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Archive for September, 2016


Cheap Debt Is Only Fuelling Australian Inequality

Cheap Debt Is Only Fuelling Australian Inequality According to the study The Wealth of a Nation by the Evatt Foundation, inequality in Australia has continued to increase since 2012. It is now at the highest since 1970. The richest 20% of Australians now own 62% of Australia’s total household wealth. The post Cheap Debt Is […]

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Do You Want to Supersize your Debt?

Do You Want to Supersize your Debt? Being a banker nowadays is more like being a used car salesman. Tellers make incentives by recommending debt products, and the incentives complement their pay. The post Do You Want to Supersize your Debt? appeared first on The Daily Reckoning Australia. See Original Article Central Banks Vulnerable to […]

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A Look Under the Australian Economy’s Bonnet

A Look Under the Australian Economy’s Bonnet The Australian economy has grown 3.3%. The housing market prices keep on rising. Job data is strong, and unemployment is at a low 5.6%. So everything is going great, right? The post A Look Under the Australian Economy’s Bonnet appeared first on The Daily Reckoning Australia. See Original […]

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The Debt Riddle That Elites Are Trying to Solve

The Debt Riddle That Elites Are Trying to Solve There are three ways to repay sovereign debt: default, growth and inflation. Obviously, growth is the best way, but it’s not happening. The post The Debt Riddle That Elites Are Trying to Solve appeared first on The Daily Reckoning Australia. See Original Article Stocks Rising as […]

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Janet Yellen’s Shame

Janet Yellen’s Shame On Monday, Republican presidential nominee Donald Trump said Fed chief Janet Yellen should be ashamed of herself for what she was doing to Americans and for creating a ‘false stock market.’ The post Janet Yellen’s Shame appeared first on The Daily Reckoning Australia. See Original Article More Aussie Real Estate Sharks Enter […]

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