Why is the world economy is such dire straits? Because too many people, for too long, have assumed that if they have the cash, they can get more money, for nothing.
There’s a fierce debate about how much poker machine reforms will hurt the clubs. There’s no doubt they’ll take a pummelling, but then we have to look at how serious we are about fixing the problem.
NAB’s Rodrigo Catril says Biden’s pledge to make sure everyone pays their share has hit equities in the US, whilst demand for bonds has risen as investor chase yield. https://t.co/Hf1gIPCULz