Top Five – Aussie Singles

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After Sound Relief yesterday – where Tony and myself completely lost the plot on the Climate Change thread – I was wondering what your top five Aussie singles are?

Off the top of my head, my Top Five are:

  1. Under the Milky Way – The Church: I saw a remix on a DVD of the boyf a few weeks ago – great version.
  2. Friday on my Mind – The Easybeats: almost perfect pop.
  3. Khe Sahn – Cold Chisel: “gonna hit some Hong Kong mattress all night long”
  4. Great Southern Land – Icehouse: Iva did a great version last night.
  5. What about me – Moving Pictures:  Come on, it has timpani in it.

I think that after some blogocrats put up their top five singles I might have to re-do mine as I would have forgotten something vital.

Good News: New housing boom tipped for H2 2009

I’m far from convinced that a continuation of the housing boom will kick off again anytime soon, nor do I believe that should it miraculously occur, that it would be a good thing.  Simply put, we’d be continuing down a line that only adds to the $1 trillion in private debt we’re already carrying.  Let’s not forget that the economy and employment is unlikely to support it anyhow. Continue reading

Global voices tackle the economic crisis

Mong Palatino, a Filipino currently living in California, has produced the first of two posts for Global Voices on the global economic crisis, Global recession and its discontents

This post is an attempt to describe the social impact of the great financial crisis as seen and felt by ordinary citizens around the world.

The most commented signs of the crisis are the Wall Street crash and the collapsed housing industry in the United States. Without belittling these unfortunate economic disasters, we should also highlight other symbols of the crisis which people around the world are witnessing and experiencing everyday.

For example, the economic downturn is forcing many South Koreans to change or abandon their travel plans. This has affected the tourism industry in Brunei which is a favorite destination of many South Koreans. Because of declining number of global tourists, Egypt’s tourism workers are complaining that their salaries are not given on time.