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Keywords: Financial Crisis

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

  • ECONOMICS

    Climate change trillions

    • David James
    • 08 November 2021
    4 Comments

    The Glasgow United Nations Climate Change Conference has been advertised as an effort to focus on sustainable environmental solutions. What got much less attention, if any, is that it is probably at least as much about having a sustainable financial system. Many noted that China, did not send its leader: Xi Jinping, president of the world’s greatest CO2 emitter. There was also another significant absence: the financiers who are hoping to profit from the trillions allocated into climate change projects.

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  • AUSTRALIA

    Poor-blaming lets governments off the hook

    • Claire Victory
    • 26 October 2021
    14 Comments

    We don’t need further commentary that gives people who are well off yet another excuse to demonise people living in poverty and to blame them for their circumstances. It lets governments off the hook – governments which should be addressing the structural causes of poverty.

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  • ECONOMICS

    A strange financial circus

    • David James
    • 12 October 2021
    4 Comments

    Over the last two years, money printing has created the illusion of strength in savings. But when reality resurfaces, and actual returns are required from actual economic and business activity, the global financial system will come under extreme stress. 

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  • RELIGION

    The challenge of Church leadership

    • Andrew Hamilton
    • 12 August 2021
    67 Comments

    Among Australian Catholics the Plenary Council and the preparations for the Synod in Rome on Synodality have aroused hope and stirred scepticism. It is clear that a Church diminishing in numbers of participants in its public life and in its financial resources, and discouraged by the extent of child abuse by its officers, must find new ways. But that the processes of the Council and the Synod will spark fresh energy for change is not a given.

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  • ECONOMICS

    Why inflation isn't higher

    • David James
    • 12 August 2021
    4 Comments

    The biggest mystery of the financial markets is why, when the monetary authorities have been printing money with their ears pinned back, is inflation for the most part not a problem? What happens with inflation is crucial to the short-term survival of the whole system. Global debt, which is running at well over 300 per cent of global GDP, is only sustainable because interest rates are exceptionally low (the base rate in Australia is only 0.1 per cent). And interest rates are low because inflation is not a problem.

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  • AUSTRALIA

    Proselytising ‘No Religion’ for the Census

    • Joel Hodge
    • 10 August 2021
    13 Comments

    Whatever one thinks of the Census21 campaign, I agree with the implicit aim: all people should be honest in answering the Census questions. It doesn’t matter whether one is affiliated to a major religion, no religion, or has another spirituality not listed, it is crucial that we give compete answers that reflect our real lives.

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  • CARTOON

    The world stage

    • Fiona Katauskas
    • 15 June 2021

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  • ECONOMICS

    Teetering on the financial brink

    • David James
    • 08 June 2021
    4 Comments

    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.

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  • CARTOON

    The forgotten Australians

    • Fiona Katauskas
    • 11 May 2021

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  • ECONOMICS

    The economy is never as good as it looks and never as bad as it seems

    • David James
    • 04 May 2021
    2 Comments

    But although the Coalition will never admit it, it looks suspiciously like there has been some bipartisan institutional learning about how to manage financial crises. If you want to stimulate an economy in times of crisis put the money directly into the economy, either into people’s pockets or to businesses who then pass it on to workers.

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  • AUSTRALIA

    Are we all in this together?

    • Ursula Stephens
    • 01 April 2021
    1 Comment

      At the beginning of the Covid-19 pandemic, the government reassured Australia ‘We’re all in this together’ but the truth is that the end of JobKeeper and the Coronavirus supplement payments will leave more than 2.6 million people in poverty.

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  • AUSTRALIA

    Pragmatism: obscuring ideology in Australian politics

    • Benedict Coleridge
    • 09 February 2021
    30 Comments

    The celebration of pragmatism in Australian politics obscures the role that ideology has always already played. In fact, one of the more stealthily ideological moves in Australian politics, generally made within that swirl of commitments people call ‘centrism’, is the de-politicisation of policy — the attempt to present policy as responsive to natural imperatives rather than to specific values and ideals.

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