"Come to the edge, he said. They said: We are afraid. Come to the edge, he said. They came. He pushed them and they flew."
Guillaume Apollinaire
WE ARE PREPARED TO BELIEVE ANYTHING. WE ARE MOSTLY CONDITIONED TO BELIEVE ANYTHING.
SHOULD WE ASK QUESTIONS ABOUT THE HUMAN CONDITION, WE ALWAYS END UP IN THE IMPASSE OF THE CREATION OF THE UNIVERSE.
WE INVENT GOD. SOLVED.
The rotten fish head is back, trying to poison the interest rate pond with politicised garbage. John Kehoe is the stinker today. The decision by the Reserve Bank of Australia board on Tuesday is the most eagerly awaited monetary policy call in many years – both for home borrowers and politicians on the eve of
The post RBA needs to cut, cut, cut appeared first on MacroBusiness.
Last week, Labor Treasurer Jim Dutton announced that Australia’s financial regulators would be required to loosen home lending rules for millions of Australians with student loans. Under the changes, a borrower’s education debt will be removed from mortgage serviceability assessments if the bank believes the borrower will pay it off in the “near term”. Compare
https://www.youtube.com/watch?v=K30vixF8cBw
Scott Ritter: Trump Is PLAYING A Different Game (Interview)
British polling company YouGov published their first MRP report for the 2025 election cycle, becoming the second company to publish an MRP during this election cycle. For this post I wanted to run a comparison of the two most recent MRPs from two different companies. The two polls produced similar top-level figures, both in terms of seats and votes, but at the individual seat level there are some pretty significant differences.
NATO Secretary-General Mark Rutte has urged European members of the bloc to stop complaining about getting sidelined in peace talks and discussions on Ukraine’s future, and to take action instead.
Speaking at the Munich Security Conference (MSC) on Saturday, Rutte emphasized the need for actionable ideas, including on the Russia-Ukraine conflict and the bloc’s effort to ramp up its defense spending.
Musk took to his social media platform, X, on Sunday, reposting a video of synchronized drone swarms in elaborate formations and adding, “Meanwhile, some idiots are still building manned fighter jets like the F-35.”
Financial markets and most economists believe that the Reserve Bank of Australia (RBA) will lower the official cash rate by 0.25% on Tuesday, followed by three additional cuts this year. The latest Westpac monthly consumer confidence survey noted that “consumers have become much more confident about the prospect of interest rate cuts”. As a result, “house
DXY is breaking down as EUR rises on a peace premium. Premature is what FX does best! AUD to the moon! The AUD short has been squeezed a little. Not enough. Auld lead boots helping out. Gold is shellacked. This is a positioning unwind but also a fear of an outbreak of peace. Imagine if
The post Australian dollar cheers European peace appeared first on MacroBusiness.
Employee unions are challenging the Trump administration’s moves to fire vast swaths of the federal workforce, saying they violate regulations for carrying out mass “RIFs” across government.
Silence falls, and the tension in the room is almost palpable as US Vice President JD Vance walks to the podium at the Munich Security Conference. Just 48 hours earlier, the world had felt like a different place.