Search Results: debt

There are more than 200 results, only the first 200 are displayed here.

  • ARTS AND CULTURE

    Millennials work for free? Muffin doing

    • Brenna Dempsey
    • 01 March 2019
    5 Comments

    Natalie Brennan, general manager of Muffin Break, accused 'millennials' of no longer seeing the value in 'experience', and of having an 'inflated view of their self-importance'. Ironically, she has an inflated view of her company's importance if she believes 'millennials' should jump at the opportunity to work for her in an unpaid internship.

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  • ARTS AND CULTURE

    Through the window a Eucharist of moon

    • Rory Harris
    • 18 February 2019
    2 Comments

    On the flight out of Manila / clouds sculpt prancing herds / & then the long drive south / to a home as we know it / back to a sound of almost rain.

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  • AUSTRALIA

    Shaping the Pope's sexual abuse summit

    • Andrew Hamilton
    • 18 February 2019
    33 Comments

    This week the presidents of bishops conferences and representatives of religious congregations around the world will meet in Rome to reflect on responses to the sexual abuse of children To understand and evaluate the meeting, we should keep in mind its background and the different groups that have a particular interest in it.

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  • RELIGION

    On love, money and Valentine's Day

    • Barry Gittins
    • 13 February 2019
    6 Comments

    Valentine's Day is built on some fairly shaky historical ground. Rather than honouring a prelate offering bridal trysts, or hoping for a good harvest, I'm inclined to spare a thought for the Greek philosophers and poets who set up shop well before Romulus and Remus; I like to muse over their various efforts to pin down love.

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  • ECONOMICS

    Breaking down Hayne's humanistic report

    • R. P. Lim
    • 07 February 2019
    2 Comments

    Hayne's report brings into play ideas surrounding collective humanistic values and goals, and natural law principles based on commonly understood ethics and moral standards. What is striking is how the financial services industry has dehumanised consumers, and those within the industry providing the services at the frontline.

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  • ECONOMICS

    Venezuela beset by American dirty tricks

    • David James
    • 30 January 2019
    13 Comments

    If you wish to peer into the heart of darkness, the nexus between big oil and big money is a good place to start. Those who control the energy market and the financial markets control the world. The latest victim of this brutal intersection is Venezuela, a country that has made the mistake of having the biggest oil reserves in the world.

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  • AUSTRALIA

    We need leaders who are smarter on data

    • Kate Galloway
    • 29 January 2019
    1 Comment

    Transitioning to a networked world replete with data is a challenging task. Our parliamentarians have a duty to appraise themselves of the basics of human rights, data ethics, and the technological frameworks that will deliver good governance. Until then, we will be left lurching from one technology omnishambles to the next.

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  • ECONOMICS

    What are banks for?

    • Colin Long
    • 18 January 2019
    6 Comments

    The opening of the finance sector to scrutiny provides an opportunity to examine its position in the structure of the Australian political-economy, and, most importantly, to make the changes necessary to place it at the service of the people, rather than allowing it to continue to prey on us.

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  • ECONOMICS

    The true lesson of capitalism

    • David James
    • 15 January 2019
    2 Comments

    One of the most basic distinctions in finance, with which any stockbroker or fund manager is familiar, is that between equity and debt. As the global economy teeters on the edge of a debt and banking crisis, with global debt more than 300 per cent of global GDP, the merits of equity is something that needs to be better understood.

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  • ECONOMICS

    Compound interest is the root of banks' evil

    • David James
    • 04 December 2018
    7 Comments

    The problem goes much deeper than a few crooked operatives and it will not be fixed by changing the corporate 'culture'. The fundamental evil is the arithmetic of compound interest. Interest on debt rises exponentially, while economic activity is linear. That means that sooner or later those in a weaker position are unable to pay.

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  • ARTS AND CULTURE

    God is love, so milk that dairy cow

    • Peta Yowie
    • 26 November 2018
    1 Comment

    As I sit in the Paris end of Collins street, I touch a poor woman's shoulder, and she looks up, her head wrapped in a veil, and I hand her some money. She clasps my hand, says thank you. Fingers count the rosary of coins. How will she know she is loved?

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  • AUSTRALIA

    Time to stop punishing the unemployed

    • El Gibbs
    • 21 November 2018
    10 Comments

    Australia’s income support system and employment services have shifted to an ever harsher regime of compliance and penalty, while failing to find work for hundreds of thousands of people. 

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