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Polynomix

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psb members.

Will the real Glenn Stevens please stand up?

Quick quiz: which southern hemisphere central bank governor from a large island continent said this in June 2012? “There are big benefits to us as consumers from the high currency…We shouldn’t wish too…
Charles ed Gaulle ThomasThomas.

The five worst decisions ever made by the European Union

The European Union. Love it? Loathe it? All of the above? The Wall Street Journal writes that Euro chic is back in fashion. EU chic — to be precise. The 12 gold stars that form the EU flag are not exactly…
northkorea.

The China Choice: why America needs to share power

“I’d love to have the German army in Australia,” Hugh White said wistfully. The date was July 2004. The place was the bar on the fourth floor at the Department of International Relations, London School…
stockmarket recession.

Buckle up, Australia: recession is coming

Think Australia is immune to global downturn, depression and despair? Think again. One would be plundering the depths of naïveté to believe that Australia can continue to exist in an oasis of economic…

Eurozone Doomsday: 90 days and counting

In a widely reported speech on June 2nd, financial baron George Soros gave the European Union 90 days to address the debt crisis engulfing the continent. The man who “broke the Bank of England” in 1992…

Australian appeasement: the slow boat to China

Australian foreign minister Bob Carr was interrogated about Australia’s alliance with the US in three separate meetings with Beijing’s leaders last week. “Make no mistake, the re-emergence of China, and…

Dangerous liaisons: Greece flirts with disaster

“I don’t envisage, not even for one second, Greece leaving the euro area. This is nonsense; this is propaganda.” That’s Jean-Claude Juncker, Prime Minister of Luxembourg, chairman of the Eurogroup, speaking…