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Fire haze at Gerringong, Lloyd Rees, 1980, Art Gallery of NSW
Macro, Markets & Investing
- It’s more than a decade since the financial crisis. Where’s the recovery? – Guardian
- White House expecting agreement with China ‘within next week or so’ – Guardian
- The Decade of Debt: big deals, bigger risk – Reuters
- What’s wrong with Economics? – Pearls and Irritations…it is a belief system has ceased to reflect any known data…
- Commodities clinch best year since 2016 as trade worries ebb – Ninefax
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Asia & China
- China’s Damaging Policy Disruptions – Project-Syndicate
- Say Goodbye to Banking as We Know It – Bloomberg
- China economy wobbles in last month of the decade, amid US trade war truce – SCMP
- African swine fever: China’s chicken farmers feeling the pinch as pork crisis takes toll on poultry industry – SCMP…and Australian chicken farmers are licking their lips…
- Chinese banker who embezzled US$108 million handed suspended death sentence – SCMP…an innovative new approach to banking malfeasance we may learn from…
- Vietnam to Punish Firms for Trade Fraud in China-Product Probe – Caixin
- China’s new economy loses its sparkle, as hi-tech and modern industries fail to deliver on promise – SCMP
- China’s greatest risk is not opening up the market to foreigners, government researcher says – CNBC
- China-Japan-South Korea summit: Business alone won’t heal deep wounds – CNBC
Americas & US
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- How Big Companies Won New Tax Breaks From the Trump Administration – NY Times
- Trump administration tariffs hurt U.S. manufacturing, Fed finds – CBS
- Democratic contender Biden says he would consider a Republican running mate – Reuters…is he a reform minded man, or a what we have is as good as it gets kind of man?…
- The average family can’t afford to buy a home in 71% of the country – CBS
- The Ultra-Wealthy Who Argue That They Should Be Paying Higher Taxes – New Yorker
- New industry develops around sucking carbon dioxide out of atmosphere – Vancouver Sun
- How the Great Recession helped shape politics in the 2010s – Toronto Star
Europe
- Gazprom, Ukraine Finalize Deal to Ship Russian Gas to Europe – Bloomberg
- Putin’s Hypersonic Nuclear Missile Stirs Fears of Arms Race – Bloomberg
- Bank of England chief Mark Carney issues climate change warning – BBC
- Boris Johnson to raise minimum wages by four times inflation – Guardian
- Europe’s nuclear power debate heats up as climate emergency grows closer – – BNE Intellinews, Aris
- Putin’s economic breakthrough that never was – BNE Intellinews, Halligan
- Why political and economic crisis could move from the UK to Germany in 2020 – CNBC
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Terra Specufestorus
- Are you one of the ‘everyday Australians’ politicians refer to? – ABC…Median income under 50k…
- Are real estate agents underquoting, or beating expectations in a rising property market? – ABC…real estate agents should be called speculative capital agents…
- Financial planners’ moment of truth arrives with new regulator FASEA – ABC
- Secrets and Lies: how franking credits stole the tax bonanza – Michael West
- The New Year’s resolution Labor has to make – Ninefax…no mention of immigration, capital-labour, free trade, or debt…
- There is no reason to believe that Scott Morrison is becoming a serious Prime Minister – Pearls and Irritations, Mungo MacCallum
- Policy Advice: The Thodey Review of the APS and the Government’s Response – Pearls and Irritations, Michael Keating…the APS needs major reform and needs to get away from the ‘cult of personality’ of its executive levels….
- ‘Not a lot of logic’: NSW minister slams federal aged-care move – Ninefax…and just how much policy represents logic these days?…
- More than 2 million dropped their health insurance in the past five years, poll suggests – Ninefax
- Rampant growth in Sydney, Melbourne runs out of steam – AFR
- Morrison suddenly risks frittering away his ‘miracle’ election win – Ninefax…is he barbecuing it?…
…and furthermore…
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- The biggest business con of 2019: fleecing workers while bosses get rich – Guardian, Reich
- How financial markets turned upside down in 2019 – Guardian
- The battery decade: How energy storage could revolutionize industries in the next 10 years – CNBC
- After another bloody year in the US, don’t hold your breath for substantial gun control – ABC
- Interest rate cuts to rock-bottom levels see retirees confront ‘severe financial pressure’ – ABC
- Ford says reservations full for high-end version of electric Mustang Mach-E – Reuters
- The decade that saw volatility trading come of age – Reuters
- Does Inattention Explain Today’s Low Inflation? – Project-Syndicate
- How Inequality Undermines Economic Performance – Project-Syndicate
- Getting Past Reagan – Project-Syndicate
S&P500 Bull Markets
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Post election Australian RE
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SmoCo on the day he carried a lump of coal into the House of Representatives
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