Deep T.

  What is Money and why is the creation of Money something which is both fundamentally important to the financial and economic system, while at the same time something almost never considered, with the actual mechanics of it virtually unknown?

I’ve waded through Matt Comyn’s presentation of CBA’s results and some things struck me as, bluntly, lacking clarity.

Why the cumulative CAD and offshore debt are both the cause of our prosperity and the downfall of the nation?

How many of you are aware that Australia has accumulated a total current account deficit of $1.217 Trillion since 1980?

The banking system is broken, propped up by every day taxpayers for the benefit of a few, mainly in the FIRE sector.

Australia you’ve been conned, hoodwinked by APRA to ensure that the too big to fail taxpayer guarantee of Mega Bank (CBA, NAB, ANZ and WBC) continues unabated.

APRA’s Wayne Byers gave a speech on 5 April which sought to set the agenda for the future state of the bank capital in Australia.

To recap, my last post was about my tribe of children being disillusioned.

Make no mistake, the biggest issue being addressed right now is wealth inequity across society, classes of workers and generations.

2017 will bring financial conditions in Australian mortgage and housing markets never seen before.