Blogotariat

Oz Blog News Commentary
Renew Economy Wednesday, May 22, 2024 - 21:30 Source
Read more Views: 40
The Australian Independent Media Network Wednesday, May 22, 2024 - 20:37 Source

By James Moore   Another overwhelmingly White crowd of angry men held a pissy-fest outside the New York courtroom where Donald Trump is being tried for covering up financial crimes to pay off an adult actress. Usually, it’s just the mango man standing in the hallway whining to cameras about injustice and his treatment under the…

The post Tin Pot Dictators and Tin Foil Hats appeared first on The AIM Network.

Read more Views: 40
Your Democracy Wednesday, May 22, 2024 - 20:08 Source

Volodymyr Zelensky's overwhelming election victory in 2019 was based on the hopes for peace of the vast majority of the Ukrainian people. His de facto nonexistent election platform was thereby replaced by his performance as Ukrainian president in a popular television series. But instead of promoting peace, Zelensky submitted to the extreme nationalists in Ukraine.

 

Read more Views: 44
Your Democracy Wednesday, May 22, 2024 - 17:08 Source

In approximately 2 weeks, the European elections will take place. For people and workers, the European Union (EU) is at the heart of a deep crisis and their divorce from it is largely complete. On May 16 in Montauban at a meeting of CGT activists in Tarn et Garonne, Jean-Pierre Page spoke about the European Union, the far right and fascism, the new international balance of power.

 

Read more Views: 54
MacroBusiness Wednesday, May 22, 2024 - 16:30 Source

Market volatility remains somewhat hesitant with the latest UK inflation figures combined with a jump in Japanese yields is seeing some shifting mood around the risk complex, despite record highs on Wall Street. The USD is continuing to firm after weeks of weakness, although the Kiwi did spike after today’s hawkish RBNZ minutes. The Australian

The post Macro Afternoon appeared first on MacroBusiness.

Read more Views: 44
George Monbiot Wednesday, May 22, 2024 - 15:50 Source

There’s a new asset class being traded between corporations. It’s called children in care.

By George Monbiot, published in the Guardian 18 May 2024

Read more Views: 71
Renew Economy Wednesday, May 22, 2024 - 15:19 Source
Read more Views: 58
Renew Economy Wednesday, May 22, 2024 - 14:52 Source
Read more Views: 49
Renew Economy Wednesday, May 22, 2024 - 14:50 Source
Read more Views: 56
MacroBusiness Wednesday, May 22, 2024 - 14:00 Source

Australians have seen one of the most significant hikes in mortgage rates in the world: Australians have also seen the highest increase in debt servicing costs in the world: The reason why should be obvious. Australia has one of the greatest concentrations of variable rate mortgages in the world. Our fixed rate mortgages are also

The post RBA drives 1.6 million Aussies into mortgage stress appeared first on MacroBusiness.

Read more Views: 67
MacroBusiness Wednesday, May 22, 2024 - 13:30 Source

Below is a detailed interview with David Flint at ADH TV where I explain how short-term policy, vested interests, and sugar fixes are killing Australia’s economy and living standards. Edited Extract: The rental crisis in Australia has arisen because the federal government is running an absolutely massive, unprecedented immigration program. That has driven rents through

Read more Views: 49
MacroBusiness Wednesday, May 22, 2024 - 13:00 Source

RBC has been largely right on oil this year. Our View: While geopolitical risk has largely dominated client dialogue through most of the year, we have started to see more focus returning to the fundamental side of the energy conversation. That said, in tandem with rangebound prices, broader sentiment and investor targets have also trended

The post Is oil about to break down? appeared first on MacroBusiness.

Read more Views: 42
MacroBusiness Wednesday, May 22, 2024 - 12:30 Source

The Productivity Commission (PC) has released a snapshot of inequality in Australia. Two charts are especially interesting. The first chart, presented below, shows that Australian wealth is overwhelmingly tied up in residential property, followed by superannuation: As you can see, property (owner-occupier and other) comprises the majority of wealth for middle and higher income Australians,

Read more Views: 52
Renew Economy Wednesday, May 22, 2024 - 12:10 Source
Read more Views: 53
Renew Economy Wednesday, May 22, 2024 - 12:03 Source
Read more Views: 78
Renew Economy Wednesday, May 22, 2024 - 12:01 Source
Read more Views: 39
Your Democracy Wednesday, May 22, 2024 - 12:00 Source

https://www.youtube.com/watch?v=_jY1Ha29phw

Jesse Watters: Another cleanup on 'aisle Biden'

 

‘The Five’ co-hosts discuss how the White House corrected multiple errors President Biden made during a speech to the NAACP Sunday.

 

 

FREE JULIAN ASSANGE NOW....

Read more Views: 37
MacroBusiness Wednesday, May 22, 2024 - 12:00 Source

MB has gone to great lengths highlighting the many contradictions of vocal mass immigration booster, Professor Peter McDonald (for example here and here). To cut a long story short, Peter McDonald co-authored a parliamentary research paper in October 1999, which concluded that it is “demographic nonsense to believe that immigration can help to keep our

Read more Views: 30
The Australian Independent Media Network Wednesday, May 22, 2024 - 11:42 Source

The legal world was abuzz. The diplomatic channels of various countries raged and fizzed. It had been rumoured that Israel’s Prime Minister Benjamin Netanyahu, along with his cabinet colleagues, had been bracing themselves for a stinging intervention from the International Criminal Court, a body they give no credence or respect to.  Then came the words…

The post The Rages of Equivalence: The ICC Prosecutor, Israel and Hamas appeared first on The AIM Network.

Read more Views: 36
MacroBusiness Wednesday, May 22, 2024 - 11:30 Source

It will not go away if you don’t fix the real problem. Behold the work of the East Coast gas cartel as Albo’s feeble $12Gj contract price cap is blown apart: The local price is roughly tracking the Asian price through its summer restock. Another power bill shock is building as gas prices depart Earth:

The post Gas cartel unleashes new power shock appeared first on MacroBusiness.

Read more Views: 33
Renew Economy Wednesday, May 22, 2024 - 11:08 Source
Read more Views: 40
MacroBusiness Wednesday, May 22, 2024 - 11:00 Source

I have warned repeatedly that Australia is not creating enough jobs to keep pace with record net overseas migration (NOM). This record NOM has grown Australia’s labour supply by an unprecedented 2.9% (627,000) in the year to April: Accordingly, Australia need to create nearly 40,000 jobs a month to keep the unemployment rate stable, assuming

The post Australia has too many workers and not enough jobs appeared first on MacroBusiness.

Read more Views: 37
MacroBusiness Wednesday, May 22, 2024 - 10:40 Source

The stimulus defibrillator is charged, and the thumping power into the heart of Chinese property. So far, the response is zero pulse. Stone dead everywhere: A very bad year: Ghost city inventory hilarity: Completions tracking weaker for iron ore: The new stimulus measures are only weeks old, so let’s reserve judgement for now. What we

The post Chinese property zero pulse appeared first on MacroBusiness.

Read more Views: 30
Your Democracy Wednesday, May 22, 2024 - 10:22 Source

Those who curb real trade and expand financial sanctions don’t seem to understand the likeliness of a destructive outcome for all. The West is wrecking the foundations of its prosperity.

Read more Views: 39
MacroBusiness Wednesday, May 22, 2024 - 10:20 Source

A quick heads up for investors: the US and Canada are changing to T+1 next week. Some doomsayers are calling for widespread disruption. It is worth considering whether this is a Y2K event or something more sinister. From Bloomberg: A spike in the number of failed trades, operational glitches and additional costs are among industry fears as the trading process for American securities

The post Financial apocalypse in 3,2,1… appeared first on MacroBusiness.

Read more Views: 30
MacroBusiness Wednesday, May 22, 2024 - 10:00 Source

Recall that the Grattan Institute lobbied hard against domestic gas reservation in 2013 when the gas export terminals were being built in Gladstone. Grattan’s lobbying helped wreck Australian energy policy for decades, costing East Coast Australians billions of dollars in high gas and electricity prices: The Grattan Institute’s energy recommendations obviously aged like milk. Without

Read more Views: 42
xkcd.com Wednesday, May 22, 2024 - 10:00 Source

Karpov's construction of a series of increasingly large rice cookers led to a protracted deadlock, but exponential growth won in the end.

Read more Views: 18
MacroBusiness Wednesday, May 22, 2024 - 09:30 Source

An excellent presentation from Marcus Garvey, Head of Commodities Strategy at Macquarie Group argues on a five year outlook for iron ore: China ex-growth Steel demand flat to falling. India provides some help. Iron ore supply deluge ahead. Crash into $60s needed for rebalance.

The post Macquarie: Iron ore headed for $60s appeared first on MacroBusiness.

Read more Views: 42
MacroBusiness Wednesday, May 22, 2024 - 09:00 Source

Wall Street put in another record high overnight but not all risk markets are aligned with that particular bullish mood, with European and Asian stocks still in hesitation mode. The lack of economic catalysts and a lot of Fedspeak, mixed in with more Middle East volatility didn’t help either. The USD is coming back a

The post Macro Morning appeared first on MacroBusiness.

Read more Views: 153
Cheeseburger Gothic Wednesday, May 22, 2024 - 08:53 Source

I went about three years without catching a cold thanks to old mate Covid, but the deadly man-flu rhinovirus variant caught up with me this week, deep-sizing all my plans to write heaps of books and max out all of my compound lifts.

Instead, I’m coughing, spluttering, and shivering up a storm. It’s bad enough that I’m thinking about another read-through of The Stand, although in the extremes of man-flu delirium yesterday, I did binge a couple of episodes of the worst TV show I’ve ever seen. I-land on Netflix. It’s so bad, it’s good—great even—and just the ticket for wallowing in your own mucus and misery.

Read more Views: 38

Pages