Australian Banks

Autonomous car

When Failure Is Winning

Euro Banks MoneyChina is churning out oceans full of unprofitable steel because it’s the only way it can keep economic growth from stalling. To state the obvious, this is an unsustainable growth model.

Break up the Banks

falling graph of stock marketIf taxpayers are the implicit backers of troubled banks, the banks should pay a fee for it. As it stands, they’re getting a free ride, and no doubt loving it.