In this MacroBusiness podcast, Gunnamatta, banking insider Deep T, and Leith van Onselen unpack the latest productivity summit, Australia’s broken economic model, Australia’s energy policy failures, and other issues. Highlights: 0:00 Introduction 1:26 Why Australia’s productivity stinks 10:27 The economic Ponzi scheme 21:29 The economy is designed to fail 26:13 Australia should be the richest nation
The last three and more years have seen the bloodiest war on European soil for the better part of 80 years.
With it has come rhetoric of disturbing belligerence and a military spending spree that has engulfed the whole of Europe.
I am very pleased to be able to speak at today’s May Day and bring the revolutionary greetings of the Socialist Equality Party in Germany.
President Trump said in a statement released by the White House on Thursday that he will make a decision on whether or not to directly enter the Israel-Iran war by launching airstrikes within two weeks.
International Reading: The RAND Corporation estimates that rich parasites have stolen $79 Trillion from workers and the public since 1975 – Rand Trump Attacks ‘American Disgrace’ Jerome Powell: ‘One of the Dumbest, and Most Destructive, People in Government’ – Mediate Social Security is on track to deplete its trust funds by 2034, one year sooner
The US would be making a serious mistake by attacking Iran, Kremlin spokesman Dmitry Peskov has told RT. Direct involvement in the conflict between the Islamic Republic and Israel would only worsen the situation in the region, he warned.
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 …..and furthermore….. East listening
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Cotality’s latest dwelling value results for New Zealand revealed that home values fell by 1.6% in the year to May to be 16.3% lower than their peak. As illustrated in the following chart from Cotality, home values have fallen heavily across all major markets. Separate data from the Real Estate Institute of New Zealand (REINZ),
Let’s do some more worrying, shall we. The Australian. The waning possibility of Anthony Albanese landing a face-to-face meeting with Donald Trump in coming weeks has sparked alarm from the Coalition and defence experts, who have raised concern about the two leaders not meeting before Washington’s controversial AUKUS review concludes and instead leaving the outcome
The Association of Superannuation Funds of Australia’s (ASFA) latest modelling suggests that a couple who own their home now requires annual income of $73,875 to live comfortably in retirement. The figure for a single person who owns their home is $52,383. The analysis also shows that the cost of a comfortable retirement increased by 1.6% in