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 the sun (or wind) but it’s pretty clear that Europe has got the transition very wrong. One of the poster childs is the UK. Several years ago they started reporting coal free days. Now, as fossil fuel prices rise, chiefly natural gas, they have started subsidising electricity. Unbelievable policy from a Tory government.
Oil prices are rising heaps. Much of this is to do with the lack of profitability of earlier shale drilling that kept prices down pre pandemic. Couple with virtuous sounding ESG policies from Wall St, the money isn’t flowing into new oil wells. Demand keeps increasing as the world approaches 8 billion people. “nearly 5.5 billion people reside below the take-off point, and their expectations won’t be easily constrained.”
https://doomberg.substack.com/p/shooting-oil-in-a-barrel
The shortage of fuel affects not only transport, but also fertiliser. All that talk about AdBlue and trucking a few weeks ago in Australia, was the result of China not exporting urea. Urea is made in a well known (ie old) chemical process that involves hydrocarbons and air. Urea makes both adblue for trucks and fertiliser. Without it the crops don’t grow. Also, this has been news for months. Looks like the solution is going to be price rises.
https://www.zerohedge.com/economics/farming-insider-warns-coming-food-shortages-are-going-be-far-worse-were-being-told
https://www.abc.net.au/news/rural/2021-01-12/strike-energy-plans-urea-fertiliser-plant-burrup-peninsula/13051000
This will of course contribute to inflation, which the head of Norway’s SWF reckons is here to stay.
https://www.ft.com/content/10fc6f3f-1f45-4cdd-a176-bb4a9d9afa0c
However, it’s pretty benign in Australia right now, althought the downtrend appears broken.
Maybe tech isn’t innovating fast enough.
$2,000 Coat Rack – OWTW
Maybe there are just too many people and it’s all too late anyway:
The joys of immigration and multiculturalism are unbounded.
https://www.dailymail.co.uk/news/article-10467051/Swimmers-screamed-trespassing-Daydream-Island-Great-Barrier-Reef.html
The ACTU’s boat might be changing direction with Sally saying that the drop in immigration was the cause of the current low unemployment rate. Then again, she also seems to blame temporary visas rather than numbers.
ACTU: Don’t return to mass immigration
COVID might be coming to an end (except in WA) so maybe this experiment should have been done at the beginning before vaccines and mandates. “The world’s first “human challenge” trial in which volunteers were deliberately exposed to COVID-19 has been found to be safe for healthy young adults.”
https://thenewdaily.com.au/life/science/2022/02/02/volunteers-exposed-covid-19-challenge-trial/
Finally, Jordan Peterson quits university. Overwhelmed by political correctness. It will only stop when we invidually refuse to be silenced, and defend those who speak their minds against those who would silence them. Thanks to Peachy for this site.
The crypto doomsayers are saying a lot of doom right now, but 50% drops are not uncommon in this most free of markets. Meanwhile, as stocks tank and inflation booms where else are you going to put your money?
https://www.marketwatch.com/story/why-is-bitcoin-rallying-10-friday-crypto-clambers-to-perch-above-40-000-following-jobs-report-11643995529
I look forward to reading your links below.
Apologies. I thought wordpress would convert the links to links. It didn’t. Copy and paste I’m afraid.
Thanks for doing the WE links, very much appreciated
People who contribute article content or discussion are jsut the best!
We need Steve on here from MB
steve
February 4, 2022 at 8:16 pm
OK guys, You win. I’m done.
I am a critical care physician in Sydney who has managed hundreds of C19 cases these past 24 months.
Is it a serious illness? Yes, to a point.
Have we over-reacted? Yes, we have.
Am I vaccinated? Yes, and boosted – albeit with some qualifications. But I support those wth a different view.
In my line of work, the cure can often be worse than the disease. Many doctors refuse treatments that patients (and their families) demand. We know what lies ahead – and avoid it.
https://hms.harvard.edu/news/how-doctors-die
The same is true in public health. Our responses have done more damage than the disease.
History will not judge us well. And we deserve what we get – all history owes people is the truth.
Some people are starting to see this now.
Others will only years later when the full price we have paid starts to become clear.
A major problem is the extreme censorship that these past 2 years. PC on steroids.
Social media has decided what views should be silenced.
Health departments and hospitals and universities have been ruthless at expunging any views that challenge the accepted narrative.
Several colleagues in USA are reluctant to report possible vaccine side effects “Hey, it’s not worth my licence.”
Uni of Melbourne removed Sweden from its Covid tracker in 2021 when Sweden did better than many other European countries – incredible.
When you remove half the bell curve, all you see & read is the half that remains. People seeking balanced information will only be learning from this 50% – they may not recognise that 50% is only part of something larger and more diverse.
It is the same on MB. I was a member for years. Another doctor (was it coming?) left after constant criticism and vitriol. I let my membership lapse after a spray from DLS. I could not understand the depth of ill-feeling. After 12 months away, I decided to revisit as a non-member and see if their was more tolerance, more openness, and perhaps less fear. Sadly there is not.
I feel pretty sure this is not over. Omicron is not the end. It may not even be the end of the beginning. Time will tell.
It has been sad (but to be honest also a bit satisfying) to see the narrative finally start to crumble. Governments are increasingly turning their back on ineffective (or minimally effective) NPI measures. Suddenly we are talking about people dying with rather than from Covid (a conspiracy theory in 2021). The WHO has recently claimed boosters are not the answer. The UK has suddenly reversed its position on compulsory vaccines for HCW. Slowly. And then all of a sudden.
In closing, consider what I might have to gain from trying (unsuccessfully) to argue that we have over-reacted. I don’t have a dog in this fight. I have volunteered some time trying to give some perspective from the front line. Nothing more, and nothing less.
But I’m done. Again.
Have a good pandemic.
He was one of a few that made sense. He will be right, history will not be kind to the current lot of politicians. But the current politicians achieved their purpose of dividing society and extending its reach.
Given the way that DLS treats paying members, EmBee can’t last for too much longer. I couldn’t justify paying $199 a year for groupthink of Scomo bad, St Jacinta is amazing, everything is going to collapse in 18 months, etc.
Another doctor (was it coming?) left after constant criticism and vitriol.
still no one realises I was banned , despite being a fully paid member for many years
I have 20 days left on this membership
obviously it’s pointless to renew, since I might as well start a new account that will at least have the privilege to post comments
im assuming it was DLS who banned me, but thinking back it could well have been Gunnamatta – both of them pompous blowhards
the cvnts are on twitter, if you wanna spray the fuckers publicly
“Does the science support vaccine mandates for people already naturally infected?
Short answer, I don’t think so….”
https://www.youtube.com/watch?v=eK83QqbNOmU
fantastic. I wonder what the responses were. probably something like “yeah right, you’re not a doctor.”
many of us saw where it was going from the outset. but we were shouted down.
Responses are mixed. Skippy is just a retard, sweeper is praising his boss Daniel Andrews and one accused him of being a right wing conservative. However some actually appreciated his posts. EmBee is now an echo chamber of DLS’s and Gunna’s (or whatever he calls himself now) viewpoints.
Fair enough.
Re steve’s post – I think he’s wrong on one point though. History will be written by the governments, politicians, public health specialists, and they’ll all say that they regretted not shutting down earlier and harder etc etc
I’m waiting for the memoirs to start coming out (like they did post GFC; Bernanke, Geithner, etc)
It has become the The Peoples Temple Agricultural Project and Davo Lewd-Smith is the Jim Jones.
Gunna-not-matta will be dispensing the Fla-Vour-Aid (kool-aid) to the masses…
Gunna will eventually get banned when one of his self indulgent screeds is 2999 words instead of standard 3000.
Nah. More likely to be sacked for wasting his time at work writing 15,000 word manifestos.
Hardly surprising. You used to be able to skim past the bad commentary on that site to find some real gems, now its a complete circle jerk.
Great set of links Robert. Thanks for posting.
My pleasure!
When I went to the supermarket this morning, I drove past petrol stations with $1.90 per litre fuel. I noticed the price increase on items. Inflation will not be transitory. They can exclude fuel and food all they like in their CPI figures, but fuel and food are what matters for the working class.
China not exporting urea will be the killer punch in its spat with Australia. The price of food is going up. It will not be pretty. The EZFKRBA will try and polish this turd, but outsourcing key ingredients has come back to bite us.
Reminding me of 2008 where oil prices (and other commodities) rocketed to new all time highs. The reality is oil prices reflect speculation on inflation. This becomes self-fulfilling with commodity prices becoming input costs into everything else… until it all comes crashing down.
the biggest example of inflation ive noticed over the last 5 or so yrs has been beef mince. its doubled in price practically, i could buy a kg of it at coles back in 2015 for $7, now it’s $13 a pack
wages have gone nowhere really in the meantime
One of the best deals for the past couple years were beef ribs. You could get them from Woolies for $13/kg – I’d buy about 3kg of them, slow roast them on the BBQ and have a rib feast and enough left overs to make some sandwiches and a beef ragout with pasta. It was fuckin yum! And the best value.
About we were going to have a BBQ and then decided to have friends over, so thought I’d need a couple extra ribs. Popped back to Woolies to buy some more – overnight the price had gone from $13/kg to $29/kg. Alas the rib protein feasts have now ended ;(
Chris Joye thinks house prices will rise a little more before falling 15-25%. 33% possible with 1% rate rises.
Interest rates Australia: the future of house prices is in the RBA’s hands (afr.com)
If you click the AFR link via his Twitter feed it will bypass the paywall.
christopher joye on Twitter: “The future of house prices is in the RBA’s hands https://t.co/Fwy019A0mo” / Twitter
You can also access AFR articles by fast pressing escape esc esc esc esc esc, just (milliseconds) after the page text (only) has loaded. Try it.
Did know the esc trick. It works. Thanks.
That works almost everywhere there is a partial cover of the article asking you to sign up. Clicking the X to stop the browser further loading about as soon as it loads but before the obscuring is another method.
https://12ft.io/
With so many people who know this it’s now a matter of time before the AFR rewrites their site to be more like WSJ where only a snippet is loaded. Darn.
if you are using either Chrome or firefox install this extension and it will unblock pretty much all the news sites
https://github.com/iamadamdev/bypass-paywalls-chrome
12ft.io also works (link to above article)
Or using Brave and turning off JavaScript w/ AFR
That last suggestion works with MS Edge which is what I use.
If it was a free market, I would agree with Joye. But a 25% drop with high essential items inflation would be a disaster for the financial system. I don’t believe the rubbish that bank can withstand a 40% drop in house prices. The 25% drop will hurt the elite, so populationQE will be expanded as well as super for deposits, etc.
I can’t see house prices allowed to drop more than 10-15%.
25% is just last year’s rises though. Given it’s so recent – from a volume perspective, very little of the banks balance sheets are loans at those valuations.
because of this I think RBA etc would allow a 20% drop. If the current levels are maintained for a few more years, then the game changes & ezfka elites would be very very reluctant to walk back.
i am with you on 40% drops. Banks would be rooted.
20% is a nice round number. The 5% deposit scheme has the government underwriting 15% of the loan to make it equivalent to a 20% deposit.
I am trying to think of the name of the scheme in the 90s that the govt messed up. I can see something similar happening with all the suckers on 5% deposit scheme screaming blue murder and government forgiving the other 15% that is owed to them.
The 25% rise is not uniform. Houses went up more and units a lot less. Gouda’s link below talks about the difference between units and houses. To me, the broad brush 25% increase is meaningless unless you look at where the 95% LVRs are taken out.
As for the government scheme, this is precisely why house prices can’t go down. The government does not want to publicly recapitalise it. Far easier to do population QE or use super as a deposit than to recapitalise the scheme.
I disagree with a 20% nominal drop, but may allow a 20% real drop ie no growth for 4-5 years.
Too much is at stake to let it just drop. Local manufacturing largely services our housing market, but more importantly the well paid job are tied to real estate ie banking etc.
My read is that we let Covid rip as we needed warm bodies and lots of them otherwise the housing gains would disappear. They have made no secret of wanting 400,000 warm bodies per year. Drops in housing prices will be designed to be minimal (if at all).
Agree
also can’t walk away from mortgages like you can in the US, so that unlucky number will just be stuck in negative equity slavery rather than being able to cut their losses and make the underwater loans non-performing
also , extend and pretend has become fully expected and allowable behaviour worldwide
And finally, the rba can just buy bank bonds if the banks need to recapitalise to meet requirements
so, could we see the govt let housing fall 25%
why not ?
Perfect timing to blame it on labor too
i probably have covid
stomach cramps
abdominal pain (though this didnt last long)
sniffling constantly
sore/watering/tired eyes
sneezing
all of these are symptoms of omicron/the latest omicron variant
i havent been tested yet bc idc but yeah pretty sure its covid
it’s extremely mild though, not crippling whatsoever. i had the flu in 2016 and was bedridden for over a week, i was going through a box of tissues a day, i could probably run a marathon with this thing
Hang in there stagmal… if it’s the wuflu, you should expect some swings – feeling fine some times, then deteriorating, then improving again…
how many days in are you?
symptoms started around tuesday, its gone from basically unnoticable minus an occasionally flaring up snifffly nose to this, which i think might be the peak. my eyes are very sore and irritated and watering, and my nose is super sniffly. but that’s it. it is pretty mild all things considered.
Sore & watering eyes sound quite different to any wuflu description that I’ve had given to me… still, weird shit does happen from this big – such as back aches and loss of smell, so why not sore eyes?! 😕
In any case, hope you feel better soon
its a new symptom of omicron, same with the stomach cramps. lots of people are reporting sore irritated eyes, it didnt happen with covid clasic or covid deluxe, only the new covid lite.
I felt in one eye as if I slept with it open and pressed against the pillow. It felt gritty. That lasted 3 days.
Get tested so that you can get
64 months escape from lunacy, otherwise you will be hunt downhttps://www.youtube.com/watch?v=eK83QqbNOmU
Good video. I had heard about those CDC graphs but hadn’t seen them…
Somehow, I can see Dictator Dan holding onto his precious check-in tracking data for as long as he possibly can.
Even though there are now calls to scrap the QR codes. Especially since the data is not being used for anything now.
https://www.theage.com.au/national/victoria/calls-to-abolish-mandatory-qr-check-ins-20220203-p59tgb.html
The comments are interesting. About 80% for getting rid of them and 20% fear-pr0n addicted idiots.
The Age are the most curated comments section in Australia.
My comments are never published
True – if the comments do not match the narrative, they do not get published. Usually. The comments on some articles are a worse echo-chamber than MB – and that’s saying something.
Are we seeing a changing of the narrative?
Or are TPTB testing the waters to see how the populous are feeling?
It also quite possible that they are just being reactive to the fact that nobody uses the checkins anymore.
surely they would see the aggregate numbers of “check ins” and can easily observe that they are now down to levels of 10%-25% (guesstimate) of all time highs.
so they are putting forward “leadership” which is actually trailing, rather than leading….
Does anyone still do this? I rarely see people checkin these days.
It is just an extension of fear porn and methinks the only way this can matter is if they want to decorate lamp posts with someone for non compliance.
Pretty much everything outside the qr is defeating the purpose of it, you know, infected nurses without symptoms going back to work, 7 days quarantine after positive etc
Pretty decent turn out in Canberra for protests.
Avi Yemeni and Cossack trying to run around and co opt it. People really need to start bullying those two foreign agents out of the protests hard.
A good set of links, thanks Robert.
I liked the doomberg one about energy. I followed a link from there to another article, which expounds, in long form, some of the themes I alluded to before about insurance – https://www.ezfka.com/2022/01/06/20-something-fully-waxxed-dies-of-covid-why/#comment-17495
this is the article:
https://capitalistexploits.at/an-inconvenient-actuarial-truth/
I’d read that as well (should have linked it). Comments worth reading too. It’s a fun thesis, but the excess deaths could have many causes. It does seem like a good idea to track insurance prices. I’ll have a hunt around see if there are anyone is doing it (presumably they are).
I got a call yesterday to advise that another colleague of 20 years had dropped dead unexpectedly. A normal bloke in his late 50s with no known reason to suddenly die. I had been expecting someone to die, but was surprised it was this guy.
That makes 4 deaths of “natural” causes in about 8 months. This compares with 2 deaths in the preceding 30 years.
Correlation is not causation, but it’s the vaccines.
you have a way with words, LSWCHP – that is rather waggish!
Did this bloke die “of” anything, or just died?
Heart failure, as I understand it. Same with the the other three…sudden and unexpected stoppage of the heart. One of them died in mid sentence. None of them had “a short battle with x” or anything like that. They just didn’t come to work one day.
We have the usual large percentage of sedentary fat people, so I expect another one or two over the next 6 months. Perhaps it’ll be ongoing forever as longer term Vax effects come into play.
A bloke in his early 30s who recently joined my team told me he’d never get vaxed because two of his immediate family ended up in hospital with heart inflammation after getting jabbed. Can’t say I blame him.
I suspect Vax related deaths and injuries are far greater than being reported. My dead colleagues will never feature in the stats for example. They’re all just collateral damage.
Chronic diseases start to show in men in the 50s, which is why even pre-covid they were encouraging men’s health checks for those aged 45-49. Men are less likely to be proactive about their health, and conditions like hypertension which can predispose to cardiac disease are generally asymptomatic and others like sleep apnoea may not be obvious to others in the workplace.
Hard to know what has happened to the baseline rates of cardiovascular events, as during the pandemic people have avoided going to hospital so as to not catch covid.
Two dead at my work in last 8 months. Another had emergency surgery to have a kidney removed two days after a booster.
All nothing to do with the jab though. Can’t be that.
Thanks for stepping up with the weekend links Robert.
Went out to a couple of large shopping centres yesterday – hardly saw anyone check in. About a months ago security guards were checking everyone going through, but today they were just hanging out and more interested in checking their phones.
Also most things are back in stock, no shortages of anything from what I can see.
I noticed the same thing. I took my youngest to swimming lessons this morning and seems everyone is doing the same. Classes full, car park was full. Life is normal now.
This time last week was the fear p0rn about anxious parents and back to school. I am yet to meet an anxious parent and the kids were really happy to be at school.
My experience too
my boy just started school this week
no mention of coronavirus from the school – never once even mentioned vaccines, tests or masks to us despite being new parents
very few parents wearing masks on campus at drop off and pick up, except some asians
it’s just the shut ins on mb and Twitter still taking it seriously
https://www.smh.com.au/property/news/second-step-on-sydney-s-property-ladder-from-unit-to-house-is-now-a-giant-leap-20220203-p59tin.html
Looks like even upgraders are needing to hit up the Bank of Mum and Dad a second time.
Can’t say I’m that surprised as I’ve always questioned the whole “get on the property ladder and upgrade” approach, as those trying to jump up now have to deal with a lack of stamp duty exemptions and buyer grants (EZFKA election bribe pending).
yep – it’s not really surprising, given that units are now selling for what houses were a few years ago.
20%-30% will do that…
the arithmetic of the “get on the ladder and upgrade” plan doesn’t really work. But what makes it look like it’s working are the facts that:
Based on my own home buying adventures last year, I think there are similar constraints for the aspiring upgrader.
We know that growth in house prices has outpaced growth in apartments/units.
To get on the bottom rung of the ladder, people were already borrowing close to their maximum capacity.
For asking prices of units to continue to rise and keep pace with landed property, new entrants need increasingly higher incomes.
But we know the default EZFKA policy is flat wage growth and high immigration, which also places a cap on how much one can borrow.
Then there is a ceiling on how much entry level properties can be bid for, due to limits on first home buyer subsidies. Eg. in Victoria stamp duty kicks in after 600k, and by 700k you’re needing to find an extra 25k. Suddenly that 20% deposit rises from 120k to 165k, with about a third more required. The proportion is even greater for lower deposits i.e. a 10% deposit rises from 60 to 95k on those prices.
If you have to sell to upgrade, CGT also comes into consideration as do hidden costs like stamp duty and a lack of any further buyer subsidies.
So while there is already plenty in place to get people on the ladder, climbing the rungs may be a bit more challenging and that’s even before considering additional costs like children or “equity mate” type splurges.
yessir… but one of the ways that this manifests is, of course, denser and denser living.
either more people per unit thru various forms of shared housing (eg siblings buy together, couple buys together & takes a roommmate, Imports rent together)
or less unit per person (ie 3-unit or 4-unit developments where there might have been a 2 unit development in prior years.
…or both.
right Again. …so it’s not an accident that the FHB subsidies get stepped up to higher levels every few years.
People like EmBee’s Jumping Jack Flash make the false assumption that migrants need to get debt and buy a place. My view is that it does not matter if they buy or rent, what matters is volume. What matters is that vacancy rates are low. It doesn’t matter who takes the debt, if it is a local landlord renting to 17 people, then so be it. As long as the immigration runs high and stock is low, that is all that matters.
Yes, you’re exactly right.
migrants can push up prices even if they can’t grab the debt themselves to pay the high prices (or not enough debt).
it can be by paying higher rates thru share housing (which local landlords to keep bidding up the assets) or it can be by buying or bidding for the bottom of the market & forcing others to outbid them…
but generally, I think that Jumping Jack Flash has a good grasp on how the debt flows in the EZFKA work
I.e. there is no ladder.
My unvaxxed teenage son tested positive for Covid earlier this week. He only did the test because he got a batch of RATs from his school and wanted to test them out. We were shocked when it came back with the double red line. His only “symptoms” were a mild sore throat and fatigue. Otherwise he’s been enjoying the time off school to sleep in and play on the Xbox. Isolation rules for kids are a farce.
Yep… now you know that they ain’t kidding when they say “it’s a disease so serious that you need a test to know that you’ve got it” 😋 …and , consequently, pressuring kids to get jabbed is a fucking crime. 👺
glad that the boy is doing well. Have you been hanging out together so that you can get some natural immunity, or keeping apart?
We haven’t changed anything in terms of our family routine fully expecting & hoping that we’d all get Covid, but even then the rest of us are all Covid-free so far. Even when I want to get Covid and have the perfect opportunity, I still can’t get it. And we’ve turned the world upside down over this disease.
Chances are you may have had it and superior natural immunity is kicking in preventing symptoms.
Do a PCR or spit test and see what perspire. If in doubt, consider yourself infected and report a positive. 7q days later, see your doc and request 4 months of exemption from insanity. Rinse and repeat in 4 months time.
Very possible.
if junior hadn’t been trying out those rapid tests for fun, he’d never know he’s had it an recovered. So there’s a reasonable chance that you and many others have already had it and recovered…
does make it difficult to understand why the world was turned upside down. Or the western world, mind. Many other places don’t seem to have bothered….
Like the random testing on the GC, they tested 117 people, 20 were positive, 4 had symptoms, 18 did not know that they had it …
https://blog.canberradeclaration.org.au/2022/02/05/are-you-coming-to-canberra/
Hopefully they get a good turnout
Morrison is panicking. 12 months too late you cunt.
https://7news.com.au/lifestyle/health-wellbeing/campaign-aims-to-lure-singapore-travellers-c-4599523
He is a weathervane shitcunt, basically as he always has been 🤗. Any way the wind blows, doesn’t really matter.
generally that kind of behaviour is successful and wins elections in the EZFKA.
im not sure that this has actually changed recently. The only question is whether ScoMo can read the wind effectively enough. Or if the other albomination is able to do this better….
He’s trying to be all things to all people but he’s failing. The people he is trying to attract will never vote for him and by trying to do so he is pissing off the people who would vote for him. Nobody trusts him. To reward Morrison with reelection for his performance would be to invite more abuse. We better hope these majors get torched and parliament is hung otherwise we are going to endure an Albaneasy government.
Federal Judge Sarah Netburn has given the Biden administration a Feb. 11 deadline by which it must decide whether it will back a lawsuit brought by family members of victims of the 9/11 terrorist attacks demanding $7 billion in Afghan funds currently being held by the Federal Reserve. There is actually more than one case brought against the Taliban (and others) by 9/11 family members, but only one of them, known as the Havlish case, representing 150 family members of victims, actually won a judgment of $7 billion for damages a decade ago. Last September, Havlish lawyers convinced a judge to issue a writ of execution to be presented to the Federal Reserve’s legal department authorizing seizure of $7 billion of the Afghan funds. At that point, the Biden administration intervened, and has now centralized handling of the case in the Justice Department, to decide how to proceed.
It is not a straightforward matter. There are multiple plaintiffs, whose lawyers are squabbling with each other, and complicated issues of law and government policy involved. There is also the fact that the $9.4 billion in reserves from the central bank, Da Afghanistan Bank, have been illegally seized by the Federal Reserve, and do not belong to the United States. More and more voices are demanding that those funds be released to the Afghan government to address the dire economic and humanitarian crisis. A fresh airing of the real story of the Anglo-Saudi role in the 9/11 attacks—not Osama bin Laden sitting in an Afghan cave and not the Taliban—would be a good way to clear the air.
Hopefully the truth will come out.
https://asiatimes.com/2022/02/richelieus-ghost-almost-solves-americas-problems/
The USA solves their problems by creating bigger problems.
Great piece – thanks for sharing
Inflationary vaccine mandates:
https://corporate.nordea.com/article/69202/nordea-weekly-an-inflationary-vaccine-mandate-is-coming-to-a-town-near-you
Might we get climate lockdowns and unemployment at -2%?
https://corporate.nordea.com/article/68642/nordea-weekly-the-hyperinflationistas-are-back-in-town
https://larouchepub.com/pr/2022/20220205_bloomberg.html
Just an accident 😕
Now it makes sense…got to even up those numbers
https://www.realestate.com.au/news/james-bondstyle-mosman-home-with-incredible-tunnel-hits-the-market-with-10m-price-guide/?rsf=ps%3Afacebook%3Anews%3Aaa&fbclid=IwAR0G_sysFUXcrtysXCjCh4jZQrTp-j8r_I8QHeRdK_8aX64KsMN-NclbU4I
thought this article was the full Australian experience
a lot to unpack
Boomer couple bought this house in 1982 for $290,000 on the sole salary of an electrical engineer
probably they were late twenties early thirties (which would make them 70ish now) , might even have been first home owners
now it’s for sale for $10m – probably more like $11-12m once we account for agent speak
a tidy 4000% tax free profit
what would the same engineer make today ?
$150-$200k if lucky ?
so 50-60x income
BUT the silly boomers spent one million fucking dollars to cut a 25m tunnel
which is almost NSW govt level of grift and inefficiency
already cutting their profit to just 830%
$40,000 per metre
That’s basically a years minimum wage per metre if we had someone doing it by hand
And nearly 4x the price of the original house
yet neither the blokes doing the digging nor the engineer who oversaw it would be able to afford to buy the place
how does any of this add up
where is the money going
crazy place we are in
All my aunts/uncles retired in their 50s with houses now worth minimum $2m. Most $3m+. The wealthiest owning several houses worth closer to $10m in total. All were unskilled workers. The women generally stayed home to look after the kids, or worked part time whilst kids were at school.
I estimate a household income of $300k+ to live an equivalent lifestyle of my parents. Of course all the useful idiots will say we have it better than previous generations because of the iPhone
Where has the money gone? It is quite simple. All extra disposable income finds its way into house prices. Women working, tax cuts, levered by low interest rates. Unfortunately, we live in a country where idiots think a tax cut is free money when the reality is reduced public services and higher house prices.
Just finding it hard to understand where the money all went in this instance
machinery and tech has gotten cheaper, yet it still cost $40,000 per metre to dig the tunnel
so it must be labour/wage costs pushing up the price
yet none of the workers involved can afford to buy a house
it’s not in any way a sustainable situation and I’m fascinated to know how it will all collapse in the end
also disagree that $300k is enough
that’s only $180k after tax
you can potentially buy something decent if you leverage yourself to the gills, but will never pay it off like the boomers did
With falling interest rates and rising wages he would have been partially/mostly gifted a free home and had the opportunity to buy other assets like my wealthier uncle. Would easily have $1m to spend on a stupid tunnel.
Some rough calcs so you understand the price increase is not unreasonable. $10m / $290k = 34.5 price increase.
– weekly wages have gone from $200 to $1300 = 6.5x
– women working full-time = not sure on this. Make it conservative 1.5x
– Highest marginal tax rate has dropped from 60% down to 45%. Disposable income increased approx 40% ~= 1.4.
– The difference between a variable mortgage rate of 12.5% in 1982 and 2.5% now is about 2.4x loan
6.5 x 1.5 x 1.4 x 2.4 ~= 33
You can see the biggest non-inflationary factor is interest rates. Tax rates also make a big difference. Bear that in mind with the upcoming tax cuts.
This would imply that the cost of building the tunnel in 1982 should have been roughly $167,000 (1/6th of the modern price based on wages, given that the cost would have mainly been labour related)
which would have been 2/3rds of the original house price (or equivalent to $6 million today)
clearly unrealistic , and that’s without the benefit of better and cheaper (relatively) imported machinery today (trade tariffs and regulated economy/current account back then) which should make it even more relatively expensive then
so what gives
Apparently they were Opal miners who dug the tunnel by hand due to not bing able to get proper equipment in there, I think I heard that it was 400 tons of rock carried away
Exactly. We are not talking about a cement-renderer on average wages.
I know a stonemason who retired before 40 with a beachfront house in Kingscliffe, and now just bought a mansion that he is renovating and planning to AirBnb at $5k per night. He exclusively worked on upmarket properties and charged whatever he could get away with.
Top Israeli officials also announced this week they are abolishing the country’s “Green Pass” COVID vaccine passport for restaurants, hotels, gyms and theaters.
The policy update will take effect Feb. 6, Prime Minister Naftali Bennet’s government said, pending approval by a parliamentary committee. Israel’s proof-of-vaccination policy will remain in effect for events such as parties or weddings.
“To continue the green pass in the same way can create false assurances,” said Nadav Davidovitch, an epidemiologist and public health physician advising Prime Minister Naftali Bennet’s government. “It’s not reducing infections in closed spaces like theatres.”
https://boriquagato.substack.com/p/boosters-have-failed?token=eyJ1c2VyX2lkIjoxNDY4MzU0OSwicG9zdF9pZCI6NDgyNzg2ODMsIl8iOiJ1TWtXSyIsImlhdCI6MTY0NDE4OTEwOSwiZXhwIjoxNjQ0MTkyNzA5LCJpc3MiOiJwdWItMzIzOTE0Iiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.9Wr8uHCgfbzA8lfeeaZNhG_3HqOkqCdrM3-ult83VpU
Lols. Declaring victory and going home?
not yet …this vax fanbois over here is the target
https://twitter.com/PapiTrumpo/status/1490442027615588356
“From today, checking in is only needed at venues that require proof of vaccination.”
yeah thats good I like that….the super spread that comes from these venues will be uber useful.
https://twitter.com/AnnastaciaMP/status/1490490258974478336
https://blog.canberradeclaration.org.au/2022/02/07/the-citipointe-controversy/
Can’t wait for them to turn up at a Islamic school and demand changes
Convenient. When is his case due in Sydney?
https://www.perthnow.com.au/news/coronavirus/premier-mark-mcgowan-in-isolation-after-covid-scare-at-rockingham-exposure-site-c-5597482
skinning of cats. Revision 4007836.1
Israeli study offers strongest proof yet of vitamin D’s power to fight COVID
https://www.timesofisrael.com/israeli-study-offers-strongest-proof-yet-of-vitamin-ds-power-to-fight-covid/
Hehhehehe, notice how they hasten to add that vitamin d is no substitute for the vaccine (& the second vaccine & the third vaccine presumably 🤪). Must add that in order to sneak through the Overton Window.
we are no thusly constrained luckily, so let us consider:
gee
whereas the jabberwocky seems to offer a 4-6 times reduction (based on UK data). Seems like one might look at these as a sensible substitute, if one were not ideologically strait-jacketed….
That is one of those correlation vs causation arguments. Is it the vitamin D? Is it the sunlight? or does someone who is out in the sun more generally live a healthier lifestyle?
There is evidence for all three. This vid discusses the benefits of infrared light which suggest sunlight benefits that are independent of Vitamin D.
The Case for Sunlight in COVID 19 Patients: Oxidative Stress – YouTube
It reminds me of a study on Vitamin K and lung cancer. People who had lower vitamin K had higher chances of lung cancer. When they did a study giving people Vitamin K supplements they found out that the supplements on their own actually increased the chances of cancer. That implied that it was something else in the foods containing Vitamin K that reduced the chances of cancer. Not suggesting that is the case with Vitamin D. Just highlighting that correlation is not causation.
I haven’t watched the linked video yet, but based on other things I’m aware of – I don’t think it’s sunlight/active lifestyle.
fact is, most people are vitamins D deficient even in very sunny countries (inc. Israel)
on lung cancer, a curious tidbit I came across the other day is that 1/3 of people diagnosed with lung cancer are non-smokers.
…this implies that stopping smoking reduces your risk of lung cancer by about 50%. Only 50%!!!!
In that video the doc suggests Vitamin D is perhaps only a marker and that there are other factors involved.
Regarding your smoking comment. It would imply 67%. That is extremely high when you factor in how many things we inhale that are also carcinogenic. e.g. fumes from cars, solvents, dust from building materials, etc.
PS – LSWCHP said many months ago “take vitamin D, it will save your life”… or words to that effect.
& he was spot on.
yeah that youtube geezer was thinking similarly….Dr John whathisface
edit
Dr. John Campbell
That’s never been proven so he isn’t spot on
it’s a correlation between vitamin d levels – no causality or direction of relationship has been shown
taking oral vitamin D may do nothing
if You’re going to critique “the science” you need to be critical in all aspects
yep…needs studying so naturally it hasn’t been
I get that, mate. it’s not formally proven and probably never will be (because there are no dollars in it).
But the correlation is strong and I know which side of it id like to be on 😉
and the point is that LSWCHP put his finger on it months before even this study. And that’s good work.
This vitamin d thing has been touted since 2020
Be that as it may, I credit LSWCHP with bringing it to my attention.
Thanks Peachy, I appreciate the hat tip.
I espouse vitamin D due to my personal experience of being diagnosed as severely deficient in March 2020. Getting it sorted changed my life immensely for the good. Based on that I wasn’t surprised to see articles linking low vitamin D and covid appearing shortly after the shitfight started.
I saw a recent article about long covid that said the major symptoms out of about 200 were fatigue, brain fog, muscle and joint pain, anxiety and depression.
I don’t think its a coincidence that those are the exact symptoms I was experiencing as a result of low vitamin D. My GP prescribed short term intermittent massive doses (20000 IU) to increase my levels rapidly, followed by 3000 IU per day. Within a month the brain fog, fatigue, anxiety, aches and pains disappeared. Most notably, my cardiovascular fitness also improved drastically.
Everybody else can do whatever they want, I know about what happened to me. I’m not peer reviewed, but I know that if I take vitamin D supplements it will reduce my risk of catching the plague, and reduce the severity if I do catch it.
Caveat lector, all the “survivors” of C19 with little or no symptoms, inclusive of my severely immunocompromised father , all of whom reportedly took high level 7000+ IU/day of D3 orally during ‘deadly virus’ episode and moderate preventive or supplementary doses prior to (up to 2000IU) – had little or no symptoms and survived the deadliest virus the mankind ever had (as per Brad hazard and other whitewashes)
Correlation or not, who cares, anecdata so far 100% confirmation biased or not biased
Shit, 7,000 big ones? That’s a big number!
Some pills come as 5000IU.
I had droplets of 1000IU, took 7 of them. Doc says 10000IU/day for period of sickness is Max, 7000 is recommended.
In my case all the people that had mild(er) symptoms were stuffing themselves with D3, max Zinc/quercetin and 1000mg Vit C
George Beebe, an intelligence analyst and diplomat who has served as director of CIA Russia analysis and Special Adviser to Vice President Cheney for Russia/Eurasia and Intelligence Programs, warned in The National Interest on Feb. 5, “For America and Russia, Deadly Perceptions Can Lead to War.” Deterrence and punishment, even carried out with “Churchillian resolve,” can produce a spiral of “action-reaction cycles” which can lead to war. Breaking those cycles requires “mutual introspection, empathy, and moral courage,” even if against the winds of domestic politics, he urges. Russia and the U.S. must come up with a “face-saving compromise.” His greatest concern: the “perilous assumption” of many in the government and media that Putin will not strike back if we apply “unconventional warfare” against Russia (draconian sanctions, arming and training Ukrainians to kill Russian invaders or deploying cyber weapons to disable Russian operations.) “Just a few months ago, Russia conducted a successful test of an anti-satellite missile, and its state television announced that it had the ability to disable America’s entire Global Positioning System (GPS) satellite constellation—on which our stock markets, bank payments, power grids, digital television, and cloud computing all depend. Unlike Russia, the United States has not built a land-based backup that could function if GPS is lost.”
I’m sure they have plenty of compasses and maps.
https://larouchepub.com/pr/2022/20220206_scaremongering.html
Numbers probably came from an old Covid article that didn’t get published.
https://blog.canberradeclaration.org.au/2022/02/08/covid-officially-over-in-sweden/
Not to sure about anyone being held to account 😕
You might like to try your hand at a weekend links some time.