THE GREAT RETIREMENT ROBBERY – The golden years will be nicer for some than for the majority: For two decades the superannuation industry has extracted more than $700 billion in …
FROM CHINA WITH LOVE – This is very disturbing: A NSW Labor MP has come under fire over an extraordinary speech promoting China which an academic claims is “propaganda from …
DON’T PILLAGE US WITH TAXES, WE’RE VIKINGS – God preserve us from the fury of the Northmen: With elections due on Sept. 9, polls show a slump in support for …
THE COMING ECONOMIC ARMAGEDDON – I’m not an economist, so I don’t know if it is or is not coming, but a friend of The Daily Chrenk, John Adams, thinks …
WHY THINGS ARE EXPENSIVE – Well, some of them, at least. Education and health care in particular. Two graphs, the first one from “The Atlantic”, the second one from the …
LIGHTS DON’T LIE – Lies, damned lies, statistics, and authoritarian statistics: China, Russia and other authoritarian countries inflate their official GDP figures by anywhere from 15 to 30 percent in …
ONE PERCENT – A telling graph, thanks to the Institute of Public Affairs: Just one per cent and we can be over the hill instead of building it up even …
UP TO OUR EYEBALLS – The best Treasurer Australia has ever had is depressed: Former treasurer Peter Costello thinks he’ll be dead and buried by the time the federal government …
“THE WORLD IS FINALLY READY FOR MARXISM” – On Karl Marx’s 200th birthday, “The Independent” discovers why Marxism has not worked before – it was too early. Here is one …
HILLARY VERSUS SOCIALISTS – What would Karl Marx (unhappy 200th birthday for Saturday, Karl) think of a political party that represents both the plutocracy and the workers? Hillary Clinton claimed …
WHAT’S A TRILLION BETWEEN FRIENDS? – I’m old enough to remember when the United States government debt was “just” one trillion dollars. Now we are entering an era of one …
ASSEMBLED IN CHINA – Your interesting longish read of the day is an extract from a new book, “China’s Great Wall of Debt” by Dinny McMahon: While hundreds of thousands of people …
GO CIOBO GO – It’s good to know that in the world of increasingly tempted by protectionism, free trade still has its fans: Australia should start negotiating a free-trade agreement with …
MAJORITY. WHAT IS IT GOOD FOR? – Nothing. Say it again. In the House. In the Senate. And then there is the White House. President Donald Trump grudgingly signed a …
BECAUSE SOMEONE HAS TO CARE, THE AMERICAN EDITION – Another grim milestone, this time from across the Pacific: The national debt exceeded $21 trillion for the first time on Thursday, …
BECAUSE SOMEONE HAS TO CARE – It’s official – the “conservative” Coalition government has now accumulated more government debt in five years in office than its predecessor, Labor, had in …
PLEASE AUSTRALIA, BE MORE LIKE HOUSTON – Some staggering figures that go towards explaining housing unaffordability in Australia: Everybody complains about high housing prices these days. But would you live …
OF SHARKS AND STEEL – It looks like the Australian metal exporters might be spared the wrath of The Don thanks to an unusual intervention from a friend: Greg Norman, …
