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Cheeseburger Gothic Thursday, February 22, 2024 - 06:37 Source

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Your Democracy Thursday, February 22, 2024 - 05:00 Source

Boris Johnson wanted $1 million for interview – Tucker CarlsonThe former Fox host accused Britain’s ex-prime minister of attempting a “shakedown”

 

American journalist Tucker Carlson has said former UK Prime Minister Boris Johnson would only agree to an interview if he received a $1 million fee. He made the claim following his high-profile interview with Russian President Vladimir Putin.

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Your Democracy Thursday, February 22, 2024 - 04:17 Source

Monkey with a grenade: Why nukes in EU hands would be a nightmareScared of being abandoned by the US under Trump, European officials are floating the idea of the bloc’s own nuclear force

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Renew Economy Thursday, February 22, 2024 - 01:10 Source
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MacroBusiness Thursday, February 22, 2024 - 00:05 Source

The Super Members Council of Australia has released research showing that debt in retirement is increasing. According to the research, more than 40% of workers retire with mortgage debt, up from 16% 20 years ago. Moreover, 40% of singles and 33% of couples will use their whole nest egg to pay off their debts. AMP

The post Housing crisis threatens to blow apart retirement system appeared first on MacroBusiness.

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Renew Economy Wednesday, February 21, 2024 - 21:38 Source
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Your Democracy Wednesday, February 21, 2024 - 18:58 Source

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MacroBusiness Wednesday, February 21, 2024 - 17:00 Source

While there are still a range of court cases outstanding, Trump is leading most polls for the next president. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist, David Llewellyn-Smith, look at the legal issues and the potential outcomes, the likelihood of a Trump re-election and what

The post MB Fund Podcast Preview: What Will Trump 2.0 Mean For Investors? appeared first on MacroBusiness.

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MacroBusiness Wednesday, February 21, 2024 - 17:00 Source

While there are still a range of court cases outstanding, Trump is leading most polls for the next president. Join us in this week’s podcast as Nucleus Wealth’s Chief Investment Officer, Damien Klassen and Chief Strategist, David Llewellyn-Smith, look at the legal issues and the potential outcomes, the likelihood of a Trump re-election and what

The post MB Fund Podcast Preview: What Will Trump 2.0 Mean For Investors? appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, February 21, 2024 - 16:52 Source

Gaza. Palestinians. Israel. Genocide. Taylor Swift? This odd cobbling of words is the extent celebrities make a mockery of serious conversation, even in such middle-brow outlets as Australia’s Radio National. Admittedly, it was breakfast, and the presenter a seasoned impressionist of journalism, but surely listeners did not have to know that Swift’s private jet had…

The post Swiftie Nonsense Down Under appeared first on The AIM Network.

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The Australian Independent Media Network Wednesday, February 21, 2024 - 16:35 Source

New research by the e61 Institute presents five facts on the use of non-competes and other post-employment restraints in Australia based on new ABS survey data. New research by the e61 Institute presents five facts on the use of non-competes and other post-employment restraints in Australia. These facts highlight the economic relevance of restraint clauses,…

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MacroBusiness Wednesday, February 21, 2024 - 16:30 Source

Asian share markets are in diverging in sentiment with Chinese stocks soaring higher while Japanese and local stocks follow the poor lead from Wall Street tonight with mild losses. The USD is failing its fightback against most of the major currency pairs, while the Australian dollar is pushing higher above the 65 cent level to

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Wednesday, February 21, 2024 - 15:24 Source
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Renew Economy Wednesday, February 21, 2024 - 15:08 Source
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MacroBusiness Wednesday, February 21, 2024 - 13:30 Source

Private colleges in Australia are reportedly blocking applications from students in India, Pakistan, Nigeria and other countries as part of an “unprecedented reaction” to the government’s visa crackdowns. I discussed this and other issues in an interview conducted with Sky News’ Danica De Giorgio, which was aired on Tuesday night. Below are the highlights of

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MacroBusiness Wednesday, February 21, 2024 - 13:00 Source

The RBA minutes yesterday were another crack smoking laigh out loud affair. There was some acknowledgement of recent economic weakness: Members observed that inflation in Australia had moderated, with both headline and underlying inflation lower in the December quarter 2023 than had been expected three months prior. Core goods price inflation had declined faster than

The post RBA smokes same old labour market crack appeared first on MacroBusiness.

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Renew Economy Wednesday, February 21, 2024 - 12:56 Source
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MacroBusiness Wednesday, February 21, 2024 - 12:30 Source

The Australian Bureau of Statistics (ABS) released the wage price index for the December quarter, with nominal wages rising by 0.9% over the quarter (in line with economists’ expectations) to be 4.2% higher year-on-year: Annual nominal real wage growth is now running at its highest level since March 2009. The ABS noted that wage growth

The post Aussie real wages begin slow climb back appeared first on MacroBusiness.

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Cheeseburger Gothic Wednesday, February 21, 2024 - 12:29 Source

I saw a Bluesky post flash by yesterday. John Scalzi writing briefing about not writing, no matter how briefly, about a topic that was causing him anxiety.

Apparently, he actually started a blog post about it over at Whatever, and got a couple of pars in before The Fear took hold, and he deleted it.

He very wisely didn’t say what it was about. I can think of a couple of topics, but only a couple, that might scare him off because they’d scare me off, too. Although that assumes we’re scared by the same things.

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MacroBusiness Wednesday, February 21, 2024 - 12:00 Source

The latest Australian national accounts from the Australian Bureau of Statistics (ABS) showed that real household disposable income per capita collapsed by around 6% in the year to September 2023 to be tracking at around 2012 levels: The AFR’s Michael Read has compared Australia’s fall in real household disposable income against other nations in the

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MacroBusiness Wednesday, February 21, 2024 - 11:30 Source

On Thursday, I was interviewed by David Flint on ADH TV where I picked apart the latest report from the NSW Productivity Commission blaming a ‘lack of supply’ for Sydney’s housing crisis: Below are key highlights from the interview, along with key charts. Edited Transcript: The NSW Productivity Commission released a report where they lamented

The post Australia’s housing crisis needs honest solutions appeared first on MacroBusiness.

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Renew Economy Wednesday, February 21, 2024 - 11:29 Source
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Renew Economy Wednesday, February 21, 2024 - 11:09 Source
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MacroBusiness Wednesday, February 21, 2024 - 11:00 Source

The Market Ear sees breaking supports. NASDAQ breaking NASDAQ is now “well” below the steep trend line, trading 180 points below the 21 day moving. Note the 50 day comes in at 17185. This is the first bigger support. Refinitiv NASDAQ fear NASDAQ volatility, VXN, is trading at the highest levels since early November. Fear

The post Stocks shudder appeared first on MacroBusiness.

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xkcd.com Wednesday, February 21, 2024 - 11:00 Source

When Pope Gregory XIII briefly shortened the light-year in 1582, it led to navigational chaos and the loss of several Papal starships.

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MacroBusiness Wednesday, February 21, 2024 - 10:30 Source

Former Prime Minister John Howard played a ‘bait-and-switch’ on the Australian people, scapegoating and slamming the door shut on the comparatively small number of refugees arriving by boat while throwing open the door to economic migrants arriving by air. The end consequence was a large increase in Australia’s net migration intake, which skyrocketed beginning in

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Renew Economy Wednesday, February 21, 2024 - 10:25 Source
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MacroBusiness Wednesday, February 21, 2024 - 10:00 Source

The latest RBA Statement of Monetary Policy (SoMP) warned that Australia’s record immigration-fueled population growth is driving rental inflation higher. The RBA also projected that the situation would continue as demand via population growth outruns new housing supply. “The rental market remains tight and the ongoing weakness in dwelling investment suggests this is unlikely to

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MacroBusiness Wednesday, February 21, 2024 - 09:30 Source

It is amazing how a big lie can keep on keeping on in the face of the obvious truth: Household real incomes are not expected to recover to their pre-pandemic levels until 2027, with new data showing Australia’s prolonged decline in living standards extended into the second half of last year. …“In Australia these days,

The post She was right but nodody must know appeared first on MacroBusiness.

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The Australian Independent Media Network Wednesday, February 21, 2024 - 09:17 Source

Gloria Sty, bud Iyam riting this coz I wanna mayk sum poynts bowt reeding and fonnix… You probably read that first sentence more slowly than usual and some of you will have just ignored it, but your probably able to read it, if you read it allowed. Of course, you probably read that second sentence…

The post Ok, So This Is A Boring Post… Or Should I Say A Boring Read? appeared first on The AIM Network.

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