by John Adams and Martin North from In The Interests Of The People John Adams (from Adams Economics), Martin North and Irish Financial Advisor Eddie Hobbs (who predicted the 2007-08 Irish Housing Crisis) have put forward a radical thesis that Australia may be the first …
Australia real estate continues to slowly decline. In Sydney, the average decline is 13% from its peak. Some neighbourhoods are even worse. Construction companies are feeling the burn. Foreign investment has slowed to some degree which is having an impact …
[snip] Tropical Cyclone Veronica: Parts of Pilbara coast are under red alert The West Australian Saturday, 23 March 2019 3:22PM 3:27 | The West Australian/7NEWS Towns across the Pilbara are about to go into lockdown as TC Veronica closes in …
So even the Aussie government thinks there is no retirement….
via RT: Australian Prime Minister Scott Morrison was accused of hypocrisy after he announced $55 million in grants for security upgrades at religious schools and places of worship in the wake of the New Zealand tragedy. The money will be …
Negative equity. It’s impossible they say. Will never happen. This time is different. The subprime crisis was an anomaly. It can’t happen to me… famous last w U.S. existing home sales fall sharply to three-year low | Reuters …
via news.com.au: The Reserve Bank could be forced to step in with a $300 billion bailout program to rescue Australia’s banks if the housing credit crunch accelerates into a “doom loop” that causes property prices crash by 50 per cent, plunging …
by John Adams of Adams Economics and Martin North via In The Interests Of The People This week Australia’s Central Bank Governor Philip Lowe spoke to Australia’s National Press Club about the state of the Australian and global economy, the state of the Australian banking system and …
This is becoming a very big but undisclosed problem. Let’s just pretend that real estate is still affordable and there’s no fraud going on and that the massive debt load everyone has isn’t an issue. Sounds good, right?
by John Adams and Martin North from Adams Economics Australian Economist John Adams from Adamseconomics.com and banking expert Martin North report on how Australia’s record debt bubble is leading in massive social problems among Australia’s middle class. In the past 6 years, Sydney’s south west region …
by John Adams and Martin North from Adams Economics Australian Economist John Adams from Adamseconomics.com and banking expert Martin North are back in together 2019 as they launched a new YouTube Channel: “In the Interests of the People”. In their opening episode, The People Suffered, Yet …
via @SteveSaretsky: What the hell is happening over there in Sydney… This happened.
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter But first-time buyers cling to hope. Sales of newly built detached houses in Australia plunged 6.7% in December 2018 from November, to just 4,622 houses, according to the Housing Industry Association (HIA), easily whizzing by the …
by follyboyz The UK and the US have wanted to do this for a long time. Australia is the first to do it. Essentially, law enforcement will be guaranteed backdoors for encrypted data, making it easier to see confidential information from …
Real estate euphoria is a HUGE problem. How many people do you know that are WAY over their heads with debt. It’s extreme because of the leverage used. If you go to the casino and gamble $5000 and lose it, …
Real estate is a huge problem now for investors and home owners who have gotten in way over their heads. Most people have taken on way too much debt. Many are walking away from their purchases. Some are underwater. The …
by Martin Armstrong While the BitCoin people have hated me for not agreeing with them that a private currency could displace the currencies of all nations and BitCoin would be the new “reserve currency” killing the dollar, to me they are in …
Australia’s economy is heavily reliant on real estate. Perhaps not as much as Canada but it’s certainly a big component as households rely on excessively leveraged home ownership schemes to buy ever-increasing real estate. The average household is unable to …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter This is not exactly slow motion anymore. In Greater Sydney, Australia’s largest housing market, the housing bust, after a terrific housing bubble, is gaining momentum. In November, according to the CoreLogic Daily Home Value Index: Prices of single-family …
by John Adams from Adams Economics In the past week, economist and former political advisor John Adams visited Australia’s Federal Parliament to speak to politicians about how sick the Australian economy is and how this will result in a devastating Economic Armageddon. John …
Please let me know what you’re seeing around you in terms of real estate. Is there a SLOWDOWN in sales? Homes staying on the market longer than in recent years? Please share for everyone to see. This information is priceless. …
by Martin Armstrong The Trump Revolution is unfolding everywhere. It is NOT a philosophy left or right – it is just drain-the-swamp and throw out whoever is in power. The Labor government in the Australian state of Victoria won an …
Your beloved countries have and will always find loopholes to break human rights and gather as much information to help them hold power at all costs. via wikipedia: The Five Eyes, often abbreviated as FVEY, is an intelligence alliance comprising Australia, Canada, New Zealand, the United Kingdom and the United …
(Bloomberg) — Australia’s central bank No. 2 official Guy Debelle says risky borrowing is more likely to be an accelerator to an economic downturn rather than its source, in an address discussing the impact of lending curbs. “If a negative …
by John Adams from Adams Economics John Adams and Martin North have suffered a major set back in their request to reclaim Australia’s gold. After their initial victory last week where the Reserve Bank of Australia (RBA) released detail about their gold holdings …
Economy & Markets – Facebook, Released on 11/9/18 With real estate starting to crack in Australia, Harry Dent returns for his latest tour earlier than expected. Declining numbers across the country is a very big deal for several reasons which …
by John Adams from Adams Economics Amazing developments on the gold front happening in Australia! The Reserve Bank of Australia has responded to pressure from the commentary of John Adams and Martin North regarding its gold holdings. Responding to dozens of e-mails from …
Those people in Australia and New Zealand, let me know what you’re seeing with real estate right now in 2018. Real estate in Australia has once again fallen further down. This is a definitely trend that has not let up. …
https://www.youtube.com/watch?v=8HsjfTCoiFc https://www.9news.com.au/2018/11/07/12/06/nsw-dust-storm-amazing-images-as-sand-cloud-sweeps-through https://www.news.com.au/technology/environment/dust-descends-on-nsw-droughthit-farmers/news-story/405589f3ee26ea9633b8049bcd4d9598 DROUGHT-HIT western NSW farmers have now had to contend with a horrendous dust storm rolling across the region. The walls of dust descended on Tuesday ahead of thunderstorms which brought between five and 15mm of rain, providing …
by John Adams from Adams Economics Australians John Adams and Martin North discuss the shock announcement by the Australian Government to re-appointment globalist regulator Wayne Byres (who previously served at the Bank for International Settlements) to a new 5 year term as Chairman …