by Jim Ball | Feb 3, 2018 | Blog, Cory Bernardi, Debt |
“…Today marks the 10th anniversary of Kevin Rudd’s infamous $42 billion stimulus package. It was a dark day in Australia’s history when the economic surplus that the Howard government had prudently built up over 11 years was scandalously frittered away. And the...
by Jim Ball | Dec 6, 2016 | Blog, Debt, Economy, Random Notes
Thinking about the “when” rather than “if” prospect of the international credit agencies like S&P, Moody’s and Fitch et al turning down the wick on Australia’s triple A credit rating, it occurs to me that these agencies are the same credit agencies that rated...
by Jim Ball | Sep 23, 2016 | Blog, Debt, Economy |
Is the music about to stop? “..The third leg of the world’s intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history. It may also prove to be the...
by Jim Ball | Sep 3, 2016 | Blog, Debt, Economy, US Election |
The establishment parties in the US and in fact right throughout the West would have you believe they know what they’re doing unless of course the object of their exercise and plan is to bankrupt their respective economies, in which case everything is going...
by Jim Ball | Aug 20, 2016 | Blog, Debt, Economy |
The words and the picture for those that just want scroll on by. “…Give us a child at 10 and we will show you the debt A child born in Australia 10 years ago began life in a country whose national government had zero net debt. These children had the great...
by Jim Ball | Aug 19, 2016 | Blog, Debt, Economy
This is depressing on three fronts….. 1. The sheer enormity of the problem, 2. The seemingly “she’ll be right attitude” and the playing with politics coming from Labor who caused the problem. 3. Although it’s on the front page, the...
