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notices and features - Date published:
5:30 pm, July 5th, 2019 - 8 comments
Categories: Daily review -
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The current rise of populism challenges the way we think about people’s relationship to the economy.We seem to be entering an era of populism, in which leadership in a democracy is based on preferences of the population which do not seem entirely rational nor serving their longer interests. ...
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There will be a plaque like that in a rural nz town one day if Shane Jones the ets and the people who make the rules at the oio aren’t stopped
There aren't already? I kinda assumed they woulda been ordered and put up asap after Winnie announced he was going with Labour.
Presume that this plaque is located in or near Waipu.
Most reliable indicator for fifty years.
If you believe the signals coming out of the bond market, it might be time to start counting down until our next recession.
As of this week, the U.S. Treasury yield curve has now been inverted for a full quarter—an incredibly dull-sounding turn of events that happens to be an unusually reliable warning sign that an economic downturn is on the way. The yield curve has flipped prior to each of the last seven official recessions over the past 50 years, without a single false-alarm during that stretch. If securities could talk, in other words, they’d be screaming bloody murder about trouble ahead.
When finance types say that the yield curve is “inverted,” what they really mean is that the typical order of the debt markets that prevails when the economy is healthy has been turned on its head. Usually, long-term U.S. government bonds offer higher yields than short-term ones, because buyers demand higher interest rates in return for locking up their money for greater periods of time. There are a few reasons why this is the case, but a big one is that the longer it takes to get repaid, the more risk there is that inflation will eat up your investment.
When the yield curve is inverted, however, the opposite becomes true: The returns on long-term bonds dip below returns on short-term ones. Again, there are many reasons that this could happen, but it’s generally interpreted as a sign that the market expects weak or nonexistent growth in the coming years, and very little inflation.
https://slate.com/business/2019/07/yield-curve-bond-market-recession.html
Hopefully some council with a bit of gumption will put a plaque up like that to suitably honour our homicidal horsemen of 1918….
https://morrisseybreen.blogspot.com/2018/11/never-mind-guns-of-november-what-about.html
https://morrisseybreen.blogspot.com/2019/01/my-letter-to-bryan-doormat-crump-after.html
https://morrisseybreen.blogspot.com/2018/01/my-letter-to-bryan-crump-after-his.html
Independence Day
Rammstein – Amerika
The lyrics and music video are a satirical commentary on Americanization.
Memorial for Justin Raimondo
No mention of Justin ever on "The Standard" ?
https://thestandard.org.nz/search/raimondo/?search_comments=true&search_posts=true&search_sortby=date
Should be plenty – !
https://www.counterpunch.org/2019/07/01/godspeed-justin-raimondo-you-brilliant-son-of-a-bitch/
http://www.antiwar.com
As always, Brian Gaynor, writes a perceptive and revealing occasional article in the Herald. His contribution today is no exception. And to think that two knights of the realm enabled this outrage concerning a recently collapsed Insurance Company. And guess who the only winners were. Not your Mum and Dad investors.
https://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=12246944&fbclid=IwAR0Nv4x6AQMse2SvZ9IM42xuUZV1OG84iEAqFMDfewocbNZCjIPHh3BGR3Q
No doubt the Tories will attempt to shoot down the messenger – just as they did when Gaynor exposed the disaster that is Muldoon's National Superannuation scheme.