An important discussion about credit creation, why banks are talking interest rates down, and what economists are prepared to say and what they are not, courtesy of Joe Wilkes. Refers to the earlier post below:
We discuss the latest Demographia report on housing affordability. Why are prices relative to incomes so high? http://www.demographia.com/dhi.pdf https://theconversation.com/zoning-isnt-to-blame-for-australias-soaring-house-prices-154482 Go to the Walk The...
Here we go again. Just yesterday, markets fell on Trumps comments concerning Fed Chair Jerome Powell, and by threatening to sack the head of...
Migration into Australia remains too high, and has directly and indirectly caused a massive rise in homelessness. Tent cities have sprung up, and some...