Australia

The automation of the global workplace is spreading and, as Pew recently found, 65% of Americans now believe their job will inevitably be done by robots.

In a low-growth world, every low-skill job is up for grabs by the robot/drone horde as the need to cut costs is core business for every CFO (aside from share buybacks) as minimum wage mandates have forced these cost-cutting CFOs to look for alternatives.

Submitted by James Stafford via OilPrice.com,

With lithium prices skyrocketing beyond wildest expectations, talk heating up about acquisitions and mergers in this space and a fast-brewing war among electric car rivals, it’s no wonder everyone’s bullish on this golden commodity that promises to become the ‘’new gasoline”.

Moreover, land grabs, rising price predictions, and expectations of a major demand spike are leaping out of the shadows of a pending energy revolution and a new technology-driven resource era.

Submitted by Pater Tenebrarum via Acting-Man.com,

Perverse Incentives

We haven’t written about Australia’s residential real estate bubble for some time (readers may want to check out last year’s post “Australia’s Bubble Trouble”, which contains numerous relevant charts and data).

Property auction in Sydney