Your Democracy
Saturday, July 26, 2025 - 08:07
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Since the start of the war in Ukraine, in February 2022, Volodymyr Zelensky has been elevated to the status of a hero King, pure in thought and deed, interested only in saving humble Ukraine from the onrushing hordes of Russian Orcs. Like Aragorn from Lord of the Rings, but short, thin-skinned and with a gravelly voice. He has been completely immune from any criticism in the west, with all allegations dismissed and labelled as Kremlin talking points.
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Your Democracy
Saturday, July 26, 2025 - 06:55
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When the IRS announced two weeks ago that it would not enforce a section of federal law commonly called the Johnson Amendment, many clerics rejoiced. The Johnson Amendment — named for its author, then-Sen. Lyndon B. Johnson — strikes a bargain with charities. You accept tax-free dollars, you stay out of the political arena.
To Enforce the Laws Faithfully |
Your Democracy
Saturday, July 26, 2025 - 05:22
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Many new philosophers have adapted to the technologies of today. Gone are the simple esoteric values of behaviour. One pompously discusses the power of AI versus human intelligence with warnings and adoption. We see goodness and dangerous evil still, but not so much within ourselves. |
Your Democracy
Saturday, July 26, 2025 - 04:44
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I step out of my tent every morning, burdened with exhaustion, drenched in sorrow, searching for anything I might be able to buy for my family, a family worn down by hunger. Their bodies are too weak to move. Their faces have turned pale, drained of all signs of life. For two months, not a single grain of flour has entered our tent. My children still go to sleep every night with empty stomachs and unbearable pain.
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MacroBusiness
Saturday, July 26, 2025 - 00:05
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International Reading: This company’s CEO made 6,666x more than its typical worker – CNN Gen Z men with college degrees now have the same unemployment rate as non-grads—a sign that the higher education payoff is dead – Fortune The American Dream is no longer red, white, and blue—it’s gray. There are now more homebuyers over The post Weekend reading and MB media appearances appeared first on MacroBusiness. |
Your Democracy
Friday, July 25, 2025 - 16:57
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MacroBusiness
Friday, July 25, 2025 - 16:00
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Asian share markets are snapping back after rallying most of the week with the USD pushing higher after making gains against most of the undollars overnight as the Trump regime indicates it probably won’t fire Fed Chair Powell. Maybe. Japanese inflation numbers were as expected but still too high above the BOJ target sending Yen The post Macro Afternoon appeared first on MacroBusiness. |
MacroBusiness
Friday, July 25, 2025 - 14:00
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Last month, I visited Harvey Norman in search of a replacement for my decade-old coffee machine. The sales assistant told me that sales of home coffee machines were booming, presumably because cost-of-living concerns had made barista-made coffee from a cafe unaffordable. I have also observed growing lines at the local Coles Express, where I regularly The post $7 coffees sends Aussies running from cafes appeared first on MacroBusiness. |
Renew Economy
Friday, July 25, 2025 - 13:59
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Renew Economy
Friday, July 25, 2025 - 13:55
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Renew Economy
Friday, July 25, 2025 - 13:32
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MacroBusiness
Friday, July 25, 2025 - 13:30
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One just has to love and laugh at the Aussie political economy. AFR. Productivity Commission chairwoman Danielle Wood is recommending the Albanese government overhaul company tax, speed up planning approvals for infrastructure projects and embrace artificial intelligence to lift the economy out of stagnation. Australian full-time workers would be at least $14,000 better off by The post Producivity roundtable sinks into bog appeared first on MacroBusiness. |
Your Democracy
Friday, July 25, 2025 - 13:17
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A century after Upton Sinclair exposed journalism as a racket in The Brass Check, today’s media landscape has evolved into something even more dangerous: sanitized censorship disguised as fact-checking.
The Brass Checkers: Fact-Checkers ‘R’ the ‘New Age Censors and Parody for Brilliance. Part 1 Seth Ferris
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Renew Economy
Friday, July 25, 2025 - 13:09
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MacroBusiness
Friday, July 25, 2025 - 13:00
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Earlier this week, I argued that Trump Derangement Syndrome is no basis for sustained Labor rule. Alas, I spoke too soon, because the Coalition, bent of self-destruction, has delivered said basis Via Wokey. An anonymous federal Liberal MP who opposed Sussan Ley as party leader when she stood for the role in May told The The post Australia is headed for a one-party Labor state appeared first on MacroBusiness. |
MacroBusiness
Friday, July 25, 2025 - 12:30
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I reported this week how the co-founder and life member of the Australian Greens, Drew Hutton, has been expelled from the party for a series of Facebook posts and comments he made about the Greens’ pro-transgender platform. Hutton responded claiming that “there have been over 40 members of the Greens Australia-wide who have contacted me, The post Sanctimonious Greens erupt into civil war appeared first on MacroBusiness. |
MacroBusiness
Friday, July 25, 2025 - 11:30
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How can the central bank of the only enduring immigration-led, labour market expansion economic model on earth never mention immigration? It is a trick question, of course. The model is only possible because the mention of the word immigration is cancelled, thus enabling the ongoing slaughter of living standards for extant Australians. Imagine if they The post Bullock RBA is slow but it ain’t steady appeared first on MacroBusiness. |
MacroBusiness
Friday, July 25, 2025 - 11:30
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ANZ is excited. China: reflation kicks off China kicks off a reflation strategy, signalled by a mega hydropower project. The goal is to restore the inflation dynamics via supply-side tightening and creating new demand side. Producer price index (PPI) could turn positive soon due to rising commodity prices. But it will still takeat least two The post China bomb stimulus upon us! appeared first on MacroBusiness. |
Renew Economy
Friday, July 25, 2025 - 11:22
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MacroBusiness
Friday, July 25, 2025 - 11:00
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Last year, the National Anti-Corruption Commission (NACC) became involved in its own corruption crisis. When the Royal Commission on the Robodebt Scheme released its report, the commissioner recommended that six people be submitted to the NACC for investigation. Many Robodebt victims were outraged when the NACC announced that it would not execute the recommendation. The |
MacroBusiness
Friday, July 25, 2025 - 10:30
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In the Albanese government’s first term in office, a strategy that could be broadly summed up as “Steady as she goes” or “Small target government” was pursued. While such an approach left the government with a minimal book of policy accomplishments, it also provided the Coalition few easy opportunities to gain momentum and present themselves |
MacroBusiness
Friday, July 25, 2025 - 10:00
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Neither policymakers nor proponents of a Big Australia accept the importance of water in the immigration debate. A succession of papers has warned that Australia will experience chronic water shortages and escalating water bills as its population rises by millions, driven by chronically high immigration levels. For example, Infrastructure Australia’s 2017 modelling forecast that real household |
xkcd.com
Friday, July 25, 2025 - 10:00
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MacroBusiness
Friday, July 25, 2025 - 09:30
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The ferrous complex short squeeze is flaming out. Arch CCP groveller Twiggy Forrest was on the hustings yesterday. The Australian. The next chapter in the Australia-China relationship will define our shared futures for the next century. It was significant that one of the defining moments of the Prime Minister’s visit was one I had not experienced on The post Green steel dream turns nightmare appeared first on MacroBusiness. |
MacroBusiness
Friday, July 25, 2025 - 09:00
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Risk markets were relatively benign overnight as the ECB meeting came and went without any movement in interest rates as expected while the latest US initial jobless claims didn’t surprise either with the USD putting in a very small rally after a week or more of weakness. Pound Sterling fell back the sharpest among the The post Macro Morning appeared first on MacroBusiness. |
Renew Economy
Friday, July 25, 2025 - 08:08
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MacroBusiness
Friday, July 25, 2025 - 08:00
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The human face of Australia’s rental crisis was revealed this year when father of three Morgan Cox bravely fronted ABC’s Q&A seeking answers to Australia’s rental crisis. Morgan Cox is a typical hardworking Australian living on the NSW Central Coast. He works two jobs to help support his partner and three children, one of whom The post Housing crisis: Aussies pay $10,000 more to rent appeared first on MacroBusiness. |
Your Democracy
Friday, July 25, 2025 - 07:49
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French President Emmanuel Macron has announced that his country will recognize Palestine as a state in pursuit of what he called a “historic commitment to a just and lasting peace” in the region. In a surprise statement on X on Thursday, Macron said that he would make a formal announcement to this effect at the United Nations General Assembly in September in New York. |
Renew Economy
Friday, July 25, 2025 - 06:17
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Your Democracy
Friday, July 25, 2025 - 06:10
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Australia has lifted biosecurity restrictions on beef imports from the United States, one of the key grievances that led the Trump administration to impose tariffs on Australia. |