Be interested to know what Cats “personal opinions” are on where the stock market is headed.

Mrs A has just requested her superfund be changed from “aggressive” to “cash only” (effective 10/9). She’s going to “sit it out” until the new year. Mainly a “gut feeling” that we are approaching some torrid times. What’s going on across the globe, particularly in relation to the US political scene and its ramifications for Australia and global economics generally. It’s to do with lots of different stuff (inflation, political instability, supply, 3GD and other stuff).

It’s not a lot of money (a few hundred $100,000), as she hasn’t always worked. It won’t have any bearing on our retirement plans. I’ve already got that side covered.

I’m not an economist or a financial advisor, and I’ve never really been that big on shares. I’m a “cash is king” type of guy, and have made sure we will always have stuff in reserve to sell off if we ever need to.

My basic attitude is it’s her money, she can do whatever she wants with it.

My question is, she is basically thinking there might be significant fall in the share market. Do you guys see that happening?

Worse case scenario is that she misses out on some growth for a few months. No real harm done. I’ll be calling her a sage if the “shit hits the fan”.

There are NO “left wing” libertarians.

Anyone saying they are, is a fat left wing weirdo who has soft hands.

Cassie

Have you read David D Friedman’s Machinery of Freedom?

He’s a physics professor turned self taught law professor and economist.

Also the progeny of Milt and Rose.

It is a strong and cogent framework for anarchy.

Be interested to know what Cats “personal opinions” are on where the stock market is headed.

My 2c.. I think we’ll be going through a rocky patch during the coming 12 months or so. Mainly because of the various opposing influences in interest rates/bond yields. Ups and downs, inflation/no inflation etc. Then I think stocks will move higher, much much higher well over S&P500 5500. As the USD heads way lower. The “taper” will last a nanosecond. CB’s have no choice but to print and buy in ever increasing amounts.

Calli.

I went too hard with David Elliot.

Some extra medal citations would have been funny.

The skin suit comments, in my opinion, are censored for their Alex Jonesesque accidental truth telling (post troof truths). ?

Resnick and Halliday

Piss off back to the other blog you blowhard.

Blog shuttlecock. Tres amusant.

Now when people order others to ‘fuck off’ there’s somewhere else to go.

Is this a good thing, or does it simply disperse the energy?

Here, discuss something of substance: private schooling. Bear said on the Dash-Cat that no-one would even take a bet about politicians children predominantly attending private schooling. I put up a link to a discussion of the rates of private schooling, as below:

Around 35% of kids go to ‘private’ schools, far higher in Australia than it is in the UK, and politicians children are well represented in these school populations. Particularly favoured by well-paid pollies are the more elite schools where the fees are high. So you’re right, Bear, no-one would take that bet on. Pollies know how bad a lot of State schools are. This article gives a useful run down about the numbers, leftist but what do you expect from The Conversation.

*Economics isn’t the be all and end all of what should make policy.*

It is a very powerful decision making tool and should drive most policy decisions.

*Otherwise we’d be moving all the grids onto renewable shit and destroying our ability to live.*

No. Very much no!

Yikes!

I’m heading back to that low rent dive where (according to Lizzie) readers are too dumb to have heard of Molesworth.

At least they are not indulging in childish ‘you’re a poohead’ no I’m not, you’re a poohead’ slanging matches.

Poor Dover. Shocking how the riff raff lower the tone.

More bannings, perhaps?

CB’s have no choice but to print and buy in ever increasing amounts.

…..and they’ve had a roaring time doing it recently with no electoral or immediate economic blow back.
Therefore it must work.
Oh, the current decision makers know they will be long in their grave when the next generations pays for today’s profligacy.

Bonhomie!

I’ve studied economics at school and uni. A lot of it is theoretical bullshit on stilts e.g MC=MR, Y=C + S + G and the Walrasian competative equilibrium.

Austrian school >>> I’ve studied economics at school and uni. A lot of it is theoretical bullshit on stilts e.g MC=MR, Y=C + S + G and the Walrasian competative equilibrium. >>> Keynes >>> Commies

Saying there are only three kinds of libertarians is like saying there are only three kinds of totalitarians.

Fuck this is Sunday fun.
Scrolling past the Arky/JC hissy fits.
Getting as bad as a bird strike.
Just go out behind the shelter shed and belt one another.

Bonhomie!

Good cheer!

The Hazzard edits are still up.

Wiki mods grew a sense of humour!

This high-energy stoushing is so nostalgic. It’s rightful place is the 2300-0130AEST slot while JC waits for the NYSE to open.

I thought this posh cat was really going to have the best of the old cat and not much of the worse. Looking at the current stoush I can only wish it were so. I’ve been abused on the old cat a couple of times, I just ignored the crap and from then on never read any of the comments from the abusers, I know it’s difficult and I don’t mind conflict using well reasoned arguments but straight out punching on is just something that I avoid.

Looking at COVID from a Nietzschean point of view, it is terrible (policy wise) because it is a confluence of the worst of master and slave moralities.

Age quod agis, kids. Iuventus magister stultorum.

From a very disreputable website:

There’s an anime called “Shin Sekai Yori” (From the new world) that is basically very extreme leftist propaganda.

It’s about a series of wars and conflicts by super-powered humans that devastate humanity until a group of other super-powered humans form a “council” (politburo) and establish a totalitarian government that functions by subjugating the nation’s citizenry to the extreme while imposing a strict orthodoxy of their choosing down on everyone aka socialism. This government engages in very extreme indoctrination of children (“abortion” for any child that doesn’t eat up the propaganda regardless of age) but also includes making boys and young men completely cucked and/or homosexual in order to make them more like Bonobos. They literally say like that; The politburo thought “Wouldn’t it be wonderful if humanity/men were more like Bonobos?” and then they started doing the Bonobo protocol.

The anime is complete shit and the propaganda is exceedingly repugnant, however it unintentionally reveals a lot of the failures of leftism. For example, in the anime, they make their socialist nation completely cucked so as prevent any conflict but when an external threat presents itself, none of them know how to defend themselves despite everyone having a vast arsenal of super-powers and there is no one else to defend them. Instead they just look around at each other and start getting slaughtered/running away.

Again, the anime is shit but if you want to see the leftist “utopia” according to them, that’s the perfect representation. “Shin sekai yori”. Fucking garbage but unintentionally one of the best dismantling of leftism I’ve ever seen.

Speaking of anime, it looks like the Japanese have rebooted Star Blazers.

What are the odds that after a couple of weeks the jockey suspensions are suspended?
Spring carnival will struggle enough without banning high profile jockeys.

In other words, if you see a trucker pull up his rig. Get there, gather and support him.

I suspect that if the planners have any nous, it’s going to happen exactly where the plod is least expecting it.

There might be some “false flags” on the borders, but it’s more likely to concentrate itself in high population residential areas where lockdowns are despised. Lots of people, called onto the streets. More of a “party atmosphere” whereby average citizens can participate.

At least, that’s the way I’d be organising it.

People opposed to lockdown aren’t going to jump in their cars and travel a couple of 100k to a border to go to a protest. They will however, walk out their front door and down the street.

It would make more sense to blockade the suburbs, and especially the ones full of public servants and politicians.

The ‘Trinity’ wins.

https://www.youtube.com/watch?v=9C-fRdCmzDk

This shit just turned up in my email…

Hello Milton
To help stop the spread of COVID-19, new rules now apply for workers needing to travel to and from a local government area (LGA) of concern and for people travelling outside of Greater Sydney. You now need to register your travel if you:
• are an authorised worker from a LGA of concern and need to leave the area for work
• are a worker entering a LGA of concern for work
• need to travel 50kms outside of Greater Sydney.
To register, log into or create a MyServiceNSW Account. You will need to provide your:
• contact details: name, address, email and phone number
• travel details and dates
• dependants name and phone number, if applicable.
When complete you’ll receive your travel registration by email.

> Childcare, disability and food workers who live or work in a LGA of concern

Fuckin outrageous. Worse than Vicco atm. No doubt that will change.

You are not required to follow this rule if you:
• are an authorised worker under 16 years old
• have a medical exemption.

The only exemption seems to be anaphylactic shock from the vaccine. Of course you won’t know till you try it.

Arky says:
August 29, 2021 at 2:55 pm

trying to persuade people. It won’t work.

..
Check the up votes dickhead.

shutup Arky

just because you and JC are having a fallout in your ‘bromance’ doesn’t mean we have to put up with it.

Fk off the pair of you.

Don’t let them out of their residences. Except for an hour a day.

We’re all in this together.

Dot I really understand why Dad hated the Liberal Party. And Latham too. Wow to think I used to give them money.

Yeah Elliot, Health Hazzard and Gladishocklian make Carr and Egan seem like good guys.

Anyone not think there was a putsch last year? They’re cracking down on dissent even harder now.

It’s easier for a trucker to park his trailer 30 minutes from home (in a choice location), than to leave it 600km from home.

Think local, act global.

Of course it’s been a downwards putsch- the government/s against the demos.

Sure, we can trust medical science …

It would not come to light for nine more years that FDA regulators and Big Pharma executives had been quietly holding private meetings at expensive hotels at least annually since 2002, through a drug industry funded nonprofit … The meetings led to the development of “enriched enrollments”, an aptly named practice that allowed drug companies to weed out people from their studies who didn’t respond well to their drugs, therefore tipping the balance towards FDA approval for new drugs – and away from science.

Dopesick Nation: Dealers, Doctors and the Drug Company that Addicted America. Beth Nacy.

I agree Milton.

It is political terrorism.

and JC

please slow down.

what 3 Economic Books would you recommend?

Yep like the Soviet Union in the 30s.

Yes, it is. Explain how it’s different in terms of the contrast between your description and what you believe is my take. I’m interested in getting a lesson here.

Keep in mind, Pigs that if a real economic study was done about lockdowns etc. that measured tradeoffs, opportunity cost … in other words a decent cost-benefit analysis weighted properly we wouldn’t be in the predicament right now.

1. what you believe is my take.
= did not comment on your take and was unaware you had ‘a take’.

2. if a real economic study was done about lockdowns etc. that measured tradeoffs, opportunity cost … in other words a decent cost-benefit analysis weighted properly we wouldn’t be in the predicament right now.
= totally agree

1. Samuelson economics. As a basic underpinning about the subject. After you’ve read it, you quickly put is down and forget most of what’s in there.

2. Human Action. Human Action is to me, the best book I have ever read. It’s better than wonderful. It’s godly.

3. Anything by Hayek. I’ve read them all.

I look at Macro Economics.

3. Hayeck looked at people,

2. Never forget humanity… I knew an old Jewish Lady, wonderful person, who had a ‘hattery’ in Collingwood.

1. Thomas Sowell shits on the lot of them.

shutup Arky

I taught business ‘shit’ in a university.

had a fkwit young student try to tell me off.

i told her to fk off and i tell you and JC the same.

Thinking about Dot’s earlier post, ‘political terrorism’ is exactly what’s happening. Where does little Johnny hoWARd stand regarding this assault on liberty?