{"id":4687,"date":"2012-06-21T17:25:40","date_gmt":"2012-06-21T21:25:40","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=4687"},"modified":"2012-06-21T17:25:40","modified_gmt":"2012-06-21T21:25:40","slug":"a-tilt-in-australian-liberalism-macrobusiness","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/21\/a-tilt-in-australian-liberalism-macrobusiness\/","title":{"rendered":"A tilt in Australian liberalism &#124; MacroBusiness"},"content":{"rendered":"<p><strong>Houses and Holes<\/strong>: As I have noted in the past that, for the most part, Australian political economy is divided pretty simply into two teams. On one side you have a kind of bastardised social liberalism in which trade union thugs wield power via the Labor Party and are supported by a cultural community of Irish-Catholic derived \u201cbattlers\u201d. On the other side, you have an equally bastardised neo-liberalism in which corporations wield power via the Liberal Party and are supported by a cultural community of English-Protestant derived \u201cbludgers\u201d. Whether the members of either team are from Vietnam, Israel, Lebanon or Lapland, rich or poor is irrelevant. This is our tribal political culture&#8230;&#8230;<\/p>\n<p>via <a href=\"http:\/\/www.macrobusiness.com.au\/2012\/06\/a-tilt-in-australian-liberalism\/?utm_source=Media+List&amp;utm_campaign=29fea2563d-RSS_DAILY_MAILCHIMP_CAMPAIGN&amp;utm_medium=email\">A tilt in Australian liberalism | | MacroBusiness<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Houses and Holes: As I have noted in the past that, for the most part, Australian political economy is divided pretty simply into two teams. On one side you have a kind of bastardised social liberalism in which trade union thugs wield power via the Labor Party and are supported by a cultural community of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/21\/a-tilt-in-australian-liberalism-macrobusiness\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;A tilt in Australian liberalism &#124; MacroBusiness&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40],"tags":[290,2046,2094,2693],"class_list":["post-4687","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","tag-australia","tag-labor","tag-liberal","tag-political-divide"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>A tilt in Australian liberalism &#124; MacroBusiness - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A tilt in Australian liberalism &#124; MacroBusiness - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Houses and Holes: As I have noted in the past that, for the most part, Australian political economy is divided pretty simply into two teams. 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He co-founded Incredible Charts and writes the popular Trading Diary and Patient Investor newsletters. Using a top-down approach, Colin identifies key macro trends in the global economy before evaluating selected opportunities using a combination of fundamental and technical analysis. Focusing on interest rates and financial market liquidity as primary drivers of the economic cycle, he warned of the 2008\/2009 and 2020 bear markets well ahead of actual events. 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Beyond a corruption of liberalism, the idea of a monolinguistic and monocultural Australia is only plausible if we deny who we are.\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":28345,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/10\/14\/american-culture-through-the-eyes-of-wang-huning\/","url_meta":{"origin":4687,"position":1},"title":"American culture through the eyes of Wang Huning","author":"Colin Twiggs","date":"October 14, 2021","format":false,"excerpt":"China's foremost intellectual and member of the seven-man Politburo, Wang Huning, argues that society\u2019s \u201csoftware\u201d (culture, values, attitudes) shapes political destiny as much as its \u201chardware\u201d (economics, systems, institutions). Wang\u2019s argument is simple: it is a society\u2019s cultural factors (rather than its economic organization) that create its politics. Changes in\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13068,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/04\/01\/megalogenis-australian-panic-macrobusiness\/","url_meta":{"origin":4687,"position":2},"title":"Megalogenis: Australian Panic! | MacroBusiness","author":"ColinTwiggs","date":"April 1, 2016","format":false,"excerpt":"From Unconventional Economist at Macrobusiness: .....George is back, this time with The Australian Panic in a new Quarterly Essay: In this urgent essay, George Megalogenis argues that Australia risks becoming globalisation\u2019s next and most unnecessary victim. The next shock, whenever it comes, will find us with our economic guard down,\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9837,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/20\/use-land-taxes-to-plug-budget-holes-macrobusiness\/","url_meta":{"origin":4687,"position":3},"title":"Use land taxes to plug budget holes || Macrobusiness","author":"ColinTwiggs","date":"May 20, 2014","format":false,"excerpt":"Great post from Unconventional Economist (reproduced with kind permission from Macrobusiness) gets to the heart of the current budget stoush. Cross-posted from David Collyer at Prosper Australia Sometimes, through the smoke and fireworks of the national debate a political commentator sees the path forward and points the way. Today in\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Land Taxes","src":"https:\/\/i0.wp.com\/www.macrobusiness.com.au\/wp-content\/uploads\/2014\/05\/ScreenHunter_18-Jul.-05-10.22-200x200.gif?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4199,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/04\/24\/basel-takes-aim-at-mega-bank-macrobusiness\/","url_meta":{"origin":4687,"position":4},"title":"Basel takes aim at Mega Bank &#8211; MacroBusiness","author":"Colin Twiggs","date":"April 24, 2012","format":false,"excerpt":"Deep T: On the one side we have an Australian housing market which is close to the most unaffordable in the world with mortgage debt at 100% of GDP also close to the highest of any country, yet Mega Bank [the Big Four banks] calculates its minimum capital requirements at\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6432,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/10\/pettis-australia-should-be-pessimistic-macrobusiness\/","url_meta":{"origin":4687,"position":5},"title":"Pettis: Australia should be pessimistic &#124; MacroBusiness","author":"Colin Twiggs","date":"December 10, 2012","format":false,"excerpt":"Michael Pettis writes about the latest Australian government White Paper Australia in the Asian Century that projects an average 7% GDP growth rate for China between 2012 and 2025: This seems to put the Australian government among the most optimistic in the market when it comes to long-term growth expectations\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4687","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=4687"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/4687\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=4687"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=4687"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=4687"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}