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Thumbnail image for The MASTERPLAN Part 3 – Government Debt (with podcast)

The MASTERPLAN Part 3 – Government Debt (with podcast)

It is a staggering amount of money, almost incomprehensible but currently the United States Government is running a General Fund debt of approximately $11 trillion. I find it too hard to fathom but they really are – what are they thinking? The US Debt is spiraling out of control. On October 18, 2005 the outstanding US Public Debt past $8 trillion and is increasing by approximately $1 trillion each year. Put another way the US Public Debt increases by approximately $3.6 billion US each day.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: High Speed Trains for Australia

Michael Marquette’s “View from the Bridge”: High Speed Trains for Australia

Sydney real estate agent, Michael Marquette, looks at the vital need for the Federal Government to build high speed trains in Australia. If public debt is necessary, particularly during the credit crisis, at least fund infrastructure. Growing household debt, often for real estate as a consequence of the First Home Owners Grant, is a crisis that will not go away.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: Spending Frenzy, Recession, and Real Estate

Michael Marquette’s “View from the Bridge”: Spending Frenzy, Recession, and Real Estate

Michael Marquette, Partner at Marquette Turner Luxury Homes, looks at how real estate in Australia continues to suffer by the senseless need to use credit as if it were “free cash”.

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Thumbnail image for Michael Marquette’s “View from the Bridge”: Australian Real Estate Hype

Michael Marquette’s “View from the Bridge”: Australian Real Estate Hype

First home buyers have certainly paid far too much for their sub-$500,000 properties with the assistance of the First Home Owner’s Grant. Many employers are pushing for wage freezes for the next 2 years and some are asking employees to work less or job share. Foreign Banks are retreating back to their home bases and reducing the size of their workforce. Credit availability is still scarce with Governments all around the world requiring massive amounts of finance to sustain enormous deficits.

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Thumbnail image for WISE GUY: Political Sweetners are no Jackpot

WISE GUY: Political Sweetners are no Jackpot

Michael Marquette: When looking at the $950 “supposed” stimuli cheques that the Federal Government has sent to out to millions of Australians, it’s hard not to wonder if the money could have been better spent. To my way of thinking the $950 payments did nothing but encourage the outrageous and out of control spending that has contributed so much to the current problems we face in the world.

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Thumbnail image for Michael Marquette’s “View From The Bridge”: The Budget & My Two Cents

Michael Marquette’s “View From The Bridge”: The Budget & My Two Cents

Michael Marquette : With the budget released tonight, there will be few winners. International circumstances and those closer to home – such as our obsession with debt – are two main reasons why.

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Thumbnail image for The MASTERPLAN Part 2: Credit Cards, Consumer Credit & Endless Economic Growth (with podcast)

The MASTERPLAN Part 2: Credit Cards, Consumer Credit & Endless Economic Growth (with podcast)

Australians owe approximately $45 billion AUD on credit cards and is ranked as the third most indebted nation in the world when comparing total household debt to Gross Domestic Product (GDP), behind the UK and the US. … Who hasn’t seen a television commercial offering credit cards with low introductory interest rates on balance transfers (except for cash withdrawals which instantly are charged at the top rate) to entice people to further increase their personal debts?

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Real estate and mortgage broker - Photo by Austin Distel on Unsplash - Marquette Turner Luxury Homes

Sorting Your First Home Loan

In Australia and New Zealand buying your first home can be a challenge, but it is one worth striving for, as there are benefits to home ownership that stretch beyond simply having housing security, but sometimes saving that initial deposit is even harder than paying off the loan.  Very few people can buy a home […]

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United Kingdom Real Estate Resources

United Kingdom Luxury Real Estate Guide and Resources on Marquette Turner

We have real estate resources  for the United Kingdom listed in numerous categories below. Simply click on the link. Buying & Selling Guides Economics & Statistics Forums & Blogs Landlord & Tenant Laws Mortgages Taxes Yellow Pages & Directories General Country Links Country Description Investment Climate Newspapers, Magazines & Blogs Travel & Tourism Buying Guides […]

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Thumbnail image for Real Estate News Making Headlines Around the World: 14-29 Aug 2010

Real Estate News Making Headlines Around the World: 14-29 Aug 2010

The latest real estate new articles making headlines around the world for the period 14-27 Aug 2010, from such reputable sources as the Wall Street Journal, Reuters, Bloomberg, the BBC and many more.

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