debt

Is the Aussie Economy Faking It?

You may have noticed that things have been pretty good lately. The economy is booming. Unemployment is down. And market sentiment is, generally, pretty cheerful. Overall, Australia has been a place of sunshine and financial…

Tariffs Lead to Trade War

Harry’s been talking about the country’s problems for years. In short, Italy has massive debt problems and nothing pairs better with crushing debt than an incompetent government…

Why Social Security Must Fail

A headline from The Wall Street Journal: ‘Social Security Expected to Dip Into Its Reserves This Year’. What reserves? Ah…the ‘Trust Fund’. But what’s in the trust fund? What else? US Treasuries.

Crises Leave Their Scars

Having had so many years without a crisis has meant that Australia is one of the few countries in the world still able to offer a range of opportunities. But, there are worrying signs.

Expect Things to Change

You would be surprised how many people invest based on recent past performance, projecting the present into the future. Economists even have a name for it: extrapolation bias.

Markets & Money