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Friday, 16 February

22:58

From Gibraltar to Australia: How Countries Approach ICOs "IndyWatch Feed Crypto"

With the boom in ICOs over the last year or so, there has been an increased need for regulation, however, with no global standard, different countries are taking different approaches. #INFOGRAPHICS

20:49

Weekend reads - must see articles of the week Pete Wargent Daily Blog

It's been some week!

I had an excruciatingly painful cracked tooth and a filling done, the humidity has been off the charts in Brisbane, but we got some good stuff done as well. 

In the end, there wasn'tmuch time left for sifting through the week's news.

Fortunately the must read pieces are summarised for you here at Property Update (or click the image below).


Subscribe for the free newsletter while you're there too. 

17:00

The Weekend Quiz February 17-18, 2018 Bill Mitchell billy blog

Welcome to The Weekend Quiz. The quiz tests whether you have been paying attention or not to the blogs I post. See how you go with the following questions. Your results are only known to you and no records are retained.

1. If the growth in wages (the money you get paid) keeps pace with inflation which is accelerating at the same rate as labour productivity is growing then the profit share in GDP remains constant.




2. The expansionary impact of deficit spending on aggregate demand is lower when the government matches the deficit with debt-issuance because then excess reserves are drained and the purchasing power is taken out of the monetary system.



3. A government is choosing between a tax cut that will reduce tax revenue at the current level of national income by $x (that is, increase private domestic disposable income by $x) and a public spending increase of $x. Which policy option will have the greater initial impact on aggregate spending?

...

16:00

Australian Dollar and Bitcoin "IndyWatch Feed Crypto"

1.00 AUD = 0.00008 BTC
0.00010 BTC = 1.25 AUD
Converter

09:32

Economics in Two Lessons John Quiggin

Ive finally committed to delivering a manuscript of my long-overdue book Economics in Two Lessons. As part of the process, Im going to post the chapters, one at a time, and ask for comments, criticism, encouragement and so on. To begin at the beginning, heres the Introduction.

08:44

A Cross-Strait Chill? You Wouldnt Know It From Taiwans Economic Data. Pacific Money The Diplomat

Taiwan posted higher-than-expected growth in 2017, and is predicting solid numbers for this year as well.

01:45

Astronomer Dr. Eamonn Ansbro An Update on Quantum Experiment to Contact ET "IndyWatch Feed Economics"

By Kerry Cassidy

I will be interviewed scientist and astronomer EAMONN ANSBRO about the status of his quantum experiment to contact ET.

Dr. Eamonn Ansbro has a Masters degree in Astronomy from University of Western Sydney, Australia, and an MPhil and PhD (ABD) degree in Astronomy from the Planetary Space Science Research Institute at Open University (UK).

He is director of Kingsland Observatory, one of 5 Observatory research centres in astronomy in Ireland. His main involvement for some years has been in Solar System studies and Instrumentation.

In recent years he has been involved in SETI . He founded SETI Kingsland which has been pioneering a fundamental new approach within SETI.

This new SETI approach has resulted in breakthrough technology for applying it to communications with extraterrestrial civilizations.

Visit Project Camelot to view the full 20 page PDF presentation.

Kerry Cassidy is the CEO/ Founder of Project Camelot. Kerry is a documentary filmmaker/investigative journalist and well known radio talk show host of Project Camelot Whistleblower Radio and Project Camelot TV broadcaster with a weekly live show on Youtube. Her website Project Camelot ( http://projectcamelot.tv aka projectcamelotportal.com ) is a leader in the alternative media sector, with a Youtube channel that has over 57 million unique viewers worldwide and over 185,000 sub...

00:00

Beyond the Crossing: Remote Viewing the Planet X Binary and Trinary System "IndyWatch Feed Economics"

Interesting information and worth a listen. Discernment advised, as always. Ed.

In this segment, we cover the impending passage of the binary system, what to expect, Spiritual and physical preparation aspects, Laudas first hand experiencing of the Holographic construct, the role of 5G + agendas, remote viewing a high level celebrity briefed on the system, an Australian astrophysicist kin confirmation disclosure + more!

Part 1

Part 2

Continuing from Part 1, we further discuss aspects of the Binary passage effects, the New earth, the TransPlanting, the elements of the antiverse/anti-creation + more personal witnessing of relative events.

We must emphasize that the El-ites do not invest trillions of dollars over decades building and expanding deep underground base networks for hoax events, irregardless of what technologies they may themselves employ as part of end time events.

Biblical plagues really happened say scientists

This article omits much, though is a reference point for examining the scientific studied effects that led to exodus.- GL http://www.telegraph.co.uk/news/scien

WORMWOOD.

This object goes by many names.. The Egyptians called it the Terrible Comet

The civilizations of South and Central American called it the Sky Serpent

The Hopi Indians called it Sasquasohah

The Babylonians called it Marduk

The Chinese called it The Red Dragon

The Sumerians called it Nibiru or Planet of the Crossing.

Other civilizations called it The Winged or Horned Disk, The Destroyer, The Death Comet among others.

...

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Thursday, 15 February

23:35

Waste Expo Australia/ All- Energy 2018 "IndyWatch Feed Economics"

Waste Expo Australia 2017 is proudly co-located with All-Energy Australia as part of Australian Sustainability Week, forming Australia's most significant showcase for the Waste, Recycling, Environment, Sustainability, Water Management, Clean Energy and Energy Efficiency industries.

21:57

Sweet 16, as Queensland jobs growth surges Pete Wargent Daily Blog

16 on the bounce

Yet another month of employment growth, this time up a seasonally adjusted +16,000 to 12,453,500, to make it 16 gains in a row, which is a record for the Australian economy. 


Annual employment growth remained very strong at +403,000 or +3.35 per cent, but this month there was a wild swing towards part-time work, which stripped the positive sheen off the result. 

By far and away the most jobs were added in Queensland in the month at +19,700, although this month's gains were of the part-time vintage. 

Queensland's economy added +118,000 jobs over the past year, which represents a huge rate of statewide employment growth at +5 per cent, with +91,600 of those being full-time positions.


The participation rate was down a notch in January, but the trend has been up to around the highest level in 7 years, with Queensland being one of the states to see a marked lift in recent times. 


Unemployment rate flattening...

16:00

Australian Dollar and Bitcoin "IndyWatch Feed Crypto"

1.00 AUD = 0.00008 BTC
0.00010 BTC = 1.30 AUD
Converter

15:24

A Great Banking Backlash Is Coming Daily Reckoning Australia

Mr Market sure is a moody fellow at times, isnt he? Last week it was all panicnow were back showing some green!

The US markets closed up strongly overnight. And shiver me timbers! It happened with the 10-year bond yield still heading up.

Stocks are volatile. They go up and they go down.

And no wonderthe world never sits still.

Aussie bank shares are the ones to keep an eye on. Heres why

New rules to rein in the banks

The banking regulator is finalising some proposed changes to the regulatory framework around the banks.

Its to do with the capital levels the banks need to hold against their loan books.

The banks will need to hold more money against interest-only loans and investment properties in general.

This is to protect them if a high number of loans go bad.

The bog-standard owner-occupier loan, especially those with a low loan-to-value ratio, are to be treated as less risky. Therefore, they need less money set aside.

Regulatory pressure is not so good for bank investors which is pretty much all of us, because they make up so much of the index.

Heres why. Higher capital levels reduce the return on equity the banks can generate off these loansunless they raise interest rates on them to compensate.

If they have to raise rates here, they can be undercut on price.

Already the pressure on banks has forced more money into the non-bank lenders, who APRA does not regulate.

This sector is booming because of the crackdown since 2015.

I suspect all this is already priced into bank stock prices despite the news today.

But I bring it to your attention anyway. Its very important long term

Joe Public to be sold down the river

The government will sell the public the notion that the banks are on their way to becoming unquestionably strong.

However, history says the banks will do everything they can to block these changes and/or find a way around them.

It was forcing banks to hold capital against their loans that spawned the original securitisation market in the 1980s.and we know where that ended up, dont we?

The international framework for banks is known as Basel III.

Were up to III because I and II didnt stop further bank collapses and financial crises.

Thats because fiddling with bank capital levels does not work. It treats banks as financial intermediaries which they are not.

A banks tier 1 capital comes from shareholder equity and retained earnings. That means in the good times their capital ratios look wonderful.

You seein a healthy economy, banks expand their lendingmake more moneyand meet their capital requirements.

But as the b...

14:50

Terrified of Bitcoin, banks forced to innovate for the first time in 40+ years "IndyWatch Feed Crypto"

Terrified of Bitcoin, banks forced to innovate for the first time in 40+ years by Simon Black Sovereign Man Yesterday morning, several banks in Australia started rolling out a new payment system theyre calling NPP, or New Payments Platform....

The post Terrified of Bitcoin, banks forced to innovate for the first time in 40+ years appeared first on The Daily Coin.

14:00

Discovering the Saturn Moon Extraterrestrial Control System "IndyWatch Feed Economics"

Australian contactee George Kavassilas is interviewed about his lifelong experiences with different extraterrestrial civilizations and shadow government operatives. In this first installment of a two part Exonews TV interview conducted in Australias Gold Coast, George explains how his contacts began, how these evolved over the years involving several different groups, and the torture he received at the hands of shadow government authorities attempting to suppress his experiences and silence him. Finally, he describes a global control system comprising the planet Saturn, the Moon and extraterrestrials that has resulted in a Matrix-like illusory reality that manipulates humanity. He asserts that discovery of the Saturn Moon Extraterrestrial control system is the first step to human freedom.

Part 1  Discovering the Saturn Moon Extraterrestrial Control System (S06E01)

In part two of this Exonews TV interview conducted in Australias Gold Coast, George Kavassilas explains the key components of a Saturn Moon Extraterrestrial control matrix used to limit human potential and growth. In particular, he identifies the roles of the chakra system and the pineal gland in creating false synthetic light experiences that entrap many individuals. He asserts the creation of synthetic light experiences is the favored manipulation technique used by unscrupulous extraterrestrials and higher dimensionals. He outlines his Heart -Centric/Core-Self method of how to overcome the global control system that creates a Matrix-like illusory reality that continues to manipulate most of humanity. He insists that overcoming the Saturn Moon Extraterrestrial control system is the necessary step we all have to take in attaining human freedom and achieving our highest potential as universal beings having a physical experience.

Part 2  Overcoming the Saturn Moon Extraterrestrial Control System (S06E02)

...

12:39

Australian labour market weakened a bit at the start of 2018 Bill Mitchell billy blog

The latest labour force data released today by the Australian Bureau of Statistics Labour Force data for January 2018 shows that the Australian labour market labour market weakened a bit at the start of 2018. Employment growth was again very modest in January 2018 and participation fell. The fall in unemployment was due to the fall in the participation rate as employment growth failed to keep up with the underlying population growth. The teenage labour market, however, improved marginally on the back of the rise in part-time work. The deficit in full employment growth for this cohort remains stark. Further, underemployment rose sharply as did the broad labour underutilisation rate for the second consecutive month, signifying that the Australian labour market still is a fair distance away form full employment. Overall, my assessment is that the Australian labour market has a lot of slack remaining. It is not close to full employment yet.

The summary ABS Labour Force (seasonally adjusted) estimates for January 2018 are:

  • Employment increased 16,000 (0.1 per cent) Full-time employment decreased 49,800 and part-time employment increased 65,900.
  • Unemployment decreased 7,900 to 723,800.
  • The official unemployment rate decreased to 5.493 per cent from 5.556 per cent.
  • The participation rate decreased by 0.1 points to 65.6 per cent. It is now approaching its previous peak (December 2010) of 65.8 per cent.
  • Aggregate monthly hours worked decreased 24.1 million hours (1.4 per cent).
  • The monthly (unadjusted) estimates show that Underemployment was at 9.1 per cent of the labour force (up 0.2 points and 0.6 points in the last two months). The total labour underutilisation rate (unemployment plus underemployment) was 15 per cent (up 0.7 points and 1.4 points in the last two months). There were 1,183.8 thousand persons underemployed and a total of 1,963.5 thousand workers either unemployed or underemployed.

Employment growth positive but weaker

Employment growth was weaker again in January with a net job increase of just 16,000 (0.3 per cent). The notable featurew was that Full-time employment decreased 49,800.

Part-time employment increased 65,900. Underemployment rose as a result.

We observed a zig-zag pattern in total employment growth up until the end of 2016 switching around the zero growth line. The oscillating pattern has continued into 2017 but the level has risen above the zero line.

The following graph shows the month by month growth in full-time (blue columns), part-time (grey columns) and total employment (green line) for the 24 months to January 2018 using seasonally adjusted data.

It gives you a good impression of just how flat employment growth had been leading into 2017 and the...

07:32

Malaysia Central Bank to Let Public Decide Cryptos Fate "IndyWatch Feed Crypto"

Malaysia Central Bank to Let Public Decide Cryptos Fate

Malaysias central bank, Bank Negara, is set to release a concept paper, calling for the public to decide the fate of cryptocurrencies in the country, according to a recent report. Bank Negara governor Muhammad Ibrahim is said to have assured the bank will neither ban nor recognize cryptocurrency, and that the paper will be finalized in February.

Also read: Internet Pioneer Who Influenced Assange & Snowden Dead at 70

Malaysia Lets Public Decide

At the 40th anniversary dinner of Harvard Business School Alumni Club of Malaysia, Bank Negara governor Muhammad Ibrahim said, Basically, we will let the cryptocurrency promoters including bitcoin, ethereum and ripple to be more transparent, the methods to be more transparent and people behind the scene are to be more transparent too. By doing so, the public can decide on its own if they want to invest in cryptocurrencies.

Malaysia in recent years has been an economic tiger, its economy growing faster than more powerful regional cousins South Korea, and even outpacing France and Australia. Its government is unusually paternalistic with regard to the economy, however, though less so as it has developed. Politically it occupies an odd space in Southeast Asia as a federal constitutional elective monarchy. Something akin to the Westminster system, the king is chosen in rotation by hereditary families, and he acts as ceremonial head of state, appointing upper parliament house members and mi...

02:14

Japan GDP Growth: Partying Like Its 1989? Pacific Money The Diplomat

Japan is on its longest economic growth spurt since the 1980s.

Wednesday, 14 February

18:13

This Sector to Boom in 2018 Daily Reckoning Australia

Do yourself a favour and start paying attention to the resource sector. Theres going to be so much opportunity in this sector over the next 18 months.

I dont really understand why theres no sense of excitement around this.

Gold in Aussie dollars is strong. Copper has a bright outlook. LNG spot prices hit a three-year high recently. Theres still a lot of interest around lithium.

This entire sector is strong

This sector is a standout so far

Take a look at this graph, showing the recent earnings reports coming through.

Source: UBS

You can see pretty quickly that the resource sector is the standout here.

Your Daily Reckoning Australia service has made the case for this rebound since we launched in May last year.

Theres a pretty simple hypothesis behind it all.

The resource bear market from 2011-2016 wiped out a lot of exploration budgets across the entire sector.

Existing reserves are always being run down.

At the same time, we have the ongoing expansion of the middle class in China, India and Southeast Asia.

Demand wont go away anytime soon. Supply now has a long way to go to catch up to where we need to be.

Because the lead times in mining run for years, not months.

Thats why car markers are scrambling now to lock up what resources they can of cobalt and lithium, even though sales of electric cars are minimal.

The supply needs to be locked in now to meet the demand coming.

We saw this in action on the ASX yesterday.

There was a whisper yesterday that Galaxy Res ources Limited [ASX:GXY] might be about to do a deal with BMW for a long-term offtake agreement.

The wider lithium sector rallied on the news.

Consider, too, what the arrival of electric cars could do to copper demand.

The major shift towards renewable energy is a huge boost for copperbut theres huge doubts about whether the world is goi ng to be able to find anywhere near the level needed.

Copper grades have been declining for years. The most promising deposits are in Africa not known for its investor-friendly environment.

Not only that, if the US$1.5 trillion infrastructure spend gets anywhere near to reality, thats going to use a lot of copper. Plus, US housing is booming at the moment.

Plus, we have Chinas One Belt, One Road initiative.

And people will tell you to be bearish on the world. Are they mad?

We dont need to worry about them. Lets just try and buy and sell the right stocks at the right time.

Gold stocks are also looking strong at the moment.

The little k...

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