keywords: Debt

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

  • ECONOMICS

    Venezuela beset by American dirty tricks

    • David James
    • 30 January 2019
    14 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.

    READ MORE
  • 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.

    READ MORE
  • 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.

    READ MORE
  • 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.

    READ MORE
  • 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.

    READ MORE
  • ARTS AND CULTURE

    God is love, so milk that dairy cow

    • Peta Yowie
    • 26 November 2018
    2 Comments

    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?

    READ MORE
  • 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. 

    READ MORE
  • ECONOMICS

    The shareholders shall inherit the earth

    • David James
    • 08 November 2018
    1 Comment

    So here is a question. Which are you? A customer, a shareholder, a worker, a citizen, or, well, a whole human being? If you answered 'customer' then congratulations, you are in line with contemporary economic orthodoxy, and boy, have we got a society for you. If you answered 'a human being' then that really is a problem, I'm afraid.

    READ MORE
  • RELIGION

    Christianity tells stories; Islam finds designs

    • Michael McGirr
    • 31 October 2018
    21 Comments

    My year ten class studies Islam, one of the most formative influences in the world that my students will inhabit and hopefully improve. I have a profound respect for Islam. Westerners often fail to acknowledge the debt they owe to Islam, a tradition that had a huge role in bringing Europe through the Dark Ages and into the Renaissance.

    READ MORE
  • AUSTRALIA

    A bill of rights for the age of technology

    • Kate Galloway
    • 29 October 2018
    2 Comments

    A robust human rights framework would hold government to account in its own deployment of technology such as 'robodebt'. It would also provide protections against the government's increasing attempts to control data through legislation — where data is collected and deployed using diverse technologies.    

    READ MORE
  • ECONOMICS

    Trump's thuggery is changing world finance

    • David James
    • 05 October 2018
    5 Comments

    That Trump is a narcissistic braggart was never in doubt. The more intriguing question was always how a businessman would behave once he became president. His administration sees business-style standover tactics as a thoroughly good option. The system-wide shifts that are resulting may have a lasting impact.

    READ MORE
  • ECONOMICS

    Lehman Brothers and the next GFC

    • Binoy Kampmark
    • 13 September 2018
    2 Comments

    It has been a decade since the banking aristocracy Lehman Brothers filed for bankruptcy in what would be the chant of doom that became the Global Financial Crisis. Today, the legacy of Lehman Brothers and the crisis it helped precipitate supply warnings of the next shock.

    READ MORE

x

Subscribe for more stories like this.

Free sign-up