The Gruen Transfer Pitches the Housing Bubble

The housing bubble experienced across developed economies is arguable between many. This is particularly the case here in Australia where the disagreement is often between generations (boomers vs. X, Y gen.) or dependent on owning your own home renting from the bank and renting. The topic is now being discussed in the mainstream media with limited effect and identification of the reasons behind it e.g:

Bear Porn

'Bear Porn' is often bandied around by those with a panglossian view of the economy and are perhaps beholden to groupthink. The term is used to more as a non sequitur than anything, conversely it is used to describe the opinions of those less bullish than their beliefs. Those of you who have read my previous posts will know that I am less than sanguine when it comes to Australia’s economic outlook in the short to medium term. Despite the few resources outside the mainstream media, which have been discussing this matter for longer than I care to note. I feel there is a need for a terse delivery of this topic.

The Resource Industry Jobs Grinder

By now it should be no big secret to anyone that the Australian resources led economy is experiencing a significant downturn which has an effect on the collection of royalties for government, a reduction in our terms of trade, and downward pressure on the AUD (that last one is a good thing). It does also put at risk the levels of employment for those among the resource industry, although we should not forget that manufacturing is very nearly non existent in this country as it is uncompetitive due to the embrace of a high AUD throughout the commodities super cycle.

Kelvin Thomson MP swings and clips a significant electoral issue

Federal MP for Labor Kelvin Thomson penned an interesting piece on the recent volatility of state and federal government while expressing some consternation on the effects of population growth in Australia. While it is heartening to see this being acknowledged by any politician who holds office, Kevin still fails to recognise how rabid population growth can adversely affect pre-existing occupants. This narrative is absent from the Laberal parties and the Greens for all their hand wringing on sustainability are also complicit to the omission of this topic, particularly when reviewing their policy platform.

Why you will never see Judith Sloan and Miss Piggy in the same room

Judith Sloan is an economics major and a contributor over at the Cat and writes for Uncle Rupert’s loss making periodical The Australian. Most of her opinion strongly supports the born to rule club LNP and their interests while targeting union corruption and the Coke Labor Party. Don’t get me wrong I’m not taking sides here with either party in the system; to me they are both equally worthless and corrupt.

Coke vs Pepsi (The Laberals)

Following last weeks effort by the Australian Greens slapping their brand on a departed former Labor Coke prime minister it seemed sensible to slap the logos of the two party system or as I like to couch it Coke versus Pepsi or the Laberals.

Combat System Game Park Theory and Recycling the Weak (Poor)

The present economic and political discourse Australia finds itself in is recognised by this blogger as ironic and if it wasn’t so foolhardy would be a source of amusement. The irony is in some of my recollections and experiences in a previous life. Game theory or decision theory uses mathematical models to understand and determine conflict and cooperation between intelligent and rational decision makers.