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Russia, China and Iran: Circumventing Sanctions, Trade Wars, US Dollar and Blockchain

April 12, 2018

With the world seemingly on the path to another ‘cold war’ it is important to highlight some actions that are not receiving any real level of media coverage. These steps will in the long term impact on the US dollar and possibly hasten the adoption of Blockchain technology.

What's going on in Washington DC?

March 05, 2018

After a 3 week trip to the US including some time in DC, I thought I would share some observations about what’s happening in DC. These observations are based on discussions with a range of people in the know.

Why did the market crash and then re-bound?

February 06, 2018

As you will be aware financial markets have re-bounded recovering some, but not all the ground it lost. I thought I should provide my understanding of what has happened.

Debt and Business Cycles - What this means for Government Budgets?

February 06, 2018

There are business (asset) cycles and these normally last a few years. Historical central bank behaviour is to address these through monetary policy (interest rates increases); however given sluggish growth and low global interest rates this is not on the cards for the foreseeable future. Overlaying asset cycles are debt cycles and these can last 20-50 years.

The Wealth Effect

October 27, 2016

This article was published in the Australian Broker magazine on 28 October 2016.

Over the last few years central banks and governments’ monetary and fiscal policies have been directed at stimulating economic growth. But despite policies of low or negative interest rates and fiscal stimulus, global economic growth has remained subdued. Consumers have not responded in the manner that policy makers predicted.

Greatest Wealth Transfer in History

September 18, 2016

Over the last few years central bankers and governments monetary and fiscal policies have been directed at stimulating economic growth through consumer spending. Despite policies of low or negative interest rates and fiscal (Government spending) stimulus global economic growth has remained subdued, because consumers are borrowing, not spending

QE causes currency and fiscal impotence

July 31, 2016

With the Reserve Bank of Australia (RBA) meeting on 2 August 2016 there is continued speculation that interest rates will be cut.

Our Economy: The Twenty Five Year Re-structure

July 06, 2016

The following article was published in the Australian Broker Magazine on 5 April 2015 and its relevance continues.

I’m often asked about the economy and what is happening.  My simple answer is: “Australia is going through a 25 year re-structure that is being forced upon us by the global economic system”.  Unfortunately, I do not believe that the so called economic experts that dominate the media, with their use of the latest economic indicators are explaining what is happening. ...

Globalisation is increasing the trend to Nationalism

June 25, 2016

The exit of Great Britain from the European Union reflects a nationalistic trend occurring round the globe resulting from globalisation. Arguably, the rise of Donald Trump reflects this trend, as he has accessed the discontent within certain sections of US society while filling the political vacuum in the moderate areas of the Republican Party caused by the rise of the Tea Party.

Inquiry needed but not for bank 'victims'

May 15, 2018

The following post was published on AB+F (Australian Banking and Finance)

This debate has generally focused on the 'victims' of the banks, and their need for redress. I do not support a Royal Commission for that reason. However, a Royal Commission is needed to consider the following macro-economic issues:

Busting the blockchain hype

May 11, 2016

The following post was published by Tony Boyd in the Financial Review on May 11, 2016.

This month is shaping up as a turning point for start-ups in the US because May 16 marks the beginning of a new law to encourage crowd-sourced equity funding under a law called the Jumpstart Our Business Startups Act (JOBS Act). 

Energy companies to provide the impetus for Australian corporate bond market

April 07, 2016

The lack of depth in the domestic corporate bond market has been the subject of much discussion and research. Different studies have advocated a range of steps aimed at creating the right business and taxation environment for a liquid corporate bond market. Ironically, it may be the regulatory activities of the Australian Energy Regulator (AER) and Economic Regulation Authority of Western Australia (ERAWA) that provide ...

Australia's Egalitarian Society: Is it Disappearing?

December 08, 2015

The following post was published in the December 2015 issue of Australian Broker.

I have been very lucky. My parents gave me a good education and I was able to attend university after which I took the obligatory gap year travelling around Europe and the USA, before returning home to start my working life. I treasure these experiences and seeing the world at a relatively young age helped shape my perspective on life ...

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