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 …

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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 …

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“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 …

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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 …

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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 …

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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 …

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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 …

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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, …

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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 …

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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 …

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TIME TO BUST? – Two interesting (and long) pieces about the Four Horsemen (sorry, Horsepeople (Centaurs?)) of App-ocalypse. Scott Galloway at “Esquire”: And “Eve Smith” at “Economist”: Both worth your …

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