Australian housing is the subject confounding all and sundry would-be economic prophets, particularly those presenting themselves as mavericks. And after the GFC the population of econo-mavericks exploded.
The prototype of that creature would be Steve Keen, the
wannabe-Copernicus cum Chicken Little old bloke whose repeated and repeatedly failed prophecies of housing market doom inspired countless jokes.
There are other, however, less known examples. Say, the Unconventional Economist (aka Leith van Onselen) and the Macrobusiness crew.
Friday, 27 November 2020
Saturday, 21 November 2020
What is it we’ve been told endlessly before reporting sensational
news? Why, that we need to make sure we get the facts straight, before reporting them.
David Lipson and a team of ABC journos have been reporting from the US. So far, I’m satisfied – as I’m sure the wider Australian public is – they’ve done a good job, under difficult circumstances. ABC journos have a well-earned reputation for that.
Having said that, Lipson’s latest op-ed/analysis (“Donald Trump’s Current Strategy isn’t About Winning in Court. It’s about Disrupting the Process in the Hope of Winning the US Election by Default”, November 20) contained this bit:
Monday, 16 November 2020
November 2008, Barack H. Obama II was elected POTUS, amidst enormous popular good will. The first black American elected to that office, Obama inherited the top job as the United States was experiencing the first stages of the Great Recession (or Second Great Depression, depending on your perspective).
Thursday, 5 November 2020
Although you won’t find a single word about Latinos for Trump in some quarters of the internet if your life depended on it, a part of the American media seems to have realised – shock! horror! – that not all Latinos look like Speedy González.
Yes, dear identitarian Leftists in the US and Australia: not all Latinos felt insulted when the Pussy Grabber in Chief called illegal immigrants rapists, nor did they all support the Black Lives Matter protests or see themselves as targets of racism; not all Latinos want minimum wages, for these Latinos aren’t working poor. Not all Latinos oppose American imperialism in America’s back yard.
Tuesday, 3 November 2020
It’s about 1530 AEST (November 14). According to the ABC coverage of the US elections, things in Florida don’t seem to be going the way the Biden/Harris campaign would have liked. And it seems, too, it all boils down to the Latino vote.