The Geithner plan: what is it, and will it work?
Wall Street and and the ASX have rallied hard in approval of US Treasury Secretary Timothy Geithner’s bank rescue plan. In this post I am going to examine the Geithner plan, try and describe and explain what it is, and [...]
What will happen to Australian house prices?
With the complete collapse in the US property market due to the subprime mess, there’s been a lot of debate in Australia as to whether the same could or would happen here; Steve Keen has gained attention recently for his [...]
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