LATHAM

That this wizened old crone has had her account deleted for hateful conduct and wishing personal injury, as a result of this tweet has made my weekend. Hopefully it is a permanent banning. Even though as a leading so called Indigenous Intellectual her Nastiness and visceral dislike for Australians, especially white Australians, is a great … Read more

NSW Election Open Thread

Who will win? Who will lose? I’ll put my chips in and say I think NSW Labor is going to win. It won’t be a big win but they’ll probably cinch it by a little. LNP might be able to crawl over the line but I think it’s generally the best bet at this point … Read more

Where to next for the banking crises?

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

We all live on a nuclear submarine

So why haven’t any of the armchair generals here commented on the AUKUS submarine deal Subs are completely useless in modern warfare right? Like drones will easily find and destroy them, especially as nuclear can’t be turned off so they’re always traceable via sound Seems absolutely retarded for a country like Australia, which has relatively … Read more

SVB Crisis

It’s all over the news, we’ve all heard about it. Now they are predicting no more rate rises and cuts on the horizon which means more inflation. I’m seeing a few people say more liquidity being pumped into the system and that it’s a good time to buy hard assets i.e. gold/silver, RE etc. But … Read more