The power of NO! We should all stop following orders blindly from people, who at the very least, are all compromised. Don’t raise rates. No! Lower rates. No! Pay taxes. No! Get into debt. No! Pay off your debt. No! Go to war and get your testicles ...

Fed Urged by IMF to Postpone Rate Liftoff to First Half of 2016

I don't think this govt. knows what it's doing or it's doing it deliberately. When the AUDUSD was 1.10 a couple of years ago our economy was booming. Sure we've seen a lowering of commodity prices but is it a coincidence that this govt. has presided ...

Australia International Trade in Goods and Services

This set of data is not great however the prognosis is good. Doesn't mean the patient won't die though. url "Australia should hold fire on interest-rate cuts to avoid further inflaming property prices that are at risk of "a sharp correction," the ...

Australia International Trade in Goods and Services

Taxation = theft and it is with that in mind that I write below. AU superannuation contributions are doubly stolen. You contribute and you get 15% stolen. However, you are only contributing to your pension and there are those who have not ...

Assistant Treasurer Josh Frydenberg: super tax change could come after the election

I can't check anything as I read this news feed on the elevator at work. I don't know where it comes from, but it's usually quite accurate. Alright, I think I found the news feed and it is very recent. Copper prices bolstered strong demand - JUNE ...

Statement by Glenn Stevens, Governor: Monetary Policy Decision

He said, "The Australian dollar has declined noticeably against a rising US dollar over the past year, though less so against a basket of currencies. Further depreciation seems both likely and necessary, particularly given the significant declines ...

Statement by Glenn Stevens, Governor: Monetary Policy Decision

It isn't just Greece and the countries you mentioned which are in debt. It is virtually all EU/EZ countries. However Greece is not getting any better under troika/institutions/unelected bumbling bureaucratic mismanagement from Brussels. These clown ...

Asian Session Morning: The Long Greek Road to Nowhere

That’s a great analysis and information NewtonsCash. The only things I could add to that are, that it seems in the UK, it’s the London property market that is doing well while the rest of the country’s market is in decline. This is what I was told ...

Second Estimate of UK GDP, Q1 2015

This is the crux of it! Once the people realise the all of the economic unions are designed to enslave individual countries and their people to debt created out of thin air by a central group of usurpers head-quartered in a particular country, the ...

Greece’s Endgame Nears as Tsipras Warns Bell May Toll for Europe

Corporations by their very nature are totalitarian and even tyrannical. Crikey! Sounds like land of the fee and home of the slave?! I am opposed to taxation in all forms. While I do pay it, I expect every other person to pay it but it's usually the ...

In Shocking Move, Goldman Slashes America's Long-Run "Potential GDP" From 2.25% To...

Then Greenstar, you and you fellow patriots are going to exercise your 2nd Amendment rights and protect the citizens of the states, right? As for ISIS, well DUH!!! That's always the way, even with Tim Osman and Al Ciada.

In Shocking Move, Goldman Slashes America's Long-Run "Potential GDP" From 2.25% To...

Bailouts for them, bailins for us. Don't worry though, the bewildered herd can tell me, in minute detail, every aspect of Kartrashian's life.

FXCM’s Swiss Franc Losses Prompt Call for Tougher Currency Rules

We had "The World's Greatest Treasurer" some years ago, 90s, I think, maybe early 00s, do some FX manipulations via the RBA. The result was a $6 billion loss. Why these people are not rotting on lampposts is beyond me?

Australia Private New Capital Expenditure and Expected Expenditure

Why do you say this? What about the other countrie's data? It's a colossal Ponzi scheme eating away at the western world.

Second Estimate of UK GDP, Q1 2015

If the just the US can withstand bailing out the banksters who caused the GFC to the tune of $trillions then the G7 can go screw themselves and as you say, just die. Bernie Sanders Exposes 18 CEOs who took Trillions in Bailouts, Evaded Taxes and ...

The G-7's Problem: Can the World Deal With a Greek Default?

I agree. This govt. is shambolic, some say imbecilic. They're always talking our economy down. One has to ask the question, why, to what end do they do this? I myself am not so sure. Surely all govts. should talk their respective economies up? The ...

Australia's capex report is horrible

"Only a year ago the second estimate for expenditure in the 2014/15 financial year was $138.060 billion. At $104.033 billion for the upcoming financial year, this represents a drop of $34 billion, or 24.7%." Well the AUD has dropped about that much ...

Australia's capex report is horrible

I thought this myself. The question being is it an "if", what if that's exactly what's happening with Tsipras, Merkel and co? The Germans tell the Greeks to say "we're doomed on such and such a date", the euro goes down, the Germans (and the Greeks) ...

Greece and its lenders have started crafting a staff level accord - BBG

Seriously, how do we even know it will devalue as much as we think? If it devalues and then opportunistic investors come in to buy into the share/property market, their currency would just rise. Then the astute FX traders would buy the drachma too. ...

Greece proposes 15% tax rate for deposits abroad: Varoufakis