How Australia’s Big 4 Banks Can Sink the Entire Economy by Lindsay David • Jun 13, 2015 • 9 Comments They’re not only too big to fail. For Australia, they’re too big to save.
Australia’s “Largest Housing Bubble on Record” in 4 Charts by Wolf Richter • Jun 8, 2015 • 8 Comments The Great Australian Household Debt Trap.
Mortgage Broker to Australia’s Youth: Give Up Life, Fun, Holidays… Buy an Overpriced Home by Lindsay David • May 31, 2015 • 3 Comments Stop playing victim of high property prices, she said, an eye on her commissions.
Australia’s Sacred Cow Threatens Banking System by Lindsay David • May 4, 2015 • 5 Comments “Negative gearing” pushes overpriced housing market toward disaster.
Australia’s Bad Bet on China by Lindsay David • Apr 26, 2015 • 8 Comments “Nobody predicted the crash” of iron ore. Ha!
Australia Runs out of Luck, Now Needs a Miracle by Lindsay David • Apr 15, 2015 • 8 Comments But miracles are rare these days.
No Major Country Is More Exposed to Banks than Australia by Mark Hansen • Apr 13, 2015 • 6 Comments Just when the resource boom has collapsed. And manufacturing too. But at least the housing bubble is still going strong.
Scorched-Earth Monetary Policy in the US, And What Happened in New Zealand by Wolf Richter • May 8, 2014 • Comments Off on Scorched-Earth Monetary Policy in the US, And What Happened in New Zealand New Zealand’s central bank didn’t follow the Fed’s lead in monetary policy that favors capital over labor, Wall Street over savers, at any cost.
