Image: en.wikipedia.org

World Economy Likened to an Ocean Liner Without Any Lifeboats

HSBC economist Stephen King has likened the world economy to an ‘ocean liner without lifeboats’. His dire warning (first reported in the UK Telegraph) comes as the world economy zig-zags through a field of...
Simon Cowan image: http://www.cis.org.au/research-scholars/cis-research-scholars/author/828-cowan-simon

CIS Warns of Australia Becoming a Welfare Nation

Economic experts have predicted Australia’s welfare budget will explode by $37 billion (according to the forward estimates), unless changes are made immediately. The budget-blowout will make more than half...