In recent years, commencing in the pre-COVID period, Australia’s balance of payments has consistently recorded a surplus on the current account. This has confounded some commentators, especially those who followed the compelling ‘debt and deficit’ (and especially the ‘twin deficits’) narrative that emerged in the mid-1980s. Does it mean that that narrative should no longer Continue reading »
politics
Having spent decades inculcating their base in poisonous nonsense, there is now no external authority to which right wing media can send their audience when the lies become troublesome. Australia’s Liberal politicians – and their media friends – need to be very careful. Rupert Murdoch’s Fox News has helped created such a crisis of trust Continue reading »
The Financial Review’s political editor, Phillip Coorey, wrote last week that when it comes to superannuation policy, the Grattan Institute “increasingly resembles the financial policy arm of the Greens”. I am not exactly sure what that means – and I am Grattan’s lead on super policy – but I’m pretty sure he didn’t mean it as Continue reading »
This is a historic watershed that the world is living through right now. What China is after is true multilateralism. What’s very important to understand is that most of the world also does not want the U.S. as the global preeminent power. Most of the world wants a truly multipolar world, and is, therefore, not Continue reading »
Australian Opposition leader, the Dark Lord Peter Dutton, has called on Australia to go nuclear in order to boost the tourism industry, after hearing the news that the Chernobyl nuclear site was seeing a boom in tourism. ”Anthony Albanese needs... Read More ›
Leaked documents reveal the GOP megadonor held dual citizenship in St. Kitts and Nevis as he lavished the Supreme Court justice with gifts.
The post Clarence Thomas Billionaire Benefactor Harlan Crow Bought Citizenship in Island Tax Haven appeared first on The Intercept.