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MacroBusiness Monday, September 29, 2025 - 09:00 Source

From the Market Ear: Tiny tech bubble feelings “…vendor financing was a feature of that era and when when the telecom equipment makers (Cisco, Lucent, Nortel, etc.) extended loans, equity investments, or credit guarantees to their customers who then used the cash/credit to buy back the equipment…well suffice it to say, it did not end

The post Tech bubble now, destruction later? appeared first on MacroBusiness.

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Renew Economy Monday, September 29, 2025 - 08:54 Source
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Renew Economy Monday, September 29, 2025 - 08:14 Source
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MacroBusiness Monday, September 29, 2025 - 08:00 Source

Recent figures from the Department of Home Affairs revealed that almost 100,000 asylum seekers had their claims for asylum in Australia rejected, yet they remained in the country. This includes an estimated 50,000 who have completely exhausted their avenues for appeal. This figure has been heavily driven by individuals formerly on student visas applying for

The post Australia is acting like a failed state appeared first on MacroBusiness.

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Renew Economy Monday, September 29, 2025 - 06:00 Source
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Your Democracy Monday, September 29, 2025 - 05:33 Source

The Russian side has refused trilateral meetings with US President Donald Trump and representatives from Ukraine, US Vice President J.D. Vance claimed in an interview with Fox News on Sunday.

Trump has increasingly expressed impatience with the pace of Ukraine peace talks. The Kremlin says Kiev has demonstrated that it is not interested in peace by sticking to megaphone diplomacy and ignoring Russian settlement proposals.

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John Quiggin Monday, September 29, 2025 - 05:18 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

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Your Democracy Monday, September 29, 2025 - 04:44 Source

Bob Brown’s latest book, Defiance, is a salubrious breath of a tall peppermint native forest. It’s not a hard book, but rather only hard to heed for some.

Defiance — we learn — is contagious. In the face of accelerating subsidised consumption of Mother Earth’s biotic and abiotic resources, bold action is the answer.

 

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Your Democracy Monday, September 29, 2025 - 04:00 Source

US President Donald Trump’s newly adopted stance on the Ukraine conflict was shaped by his recent UK visit, The Telegraph has reported, citing unnamed sources. Vladimir Zelensky’s chief of staff Andrey Yermak has told the newspaper that the visit was very important. 

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MacroBusiness Monday, September 29, 2025 - 00:05 Source

“Stubborn empty nesters” refusing to downsize from their family-friendly homes have become Australia’s latest housing scapegoat. In April, the Daily Telegraph’s Taylor Troeth cited research from Australian Seniors showing that two-thirds of empty nesters in NSW “were still living in large family homes with no plans to sell, despite research showing this could free up

The post Beware Australia’s latest housing scapegoat appeared first on MacroBusiness.

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Your Democracy Sunday, September 28, 2025 - 18:59 Source

 

The future of international relations is being defined by these routes [Ports Not Missiles]. As shipyards and energy nodes slip from Anglo-Saxon hands, the balance shifts. Sanctions turn into paper threats, the dollar loses its status as the world’s club, and new routes—from Chabahar to the Arctic—dictate the rules of trade. 

 

From Henderson to Chabahar the Future Flows Through Ports Not Missiles

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Your Democracy Sunday, September 28, 2025 - 13:51 Source

Petro desmontó la narrativa estadounidense de combate al narcotráfico y pidió que se abra un proceso penal contra Donald Trump y los funcionarios que ordenaron atacar lanchas en el Mar Caribe.

 

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John Quiggin Sunday, September 28, 2025 - 11:14 Source

From Pearls and Irritations

The culmination of Donald Trump’s state visit to the UK was a press conference at which both American and British leaders waved pieces of paper, containing an agreement that US firms would invest billions of dollars in Britain.

The symbolism was appropriate, since a central element of the proposed investment bonanza was the construction of large numbers of nuclear reactors, of a kind which can appropriately be described as “paper reactors”.

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MacroBusiness Sunday, September 28, 2025 - 10:27 Source

By Belinda Allen, head of Australian economics at CBA: The August monthly CPI surprised to the upside. There is clear upside risk to Q3 25 CPI and makes a November RBA rate cut not a done deal. The week ahead brings the RBA Monetary Policy Board meeting. We expect the cash rate to remain steady

The post The economic week ahead appeared first on MacroBusiness.

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Your Democracy Sunday, September 28, 2025 - 08:05 Source

 

What would Christopher Hitchens say about Donald Trump’s disastrous performance at the United Nations General Assembly? In this satirical reimagining, Hitchens unleashes a scathing critique of a speech so absurd it left world leaders in stunned silence.

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Your Democracy Sunday, September 28, 2025 - 05:55 Source

 

Russia’s foreign minister gave another bombshell address at the UN on Saturday, followed by a press conference. Here's what he said.

1. Message to NATO: Don't Try US

Debunking NATO and EU leaders’ attempts to fearmonger their publics into believing that Russia has plans to attack, Lavrov emphasized that “any aggression” against Russia would be “decisively rebuffed.”

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Your Democracy Sunday, September 28, 2025 - 05:35 Source

While a treaty prohibits nuclear weapons stationed in Australia, the Government tries to circumvent it. Rex Patrick and Philip Dorling on Labor’s duplicitous nuclear word games.

From 2032, nuclear-armed cruise missiles will be loaded into US Navy Virginia-class subs. The Treaty of Rarotonga prohibits nuclear weapons from being ‘stationed’ at HMAS Stirling, but maybe it’s OK for them to be ‘rotated’ through the base.

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Your Democracy Sunday, September 28, 2025 - 04:44 Source

 

George Galloway was temporarily detained at Gatwick Airport under the Terrorism Act upon his return from Russia on Saturday, according to his Workers Party of Britain.

Officers from the Metropolitan Police’s Counter Terrorism Command stopped the 71-year-old former MP, along with his wife. The police have acknowledged an incident, but have not confirmed that Galloway was the man detained. 

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John Quiggin Saturday, September 27, 2025 - 17:46 Source
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Your Democracy Saturday, September 27, 2025 - 08:45 Source

 

The decision by the United States to introduce 100% tariffs on pharmaceutical products starting October 1 is emerging as one of the most serious challenges for Germany and Europe in recent years. The move is viewed not only as a blow to European manufacturers’ economic interests but also as a threat to the stability of the global healthcare system.

 

BY DMITRY SUDAKOV

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Your Democracy Saturday, September 27, 2025 - 06:30 Source

Ukraine is planning a possible false-flag operation in Romania or Poland that could escalate into a third world war, Russian Foreign Ministry spokeswoman Maria Zakharova has said.

In a Telegram post on Friday, she pointed to reports in Hungarian media alleging that Kiev intends to stage acts of sabotage in neighboring NATO countries and place responsibility on Moscow.

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Your Democracy Saturday, September 27, 2025 - 05:55 Source

Former French President Nicolas Sarkozy was found guilty and sentenced to five years in jail for campaign finance violations, a historic ruling in a case that has long captivated Parisian politics.

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Your Democracy Saturday, September 27, 2025 - 02:05 Source

No Chinese city appears on the annual lists of the most liveable cities in the world. Is this due to ignorance or to a pervasive anti-China bias?

What does one look for in a liveable city? According to three main annual global city surveys, factors include stability, culture and the environment, infrastructure, education standards and healthcare.

 

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Your Democracy Saturday, September 27, 2025 - 01:44 Source

Former UK Prime Minister Tony Blair has proposed to lead a transitional administration in Gaza when Israel’s military campaign in the enclave ends, British media reported on Friday.

Blair is reportedly seeking to chair a body called the Gaza International Transitional Authority (GITA), which would oversee reconstruction and eventually transfer power to the West Bank-based Palestinian Authority (PA).

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MacroBusiness Saturday, September 27, 2025 - 00:10 Source

Australian house prices are already at their highest level in history and are beginning to surge higher. According to Cotality, last week’s combined final auction clearance rate rose to 71.6%, which was the capital cities’ highest result since early June 2023 (73.1%). It was also the third time in five weeks that the final clearance

The post Australian house prices ascend into the bubble realm appeared first on MacroBusiness.

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MacroBusiness Saturday, September 27, 2025 - 00:05 Source

International Reading: Scott Bessent tells NYC to ‘drop dead’ while he arranges a $20b swap line for Argentina’s chainsaw-wielding, dog-cloning president – Fortune Trump Admits Farmers Are Getting Screwed By His Tariffs – Daily Beast The man Trump nominated to undermine Fed independence once wrote a scathing critique of how the Fed wasn’t independent enough

The post Weekend reading and MB media appearances appeared first on MacroBusiness.

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Your Democracy Friday, September 26, 2025 - 17:56 Source

 

The Pentagon issued an urgent, highly unusual directive calling hundreds of generals and admirals (1–4 star officers and their senior enlisted advisers) to assemble in Virginia; many senior officers reportedly don’t know the reason for the meeting.

Commentators describe the order as extraordinary because such large in-person gatherings of top commanders are rare and could signal something significant beyond routine video conferences.

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MacroBusiness Friday, September 26, 2025 - 16:16 Source

‘C’mon Queenslanders, you know it’s what your heart craves…..’     AUD/USD EUR/USD   USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225 Friday evening video selection   Mearsheimer and Hugh White – good discussion   Varoufakis and Technofeudalism   Jack Ma and the global economy The BOM Trump Russia

The post Macro Afternoon: 26 September 2025 appeared first on MacroBusiness.

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Renew Economy Friday, September 26, 2025 - 14:27 Source
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MacroBusiness Friday, September 26, 2025 - 14:00 Source

After years of watching residents flee to the north, we ‘Mexicans’ in Victoria are beginning to see a net flow of Queenslanders down south. Last week’s Q1 2025 population data from the Australian Bureau of Statistics (ABS) revealed that for the first time since the onset of the pandemic, Victoria recorded a net inflow of

The post Queenslanders flee to Mexico in search of affordable housing appeared first on MacroBusiness.

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