The Bubble Will Burst: Incomes Are Down, Debt Is Growing, And We’re Basically In Recession
Australia’s reliance on foreign investment to prop up a dying mining boom is not making…More
Tagged: recession
Swan's Careless Surplus
Remind me why we need a surplus again? There is no compelling economic reason for…More
The Housing Crisis We Don't Have To Have
Last week, as was inevitable, the senate voted down Labor’s Carbon Pollution Reduction Scheme, giving…More
The Cash Splash Worked
Remember Lehman Brothers? It’s hard to believe that the US merchant bank’s spectacular collapse was…More
Rebirth Doesn't Have To Be So Hard
As you walk through the centres of many Australian regional towns you notice a common…More
Good Old-Fashioned Handouts…
The next installment in Australian neo-Keynesianism is in: $42 billion in Commonwealth spending to "kick-start"…More
Can We Call It A Recession Now?
Kevin Rudd returned to full-time Prime Ministerial duties yesterday, although with rather less fanfare than…More
Public Hangings
As the economic downturn quickens, museums and galleries across Australia face a new struggle for…More
Next Stop Recession?
At the beginning of this week I rated the Reserve Bank of Australia, under its…More
The Housing Crisis We Had to Have
"The Housing affordability crisis in the United States is in the process of being fixed."…More