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Created
Tue, 03/09/2024 - 04:56
The All-Ords share price index plunged 5.8% in the first two trading days of August and then rebounded 5.8% by 30 August. It ended the month just 0.3% short of where it started. The main reason for the sharp V-shaped trading pattern of August was initial fear that the US economy could plunge into recession Continue reading »
Created
Tue, 03/09/2024 - 04:53
China’s traditional culture has contributed greatly to the country’s modernisation. Yet it is not the only factor that has advanced Chinese modernisation. The process of modernisation has been driven by factors such as industrialisation and greater equality brought about by socialism, which have been provided by the leadership of the Communist Party of China. The Continue reading »
Created
Tue, 03/09/2024 - 03:45
I was going to deconstruct Trump’s inane interview on Fox last night but Tom addressed it well earlier and I came across this and thought it was well done. Trump ran through most of his greatest hits, mangling them like an aging crooner who forgot the words. And Levin sat there like a potted palm. (I know that Steve Schmitt is an asshole — at best — but when he’s right, he’s right. Especially about Mark Levin.)
Created
Tue, 03/09/2024 - 02:00
Trump is cooking up some plans of his own too He’s going to let the foxes right into the henhouse and one fox in particular: Behind closed doors, former president Donald Trump and his advisers have been talking for months about forming a commission led by prominent business executives to comb through the government books to identify thousands of programs to cut. Lately, one particularly famous candidate has made clear he’d be up for it: Elon Musk. And he may have much to gain personally from the endeavor. On several occasions, including on X, the social media platform he owns, the Tesla and SpaceX chief executive has expressed interest in being part of a “government efficiency commission” aimed at eliminating wasteful regulations and spending. Musk in August posted an apparently artificial intelligence-generated image of himself behind a lectern labeled “Department of Government Efficiency,” with the acronym DOGE — a meme-based cryptocurrency Musk has previously embraced.
Created
Tue, 03/09/2024 - 00:55
Britain Is Arresting Prominent Pro-Palestinian Activists

For “supporting a proscribed organization”. Aka. Hamas. The arrests are by counter-terrorism police.

Sarah Wilkinson’s arrest:

The police came to her house just before 7.30am. 12 of them in total, some of them in plain clothes from the counter terrorism police. They said she was under arrest for “content that she has posted online.” Her house is being raided & they have seized all her electronic devices.

Others who have been arrested include Richard Barnard, Richard Medhurst and Craig Murray.

This is the law they are being charged under:

Created
Tue, 03/09/2024 - 00:46
Mainstream macroeconomics is stuck with crazy models. That goes for ‘New Keynesian’ macroeconomics and DSGE models too. Let me just give one example. A lot of mainstream economists out there still think that price and wage rigidities are the prime movers behind unemployment. What is even worse — I’m totally gobsmacked every time I come […]
Created
Tue, 03/09/2024 - 00:30
Let The Brotherhood Of The Damned be your tour guide Kamala HQ flagged this clip of tech bro “thought leader” Curtis Yarvin advocating an American Caesar as the next step for America. This is the guy incels and billionaire tech autocrats like Peter Thiel (J.D. Vance’s mentor) look to for envisioning a future with them running the world and getting laid, like, anytime they want. Gaze upon Yarvin, all ye who dream big. TPM’s Josh Marshall quipped, “Amazing that this college sophomore level thinker is a major force in Silicon Valley.” I’m reminded of the formulaic pap The Sphinx (Wes Studi) spouted as wisdom in Mystery Men (1999). Invisible Boy (Kel Mitchell) gazes on in wonderment (or is it befuddlement?) and remarks, “It’s cool, isn’t it? It goes right up to the point of being, like, confusing.” Shallow and stupid or not, don’t think they won’t attempt something like this. Marcy Wheeler predicts they’ll try. Violently, preferably. https://mstdn.social/@lolgop@journa.host/113068278494067131 Vote like you mean it. ● ● ● ● ● ● ● ● It’s Labor Day.
Created
Mon, 02/09/2024 - 23:00
The Clown Prince of Grievance Every time one thinks Donald Trump cannot possibly get more demented, he surprises. It’s as if Mark Levin were interviewing The Joker. Except The Joker sports a wide, lipstick-red smile. Trump: “Who ever heard you get indicted for interfering with a presidential election where you have every right to do it.” Who ever heard you get indicted for embezzling billions from the U.S. Treasury when (immunized by “conservatives” on the U.S. Supreme Court) you “have every right to do it”? Think “the short-fingered vulgarian” won’t plunge his stubby mitts into the national cookie jar if reelected? That is, if he hopes to impress Russian dictator Vladimir Putin and get richer doing it? No one more sentient than mold slime doesn’t know that’s exactly what Trump will do. Maybe even before sending troops into the streets to apprehend and throw into concentration camps anyone brown and migranty-looking . For context, Trump was commenting on the superseding indictment filed last week by special counsel Jack Smith in the stolen documents case.
Created
Mon, 02/09/2024 - 21:15
It’s ridiculous that governments leave it to people like me to communicate the need for environmental action. By George Monbiot, published in the Guardian  28th August 2024 There are several services and assets I would like to see nationalised. But at the top of my list is neither water, nor trains, nor development land, much […]
Created
Mon, 02/09/2024 - 15:38
I haven’t much time today and I am trying to work out how I am going to get home (a 1,100 km journey) amidst travel chaos wrought by extreme weather conditions in South East Australia over the last few days. The weather disruptions to travel are becoming more common in Australia and the associated property…