In the past one to two years, women aged 55-plus have suddenly gone online, en masse … and they control the nation’s purse strings.
Global Financial Crisis
Crikey Says: Budget marks a return to pre GFC orthodoxy
For a Labor federal budget this looks awfully like a set of Liberal numbers.
Essential: Coalition needed for another global downturn
Australians acknowledge our relative economic health compared to the rest of the world, but wouldn’t trust Labor to lead us out of another economic downturn.
The luck of the Irish meets the lucky country
Ireland is broke and depressed. Two percent of the population has left since 2008, with Australia the number one destination for those emigrating. Eric Ellis interviews those about to flee.
Nostalgianomics and the ongoing rewriting of economic history
The Coalition’s rewriting of economic history continues apace as part of its obsession with the Howard years.
Our banks are too big to fail, too few to be competitive
Mark Bouris and Christopher Joye of Property Observer say policymaking around Australia’s banking system has been predicated on a flawed and risky paradigm.
IMF offers grim growth
predictions
Crikey media wrap: Christine Lagarde, chief of the International Monetary Fund, likened current economic conditions to the Great Depression overnight, with new IMF figures predicting a downturn in global growth.
Kohler: an economic Test stumped for global growth
The Big Bash of the debt crisis looks to be over and we are now in the long grind of debt reduction and low growth. But the financial world hasn’t the patience for a five-day Test match.
healthcare 
The GFC and global health: why Australia needs to step up to the plate
The global financial crisis has hit promising work tackling the neglected diseases that affect the world’s poor, according to a new report, and Australia could be doing a lot more to assist, writes Mary Moran.
Rundle in Rome: peoples of Europe rise up, and demand la dolce vita
Southern Europe has held to an entirely different conception of life, one in which full human beings still have room to breathe. As the Eurozone collapses, the people of Europe should look to them now for how to live.
The Nouriel Roubini CHOGM show
Nouriel Roubini, one of the handful of leading voices who “called” the GFC, flew into Perth this week for CHOGM and literally stole the show, writes James Kirby, of Business Spectator.
Bartholomeusz: banks battening down for funding freeze
According to Australian Prudential Regulation Authority chairman John Laker, bank funding markets are already demonstrating some crisis-like features.
Video of the Day: The men who crashed the world
As the global markets continue to look shaky, it seems an appropriate time to check out this Al Jazeera documentary series Meltdown. Pull up a chair — it’s 40 minutes — and examine the world of greed and recklessness on Wall Street that brought us the Global Financial Crisis of 2007-08.
World markets in freefall
Crikey media wrap: Investors are panicking, with world markets in freefall after a gloomy Federal Reserve outlook yesterday renewed fears of a global recession.
Guy Rundle: Rundle: recovery of 2008? What bloody recovery?
The recovery from 2008 may not have in fact occurred, there is no real growth to speak of in the global economy.
Guy Rundle: Rundle: capitalism … finally the pundits are taking notice
By now, the failure of the global economic recovery following the 2008 crash has become so obvious that even economists have started to notice it.
From Fast Food Nation to Food Stamp Nation
A whopping 46 million Americans receive food stamps, an increase of 74% since 2007. But it’s not just the unemployed, many who are employed don’t earn enough from their basic jobs to afford food.
Keane: the lessons of 2008, anyone?
While overseas events take on the terrible look of 2008, Australian politicians are locked in a debate about fiscal symbols rather than economic reality.
graph pr0n 
A market drop doesn’t mean a recession
Time for a bit of perspective on the US stock market, which recently saw ten days of a plunging Dow. The Economist offers a historical graph, showing that a significant market drop doesn’t necessarily equal a recession.
Kohler: surplus stupidity and the case for delaying carbon tax …
We are about to get a lesson in the absurdity of political discourse: the government is going to be accused of “breaking a promise” if a global downturn prevents the budget from returning to surplus by 2013. Or if it delays the carbon tax.
podcast Canberra Calling: The I can’t believe Blackberrys are cool podcast
Crikey’s Canberra correspondent Bernard Keane and Crikey editor Sophie Black talk about the UK riots, the role of social media and the global economy.
Cool heads needed to navigate crisis
The stockmarket isn’t the economy — but it can infect the real economy with panic if we allow it to, write Bernard Keane and Glenn Dyer.
Media briefs: The Age black hole … Fairfax wants bloggers …
A black hole to trouble with an odd Age picture. Fairfax wants bloggers in Brisbane, the financial crisis makes concerned traders international stars and other media news.
