robert2013 
Have I encapsulated Australian multiculturalism in one pithy sentence? I asked DALL-E to draw a foetus growing in a plastic bag for the image. That, I believe, is the ultimate destination of multiculturalism: the detatchment of humanity first from the land and then from family, with the goal of permanent attachment to systems run by … Read more
Regardless of the merits of the arguments, a day to celebrate Australia has to be a day that everyone can participate willingly in. It’s clear that 26th January cannot be that day anymore. I think that there should be a random number drawn from on New Year’s Eve to allocate the public holiday. It should … Read more
“Every time one of the international community of instructors has tried to take a lesson, they have been harassed, to the extent that they can’t teach their lesson,” Mr Todd said. “They’re physically intimidating us, threatening us, trying to take away our lift passes, trying to remove our ski equipment and stopping us from being … Read more
Is there price discovery behind BTC or is it just insiders jimmying the price higher to get some money out? Is there a diffference? My hunch is that $20k is the new base for BTC like $5k was after the 2018 massacre. It gets a bit below, it goes a bit above, until the next … Read more
Most commentary I’ve been following says that an American recession is on the cards, but they argue about its depth. Nouriel Roubini (https://nourielroubini.com/a-stagflationary-debt-crisis-looms/) says that the world is in deep shit….but he always says that. I think it’s too early to call inflation baked in. We’re only just exiting the post-covid boom…and China is just … Read more
Stagmal’s and Coming’s chatbot written stories were pretty funny, but given all it has learned maybe the chatbot can make decent predictions. https://chat.openai.com/chat Here’s some I tried:Me to chatbot: With a population breeding below replacement, the government decided to increase immigration to keep the economy moving and house prices rising. What happened next? As the … Read more
https://www.smh.com.au/national/women-are-furious-about-the-lehrmann-trial-outcome-men-should-be-too-20221202-p5c39i.html Mostly a bunch of disingenous words from an activist pretending to be a journalist. Let’s start with the headline: “Women are furious about the Lehrmann trial outcome. Men should be too”Which women? Which men? She never says. I’m sure some women are furious (and aren’t) and the same for men. The piece begins with … Read more
Aboriginal themed ‘limited’ edition Roses tins on sale at supermarkets just in time for Christmas. I will not pay to subvert my culture any more. This post is brought to you by the need to post something somewhat genuine after Stagmal’s total bullshit ‘new thread’ where someone had the nerve to say that MB was … Read more
Democracy only works because the losers are prepared to accept the rule of the winners on the basis that they are the same people, representing the same goals, albeit with a different view on how they can best be reached. There are more and more people in Australia (eg most contributors here) and other democracies … Read more
Way back in 2008 the power of good government was used to rescue the finance industry by effectively buying all their bad debt. Government paper was printed by the trillions and by some miracle it never resulted in inflation, because it never got to the man on the street, only to asset prices. Then came … Read more
I think DLS could well be right about AUD hitting COVID lows, but how to position and what to expect? Right now with QT (or at least no QE) there is a global dollar shortage. With rising rates as well, returns on USD look better than many other assets. Shorting AUD for USD will currently … Read more
Narrative has been weaponised for a very long time by skilled operators. The growth of mass media in the 20th century greatly facilitated it, the dangers well observed many decades ago by Orwell, Huxley and others. It’s growth was necessary because of dissolution of communities through people moving away to cities. There were no grape … Read more
Daily case number chart from the WA COVID dashboard: https://experience.arcgis.com/experience/359bca83a1264e3fb8d3b6f0a028d768 Experiencing this chart made me convinced that masks do make a difference….but if that’s the case why was it only a spike and not a sustained increase in daily case numbers? Comments?
The narrative seems to be that markets are now betting on the Fed doing a U turn. I’ll wait till the next inflation figures and interest rate announcements before throwing money around. Other things I thought interesting the last couple of days: Apparently ANZ has developed an AUD stablecoin. Seems pretty pointless given that you … Read more
I’ve been accumulating these for a while to share…some might be a little dated, but some good reading to be had. Auspol Overall deaths in Australia – where nearly everyone is vaccinated – are spiking. Fertilizer Australia > Fertilizer Industry > Australian Fertilizer Market USA From Court-Packing To Leaking To Doxxing: White House Yields To … Read more
I came across this 10 minute summary of Harbert Marcuse, a popular marxist intellectual (is that an oxymoron?) in the 1950s and 60s. He sold lots of books and held several academic positions. His proteges continue their activism to this day.
The narratives I’ve heard about the shortages say they are driven by: Lockdowns (now only in China) People taking time off sick post lockdown, exaggerated by isolation requirements Some people banned from working due to vaccine mandates Limited immigration (not enough low paid workers to get low skills but essential jobs done) Spending during the … Read more
The non-nation New Data Shows The Mass Exodus Of People From Australia Continues Dear RBA, DO NOT HIKE INTEREST RATES – MacroBusiness Mark McGowan is impinging on human rights: human rights commission Solomon Islands-China deal: Australia won’t send defence, police personnel to work alongside Chinese forces Showdown on the Corral Sea, with Australia adrift in … Read more
I have long considered that the jurisprudence that dominated before the 1950s (or so) was correct: it is not the job of courts to apply the law vastly differently to how it was intended when it written. If society moves on then society needs to change the law, not expect the courts to deal with … Read more
Mark Latham commented on NSW maths results on Sky News arguing that the introduction of wokeness into the curriculum and the lack of specialised teachers lay behind the accellerating declines in performance https://www.facebook.com/MarkLathamsOutsiders/posts/7343436572364285 Many people will disagree reflexively with Mr Latham perhaps because he’s appearing on Sky News and represents One Nation, but there is … Read more
So this weekend links is very similar to last week’s, mainly because I haven’t been reading as much and because lasts week’s were really earlier this week’s and got mostly ignored due to other posts being funnier and pithier. The non-nation: How philosophy gave up on the truth – UnHerd Alan Kohler: Soaring house prices … Read more
Since the long weekend is nearly over, I am not calling it weekend links. I’ve been saving these up to share with you for a while. What an honest leaving-do speech would sound like | The Economist Coalition senator blasts Liberal Party’s ‘mean girls’ Alan Kohler: Soaring house prices have changed society for the worse … Read more
Someone sent this to me and I thought you should all know.
We need to have a discussion about how we’re going to host and run this site. Key questions: Why is the current server falling over? What are the specs needed? Bandwidth (peak MB per day?) Processing speed/time Memory Storage Who is willing to pay and by what means? Many have expressed reservations about paying with … Read more
The Democrats under Biden seem to believe that America and its government are so powerful that anything that they think and say must be the truth, and that any who disagree are wrong and must be cancelled. To fair there is a lot of disinformation and misinformation out there, but head space is a legally … Read more
So Canada’s state of emergency hasn’t been lifted despite the clearing of the blockcade. https://www.dw.com/en/canada-trudeau-says-emergency-not-over-after-blockades/a-60864769 Here’s Trudeau’s words: “After weeks of dangerous and unlawful activities, after weeks of people being harassed in the neighborhoods, [and] after evidence of increased ideologically motivated violent extremism activity across the country,” local authorities needed “more tools to restore order,” he said. … Read more
Offering counselling in the face of a crisis is about as effective offering a chocolate bar when you house is on fire. https://www.afr.com/policy/health-and-education/are-you-mentally-ill-or-just-very-unhappy-20220210-p59vhh PJW reporting contrived racial diversity on TV being noticed on reddithttps://www.youtube.com/watch?v=Pl5GJQE4lCk Quite a good piece on the gas cartel at MB this week: https://www.macrobusiness.com.au/2022/02/betrayed-and-abused-rex-patrick-is-aussie-gas-roadkill/ No surprise the inflation in the USA is … Read more
As Sweden gets rid of restrictions, others double down. A nice summary of covid restrictions in various places: https://www.northstarmeetingsgroup.com/coronavirus-countries-cities-reopening-COVID-19-new-cases Looks like the Wall St ESG crew are not as powerful as I thought:https://www.reuters.com/business/energy/oil-nears-100-barrel-us-drillers-get-busy-costly-shale-basins-2022-02-08/ If shale oils comes back online in numbers it will keep a lid on oil price hikes, thus limiting inflation. We can … Read more
So Australian Unions sent me an email the other day saying that wages rise only because of union involvment not labour shortages. It linked to this: So I replied: Jim Stanford points out: “Wages are not the automatic outcome of supply and demand forces.” That may be true, but deliberately ignoring supply and demand in … Read more
According to the New Daily “Voters in coal and gas heartlands are ready to cash in on a clean energy future”. Reading on “the coal and gas heartlands of New South Wales and Queensland” is what they’re talking about. I.e. including Sydney and Brisbane. Click bait propaganda again. https://thenewdaily.com.au/opinion/2022/02/03/voters-want-clean-energy-future/ I’m all for free electricity from … Read more
