Another interest rate movement leaves no room for doubt on what China sees as the prospects for its own economy, writes Glenn Dyer.
Credit crisis
Keen: From managed fund to bank? Financial hocus pocus?
Hindsight may show the government’s bank guarantee was a prudent policy. But as Steve Keen argues, turning mortgage funds into banks might not be remembered so favourably.
RBA: Economic gloom is coming, but not too much. Hopefully
RBA Deputy Govenor Rick Battelino chose a strange venue to share his views on the coming economic slowdown, reports Glenn Dyer.
Why turning mortgage funds into banks is bunkum
Only a government cuold devise an idea like turning mortgage funds into banks, writes Glenn Dyer.
A pain-free way of guaranteeing mortgage funds
Glenn Dyer proposes a mehtod for guaranteeing mortgage funds that restores some faith in the funds themselves. And it doesn’t involve any taxpayers’ money.
US house sales up, but it ain’t a turnaround
September showed a small rise in new home sales in the US, but before you get excited there are some more numbers you should consider. By Glenn Dyer.
As polling day looms, US to get more economic bad news
With US voters poised to decide who will govern the economy for the next four years, a deluge of bad economic news this week will help focus their minds. By Glenn Dyer.
Global car-makers routed. Will Australia follow them into the ditch?
The credit crisis has remade the world financial system. Now it’s remaking global car manufacturing, which will cause plenty of problems for Australia. By Glenn Dyer.
Packer, Alexander quit ConsMedia, Sam Newman rewarded
James Packer and JOhn Alexander have quite Consmedia, raising concerns about the media group’s viability, reports Glenn Dyer.
What’s next? Guarantees for car finance?
With GE and GMAC leaving the country, questions about how the car industry will be financed lead to some uncomfortable answers, writes Glenn Dyer.
US car industry woes now spreading to Europe
US consumers have stopped buying cars and office staff are being cut from the GM payroll. Now signs of a slump are emerging in Europe, reports Glenn Dyer.
No reason for Rudd to guarantee mortgage funds
We’ve seen it all before and investors knew the risks, says Glenn Dyer. There’s no reason for Rudd to guarantee the mortgage funds.
Goldman Sachs: “Australian media companies to suffer into 2010″
Australian media companies are going to struggle in 2009, says Goldman Sachs JBWere. By Glenn Dyer.
NZ bank guarantee shows Turnbull how it’s done
Malcolm Turnbull hasn’t been in full command of the facts when making comments on the issue of bank guarantees, argues Glenn Dyer.
Economists lining up to disagree with Steve Keen
After economist Steve Keen’s recent bold predictions, the economics establishment is lining up to let him know they think he’s wrong, writes Michael Pascoe.
Foreign banks don’t deserve local bank guarantees
Attempts by foreign banks to access Australia’s deposit guarantee should be rejected, writes Glenn Dyer.
Investor bails on Ford as US car industry gets re-made
In 2009, the US car market will look completely different to what it has looked like until now, writes Glenn Dyer.
England, Ireland set to suffer a worse recession than the US
With a new round of numbers out overnight, England and ireland may suffer the worlst recession of anywhere on the globe, writes Glenn Dyer.
RBA cut to save us from credit turmoil
In cutting rates by 1%, the Reserve Bank was moving to head off risks for Australia related to the worsening global credit crisis, writes Glenn Dyer.
Stocks climb, Wall Street sunnier, so happy days? Perhaps
Suggestions that a US recession might not be as bad as first thought may be justified, writes Glenn Dyer.
Amex shows US investors, analysts are still blind to reality
Sure, there were big losses, but that didn’t stop US investors seeing the good news in American Express’s profit results, writes Glenn Dyer.
The wonderful world of bank bailouts: the list keeps growing
The bailouts keep coming, this time in Latvia, Turkey, Hungry and Pakistan, writes Glenn Dyer.
French banking giant stung in costly trading blunder
Many of the world’s banks recently got a glimpse of their mortality, but as Glenn Dyer reports, that hasn’t stopped the recklessness, at least not in France.
Chinese growth to slow, but don’t expect global ruination
Chinese growth is being revised to under 10% next year, but it won’t spark a global or even an Australian recession, writes Glenn Dyer.
How Rudd created a global economic “crisis” in seven days
The Rudd Government was slow to acknowledge a financial crisis, but when it did, it quickly framed it as a global crisis, but has the media caught on to this theme? by Dr Stuart Middleton.
