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Global Imbalances Index – note current account deficits of Anglophone world (US, UK, Canada, Australia, NZ) – 3/4 of the world’s current account deficit.
Business Journo in Russia and the Middle East. Anarcho-syndicalist, wine lover, poet, and general all round punter. Currently coming to terms with Australian morning TV and commercial network news.........
Latest posts by Gunnamatta (see all)
- Weekend Links: 17-18 April 2021 - April 17, 2021
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- Macro Afternoon: 15 April, 2021 - April 15, 2021
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First?🤔
Anyway between vaccine or no vaccine (high cholesterol one that causes clots or low cholesterol one that uses mRNA) the real issue for all levels of governments: can we open the borders for immigration and how long we can keep the house prices going up
Four Corners tonight doing the gas-led recovery shenanigans.
They’ve been good lately. Hopefully they don’t hold back.
If they do anything which really gets traction – a la Christian – then another shot into this corpse of a government would be handy.
They would only have to have read through a few quite free articles here at MacroBusiness or over at Michael West to be able to really nail these corrupt imbeciles
a.k.a. ‘The Mozambique Drill’
New Zealand’s new housing policy is really just a new tax package — and it’s a mess … * Norman Gemmell OPINION … New Zealand Herald
https://www.nzherald.co.nz/business/new-zealands-new-housing-policy-is-really-just-a-new-tax-package-and-its-a-mess/Y4B5NLJEDF3KQGYVLRJUQZXAFA/
OPINION:
Economists like to talk about “optimal policy instruments” — essentially, policies that achieve their objectives more effectively or efficiently than the alternatives, and have minimal unintended consequences.
Judged by those criteria, the New Zealand Government’s recently announced package of housing policy instruments is a long way from optimal. You might even call it a shambles. … read more via hyperlink above …
• Norman Gemmell is chair in public finance at Te Herenga Waka — Victoria University of Wellington.
No mention of immigration. Fraud.
https://www.smh.com.au/money/super-and-retirement/asfa-says-most-retirees-exhaust-their-super-savings-20210401-p57fxx.html
https://au.finance.yahoo.com/news/worse-than-ever-culture-at-australias-big-banks-revealed-005150261.html
You never thought of running with Tjenmyt as a name?
I seem unfamiliar with that name
https://www.domain.com.au/news/two-speed-rental-market-tenants-offer-up-to-100-more-a-week-to-secure-properties-as-moratoriums-lift-1043129/
Sweet Baby Jebus!!
“Tax breaks are granted to encourage people to save for their retirement. They are not provided to accumulate retirement savings that can be handed on to the children.”
Never thought I’d see that in print.
That’s like asking the poor Irish to grow something other than the easiest to grow potato out of all the varieties available, footnote ….. its also the most prone to disease.
Yeah but there were more Irish cos they proliferated on spuds. There was a boom before the bust.
And because spuds, they are appeeling.
@TTW maybe to you, I don’t want 5 Eyes in my onion cupboard
Before the famine, the Irish grew lots of different crops but almost all of it was for export to the poms. The only thing the poms did not take was potatoes so that is what the Irish ate. Even during the worst of the famine non-potato based crops were being harvested and sent to England. During a previous potato crop failure the poms did divert other crops to the local market but not this time. And that is why so many Irish are still bitter (Churchill did a similar thing to the Indians in WW2 – both famines were largely due to the actions of the British colonial leaders).
Well aware of that but was referring to how the poor ended up growing the most vulnerable and prone to disease regardless and how that all played out. Hence the referral to mining’s comment.
That 20k discount he negotiated doesn’t look such a good deal now
The left side of his duplex wasn’t built ….it looks all
right though
https://amp.nine.com.au/article/5ca8ada2-20d6-4ea1-9c24-58bc4d3f20d4
https://www.facebook.com/ACurrentAffair9/videos/982520632284522/
Left without half a house.
https://www.facebook.com/tompanos.training/videos/300344605026958/
Market running out of steam?
https://youtu.be/6GtYGR4wjFA
“Nothing can stop it now”
bcnich
Who is that guy? I’m partial to a hoodie myself but I don’t like my financial advice coming from a guy wearing one….
Here’s a sign the USA might be at or near the top:
THE BIGGEST AND MOST EXPENSIVE HOUSE IN THE WORLD – ‘THE ONE’, Anticipated sell price of $500mil in Bel Air, Los Angeles.
Part 1: https://www.youtube.com/watch?v=_H2xmRseiDw
Part 2: https://www.youtube.com/watch?v=oDvsM1Oivus
But also:
https://www.latimes.com/business/real-estate/story/2021-03-08/foreclosure-looms-for-nile-niamis-infamous-mega-mansion-the-one
The builder is Nile Niami who is credited as producer of hit movies like; Point Blank (not Point Break, Blank!), The Patriot, and The Watcher
https://en.wikipedia.org/wiki/Nile_Niami
Thanks RF.