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.
The Church of England has appointed its first female Archbishop of Canterbury, ending 1,400 years of male leadership. Former top British nurse, Sarah Mullally, was installed as the confession’s highest-ranking clergy by a church synod on Friday.
Last week was an unmitigated disaster for Australian housing affordability. On Tuesday, the Australian Bureau of Statistics (ABS) released data on dwelling approvals, which showed that the number of homes approved for construction is falling badly behind the government’s target to build 1.2 million homes over five years, which requires 240,000 homes to be built
Rupert Murdoch built more than a media empire. He built a cathedral of grievance where facts die on the altar and paranoia pays the rent. [...]
By Trent Saunders, economist at CBA The RBA left the cash rate on hold at 3.60%, as expected, but the accompanying statement carried a more hawkish tone. We crystallised some of the upside risk to inflation in our forecasts this week, upgrading our estimate for trimmed-mean inflation in Q3 from 0.7% to 0.8%/qtr. This uplift
The post The economic week ahead appeared first on MacroBusiness.
As a private citizen, I have long sought to understand how finance has imposed its influence on the States themselves. I discovered, by consulting the most eminent economists, that the answer, far from being complicated, is quite simple, as described by Michael Hudson, an American economist, considered by his peers to be one of the greatest in the world....
Monetary power and public debt
Given his behaviour, it could very well be that the president of the United States is going nuts.
Civilisation is under attack from Australian doctors, warns pro-Israel psychiatrist Doron Samuell. Royal Children’s Hospital agrees. Wendy Bacon and Stephanie Tran investigate.
Before and during the First World War, members of the German armed forces had sworn an oath of allegiance to the Kaiser. This changed after Germany’s defeat, and the establishment of a democratic Weimar Republic. Not only did the political leaders of the new Weimar Republic seek to democratise the military by changing its social makeup but also by changing the oath of allegiance. The new oath required soldiers to swear loyalty to the Constitution and its institutions, rather than to any individual.
The Trump Plan is designed to reframe the issues in favour of Israel. Palestinians have been betrayed again.
The indicted war criminal Netanyahu has got what he wants. The felon, Trump, so eager for a Nobel Peace Prize, has obliged him. Tony Blair’s involvement suggests satire rather than diplomacy.
Russian president Vladimir Putin used his address at the Valdai forum on Thursday to issue a challenge: Western liberal societies are crumbling, convulsing in moral chaos, and Russia is emerging as a sanctuary of tradition. He warned of “gender terrorism” driving Europeans toward Russia, and spotlighted the televised killing of conservative American voice Charlie Kirk as evidence of the West’s internal collapse.
If you want bona fide proof that the Australian Treasury has become a propaganda arm of the federal government, look no further than its modelling of the impact of Labor’s 5% deposit scheme for first home buyers. Under Labor’s First Home Guarantee scheme, which came into effect on Wednesday, almost all first home buyers can
The post Australian house prices are rigged to blow appeared first on MacroBusiness.
International Reading: Trump Cuts Funding to 16 Blue States That Didn’t Vote for Him – New Republic Israel is paying influencers $7,000 per post – Responsible State Craft US home sales falling through as buyers get ‘cold feet’ – News Week The US economy lost 32,000 private-sector jobs in September – CNN Student-Loan Debt Is
The post Weekend reading and MB media appearances appeared first on MacroBusiness.