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Your Democracy Monday, March 17, 2025 - 16:34 Source

European militarism on steroids is not good, eitherLacking in any strategic thinking, a new bellicism has swept up the elites and gone into cataclysmic overdrive in recent weeks

U.S. security experts and leaders have been telling European NATO allies to increase their defense spending for at least a quarter century, initially as a gentle nudging, later more insistently, rising to a deafening din after Trump’s election.

 

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Renew Economy Monday, March 17, 2025 - 15:32 Source
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Renew Economy Monday, March 17, 2025 - 15:28 Source
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Renew Economy Monday, March 17, 2025 - 15:23 Source
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Your Democracy Monday, March 17, 2025 - 15:15 Source

French Member of the European Parliament Raphael Glucksmann has urged the United States to return the Statue of Liberty, claiming that recent policy shifts under President Donald Trump contradict the fundamental values the monument represents.

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Renew Economy Monday, March 17, 2025 - 14:25 Source
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Renew Economy Monday, March 17, 2025 - 14:11 Source
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MacroBusiness Monday, March 17, 2025 - 14:00 Source

The Australian economy narrowly exited a per capita recession in Q4 2024 after recording 0.1% growth. This followed 21 months of consecutive declines in per capita GDP. In a speech to be delivered in Queensland on Tuesday, Treasurer Jim Chalmers will reportedly reveal that Cyclone Alfred’s immediate impact on GDP is estimated to be $1.2

The post Cyclone drives Australia back into recession appeared first on MacroBusiness.

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MacroBusiness Monday, March 17, 2025 - 13:30 Source

Australian universities long since stopped serving the public interest. They are now little more than visa factories for the disastrous immigration-led economic model and funnels of Chinese and other autocratic influence. Governments have been captured by the universities by becoming retirement homes with large sinecures for failed politicians. If we can’t cleanse the system ourselves

The post Let universities answer to Trump appeared first on MacroBusiness.

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Renew Economy Monday, March 17, 2025 - 13:27 Source
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Renew Economy Monday, March 17, 2025 - 12:32 Source
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MacroBusiness Monday, March 17, 2025 - 12:00 Source

Sense never lasts long in the iron ore market. The market is still trading the long gone Pilbara cyclones. With China stocks down. Even though production is well and truly recovered. Apparent demand is a little better that 2024 for flat. And a little worse for long. Ahead are cuts, cuts, cuts! But the market

The post Major bank: Iron ore to crash appeared first on MacroBusiness.

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THE BLOT REPORT Monday, March 17, 2025 - 11:55 Source

According to Yuri Shvets, who was posted to Washington by the USSR in the 1980s, Donald Trump was cultivated as a Russian asset over 40 years and proved so willing to parrot anti-western propaganda that there were celebrations in Moscow. Shvets was a key source for American Kompromat, a book by journalist Craig Unger. Shvets, a KGB major at the time, had a cover job as a correspondent in Washington for the Russian news agency Tass. He moved to the US permanently in 1993 and gained American citizenship. He worked as a corporate security investigator and was a partner of Alexander Litvinenko, who was assassinated in London in 2006.

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MacroBusiness Monday, March 17, 2025 - 11:30 Source

Deloitte Access Economics released its Budget Monitor, which estimates an underlying cash deficit of $26.1 billion in 2024-25, $0.8 billion above the expected outcome in the 2024-25 Mid-Year Economic and Fiscal Outlook (MYEFO). Larger underlying cash deficits are also forecast over the following three years. Net debt is also expected to increase to 19.6% of

The post Australia confronts a decade of budget deficits appeared first on MacroBusiness.

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xkcd.com Monday, March 17, 2025 - 11:00 Source

I know having so many base pairs makes rebasing complicated, but you're in Bilateria, so shouldn't you at LEAST be better at using git head?

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MacroBusiness Monday, March 17, 2025 - 10:30 Source

Cheap energy is the life blood of any modern economy. Take it away and everything suffers. The Australian. Australian businesses have suffered the sharpest annual fall in gross operating margins in a ­quarter of a century due to ­inflation-driven costs, including a “staggering” 51 per cent spike in gas prices, putting at risk Jim Chalmers’

The post Twiggy embolism as LNG imports rejected appeared first on MacroBusiness.

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Cheeseburger Gothic Monday, March 17, 2025 - 10:14 Source

Starts off looking like a southern gothic crime thriller starring a beat down Kevin Bacon as a gnarled bounty hunter…

Ok, you have my attention.

Goes sideways. Hard.

It looks kind of terrible, and yet… terribly good fun.

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MacroBusiness Monday, March 17, 2025 - 10:00 Source

The pet shop has gone mad this weekend with all and sundry declaring ANZUS dead and Australia alone in the world. America may abandon NATO though I doubt that as well. It looks more to me like America wants Europe to pay its own way in its defence. There is no danger to America from

The post America will not abandon Australia appeared first on MacroBusiness.

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MacroBusiness Monday, March 17, 2025 - 09:30 Source

Goldman with the note. Our US economists recently revised their growth forecasts and are now below consensus for the first time in almost three years. At the same time, our European economists responded to the unprecedentedGerman spending plans by upgrading their Euro area growth forecasts despitethe looming tariff threats. As a result, we are also

The post Australian dollar has not bottomed appeared first on MacroBusiness.

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MacroBusiness Monday, March 17, 2025 - 09:00 Source

While Wall Street rebounded on Friday night it was basically just a short covering exercise after falling for four weeks straight with expectations of higher volatility continuing this trading week amid the ongoing trade war and a very busy economic calendar, including the latest Fed meeting. European stocks got a breather as well but are

The post Macro Morning appeared first on MacroBusiness.

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John Quiggin Monday, March 17, 2025 - 08:09 Source

It’s been evident since Trump’s inauguration that the US, as we knew it, is over. I’ve been looking at some of the US-centred organisations and economic dependencies that will need to be rebuilt. But I hadn’t given much thought to the university sector, where I work, until I got an urgent email asking everyone at the University of Queensland to advise the uni admin if we had any projects involving US funding.

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John Quiggin Monday, March 17, 2025 - 08:07 Source

Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.

I’m now using Substack as a blogging platform, and for my monthly email newsletter. For the moment, I’ll post both at this blog and on Substack. You can also follow me on Mastodon here.

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MacroBusiness Monday, March 17, 2025 - 08:00 Source

I reported last week how Australian households have endured the largest decline in real per capita disposable incomes on record after falling by around 8% from their mid-2022 peak. Australia’s decline in real per capita household disposable incomes has also been the largest in the OECD since the beginning of the pandemic. Analysis of the

The post Living standards collapsed under Labor and Coalition appeared first on MacroBusiness.

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MacroBusiness Monday, March 17, 2025 - 07:00 Source

Last year, former federal Treasury official Stephen Anthony warned that Victoria could require a federal “bailout” amid soaring state debt, which hit $27,729 per person in 2023-24. “Victoria is on a suicide mission to record borrowing, just as global interest rates are about to hit 5%”, Anthony warned. “Potholes can’t get filled, emergency departments can’t

The post Victoria turns welfare state appeared first on MacroBusiness.

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Your Democracy Sunday, March 16, 2025 - 19:15 Source

US bombs Yemen: As it happenedThe US president has ordered a “powerful military action” against the Yemeni-based Houthi militants

Dozens of people were killed or injured after the US launched a major airstrike campaign against Yemeni-based Houthi militants, with President Donald Trump personally observing the operation as it unfolded.

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Your Democracy Sunday, March 16, 2025 - 15:47 Source

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Your Democracy Sunday, March 16, 2025 - 07:37 Source

In trying to understand US President Donald Trump, the proposition has been put that he is sultanistic. In many respects, Trump’s second presidency does appear to be “sultanistic”.

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Your Democracy Sunday, March 16, 2025 - 06:53 Source

Ukraine’s Vladimir Zelensky has claimed that Kiev has received widespread applause from its Western backers over its handling of the recent talks with the US in Saudi Arabia. The diplomatic success, he stated, puts Russia in a difficult situation that could be hard to “wiggle out of.”

During a meeting in Jeddah on Tuesday, the Ukrainian delegation agreed to a US-proposed 30-day ceasefire.

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Your Democracy Saturday, March 15, 2025 - 21:02 Source

https://www.youtube.com/watch?v=WoqmVXkywCo

Aaron Mate' HUMILIATES Rabbi Shmuley

 

WHO IS RABBI SHMULEY?

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The Tally Room Saturday, March 15, 2025 - 18:00 Source

6:00 – Polls have just closed for the by-election for the New South Wales state seat of Port Macquarie, covering one of the larger regional cities on the mid north coast.

I’m out tonight so probably won’t be live-blogging much, but you can discuss the results here and I might drop in a little bit.

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