Can governments keep their sovereignty without becoming innovation-stifling totalitarians? And on the other hand, are the tech feudalists willing to provide innovative digital infrastructure without eating into state sovereignty and freedoms?
Non-State Actors, Techno-feudalism, and Governments’ Dependency Syndrome
BY Tamer Mansour
AUD/USD EUR/USD USD/JPY GBP/USD Gold WTI Brent Australia 200 US S&P 500 UK 100 Japan 225
The post Macro Afternoon: 30 September 2025 appeared first on MacroBusiness.
You will have to walk down the hill in the hot sun and pay a strange man four and a half thousand dollars.
It sucks.
As expected, the Reserve Bank of Australia (RBA) has chosen to hold the official cash rate at 3.60%, in what was a unanimous decision. In arriving at its decision, the statement noted that “the decline in underlying inflation has slowed”, with “recent data, while partial and volatile, suggest[ing] that inflation in the September quarter may
On Monday, Stats NZ released data on filled jobs for August, which recorded a 0.2% monthly rise, in line with expectations. However, as shown below by Justin Fabo from Antipodean Macro, the August data incorporated chunky historical revisions, which suggest a weaker labour market starting point. The earlier reported 0.2% increase in July was revised
When then Treasurer Scott Morrison came to the Prime Ministership in 2018, he did so as something of a compromise candidate. In the first leadership spill held on August 21, then-Prime Minister Malcolm Turnbull defeated challenger Peter Dutton 48 votes to 35. This led to the now-infamous jab at Dutton that he was unable to
The post Hastie’s path to power appeared first on MacroBusiness.
The explosion of artificial intelligence has triggered one of the largest capital expenditure booms in history. Trillions of dollars are being poured into building and upgrading data centres, which now sit at the heart of the global economy. Understanding their underlying economics—cost structures, pressure points, and investment implications—is becoming essential for investors and policymakers alike.
Former Coalition Prime Minister John Howard used a ‘bait-and-switch’ on the Australian public, scapegoating and closing the door on the very few refugees arriving by boat while throwing the door wide open to economic migrants arriving by air. The ultimate result was a significant increase in Australia’s net overseas migration (NOM), which surged from the
Dante Alighieri, in his book Inferno, places those who betray benefactors in the deepest circle of hell. If that is true, the place is likely overpopulated with the managers and executives of nonprofit organizations.