Everything You Didn’t Care to Know about Australian Politics

I’ve been fairly harsh on the UK and the US because I like focusing on what neoliberal economics does to a country. The UK under Thatcher and the US under Reagan have brought about wonderful case studies in the harsh results of late-stage-capitalism, if you know where to look and you’re wearing the right pair … Continue reading Everything You Didn’t Care to Know about Australian Politics

Breaking the Bankers Part 2: LIBOR

[Transcript follows] When people angrily shout about the finance industry; “It’s not real! They’re just moving numbers around on paper!” Probably the best example that comes to mind is the derivatives market. Warren Buffet famously called them “a financial weapon of mass destruction”, and a bunch of angry autistic men in suits use them to … Continue reading Breaking the Bankers Part 2: LIBOR