Barnaby Joyce is confused about foreign debt, but not quite enough to avoid launching a missile at his own side of politics, write Glenn Dyer and Bernard Keane.
Foreign debt
China’s deadliest weapon: the debt bomb
China’s most powerful weapon isn’t its three-million-strong army or its nuclear bomb: it’s the $789 billion stranglehold it has over the US economy, putting America and the West at its mercy.
Barnaby’s yellow peril obsession
If you’re listening to new shadow minister for finance, Barnaby Joyce, then you’ll assume that Australia is in great foreign debt to China. Except, only 3% of Australia’s foreign debt is held by the Chinese, compared to 24% to Britain. Why the China fear?
Buffett edgy on over-stimulated debt
The Berkshire Hathaway CEO, legendary investor Warren Buffet, has warned of the dangers of excessive fiscal stimulus and the dire effects of an ever-increasing public debt.
The Spice Girls approach to economics
The Spice Girls line pretty much sums up what economics is all about: “Tell me what you want what you really, really want”. In the early period of the previous ALP government, Accord partners decided the one or two things the economy really really needed at any one time and built everything around that. It’s a great, pragmatic tradition we’ve lost sight of, writes Nicholas Gruen.
Historically Hung Over: The Crikey Guide To The 2010 Federal Election
