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.
Hilarious Video by Australian Comedians Clarke & Dawe on Budget Deficits, the Dollar, and the US Economy by Wolf Richter • Oct 7, 2014 • 3 Comments It explains better than anything else how it truly is.
US Natural Gas Production, Exports of Natural Gas via LNG and Pipelines, All Soar to New Records in 2023, Price Collapses by Wolf Richter • Mar 3, 2024 • 86 Comments The US became the largest LNG exporter in the world in 2023. It has long been the largest natural gas producer in the world.
Even Banks in Asia-Pacific (APAC) on the Hook for US Office CRE: Fitch by Wolf Richter • Feb 12, 2024 • 64 Comments That’s what “spread far and wide” means. During the US CRE bubble, yield-chasers not just in the US but globally gorged on invincible US CRE.