by Karl Fitzgerald | Jun 9, 2009 | Commentary
photo credit: SnaPsi xyzzy The highly regarded Robert Shiller writes: HOUSE prices in the US have been falling for nearly three years, and the decline could continue for some time. Even the US Government has projected price decreases next year. As a baseline, the...
by Karl Fitzgerald | Jun 4, 2009 | Commentary
photo credit: smooshmasterflex But will they be able to wrestle with, as Winston Churchill once put it, ‘the mother of all monopolies, the landlord’? This will be a fascinating battle between David (chain stores…sorry I still can’t bring myself...
by Karl Fitzgerald | Jun 3, 2009 | Articles
photo credit: Latente 囧 Le Sbarbine nel Governo From the Subprime to the Terrigenous: Recession begins at Home Gavin Putland’s excellent new report, being picked up by all sorts of websites and e-news services Background The American word “subprime” refers to...
by Karl Fitzgerald | Jun 1, 2009 | Letters to the Editor
photo credit: Birta Rán Letter to the Age 01/06/09 Buy Australian veto David Barkley Box Hill Dear Editor, Finance Minister Lindsay Tanner says the Government will not accept a push that breaches trade rules (29/5). All we hear is what it won’t do. The Rudd Government...
by Karl Fitzgerald | Jun 1, 2009 | Commentary
Timely when local current affairs talk about 20,000 homeless whilst 20,000 vacant houses are holding these people to ransom In Lost Vegas.