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MacroBusiness Saturday, October 11, 2025 - 17:03 Source

The news of the week that Deloitte had somehow managed to get AI to invent references in a report, for which they harvested 400 thousand dollars, should be a warning for all of us. What it means—Field Exercise So, for this weekend, the Macrobusiness cognoscenti has a field exercise that everyone is to complete. For

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Your Democracy Saturday, October 11, 2025 - 13:57 Source

A new trailer has landed for “Australia: A History”, the upcoming three-part documentary series fronted by former Prime Minister Tony Abbott, set to air on Sky News Australia next week. The series promises to chart the nation’s journey from its ancient Indigenous beginnings to its status as a modern democracy—through the eyes of one of its most divisive former leaders.

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THE BLOT REPORT Saturday, October 11, 2025 - 11:58 Source

In March 2018, David Roberts wrote a piece in Vox bemoaning the state of the op-ed page of the New York Times; the main thrust being that these pages do not have enough diversity of opinion, but particularly, he stated that while it carries some conservatives, these authors do not reflect the madness of US conservative politics; they are “alienated from the animating force of US conservatism, which is Trumpism”1. One of the paragraphs that struck a chord with me was the following: 

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MacroBusiness Saturday, October 11, 2025 - 09:29 Source

Well, that escalated quickly. DXY fell. But AUD crashed. Gold held, oil was murdered. AI metals were deleted. The big bear is back. EM ouch. Led by junk is bearish. Despite a weak DXY , the full bond curve was bid. This will be critical as tariffs return. The stock bubble just burst. It’s not

The post Australian dollar crashes with global stocks appeared first on MacroBusiness.

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Your Democracy Saturday, October 11, 2025 - 08:57 Source

Democrats have said they will not agree to end the US government shutdown unless Republicans meet their demands, with one senior aide telling CNN it would take an airline catastrophe for the party to back down.

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Your Democracy Saturday, October 11, 2025 - 06:55 Source

 

Western surveillance and censorship is eroding digital freedom and is turning the internet into a “tool of control,”Telegram founder Pavel Durov has warned.

The Russian-born billionaire has long portrayed Telegram as an outpost for free speech and privacy, contrasting it with what he describes as authoritarian censorship efforts by Western governments.

 

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Your Democracy Saturday, October 11, 2025 - 06:22 Source

France's political crisis shows no sign of abating. The resignation of Sebastien Lecornu as prime ministerthis week, after just 27 days in office, means the country is set to have an eighth prime minister in the space of five years.

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MacroBusiness Saturday, October 11, 2025 - 00:05 Source

International Reading: ‘We are on the precipice of an incredibly contracting workforce,’ says jobs expert – CNBC White House announces radical new plan to allocate tariff revenue without Congress – MSNBC Bank of England Warns of Impending AI Disaster – Futurism Soybean farmer says $10B bailout is a ‘band-aid on an open wound’ – Yahoo

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MacroBusiness Friday, October 10, 2025 - 17:33 Source

    AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225     Vids                 .…..they should be banned from government contracts for a year…..  

The post Macro Afternoon: 10 October 2025 appeared first on MacroBusiness.

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Cheeseburger Gothic Friday, October 10, 2025 - 16:35 Source

Man, what a week! Monday was a public holiday. Tuesday, I caught up with old mates. On Thursday, I had to take the car to the shop again and get myself into the city for a skin check. (One minor BCC to come in December.)

Long story short, not a lot was written this week. But I did go back and do proper edits on some earlier chapters of 3.3, which will save me some time in about a month or so. In fact, it convinced me I should block out a couple of hours a week to edit as I go rather than letting it build into a 20-hour job after I finish the first draft.

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MacroBusiness Friday, October 10, 2025 - 14:00 Source

Recall that Australian Prime Minister Anthony Albanese delivered a speech late last month to the UK Labour Party conference, whereby he vowed to “defend democracy itself” alongside “my mate”, British Prime Minister Sir Keir Starmer. Albanese said he shared a “determination” with the UK leader and an “absolute resolve to stand together and defend democracy

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