Two important issues in global affairs at present are economic bubbles and the continuing social media deplatforming of right wing news outlets. To discuss these developments I was joined by Editor at Large of The Unshackled and global politics expert Steele Archer.
In Australia house prices have continued to grow partly due to continued low interest rates which is a policy that been replicated across developed economies, a key sign of an economic bubble. However now housing prices are slowing down globally with central banks saying this is a good thing. But this is happening with rates close to zero which means that an economic collapse is pending. Low wage growth is also an indication that the growth in value on assets is not a sustainable economic expansion.
The biggest real estate bubble isn’t in London, San Francisco, or New York – Quartz
Slowing housing market and falling prices welcome, RBA governor Philip Lowe says – ABC News
Wages maintain sluggish growth of 2.1 per cent over the year – ABC News
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Waves Ep. 175 Infowars Deplatformed
Gavin McInnes and Proud Boys Accounts Suspended by Twitter
Waves Ep. 177 Proud Boys Deplatformed
MasterCard forces funding platform to drop anti-jihad activist Robert Spencer – American Thinker