Long-term failed Victorian Treasure Tim “Ponzi” Pallas rolls out an effigy of himself (lest somebody set it on fire) and presses play on a recorded budget message unchanged in years. In his address to the Melbourne Press Club and the Victorian Chamber of Commerce and Industry’s post-budget lunch, the state treasurer continued to emphasise that
On Wednesday, Seek released shocking labour market data showing that the number of job ads plunged 4.7% in April to the lowest level since January 2021. The number of applicants per job ad is also tracking around 70% above normal pre-pandemic levels: The massive rise in the number of applicants per job ad reflects lower
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By Bert Hetebry At a recent philosophy discussion group gathering the departing question from one member was ‘Can you imagine life without Capitalism?’ The question has stayed with me, churned over in my brain time and again. To begin we need to determine what Capitalism really is and how it has come to dominate just…
The post Imagine there is no Capitalism appeared first on The AIM Network.
One Matt Walsh, an idiot right-wing nutjob from the US, posted something on Twitter (or X as it has now been renamed by its idiot owner): “Remember when they spent years telling us to panic over the hole in the ozone layer and then suddenly just stopped talking about it and nobody ever mentioned the ozone layer”.
This was seemingly some attempt to cast doubt on the seriousness of climate change, as if it was just something that scientists would suddenly stop talking about at some time in the future, and that it was not a problem for the planet or the human species.
Risk is taking a pause in Asia with most stock markets giving up their start of week gains due to the uneasy lead from Wall Street overnight and rumblings of more conflict in the Middle East. The USD is firming against most of the majors as interest rate concerns dominate with the Australian dollar sliding
The post Macro Afternoon appeared first on MacroBusiness.
By James Moore “One person can make a difference, and everyone should try.” – John F. Kennedy We were flying due north out of Omaha. The old DC-3 had shuddered with effort on takeoff and rose so slowly we thought the treetops would remain just beneath our wingtips for the entire trip. Level much later…
The post I Knew a Farmer appeared first on The AIM Network.
Ukraine’s authorities approved a new mobilization law in April, with the legislation intended to mobilize hundreds of thousands more troops to fuel NATO’s proxy war against Russia. Along with draconian penalties for draft dodgers, the mobilization drive has been accompanied by some eyebrow-raising measures to ‘incentivize’ would-be recruits.
“Politics,” as the harsh, albeit successful German Chancellor Otto von Bismarck claimed, “is the art of the possible, the attainable – the art of the next best.” To that should be added the stark awareness of being prudent, gingerly wise, appropriately cautious. Mind how you go in avoiding any foolishness on the way. Going after…
The post Israel’s Battle Against Free Speech: The Shuttering of Al Jazeera appeared first on The AIM Network.
Goldman with the note. BOTTOM LINE:The Federal Reserve’s April 2024 Senior Loan Officer OpinionSurvey—conducted for bank lending activity over the first quarter of this year—reported that standards for commercial and industrial (C&I) loans tightened at a similar pace to the prior quarter, while a smaller share of banks reported tightening standards for commercial real estate