For the first time, oligarchs from North America and the steppes of Eurasia have teamed up to lie, cheat and steal together.
Politics and History
Our editors look back to previous periods in politics and history to discover the parallels with today’s market and how this can help your investing.
History doesn’t repeat, as writer Mark Twain once wrote, but it rhymes. For an entertaining and informative romp through financial disasters and bull markets of yesteryear, plus the legendary investors who made a fortune and the foolish knaves who lost their shirts, read on…
Tim Geithner claims he was tested by the financial crisis in 08–09. He thinks he passed. Now he’s peddling his version of the story, complete with God in his pocket
You’ve paid taxes. But in the near future the postman might not turn up for days. It’s all to do with the $218 million loss Australia Post pulled off last year.
It’s not just the Ukraine going through the motions of history. Over in American airspace, a U2 plane shut down airport computer systems in LA by accident.
Thomas Piketty’s solution to bridging the gap between capital and income is a progressive wealth and income tax of up to 80%. Tax the rich and give to the poor.
Such a levy will only add to the budget’s long term structural problems. Increasing taxes in a fragile Australian economy will affect confidence and growth
But any way you look at it, Australia will have to do more to defend itself and its interests in the future. It will largely be the realm of the military...
The worry is that the Russian and Ukrainian economies are suffering badly while politicians enjoy their newfound nationalism on both sides of the border.
Pensions are going to balloon sooner or later as the baby boomer bulge retires. Raising the pension age just means it will happen later.
The idea of government managing outflows from the Superannuation system is something we warned about in the panel discussion after the speeches at World War D.