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Karl Fitzgerald

I am the webmaster. I work full time promoting the urgent need for the public to gain a share of the earth's worth. Our projects help to raise awareness of this crucial issue.

REIT’s hit the skids

photo credit: chauromano Ahh the Age beats us to the story! Australian Real Estate Investment Trusts are down 73% year on year. Michael West covers this in Property Not So Safe After All One of the “leading lights” of the…

EU membership = speculative magnet

photo credit: pgpdesign (paul) The trend continues. EU membership comes concomitant with lower foreign investment rules, bringing a wave of speculation in real estate as rent seekers invest early to sit and wait until marginal rents bump up to the…

Hudson: Finance Capitalism Hits a Wall

photo credit: woodleywonderworks The Oligarchs’ Escape Plan – at the Treasury’s Expense By Prof. Michael Hudson see the original article and the growing list of comments on Information Clearinghouse The financial “wealth creation” game is over. Economies emerged from World…