Lately I have been asked to try and make sense of Donald Trump and the first three weeks of his presidency.
And, more specifically, to comment on the drama that unfolded in Munich these past few days.
Trump’s assaults on governance could trigger systemic collapse. Here’s how it might happen, and how we can prepare.
By George Monbiot, published in the Guardian 18th February 2025
On Thursday, I reported how the Reserve Bank of Australia’s (RBA) latest Statement of Monetary Policy (SoMP) suggested that real per capita household disposable income may not recover back to its Q2 2022 peak until the early 2030s. The situation is even worse for real wages. The following chart shows actual real wage growth as
https://www.youtube.com/watch?v=6aBZiYs8KEw
MORE TO COME....
YOURDEMOCRACY.NET RECORDS HISTORY AS IT SHOULD BE — NOT AS THE WESTERN MEDIA WRONGLY REPORTS IT.
Gus Leonisky
POLITICAL CARTOONIST SINCE 1951.
The relationship between the United States and key ally Ukraine is dissolving before our eyes.
Its a sea of red across most Asian share markets as His MAGA-Sty tries yet another round of tariffs following the falling in line behind Russia over Ukraine, although other risk markets have been able to absorb this new volatility a little better. The USD is back on the ropes again with Yen sharply higher
The post Macro Afternoon appeared first on MacroBusiness.
Opposition Leader Peter Dutton has called out Donald Trump for making inflammatory and misleading statements about Ukraine and its president, Volodymyr Zelensky, in a striking contrast to senior Albanese government ministers’ reluctance to directly criticise the US president.
Gareth Aird and Stephen Wu, economists at CBA, published a report (presented below) explaining how the Reserve Bank of Australia’s (RBA) February Statement of Monetary Policy (SoMP) lowered the neutral estimate of Australia’s cash rate to around 2.9%, down from its previous estimate of 3.5%. This lowering of the neutral cash rate increases the likelihood
The board of Creative Australia, formerly the Australia Council, has betrayed its mission by enabling censorship and gross political interference in the arts, and its members must resign or be sacked.