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Your Democracy
Monday, September 1, 2025 - 07:46
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An investigation by CNN into Israel’s strike on the Nasser Hospital this week – an attack that killed more than 20 people, including emergency workers and five journalists – is a case study in how even well-intentioned journalism, ostensibly examining Israeli crimes, ends up concealing more than it reveals. |
John Quiggin
Monday, September 1, 2025 - 07:36
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Looking at the facts, there’s no reasonable conclusion except that US democracy is done for. But rather than face facts, I’m turning to fiction. So, here’s a story about the collapse of Trumpism, crony capitalism and the AI/crypto bubble. Fiction is a relatively unfamilar mode of writing for me, so critique (on style and structure rather than plausibility) is most welcome. The crash of 2026 |
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MacroBusiness
Monday, September 1, 2025 - 06:31
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Yet another major bank is on board. Credit Agricole. After years of resistance, the RBA has lowered its productivity growth assumption. This has not led to higher inflation forecasts or the risk of tighter monetary policy. The RBA is assuming lower productivity growth will not only weaken supply but also demand via lower income growth. The post Everybody wants Australian dollars appeared first on MacroBusiness. |
Your Democracy
Monday, September 1, 2025 - 05:55
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European Commission President Ursula von der Leyen has escalated her anti-Russia rhetoric, calling President Vladimir Putin a “predator”and reciting NATO’s talking point about a looming Russian threat to justify the EU’s push for accelerated militarization. |
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John Quiggin
Monday, September 1, 2025 - 05:48
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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. |
MacroBusiness
Monday, September 1, 2025 - 00:05
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According to Cotality (formerly CoreLogic), Australian rental affordability was at a record low at the end of 2024, with the median household required to spend 33% of their income to rent the median home. Cotality’s latest Quarterly Rental Review, released in July, showed that rents nationally have surged by 43% over the past five years: The post Australia’s rental market “extremely tight” appeared first on MacroBusiness. |
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MacroBusiness
Sunday, August 31, 2025 - 14:44
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By Lucinda Jerogin, Associate Economist at CBA Australian headline inflation surprised to the upside, sharply rising by 2.8%/yr in July. However, electricity and travel prices contributed to the majority of the forecast miss and will likely unwind in coming months. The Minutes of the August Monetary Policy Board meeting highlighted a shift in focus for The post The economic week ahead appeared first on MacroBusiness. |
Your Democracy
Sunday, August 31, 2025 - 14:19
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Donald Trump demonstrates deep understanding of George Soros' nefarious role in supporting “engineered chaos,” both inside the US and abroad, retired Colonel Hatem Saber, an Egyptian expert in international counterterrorism and information warfare, tells Sputnik. "Democrats use Soros and his organizations as tools for regime change," Saber says. Saber highlighted the evolution of Soros’ role by decades: |
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Renew Economy
Sunday, August 31, 2025 - 13:59
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Renew Economy
Sunday, August 31, 2025 - 13:53
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Renew Economy
Sunday, August 31, 2025 - 13:49
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THE BLOT REPORT
Sunday, August 31, 2025 - 11:44
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I wrote a piece about the religious bastardry afoot in the US about 18 months ago which argued the Christian nationalism was a misnomer, and that christofascism was a much more accurate term1. Looking into the history of democracy superficially made me wonder why most democratic nations became democratic when the church was politically much more powerful and had a great deal of influence over the lives of most of the populace, while now many of the churches in the US are antidemocratic in that they have been cheerleaders for Trump, who is rapidly dismantling US democracy. What has changed? |
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MacroBusiness
Sunday, August 31, 2025 - 10:04
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Australia’s auction market has gathered strength over recent months. Last week’s national final auction clearance rate of 70.0% was the strongest result since the week ending 11th February 2024 (70.3%). This weekend’s preliminary auction clearance results showed further strength, with Cotality reporting a national preliminary clearance rate of 76.3%, a full percentage point higher than |
Sunshine state enjoys highest ever rooftop solar output – and record levels of renewable curtailment |
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Your Democracy
Sunday, August 31, 2025 - 09:10
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Speech: “Friends, AMERICANS, EUROPEANS, PLAY THE PIANO WITH YOUR DICK” BY WILLIAM URBANOSKI (from URSULA MACRONUS, spoken by THE GHOST OF ZELENSKIKI*…)
Friends, AMERICANS, EUROPEANS, PLAY THE PIANO WITH YOUR DICK; I CAME to bury PUTIN, not to praise ME. The evil that WE do lives after WE DIE; OUR BONES ARE interred with OUR BAD INTENT; So let it be with PUTIN. The noble TRUMPUS |
Your Democracy
Saturday, August 30, 2025 - 16:00
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US Vice President J.D. Vance has accused Politico of running a “foreign influence operation” against special envoy Steve Witkoff, blasting the outlet’s reporting as “journalistic malpractice” for relying on anonymous officials while excluding on-the-record statements from senior figures who defended him. |
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Your Democracy
Saturday, August 30, 2025 - 14:58
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On July 30, 2025, the United States announced 25 percent tariffs on Indian goods [SINCE THEN TRUMP HAS INCREASE THIS TO 50%]. While diplomatic tensions simmered on the trade front, a cosmic calm prevailed at the Sriharikota launch range. Officials from NASA and ISRO were preparing to launch an engineering marvel into space—the NASA-ISRO Synthetic Aperture Radar (NISAR), marking a significant milestone in the India-U.S. bilateral partnership.
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MacroBusiness
Saturday, August 30, 2025 - 11:54
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Virtually every opinion poll held over the past decade shows that Australians do not support high immigration nor the rapid growth in population, which is straining our major cities. In the 60 years following World War II, Australia’s net overseas migration (NOM) averaged 90,000 per annum. In only two years over that 60-year period, NOM The post Why the March for Australia will backfire appeared first on MacroBusiness. |
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Your Democracy
Saturday, August 30, 2025 - 11:42
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Slovak Prime Minister Robert Fico announced his upcoming visit to China for the Victory Day Parade during a powerful speech in Bratislava commemorating the Slovak National Uprising. Fico condemned what he called a resurgence of fascism and nazism in Europe, warned against escalating East-West tensions, and defended the Soviet Union’s role in Slovakia’s WWII liberation. He stressed the importance of remembering historical truth, stating: |
Your Democracy
Saturday, August 30, 2025 - 10:01
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During her visit to Denmark, Kallas was asked directly by a journalist whether the EU would provide security guarantees in the event of an American attack on Greenland. She responded that the EU “respects the decisions of Greenland, whatever they may be,” and supports Denmark as a member state of the Union. Kallas emphasized that the EU would show solidarity with Denmark “as a worthy member state,” but avoided addressing the military dimension of the question. |
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Your Democracy
Saturday, August 30, 2025 - 09:16
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The International Court of Justice handed down a significant climate action advisory opinion at the behest of the UN last month. Rex Patrick looks at Australia’s response. So far, Australia’s approach to the ICJ’s climate advisory has been to try having its carbon cake and eating it too. |
Your Democracy
Saturday, August 30, 2025 - 07:58
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For 80 years the world has sympathised with and supported Israel through the prism of the indescribably brutal Holocaust.
Never again – so the world pledged
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Your Democracy
Saturday, August 30, 2025 - 07:29
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Defence Minister Richard Marles said in June that if war broke out between the US and China, Australia would inevitably be involved.
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Your Democracy
Saturday, August 30, 2025 - 06:55
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Alastair Crooke’s remarkable analysis of Trump in the context of myth as geopolitics has left us with much to ponder. There’s no escape from Trump’s “extraordinary ability to dominate the discourse”, globally, as well as his capacity for “bending people to his will” – and thus wreak havoc on the geopolitical chessboard.
Mythic Trump: the incendiary Narcissus |
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MacroBusiness
Saturday, August 30, 2025 - 00:10
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The latest rate cut from the Reserve Bank of Australia (RBA) has stimulated the housing market, with Cotality reporting the strongest national final auction clearance rate since February 2024. Across the combined capital cities, 70.0% of homes taken to auction sold. This was the highest clearance rate since the week ending 11th February 2024 (70.3%). The post Australian house prices gather momentum appeared first on MacroBusiness. |
MacroBusiness
Saturday, August 30, 2025 - 00:05
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International Reading: Billionaires pay a lower tax rate than the rest of America’s taxpayers, new study finds – CBS News Trump Seems Pretty Socialist These Days – Bloomberg Trump’s Appointees Could Rule the Fed for Decades – NY Times It turns out Gen Z is not ‘thriving’ the way they thought they would be: ‘American The post Weekend reading and MB media releases appeared first on MacroBusiness. |
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MacroBusiness
Friday, August 29, 2025 - 16:00
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Asian share markets are finishing the trading week in a mixed mood with US and European stock futures not moving much as they anticipate a long weekend for the former and the end of week/month double witching session. The USD is steady against most of the majors but losing ground against the commodity currencies with The post Macro Afternoon appeared first on MacroBusiness. |
Renew Economy
Friday, August 29, 2025 - 13:32
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Your Democracy
Friday, August 29, 2025 - 13:30
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It's the most expensive single defense project in Europe, with a projected cost of at least €100 billion ($116.6 billion). From 2040, the Future Combat Air System (FCAS) aims to combine a new European fighter jet with fleets of drones controlled via a European defense cloud. |
MacroBusiness
Friday, August 29, 2025 - 13:30
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The latest official labour force survey showed that New Zealand’s unemployment rate lifted to 5.2% in Q2 2025, the highest rate since Q4 2016. New Zealand’s underutilisation rate, which combines unemployment and underemployment, also surged, indicating a significant surplus capacity in the labour market. On Thursday, Statistics New Zealand released its filled jobs survey, which The post Young Kiwis flee to Australia appeared first on MacroBusiness. |
