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There are more than 200 results, only the first 200 are displayed here.
What does it take to lose hope? For the 4,000 people who attended the anti-lockdown protests in Melbourne last month, an odd coalition of the frustrated, the scared, the angry and the hurt, it takes 18 months of pain and the ensuing changes in employment status, isolation from family and friends, and losses in lifestyle and individual liberties.
There is a three-way battle looming over the future of money and the stakes could scarcely be higher. Conventional money, mainly debt created by banks — the ‘folding stuff’ is only a tiny proportion of the total — is in trouble. Total global debt is now so large relative to the world economy it cannot be serviced, which is why monetary authorities have resorted to dropping interest rates. When they almost hit zero, the next step was quantitative easing (QE): printing money by getting the central bank to buy back government and corporate bonds and putting them on its ‘balance sheet’.
From my third-floor hotel balcony I could reach out almost to touch the mountain. It seems such a good neighbour. When I walk out by the Li River, the mountain follows me, shadowing my footsteps. I watch the river-boats working their ways across the current towards night-moorings, the fisherman homeward-bound with his cormorants.
Once stereotyped as the MTV generation, a gang of apathetic, disaffected ‘latchkey kids’, Gen X has grown to middle age. We are now the sandwich generation. Many of us care for young children at home. Many care for our ageing parents. Many do both at the same time.
Australian governments and judges have been playing catch up for a long time trying to deal with the backlog of claims for migrant visas. A couple of recent judgments highlight the frustration at work in the system.
Although there has been a reasonable level of attention paid to governance issues — such as the incredibly slow vaccine roll out, the ongoing problems with hotel quarantine, and the timing of the lockdown itself — Sydney’s current lockdown has also been marked by an unhelpful focus on individual actions.
There really is no such thing as ‘capitalism’ — or rather there are so many capitalisms that the word is altogether too imprecise to be useful. A much better term to identify the problems, even evils, of modern developed economies is ‘corporatism’. This can be precisely identified and its transgressions and general harm are getting worse.
About 1 in 6 Australians (18 per cent) live with disability, and many of these 4.4 million people face daily barriers to their full inclusion in education, work, services, activities, etc, not because of their disability, but because access has been structured around the needs, capacities and preferences of people who do not live with disability. Exclusion has always been a choice, but the pandemic has laid this reality bare.
Our economy is 1.1 per cent larger than a year ago. Yet, as the situation in Victoria reminded us, none of us are safe unless all of us are safe. And we cannot be safe while work remains increasingly insecure, while social security payments are inadequate and while our public infrastructure is found wanting.
An often overlooked fact about the financial system is that it entirely depends on trust. When trust starts to evaporate, especially between the big players such as banks and insurance companies, the whole artifice is put into peril. Trust in the system is now at an extreme low and that points to extreme danger.
Red gum, this ‘smooth-barked large tree that gives watercourses all over Australia their Australian feel’, seemed intent on bobbing up in my life one way or another, sometimes as a result of sheer luck or coincidence.
The fact is that money still buys a better service from the legal system, and to claim otherwise is to throw out the most basic principles of an economy. After all, if there were no benefit to be gained from backing up a truck full of money and tipping 30 or 40 grand a day into a team of silks, junior barristers and top tier solicitors, why would those with the means do it? To argue the contrary beggars belief. And if the observation is accepted, what does that tell us about the rule of law?
157-168 out of 200 results.