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Economy Finance

Banks Printing Money

#Banking #Money #Economy The public is beginning to learn that private Banks are “printing” money out of thin air. References https://www.theaustralian.com.au/nation/politics/big-four-banks-just-creating-piles-of-money/news-story/c87faa72a76d3bd2143fe0d6b088186f

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The Ralan Group

Investors Lose Millions in the Ralan Group Collapse

#RalanGroup #Collapse #Investing Investors are losing millions of dollars because of the Ralan Group Collapse. Buying off the plan isn’t risk-free. References Chinese-Australian property investors stand to lose millions in collapse of apartment developer Ralan Grouphttps://www.abc.net.au/news/2019-09-17/property-developer-collapse-sees-investors-facing-huge-losses/11492920

Categories
Economy

Uber Accused of Modern Day Slavery

#Uber #UberEats #GigEconomy The Transport Workers Union is comparing voluntary agreements between Uber and their contractors with slavery. This is how industries and opportunities for individuals are destroyed. References ‘It’s modern slavery’: UberEats drivers say they were paid equivalent of $5 an hour https://www.news.com.au/finance/work/at-work/its-modern-slavery-uber-eats-drivers-say-they-were-paid-equivalent-of-5-an-hour/news-story/a09d6b019e0b6e3c8e6d1d9b3bd63561?fbclid=IwAR1JYi2J4q8Y-vd4MrUFaeZx5Ua3U_rxs8vPdV-ONqM2C9o7MCKsSSWh_Kg