Blogotariat

Oz Blog News Commentary

trump's plan needs more work....

November 23, 2025 - 09:36 -- Admin

Ukraine said Saturday that its officials will meet US counterparts in Switzerland to discuss Washington’s proposed peace plan. Kyiv will seek to push back against provisions that mirror some of Moscow’s toughest demands, while European leaders said the US plan "is a basis which will require additional work". 

 

Musk’s last grift

November 22, 2025 - 14:02 -- Admin

The US is one big grift these days: the Trump Administration, traditional and social media, corporations, crypto, financial markets are all selling some kind of spurious promise. It’s hard to pick the most egregious example. But for me, it’s hard to go past Tesla. Having lost its dominant position in the electric car market, the company ought to be on the edge of delisting. Instead, its current market capitalisation is $US1.33 trillion ($A 2 trillion).

RBA shocks consumer

November 22, 2025 - 12:28 -- Admin

So much for the consumer recovery. Last week’s Roy Morgan consumer confidence number lifted slightly, but since the RBA held, it has wiped out over a year of gains. The Westpac alternative consumer sentiment measure mysteriously jumped hugely last month. But get ready for the great retracement as its credit card tracker pulls the handbrake.