Debt deflation-On the Edge with Max Keiser-07-08-2011

Debt deflation-On the Edge with Max Keiser-07-08-2011 Investment Postcards … Show more Top Comments @studioXforum this has nothing to do with capitalism. If it was capitalism, banks WOULD go bankrupt… ptknight 1 month ago 15 @harveybirdmannequin Though historical Christian aversion towards usury did lead to the outsourcing of banking to Jews in Europe (Niall Ferguson touches on [...]

Should we be bracing for an inevitable housing bubble bust?

http://theconversation.edu.au/should-we-be-bracing-for-an-inevitable-housing-bubble-bust-2588 By now it should be obvious to anybody who is not a banker or a real estate agent that Australia is in the grip of a substantial housing bubble. The greatest housing-price rise in the history of Australian residential property represents an inflated bubble – one that is ready to burst. Perhaps unsurprisingly, [...]

Imagine a tax system that penalised work

http://www.theage.com.au/business/imagine-a-tax-system-that-penalised-work-20110329-1ceqb.html March 30, 2011 Illustration: John Spooner IMAGINE that you have just become treasurer or finance minister in the government of a newly independent nation. Imagine also that, for some reason, you wanted to create a tax system that encouraged the accumulation of wealth through borrowing and speculating, as opposed to working and saving. So [...]

Why Spending on Infrastructure Won’t Lead to Prosperity

“Hey, your light isn’t working”, Daily Reckoning editor Dan Denning pointed out to the security guy checking passports at San Francisco International Airport (SFO). “Yeah, well, that’s your tax dollars not at work,” he replied. “There’s supposed to be a light fixed to the desk here, instead they’ve given me this hand light which wasn’t [...]

Response to That NBN Email

This email was written by someone who is obviously NOT an expert: “and eventually it can’t do it`s bouncing of light thing anymore” Did they really say that? The original email is at the bottom of this article. Where do we start? Ok, let’s dispense with the misconceptions first. These type of articles are nearly [...]

RSPT – For #2

Super profits tax is up against brazen propaganda May 29, 2010 http://www.theage.com.au/business/super-profits-tax-is-up-against-brazen-propaganda What on earth were they thinking? Which ever bright spark in the federal government came up with the idea of introducing a radical shake-up of the tax system a few months out from an election must have had rocks in his head, if [...]

RSPT – For #1

Major miners generally selfish May 29, 2010 http://www.theage.com.au/business/major-miners-generally-selfish In the Rudd government’s battle to make the mining companies pay a more reasonable price for their use of the nation’s non-renewable resources, any number of dubious arguments are being thrown around. One is the furious debate over how much company tax the miners pay. Another is [...]

Daily Reckoning

The Case for Austerity: Keynesianism, Pharaoh and the Frogs May 19, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
The European Union is Doomed — Economically and Politically May 19, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
The Physical Gold Market – From the Weak to the Strong May 18, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Eduardo Saverin and Team Freedom Versus Team State May 18, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Washington DC: Immune to the Financial Crisis May 18, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Why JP Morgan is Playing the Same Old Rigged Game May 17, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
How the Feds Fight a Great Correction and Prolong Economic Depressions May 17, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Turning on China’s Economy May 17, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Why Greece Can’t Afford to Stay in the Euro May 16, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)
Will China Become Australia’s Godfather? May 16, 2012 dr@dailyreckoning.com.au (The Daily Reckoning)

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