The BBC in the United Kingdom has aired a program this week titled “How China Fooled the World – with Robert Peston” It re-enforces many of the posts we have made over the years and is well worth a watch. » How China Fooled the World – with Robert Peston …
In January’s predictions for this year, we commented one shock for average Australians will be “income growth or rather the lack thereof” (2014: The year the world is taken off life support): The other shock will be income growth or rather the lack thereof. Treasury’s chief economist David Gruen told …
Back in October last year we reported on data from Google Trends showing an increased number of Australians hitting Google to research the term “Housing Bubble”. This month (February 2014) has seen a significant increase of internet searches and we are barely half way though the month (The last data …
As widely expected, the Reserve Bank of Australia has left the official cash rate at an “accommodative” 2.5 per cent citing “on present indications, the most prudent course is likely to be a period of stability in interest rates.” This now has many calling a bottom to the interest rate …
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