More uni, less productivity
See for yourself: I don’t have a statisica membership or the desire to collate the raw data…but if anyone here does, it’d be great to do a proper productivity growth vs population % gone to uni and get the r value.
See for yourself: I don’t have a statisica membership or the desire to collate the raw data…but if anyone here does, it’d be great to do a proper productivity growth vs population % gone to uni and get the r value.
The proles are either the offspring of legacy EZFKA units or recent imports. Recent imports will be put down if they revolt, and most are factory seconds so they are glad to be here almost regardless of conditions. Legacy EZFKA units are usually one of only one or two offspring so the inheritence will see … Read more
I reckon we need merch. Such things can be made up on demand so we would not need to carry inventory. e.g. https://ogo.com.au/ It could be a potential profit centre, but I’d prefer to do it at cost price. Let’s get our message of hopelessness and despair out there! Maybe we can pool our resources … Read more
The 2021 census said there were ~1.45 million people aged 15-19. Let’s assume that’s evenly distributed across that age range. Then we can say that ~1.5 million/5 =300k people are aged 18. The government is now importing people at the rate of 400k people per year. That’s more people each year than come of age each … Read more
So far: I am not well read about these events and so hesitate to draw these two events together. Maybe some of you can comment on that. This is related: https://www.economist.com/finance-and-economics/2023/03/20/credit-suisses-takeover-causes-turmoil-in-a-275bn-bond-market “When things go sour and trigger points are reached—such as a bank’s capital falling below certain levels relative to assets—the bonds convert to equity or are … Read more
Thoughts: Ownership market Rental market I don’t have a read on the weights of each of these factors or a model that can combine them. My gut feeling is that rates will resume rising after a lull caused by the Chinese resumption of production following the end of COVID zero and the working out of … Read more
From Kaiko Research via Zerohedge: “On Monday, Hong Kong made its intentions clear to open the door to crypto trading for retail. Reports claim that China is quietly encouraging the move, using Hong Kong as a testing ground for what safe crypto trading might look like. The Hong Kong Securities and Futures Commission (SFC) outlined … Read more
Only the red countries or regions on the map mandate bicycle helmets by law and enforce them with fines. Australia’s laws on this are not “world class”, “progressive” or even reasonable. They are just one of many symptoms of an overly powerful public health and safety bureaucracy and a polity that is either well conditioned … Read more
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