Would you trust Trump with $26.6 trillion?
Would you trust Donald Trump with $US20 trillion ($26.6 trillion) of debt? How about lending him another $US7 trillion or so on top of that? You wouldn't be alone in thinking twice about the prospect.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
Would you trust Donald Trump with $US20 trillion ($26.6 trillion) of debt? How about lending him another $US7 trillion or so on top of that? You wouldn't be alone in thinking twice about the prospect.
The caveat has go up front: given his propensity for lying, exaggerating and generally raving, nobody can know what Donald Trump will actually do as president. He probably doesn't know himself.
The GFC was quite scary at times. President Trump worries me much more.
You know the hordes complaining about credit card interest rates of 22 or 23 per cent? They don't know what high interest rates are.
Crystal ball gazing is a tough job, but the central bank still has to do it.
The east coast housing boom is feeding on itself – an expectation of higher prices because prices are higher.
The consensus is that we are stuck in a low inflation world for as far as the eye can see.
Malcolm Turnbull's government have had it's political priorities clearly sorted over the weekend.
Ardent Leisure copped stick in many quarters over its desire to reopen the Dreamworld amusement park on Friday.
At first glance, Treasurer Scott Morrison's speech on housing affordability might look like an improvement on his predecessor's "get a job, a job that pays well" advice. It's not.
Search pagination
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.