: And miners were only

The post Australian dollar jumps as Shanghai Accord 2.0 takes shape appeared first on MacroBusiness.

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MacroBusiness Monday, June 10, 2019 - 00:12 Source

Australian employer groups frequently claim that a strong ‘skilled’ migration program is required to overcome perceived labour shortages – a view that is shared by Australia’s state and federal governments. However, the available data does not support their assertions. First, while Australia’s is said to run a ‘skilled’ migration program, the Productivity Commission’s (PC) 2016

The post Australia’s skilled migrant visa sham appeared first on MacroBusiness.

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MacroBusiness Monday, June 10, 2019 - 00:10 Source

CoreLogic has released its preliminary auction report, which reported a sharp drop in the national clearance rate driven by the smaller capitals. The preliminary national auction clearance rate was 51.3%, well below last week’s preliminary clearance rate of 61.5% and also below the 53.8% final clearance rate recorded in the same weekend of last year:

The post Auction rebound stalls appeared first on MacroBusiness.

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MacroBusiness Monday, June 10, 2019 - 00:01 Source

Global Macro / Markets / Investing: The World’s Wealthiest People And Companies Are Holding Record Levels Of Unused Cash – Axios Two Epic Bull Markets Are Dueling Over the Fate of Global Growth – Bloomberg World leaders prepare for biggest corporate tax overhaul in a century – Local10 The Effects of Concentration in the Asset

The post Queen’s Birthday Holiday Links 10 June 2019 appeared first on MacroBusiness.

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THE BLOT REPORT Sunday, June 9, 2019 - 16:14 Source

The post Joseph Stiglitz quote appeared first on THE BLOT REPORT.

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The Australian Independent Media Network Sunday, June 9, 2019 - 15:54 Source

The great centrist European tradition of social democracy has been receiving a rattle for the last few decades. The European Parliament elections were a reminder how much their appeal has diminished. In Denmark, by way of contrast, they have established something of a bridgehead, defeating the centre-right coalition led by the Venstre party’s Lars Løkke…

The post The Danish Elections: Social Democracy with an Inhumane Face appeared first on The AIM Network.

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En Passant Sunday, June 9, 2019 - 12:57 Source

The Israel Folau case worries me. Rugby Australia sacked Folau for his proselytising post that said:

WARNING Drunks, Homosexuals, Adulterers, Liars, Fornicators, Thieves, Atheists, Idolaters HELL AWAITS YOU Repent! Only Jesus Saves.

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The Australian Independent Media Network Sunday, June 9, 2019 - 10:10 Source

Jordan Peterson has made another intervention ; arguing against ‘equity politics’ as opposed to what passes for ‘equality of opportunity’ in Western societies. For his own purposes he defines ‘equality’ as ‘equality under the law’ and ‘meritocracy’ as far as it has progressed in Western society. (We could also add free, universal and equal suffrage ;…

The post Jordan Peterson gets it wrong again on inequality appeared first on The AIM Network.

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The Australian Independent Media Network Sunday, June 9, 2019 - 09:30 Source

Brian Morris asks several pertinent questions: “Where is the challenge to an increased Christian influence in politics? What role does mainstream media play in shielding religion? And has the atheist voice been silenced on contesting Christian provenance?” Tim Wilson is now the Liberal member for Goldstein, but when he was appointed Human Rights Commissioner, in…

The post Calls to challenge the Christian crusade appeared first on The AIM Network.

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Your Democracy Sunday, June 9, 2019 - 07:11 Source

defend it

David McBride was almost out of Sydney when his phone lit up.

It was his ex-wife. Something was wrong.

She rarely called when she knew he was behind the wheel.

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Poll Bludger Sunday, June 9, 2019 - 06:37 Source

A look at how the religious vote might have helped Scott Morrison to victory, plus some analysis of turnout and the rate of informal voting.

The post Election plus three weeks appeared first on The Poll Bludger.

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Harrangue Man Sunday, June 9, 2019 - 00:24 Source

Ever since my surgeon told me my body was not my fault I've been mad. Not angry, mad. The rush of unfairness for a life I missed has left me steaming. I think I could have handled it if I'd been supported but I wasn't. So my unreasonable anger is reasonable. If time heals all wounds then it's going to take a while. Like fallen number eight long.The past; if only you could keep it there.

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The Australian Independent Media Network Saturday, June 8, 2019 - 18:24 Source

Where to start with Angus Taylor? There was his very public opposition to wind farms ever since one was built next door to his family property near Cooma.  He has been a strident critic of the renewable energy target, saying he had watched local communities “tear themselves to pieces, cousin against cousin, brother against brother…

The post Sorry Angus, you are talking crap appeared first on The AIM Network.

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The Australian Independent Media Network Saturday, June 8, 2019 - 16:00 Source

By Dr George Venturini   Elizabeth Alexandra Mary Hanover-Saxe-Coburg-Gotha, later Windsor (since 1917), and later still Battenberg (since 1947) in the part of Elizabeth the Second, by the Grace of God Queen of the United Kingdom and Her other Realms and Territories, Head of the Commonwealth, had officiated in Perth, Western Australia on 28 and 29…

The post A cast of characters: The Monarchy (part 6) appeared first on The AIM Network.

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