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Olduvai III: Catacylsm
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Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong

Australia Shocks With Bigger Than Expected Rate Hike, As Lowe Admits Embarrassment At Being So Wrong In our preview of what was expected to be Australia’s first rate hike since 2010, we said that consensus expects a 15bps rate hike to 0.25%, with a handful of bank still expecting a hold (including CBA, Goldman and […]

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How Twisted Minds Function

How Twisted Minds Function The economic theories arising out of Australia are both amusing and frightening. In the latest bit of madness, an economist pleads for more inflation, blaming cheap overseas retailers for Australia’s housing bubble. For mocking purposes only, please consider How Cheap Overseas Retailers are Pushing Up House Prices in Australia. “DOWN Down! Prices […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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