Archive for ‘May, 2007’

6 results.
May30

Debtwatch gets a mention in Parliament

by Steve Keen on May 30th, 2007 at 4:31 pm
Posted In: Australia, Debtwatch, Politics

It’s not yet the main topic of debate between Liberal and Labor, but some of the arguments in Debtwatch have at least made their way into Hansard courtesy of a speech by Laurie Ferguson. The full extract from the speech is shown below. “This makes a mockery of the claim by the Prime Minister that […] ↓ Read the rest of this entry…

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May30

First home payments hit $3000 per month

by Steve Keen on May 30th, 2007 at 8:31 am
Posted In: Australia, Debtwatch

Jessica Irvine from the SMH has written an excellent piece with this headline in today’s SMH. I’ve linked it on the blog roll, but it’s linked here too for quick reference.  My Debtwatch report will be very brief this coming month: I’m off to the USA tomorrow for some conferences, and I’m “under the gun” […] ↓ Read the rest of this entry…

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May22

Great post on debt on Sam de Brito’s “All men are liars” Blog

by Steve Keen on May 22nd, 2007 at 6:46 am
Posted In: Australia

I regularly peruse, and enjoy, the “All Men Are Liars” blog at the SMH on-line. Today’s post there is on a topic dear (in every sense of the word…) to this blog. I recommend checking it out–and engaging in the debate, if you have time (I’ve just posted a quick comment): Suckers: slave to your […] ↓ Read the rest of this entry…

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May10

PM on New Zealand Reserve Bank Policy Shift–transcript

by Steve Keen on May 10th, 2007 at 12:21 pm
Posted In: Debtwatch, Media Coverage, New Zealand

Will Budget tax cuts fuel inflation?  (click here for the MP3 file) PM – Wednesday, 9 May , 2007  18:14:52 Reporter: Stephen Long MARK COLVIN: Now, will the tax cuts in the Budget cause inflation? Some leading economists argue that the Reserve Bank could be forced to lift interest rates down the track because Government […] ↓ Read the rest of this entry…

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May09

ABC PM tonight–major policy shift by New Zealand RB?

by Steve Keen on May 9th, 2007 at 5:33 pm
Posted In: Debtwatch, New Zealand

Stephen Long from ABC News brought to my attention the fact that the Reserve Bank of New Zealand appears to be contemplating a return to regulating lending. This is only hinted at at present, but it represents a major shift in Central Bank thinking–and a welcome one, from a debt-deflationary point of view. I’m interviewed […] ↓ Read the rest of this entry…

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May09

Why have the Liberals got it in for business students?

by Steve Keen on May 9th, 2007 at 12:00 am
Posted In: Education

This is another non-debt post. I’ve just heard Costello describe tonight’s budget as an “Education Budget”. There was a welcome “equity” bequest to universities, to fund infrastructure and research: but there was also a shallow “shell and pea” trick in the allocation of funding for University places. The complicated CGS banding system–which determines what the Government provides per […] ↓ Read the rest of this entry…

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