Today, the mask has slipped a little more at macrobusiness, as the boys have written – this time in plain English – what had previously been a respectfully unspoken subtext:
Macrobusiness looks in the mirror. Sees Shayne Elliott. Or black kettle, or something.
Today, Macrobusiness slanders prominent EZFKA institution (ANZ) and eminent EZFKA resident (CEO, Shayne Elliott), accusing them of being whiny biatches:
Macrobusiness does the Humpty Dumpty on inflation. Poorly.
A good dozen years ago, my mate Mish wrote “Humpty Dumpty On Inflation“, where he lamented the slipperiness of definitions and the use of slippery definitions, by slippery types, to deny inflation or deflation, or any-other-flation: ‘When I use a word,’ Humpty Dumpty said, in a rather scornful tone,’ it means just what I choose … Read more
Macrobusiness true to form, 100% wrong on Bitcoin. Doubles down.
Well looks like Macrobusiness has done it again, being 100% wrong on a hysterically dramatic, deliriously hubristic call. In an unusual turn of events, this one took a whole 24 months to be proved 100% wrong, rather than the traditional 18 months. In compensation, however, the call has proven not merely 100% wrong, but more like 256% wrong!
Postcards from EZFKA delivered to MB deflation imaginarium
Macrobusiness has been obstinately banging on about the terrible deflationary forces bogeyman for longer than one cares to remember. They have become, it seems, the spiritual successor to the Steve Keen (and Ed Karan before him).
Well, that didn’t take long – open schools screw up Victorian covid lockdown
In a recent post, it was predicted that opening schools after insisting on months of lockdowns would be a hoot, but also a bit of cool comeuppance for those fearful types who begged for and praised the lockdowns while praying for some kind of change:
Peachy Prediction: constant catfish – Macrobusiness to fawn over Ardern’s property promises, be disappointed in 18 months (updated)
Over the weekend we have seen Jacinda Ardern’s Labour party in New Zealand claim victory in the parliamentary elections.
The Age: transient crowdy foreigners define EZFKA
Today the Ministry of Truth officials Millar, Vedelago and Hall announce that it is foreigners crowding in small spaces that define the southern capital of the EZFKA:
Macrobusiness to house-less EZFKA residents: “Let them live in projected completions!”
In an increasingly shrill promotion of its “glut cult” today Macrobusiness has suggested that any EZFKA resident who doesn’t already own a residence (ie looser) should be quite content to make themselves cosy in a projected dwelling completion:
Macrobusiness merrily lands into same hole it has been falling into For decade… Accuses others of not learning
Today at Macrobusiness the boys moan:
It’s the same every time we face this question. The same tired people. The same reactionary arguments. The same lack of imagination. All have resisted rate cuts for years, been wrong the entire time about it, yet they never let up nor learn.
https://www.macrobusiness.com.au/2020/10/mother-of-god-our-monetary-economists-are-hopeless/
ironically, they almost immediately get to repeating their own tired dogma, which has been constantly wrong FOR A DECADE…
Melbourne has likely seen the lows of virus infections
So apparently Victorian schools have gone back to in-classroom learning this week. It should therefore be expected that virus diagnoses will bounce and them Mexicans will never get to their target of 5 or fewer per day.
Laughs on those fearful types who advocated the months and months of house arrest for all residents for a goal that can only be hit by sheer luck.
Macrobusiness misunderstands EZFKA, doubles down on housing oversupply fantasy, gets ready to be monstrously embarrassed
Today Macrobusiness reprised its housing oversupply fantasy, repeating exactly the same arguments, but adding a few new charts.