Keywords: Us Federal Reserve
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ECONOMICS
- David James
- 29 April 2020
6 Comments
The COVID-19 pandemic is starting to ease, but the economic and financial fall out has just begun. It is not as if the world economy was in good shape before economic activity was slashed and entire industries were shut down. Those fault lines are only going to worsen, and the consequences might be very dark.
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AUSTRALIA
- John Falzon
- 03 March 2020
27 Comments
The Morrison government despises the working class. There is no other explanation for its behaviour. For all the ‘lifters and leaners’ or ‘workers and shirkers’ guff that we’ve seen over the years from this and past governments, the truth is that, according to the neoliberal worldview, whether you’re in paid work or on social security, you’re despised unless you belong to its own big money elite.
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ECONOMICS
- David James
- 03 March 2020
10 Comments
We live in an era of hyper-transactionalism, whereby most of what we do is subject to the exchange of money and market pricing. Whereas in the past much of humanity was bound to a political system, now most of us are bound to a globalised monetary system.
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AUSTRALIA
- Binoy Kampmark
- 20 February 2020
3 Comments
The Australian Federal Police raid on the 5th of June last year shook the Fourth Estate and, according to managing director David Anderson, ‘was seen for exactly what it was: an attempt to intimidate journalists for doing their jobs.’ It saw an unprecedented closing of ranks between journalists across the political spectrum, pursuing a campaign that came to be known as The Right to Know. Convincing the courts about this principle would prove to be something else.
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ECONOMICS
- David James
- 07 September 2019
6 Comments
One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
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AUSTRALIA
- Andrew McAlister
- 26 April 2019
17 Comments
My JAP informed me I was required to do 21 hours per week of Mutual Obligation activity, in addition to looking for work. They assured me the 21 hours would help me remain focused on the task of finding work. I replied I would now have to stop doing the things that were keeping me motivated to satisfy my Mutual Obligation requirements.
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RELIGION
- Frank Brennan
- 10 September 2018
As leaders like Gough Whitlam and Patrick Dodson have attested, if we are to imagine and strive towards New Horizons for Justice and Solidarity, we need conviction, perseverance, capacity for compromise, relationships of trust, humour.
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ECONOMICS
As the world economy groans under soaring levels of debt, the place to look is Japan, whose current government debt-to-GDP ratio is an eye watering 253 per cent. It is Japan, which led the developed world into this mess, that is likely to lead the world out of it by cancelling debt. The consequences of such a move would be far reaching.
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ECONOMICS
- Joe Zabar
- 27 February 2018
'Francis' statement is not one merely for theological or academic contemplation. It is in effect Francis' call to establish a new benchmark for our economy, one where exclusion and inequality are no longer a natural and accepted consequence of its operation.' Director of Economic Policy for Catholic Social Services Australia addresses the CSSA annual conference in Melbourne, February 2018.
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AUSTRALIA
- Joe Zabar
- 07 December 2017
5 Comments
Many of us have grown up with Norman Lindsay's classic tale of the magic pudding; the pudding bowl that never empties no matter how often the pudding was eaten. It seems that the magic pudding bowl has been borrowed by the federal government, if the proposed new business and income tax cuts are anything to go by.
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RELIGION
- Frank Brennan
- 08 November 2017
'We need to recommit to work for all those who are able and willing. We need to recommit to social assistance for all those who are not able. We need to ensure that a life of frugal dignity is within the grasp of all citizens.' 2017 Rerum Novarum Oration by Fr Frank Brennan SJ
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ARTS AND CULTURE
- Michael D. Breen
- 07 August 2017
13 Comments
How much fear do we want? Enough of it preserves our lives. Too much of it diminishes our lives. Currently, the balance is skewed by an overload of fear. Anxiety, its clinical name, is in epidemic proportions.
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