Kate Mackenzie





Reblogged from markdow
Behavioral Macro: Why we misinterpret Chinese RRR cuts

markdow:

A quick comment on China’s RRR cuts: The underlying mechanics of Chinese RRR cuts and their implications for the country’s monetary policy stance still seem to be misunderstood.

A Chinese RRR cut is NOT like a rate cut in the developed world. And it does not necessarily signify an easing of…



Reblogged from explore-blog

I don’t usually like these sorts of talks but, it’s Mefi.. 

explore-blog:

MetaFilter founder Matt Haughey’s “Lessons from a 40-year-old” are brimming with tech and entrepreneurship wisdom for any age. Listen and absorb.

(ᔥ Coudal)



“ Ms. Katseli, an economist who was labor minister in the government of George Papandreou until she left in a cabinet reshuffle last June, was also upset that Greece’s lenders will have the right to seize the gold reserves in the Bank of Greece under the terms of the new deal, and that future bonds issued will be governed by English law and in Luxembourg courts, conditions more favorable to creditors. Growing Air of Concern in Greece Over New Bailout - NY Times


Great Keppel Island resort. Shut down. 

Great Keppel Island resort. Shut down. 



THIS is what I’ve been saying re Australian middle class welfare!!

The result is that it’s a major problem to means test the 30 per cent health insurance rebate so that individuals earning $124,000 and families on $248,000 won’t get any help. All of a sudden lots of people on that sort of money are battlers now. Why? Because of debt.

There aren’t enough exclamation marks in the world to represent my sense of triumph now that even Kohler is saying it. And he articulates it quite well. 

Unfortunately his rationale for rising house prices and pay-off line for the column are not so  good. 



Reblogged from teenageodyssey
“ I’ve dreamt in my life dreams that have stayed with me ever after, and changed my ideas; they’ve gone through and through me, like wine through water, and altered the colour of my mind. Emily Bronte, Wuthering Heights (via shannonpareil)

(Source: teenageodyssey, via shannonpareil)


“ In October, John Paulson, the hedge fund manager who made billions betting that large numbers of subprime borrowers would default on their mortgages, issued a statement claiming that his hedge fund Paulson & Co has created over 100 high-paying jobs in New York City since it was founded. Indignant rich round on protest movement - FT

Reblogged from thepeoplesrecord
thepeoplesrecord: Occupy Dallas’ culture committee has been doing reverse graffiti (eco-graffiti) in Deep Ellum by cleaning off grime on pillars caused by car exhaust. 

thepeoplesrecord:

Occupy Dallas’ culture committee has been doing reverse graffiti (eco-graffiti) in Deep Ellum by cleaning off grime on pillars caused by car exhaust. 

(via shannonpareil)



XMAS SWAGGER by Princess Superstar (by psupahstar)


Reblogged from dminkin
Why aren’t more adverts like this…

Why aren’t more adverts like this…

(Source: dminkin, via felixsalmon)