It’s Wednesday, and as usual I scout around various issues that I have been thinking about rather than write a consolidated analysis on one topic. Today, I consider the question of why the EU elites are spending billions supporting the Ukraine government against Russia. They claim that Russia poses a major threat to European freedom…
Music
It’s Wednesday and we have discussion on a few topics today. The first relates to the new agreement between the European Parliament and the European Council that was announced on February 10, 2024, which purports to reform the fiscal rules structure that has crippled the Member States of the EMU since inception. The reality is…
It’s Wednesday and I discuss a number of topics today. First, the ‘million simulations’ that Bloomberg apparently think show that there is an impending US bond market rout. Second, the way in which neoliberal-inspired legislation ensures the private energy providers can gouge prices and make huge profits in the face of a state-owned alternative. Third,…
Today (March 27, 2024), the Australian Bureau of Statistics (ABS) released the latest – Monthly Consumer Price Index Indicator – for February 2024, which showed that the annual inflation rate steadied at 3.4 per cent. Today’s figures are the closest we have to what is actually going on at the moment and show many of…
Yesterday, the Bank of Japan increased its policy target rate for the first time in 17 odd years and it set the noise level among the commentariat off the charts – ‘finally, they have bowed to the pressure from the financial markets’, ‘major tightening’, ‘scraps radical policy’, etc – all the hysteria. The reality is…
It’s Wednesday and I have looked at the US CPI release overnight that has set alarm bells off in the ‘financial markets’ and among mainstream economists. My assessment is that there is nothing much to see – annual inflation less volatile items is still falling and the lagged impact of shelter (housing) is still evident…
Its that time of the year … I have a long flight today with a long drive from where I have been working this week to get to the airport and at the end of the various journeys will be a birthday cake (cue LC). The travel is to get me to where the cake…
Happy heavenly birthday to my dear, deceased, devil brother Pete Zeldman. Today, 5 March 2024, to celebrate Pete’s life… Lost in Sound Records is releasing an album of solo drums, Enigma, which will keep rhythmic enthusiasts and scholars busy for…well, forever. And ALSO 2.5D, his crazy interesting NYC rock band… [has released] its first single. —Cindy […]
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It’s Wednesday and I have comments on a few items today. I haven’t been able to write much today because the power has been down after the dramatic storms yesterday in Victoria damaged the network and caused absolute chaos (see below). Power is mostly back on now (which is why this post is later than…
As many of you know, I spent a good portion of my career covering entertainment, and during that time I was fortunate enough to interview many talented performers, including three Beatles (George, Paul and Ringo), a bunch of movie and … Continue reading