Real Economics here, your one and only source into the world of Australian Economics.

Did someone mention a two speed economy? Well here is the data that proves such a statement. If you can imagine this data on the map of Australia you would see a line straight through the middle of the country, with the northern part booming, and the southern states appearing to be almost in a recession. At this rate Ritchie will be out of a job before long. xoxo Real Economics.

Source: ANZ

Real Economics here, your one and only source into the world of Australian Economics.

Where did all the money go? 

The above link is to an interactive article which tries to answer that fabled question. Also check out the video for a lighter look on the European situation from the infamous Clarke and Dawe. xoxo Real Economics.

Real Economics here, your one and only source into the world of Australian Economics.

The above chart is of the unemployment rate in Europe, as well as some individual European countries. The data tells as that broadly speaking, labour conditions and living standards are still on the down slope, although there is a glimmer of hope in Finland, one of the countries hit hardest in the Global Financial Crisis (GFC). The same cannot be said for other nations, especially Greece and Spain.

With Greece sitting at just under 22 per cent unemployment and Spain right on 24 per cent, both rates appear to be growing at a considerable pace. Alarming as this graph is, it does not show the youth unemployment rate, which in Spain is a mind-boggling 50 per cent!

At this time it should be noted that although Real Economics is an unbiased and impartial report, it is hard to remain positive when trying to foresee the future of the European economy, not to mention the Global economy. xoxo Real Economics.

Real Economics here, your one and only source into the world of Australian Economics.

The following link is to an article about the recent slump in the Australian Dollar. Check it out here.

Due to uncertainty in Europe the AUD reached a six month low on Wednesday and is currently sitting at around $USD 0.975.  Do you think that the Australian Dollar will continue to fall agaisnt the Green Back as the conditions in Europe will surely worsen? If so, how low will we see the Australian Dollar go? xoxo Real Economics.

Above is an interesting graph depicting the price of Copper over the past year and a bit. Copper is a great indicator of production, as it is used to make almost all electrical goods. Do you think the dip we are seeing now will continue and is it an accurate representation of the economic climate ahead? xoxo Real Economics.

Real Economics here, your one and only source into the world of Australian Economics.

It appears someone in the Ritchie household has soiled themselves, and it isn't little baby Eli. One does not normally open their email account to be faced with hate mail from a disgruntled rival, but alas, these are no ordinary circumstances. An email from Mr Ben Ritchie read:

"Can’t get my post is unauthorised according to your half-baked, backyard dodgy blog… so can you post my message for me?(see below

“I'm emboldened and pleased by such self-assuredness..but know this, Ritchie is not one to rest on his laurels, he is listening to the people and rest assured Bando inc., the new Blog is coming and it's going to 'blow you're collective minds'...”

Regards

Mr Ritchie"

This blatant disregard for my pure intentions to create a blog for the study and education of economics is offensive, distasteful and outright rude. Some say the best way to fight fire is with fire. However in this situation it is not the case. I am getting back to business, economic business. So stay tuned for a new post coming up soon.

xoxo Real Economics.

Real Economics here, your one and only source into the world of Australian Economics.

Ladies and Gentlemen, prepare yourselves for a new generation of Economics blogging. Brace yourselves as you are launched into the real issues of Australian and International Economics, receiving a balanced, comprehensive and yet easy to understand view on what is happening near and a far. Unlike "other" Economics blogs, Real Economics will provide you with the information you need, when you need it.

So tell your friends, family and associates there is a new voice in town. xoxo Real Economics.