Talk at Politics in the Pub (Newcastle)

Published in May 14th, 2009

I’ll be speaking on the financial crisis at the monthly “Politics in the Pub” meeting in Newcastle next week. It’s on Tuesday May 19 at 6pm at the Hamilton Station Hotel on the corner of Fern and Beaumont Streets Islington (next door to Hamilton station on the Maitland Road side of the railway line).

3 Responses to “Talk at Politics in the Pub (Newcastle)”

1
al49er
May 14th, 2009 at 12:44 pm
Nicely said as per usual MACCA.

Don’t be afraid of mentioning the ‘elephant’. Anyone with a problem is free to counter the notion you are putting forward.

You might appreciate this little piece.

While stitching up the hand of a 75 year old Queensland farmer, who got cut on a gate while working cattle, the rural doctor struck up a conversation with the old man. Eventually the topic got around to Kevin 07 and his appointment to Prime Minister of Australia.
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>”Well, ya know,” drawled the old farmer, “this Rudd fella is what they call a fencepost turtle.”
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>Not being familiar with the term, the doctor asked him what a fencepost turtle was.
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>The old farmer said, “when you’re driving along a country road and you come across a fence post with a turtle balanced on top, that’s called a fencepost turtle.”
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>The old farmer saw a puzzled look on the doctor’s face, so he continued to explain, “You know he didn’t get up there by himself, he definitely doesn’t belong up there, he doesn’t know what to do while he is up there, and you just gotta wonder what kind of dill put him up there in the first place!”
2
business-cycle monitor
May 15th, 2009 at 8:30 am
Steve,

Any chance you could get over to Perth? This mining boom town is still in denial, property prices particularly barely moving (I’m renting, waiting to pick up a house…).

My personal research shows economic growth highly depended on consumer sentiment, borrowing and spending. The best spending class to watch is consumer durables as they entail lots of spending and borrowing. So far as I can see the biggest consumers (US) are contracting in spending and borrowing, with production and employment tanking.

Green shoots, what green shoots? I’ve posted some presentations here on the global, US and Australian economies:
http://www.slideshare.net/bizcyclemonitor/slideshows

Just a quick visit? Perhaps come a see Nouriel Roubini at the Kalgoorlie Diggers & Drillers?
3
dobther
May 15th, 2009 at 11:04 pm
Hi all,

I’m doing a report for my TAFE course on ‘Fractional Reserve Banking’ and need some help on which way to head. I want to read more on the history (presently have in my head that it all started in the 1670′s when the gold merchants of England got together.) and then wouldn’t mind a quiz at some actual data of Australia’s system in action, and perhaps prying in on the predictions of economists to see how they’ve fared with their numbers.

Thanks.