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Your Democracy Friday, July 18, 2025 - 06:22 Source

VLADIMIR PUTIN RECENTLY EXPRESSED HIS VIEWS THAT FOR MANY YEARS HE THOUGHT THE CONFLICT BETWEEN RUSSIA AND THE WEST WAS IDEOLOGICAL, BUT HE HAS RECENTLY "DISCOVERED" THAT IT IS NOTHING ELSE BUT GEOPOLITICAL….

ON THIS SITE, WE HAVE EXPLORED THIS SINCE THE BEGINNING… THE IDEAL OF DEMOCRACY IS ONLY A TINY PART IN THE GAME OF MARKING AND EXTENDING ONE’S TERRITORY LIKE A MALE DOG COCKING UP A HIND LEG… SEE NETANYAHU...

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Your Democracy Friday, July 18, 2025 - 05:55 Source

US-made Patriot surface-to-air missile (SAM) systems will be delivered to Ukraine “as quickly as possible,” and Germany will pick up the tab, NATO’s top military commander in Europe, American General Alexus Grynkewich, has said. Washington and Berlin agreed on the scheme earlier this week.

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MacroBusiness Friday, July 18, 2025 - 00:05 Source

Australians have experienced a record 6.1% decline in their real wages. Worse, the Reserve Bank of Australia’s (RBA) own forecasts suggest that real wages will only recover to December 2011 levels by mid-2026, by which time they will still be tracking 5.7% below their mid-2020 peak. Thursday’s labour force data for June, released by the

The post Aussies brace for new wage shock appeared first on MacroBusiness.

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Your Democracy Thursday, July 17, 2025 - 16:52 Source

The current genocide is the culmination of a spiral of violence that has been going on since 1948 and has been covered up by the powerful in the West for generations. The media portray the genocide as self-defense – but they are nothing less than partners in crime.

 

Genocide as “self-defense” – Western media as accomplices to the genocide in Gaza – We stand up!by Peter Haenseler

 

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MacroBusiness Thursday, July 17, 2025 - 16:00 Source

Currency markets pivoted to Asian releases today with the jump in local unemployment and a fall in Japanese exports hitting both the Australian dollar and Yen respectively. The Trump regime’s trade war is continues with “framework deals” for India and Europe the next hand-waving “framework” that is being floated while actual free trade deals outside

The post Macro Afternoon appeared first on MacroBusiness.

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Renew Economy Thursday, July 17, 2025 - 15:14 Source
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Renew Economy Thursday, July 17, 2025 - 14:14 Source
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MacroBusiness Thursday, July 17, 2025 - 14:00 Source

During the Covid-19 pandemic, New Zealand experienced one of the world’s largest house price booms, which pushed median home values to a record 11.2 times median household incomes, according to Demographia. Since then, New Zealand has experienced one of the world’s biggest housing crashes, which has significantly improved the nation’s housing affordability. On Tuesday, the

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Renew Economy Thursday, July 17, 2025 - 13:45 Source
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Renew Economy Thursday, July 17, 2025 - 13:44 Source
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MacroBusiness Thursday, July 17, 2025 - 13:30 Source

Markets are always right. Always right. CISA data is falling away. But don’t forget, no private sources have fully captured the official downturn in steel output, though CISA is now trying. Steel output cuts are underway. Why steel prices are going down and iron ore prices are going up, you will have to ask the

The post Iron ore pulls a Costanza appeared first on MacroBusiness.

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MacroBusiness Thursday, July 17, 2025 - 13:00 Source

Albo’s great grovel of China has reached the level of nauseating. From The Australian: After his big day in the Great Hall with Xi Jinping, Anthony Albanese spent most of Wednesday leading a Gough Whitlam tribute mission. The Chinese government was delighted to assist. A huge section of the Badaling section of the Great Wall – about 80km northwest

The post Albo isn’t Whitlam, he’s Chamberlain appeared first on MacroBusiness.

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MacroBusiness Thursday, July 17, 2025 - 12:23 Source

This is what happens when you drive a car through the rear vision mirror. You overcook everything. In seasonally adjusted terms, in June 2025: unemployment rate increased to 4.3%. participation rate increased to 67.1%. employment increased to 14,619,300. employment to population ratio remained at 64.2%. underemployment rate increased to 6.0%. monthly hours worked decreased to

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Renew Economy Thursday, July 17, 2025 - 12:18 Source
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Your Democracy Thursday, July 17, 2025 - 12:08 Source

China has published the data for its BeiDou satellite navigation system — and hold on, because what seemed like a simple technological balance sheet is actually a reflection of the geopolitical power of a country that has managed to build a reliable alternative to GPS in just two decades!

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MacroBusiness Thursday, July 17, 2025 - 12:05 Source

China says its economy is growing at 5.2%, but falling prices and sluggish demand tell a very different story. Some are now calling it a “golden depression”—recession hidden by stimulus. Join us this week as Nucleus Wealth’s Chief Investment Officer, Damien Klassen, and Chief Strategist, David Llewellyn-Smith, unpack what’s really happening in China and what

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Renew Economy Thursday, July 17, 2025 - 12:02 Source
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Renew Economy Thursday, July 17, 2025 - 12:00 Source
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MacroBusiness Thursday, July 17, 2025 - 12:00 Source

For ye will lose. The Market Ear. NVDA monster While people are debating whether to be long the European bull story, GS points out: “NVDA is now closing in on 90% of the entire SX5E in terms of mkt cap (4.1tr vs 4.8tr)”. Bloomberg/GS Still far from real exuberance Net exposure is in the 68th

The post Never bet against America appeared first on MacroBusiness.

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MacroBusiness Thursday, July 17, 2025 - 11:30 Source

A recent report from CBA economist Harry Ottley illustrated the unprecedented rise in non-market sector jobs over the past decade. This sector includes the health care and social assistance, education and training, and public administration and safety industries. It includes both public and private service providers that rely on government funding. The non-market sector has

The post NDIS job boom delivers productivity bust appeared first on MacroBusiness.

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MacroBusiness Thursday, July 17, 2025 - 11:00 Source

Nobody wants to talk about how bad it is because, you know, it’s China. It’s a shame because the greatest crash in the history of property is underway and has another five years to run yet. Property keeps getting cheaper in real terms with mortgages included. Yet nobody wants to buy it. In fact, everybody

The post The unstoppable Chinese property trainwreck appeared first on MacroBusiness.

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MacroBusiness Thursday, July 17, 2025 - 10:30 Source

The latest batch of housing construction data from the Australian Bureau of Statistics (ABS) shows that the Albanese government’s target of building 1.2 million homes over five years is nowhere close to being met. First, in the year to May 2025, only 182,900 dwellings were approved for construction, 57,100 (24%) below the 240,000 required to

The post Australia’s intractable housing shortage appeared first on MacroBusiness.

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Renew Economy Thursday, July 17, 2025 - 10:14 Source
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MacroBusiness Thursday, July 17, 2025 - 10:00 Source

Earlier this year, Matt Bell from The Australian posted an article based on the Hays 2025 Skills Report claiming that Australia was facing a skills crisis, with businesses unable to find workers with the right skills. The latest recruitment data from Jobs & Skills Australia shows that employers are now finding it considerably easier to

The post Australia stuffed full with low-skilled workers appeared first on MacroBusiness.

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Cheeseburger Gothic Thursday, July 17, 2025 - 09:34 Source

This has been a big week for finding out about stuff I didn’t know. First it was the story of how Blade Runner the movie got the name and now this from Michael Ian Black’s Substack.

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MacroBusiness Thursday, July 17, 2025 - 09:30 Source

DXYT softened last night as the great narcissist⁣ resumed attacking the Fed. AUD firmed. Lead boots are rolling over. Oil liked the chaos, oill did not. Metlas no bueno. Big mining bear fully intact. EM tried. Junk too. As yields cooled on a softish PPI. Stocks meh. The PPI helped offset yesterday’s bad CPI (in

The post Australian dollar chaos as loon Fed attacks Fed appeared first on MacroBusiness.

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Your Democracy Thursday, July 17, 2025 - 09:21 Source

IN SIXTY SO SOON, PUBLISHED SOME YEARS AGO (2006), BILL FIRMAN MAKES THE ARGUMENTS FOR GOD… SCIENTISTS WHO BAT FOR TEAM-GOD ARE OFTEN USED AS A PROOF OF HIS (GOD) EXISTENCE… SAYS BILL: 

Scientist Henry Schaefer restates the five traditional arguments for the existence of God which are often referred to in astrophysical literature:

 

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MacroBusiness Thursday, July 17, 2025 - 09:00 Source

A busy night of data, geopolitics, plus absurd politics as the Trump regime looks to fire Fed Chair Powell because he won’t lower rates (even though he only has one vote and there’s clear evidence of an inflationary push from the tariffs). This kept Wall Street on its toes but eventually Trump TACO’d out again

The post Macro Morning appeared first on MacroBusiness.

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MacroBusiness Thursday, July 17, 2025 - 08:00 Source

Tuesday’s net permanent and long-term arrivals data from the Australian Bureau of Statistics (ABS) suggested that immigration is surging, with a record 245,890 net arrivals recorded over the first five months of 2025. It appears that the surge in arrivals has been driven, at least in part, by international students, with the ABS reporting 39,210

The post So much for the ‘crackdown’ on international students appeared first on MacroBusiness.

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Your Democracy Thursday, July 17, 2025 - 07:30 Source

The activist group Palestine Action was designated a terrorist organization by by Parliament on July 2 after it splashed red paint on a British war plane in protest of it assisting Israel’s genocide in Gaza. The non-violent group is in court challenging its designation by a violent government. The author, a former British diplomat, was in the courthouse and filed this report. This is the second and last installment of his two-part article.

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