Smooth sailing from here on?

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Renegade Economists Show #278 Listen to the show Subscribe to the podcast This week on Renegade Economists we’re talking to Phil Anderson, an economic forecaster of business cycles and director of the Economic Indicator Service. Phil’s an optimist and is expecting this cycle to be a strong one. Cheap energy and cheap money are the triggers for a new American … Read More

Event: Asset Bubbles Forever

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Tuesday March 2nd, 6.30 – 8pm Phil Anderson With land prices increasing $766 a DAY in the December quarter, Phil Anderson will analyse economic prescriptions and asset bubbles. Are bubbles essential for banking liquidity? Who is meant to borrow this credit and for what? Phil Anderson, Director of Economic Indicator Services and author of The Secret Life of Real Estate, … Read More

Review: The Secret Life of Real Estate

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Review by Mason Gaffney, May 2009 available from our bookshop – $50 hardback This is an exciting, important and timely work; it will sell well. Anderson has ferreted out and marshaled dozens of sources on the 18-year cycle of boom and bust in real estate, its history, its mechanics, and its dynamics. Some sources are old and neglected; some are … Read More

The Subprime Primer – Stickman style

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With more banks reporting massive write downs this week (Bank of America reported a 41% drop in quarterly earnings), we thought it timely to publish this funny take on how the subprime banking model was supposed to work. Flick through this humorous powerpoint, complete with lively stickman descriptions on how this financial quagmire makes sense/ cents for some. Please Note: … Read More