Official MacroBusiness Glossary

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Boganomics The strange nexus between anti-comptitive corporations and gullible but patriotic battlers.

Bullhawk A half housing bull, half interest rate hawk. Examples include Christopher Joye, Adam Carr and Paul Bloxham

Disleveraging The idea that falling credit growth can be sustained forever without ever tipping into outright debt-deflation.

Futureboom! The concept of an ever expanding future mining boom that gets bigger the worse immediate data becomes.

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Invisopower! The myterious fog that surrounds the details of Australian banks’ offshore borrowing. A cloak deployed by regulators.

Macrobated The fascinating shift from in the MSM towards views expressed first at MacroBusiness.

Politico-housing complex The great public/private partnership of the Australian housing quango that has virtually nothing in common with either capitalism or a “market”.

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