A Final Goodbye (and Prediction for 2022)
For my final essay, I thought it might be useful to describe how I see the state of financial markets right now. Which is kind of useless, because the market doesn’t care for how I…
Australian Banks
The Love of Power
South Australia’s Marshall government sought a permanent extension of their emergency powers earlier this year. It was only the pushback by some principled Liberal MPs that forced Marshall to abandon his own plans.
Viruses Are Like Cryptos — They Replicate
‘A crypto thing called Omicron has soared more than 900% since Saturday because there is now also a Covid variant called omicron. That’s it. That’s the reason.
Some Important News Regarding Your Rum Rebellion Subscription
While the name ‘Rum Rebellion’ is generally well known to most semi-students of Australian history, the involvement of rum was only a peripheral issue.
Congress Passes Biden’s Latest US$1.2 Trillion ‘Infrastructure’ Deal
Sit down. Remain calm. Let’s try to figure this out… The big news last Friday was that the House got together and passed Joe Biden’s social spending program.
The Price to Be Paid for Instant Gratification
When this market rotates from euphoria to despair, a lot of people — the young and not so young — are going to pay a very hefty price for chasing instant gratification.
First Comes the Little Lies
After all, if we aren’t told the truth about the little things, why would they level with us over the bigger ones?
A Decade of Dollar Destruction
The habit of saving money has also been exterminated by more than a decade of artificially low interest rates
Just Grateful for a Haircut and a Feed…
This relates to our democracy’s unique history; a product of the Age of Enlightenment and also a beneficiary of the birth of the US republic just 100 years before.
Help Wanted
I mean, it’s hard to miss all the ‘help wanted’ signs on restaurant, shop, and bar windows.