I have answers, and a new favourite economic theory: "F*** it" money.
Inside Restaurant Petrus in Hong Kong, where Alex Gillett and other naval offices enjoyed a lavish dinner. That's a generous assessment. The bank had big losses, hired private detectives to spy on employees, laundered money for a criminal organisation in Bulgaria, faced lawsuits and paid more than half a billion dollar fine for facilitating corrupt loans in Mozambique.
The shock bankruptcy of unrelated US firm Lehman Brothers helped blow up the US economy in 2008, leading to the global financial crisis, or GFC. – where other globe-spanning institutions had similar problems about over-valued assets – simply weren't there.Issues in the global economy are as large as the world is wide.that will run from the end of this year and through all of 2023. That would be the longest recession since the GFC.Their central bank, the Federal Reserve or "Fed", is trying to slow inflation.
“Markets run on two things: greed and fear”. Someone did a journalism. Our tax dollars at work.
Truth is ... I just don't trust the ABC with any analysis anymore.
No one has explained how you have massive profits in an economy that grows at 3 percent, approximately.
What the baleful Albo gets out of mass immigration resuming mid-recession is twofold & it’s going to take quite a few down. Enjoy the recession ride.
Yes Albos cost of living crisis, constant interest rate hikes and record inflation are crippling peoples lives. The way he sent so much money to ukraine to fund the killing of people has just pushed inflation higher. Albo you are a traitor, a liar and a failure.
Sadlt the ABC has reverted to the same Murdock scare mongering to capture hesdlined. Thanks Ita,
The insanity of the rich White Anglo heritage community continuuing to print billions for their community has not helped. Trickledown economics, a fallacy of the Western world order, to the poor has not worked. Rich countries remain rich. Poor countries remain poor!
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