Karl Fitzgerald

Karl Fitzgerald

Karl Fitzgerald was the former Director of Research at Prosper Australia for 18 years. He now leads Grounded Community Land Trust Advocacy.

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…

Doug Noland on Reflation

photo credit: Passetti Doug Noland is fast becoming a popular online analyst, focusing in particular on monetary policy. He releases a weekly report that summarises global policy developments and market movements in rapid fire succession. Essential reading, very handy for…

A Telling Example

photo credit: pyjama People often grasp our message through simple examples. Imagine a friend buys one of these pictured beach boxes for $12,000 in 1994. Meanwhile, you work hard, doing overtime, saving money, being a solid citizen. During the middle…