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A shift is afoot in the west's financial markets that represents the most important economic change since the emergence of the new financial instruments in the 1990s that ultimately led to the global financial crisis. It is likely to result in a new way of thinking about money, which will change the substructure of developed economies.
At the next global financial crisis, when questions about what we want our monetary system to do for us become a matter of survival, why not devise a transactional system that is not just geared towards the consumption of goods and services, but involves monetary exchanges for social goods, such as sustainable production, or civic benefit?
Due to this stance, immigration is arguably not being leveraged to actually benefit the country, including its flailing economy. This is despite a government report released last year stating that immigrants increase GDP and helped avoid the 2008 financial crisis.
Recognising that financial systems are a human creation rather than natural systems governed by 'capital flows' would be an important step to conceiving a more robust and equitable system. To ask what kind of society we want and only then work out what we want money to do for us is to put the horse back in front of the cart.
It's the final outpost, symbolically, demarcating Australia from its closest neighbour, PNG. The islands beyond it are a link to the cultures and geologies that lie to the north, giant stepping stones that guide Australia's Torres Straight Islanders home. For white Australians, they're the barrier marking the country's fiercely-held border.
When Nancy Pelosi announced the House of Representatives would open impeachment proceedings, it seemed that finally the Trump Administration would be forced to reckon with its repeated disregard for the rule of law. Except, as Saturday Night Live's Kenan Thompson says in a hilarious sketch, 'Ain't nothin' gonna happen.'
It is easy to blame the financial sector — and the governments that were supposed to oversee the financial system but instead just washed their hands of it — for creating this global debt debauch. They certainly bear much of the responsibility. But in many ways the financial misbehaviour is as much symptom as cause.
One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.
While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.
The AFL's announcement that AFLX would be scrapped after two seasons, despite heavy media coverage, was a strong indication of the league's commitment to women's football. It now needs to follow up with commitments that reflect the increasing scale and importance of the women's competition to the league.
Now that the UK is in the final phase of leaving the Union we should ask, before the bell tolls, how much this misadventure — or folie de grandeur — was due to politicians putting their interests above those of the nation, ignoring democratic theory and long-settled constitutional practice.
Whatever the legitimate logistical and financial challenges, the Australian church leadership should move heaven and earth to put on an event in which delegates and observers, bishops, religious and laity, traditionalists and reformers are free to mingle and interact in the best spirit of collegiality and joint discernment about the future.
85-96 out of 200 results.