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Showing content with the highest reputation on 03/02/26 in all areas

  1. That's the billionaires, that hold 90% of world wealth. You should know that, Nev.
    2 points
  2. Musk IS spreading his genes pretty well. He might have to move to MARS to escape the Alimony. Nev
    1 point
  3. Trumps new appointee to head the Federal Reserve, Kevin Warsh is seen as a "hawk" on U.S. interest rates, with a desire to keep them up until inflation in the U.S. is tamed. Trump wants the interest rates dropped NOW, and that made all the investors flee to gold and silver for fear of Trump getting his way, and causing more inflation. They feared that any Trump appointee to the Federal Reserve would just be a loyal Trump stooge, doing exactly what he wants. However, once all the investors learned that Warsh was being appointed, they dropped all their gold and silver investments (it's called "profit-taking" anyway), and put their money back into treasury bonds and other financial instruments. It seems obvious their fears about Trump ruling the interest rate levels and destroying the U.S. economy with his lack of economic knowledge has evaporated with the appointment of Warsh, and Warsh might have some backbone to resist Trumps demands and abuse. Jerome Powell certainly knows what it's like to be on the receiving end of Trump abuse, lawsuits and outrageous demands. It's critical that the Federal Reserve remains independent of any external political pressure - everyone in the U.S. knows that.
    1 point
  4. I've got a 1938 Cadillac V8, 346 cu in engine to restore. It's side valve, but has hydraulic valve lifters! - and it produces a whopping 135BHP! I saved it from the scrapman - it was one of two, that powered standby 40Hz generators in the Metro Theatre in Perth (which opened in Sept 1938). The Metro was demolished with little care in 1973, and they dropped roof beams on the generators, and smashed them up, breaking carbies and distributors and other parts. But I managed to acquire most of the damaged parts over the years from eBay, from sellers in the U.S. Now all I have to do is rebuild it. It's a massive donk, it weighs over 500lbs (227kgs), and I don't really know what to put it in. T It's reported that they run smooth as silk, and this engine was fitted to a number of WW2 tanks, and noted for its smoothness and quietness. They drove GM Hydramatic trannies in the tanks.
    1 point
  5. Sorry.. couldn't resist. A later model flying Merkel: (Ignore the message)
    1 point
  6. Mentioned in this article when speaking of Trump's Stablecoin, is this little gem: World Liberty Financial issued a stablecoin designated as $USD1. Stablecoins are digital assets pegged to a fiat currency, in this case, the U.S. Dollar. It is that thing 'fiat currency' that can be the downfall of the Global economy if the puppetmasters working Trump's strings continue on theri current path. I'm going to talk about fiat currencies in a separate thread in the Politics forum, if you would like to learn more.
    1 point
  7. Yeah - I did build a lot on the question.. I could have let it go to the keeper as it is an innocuous comment at the end of the day. But these "simple" questions often (and I am not saying in this case) belie or at least allude to a deeper agenda. But, the other problem is, society is becoming ever more polarised because of transgressions passed that have no bearing on the people of today (except we are bound to learn from them and improve society). As a result, we aree seeing an increase in civil violence. None of us were directly involved with the taking of Australia from Aboriginals, and I sympathise with the concept of Invasion day, but rather than using it as a weapon to integrate better, it is being used as a weapon to divide the populations and now you have attempted or hoax bombs being thrown into the demonstations. While there has always been a hard core of Nazis since WWII, sadly, even in Australia, they are managing to attract more and more who were not Nazi sympathisers or hard core, and they are probably no more than disenfranchised with the way things are going, and possibly being sick of labelled eveything from a mysoginist to racial vilifier or some such stuff. Over here, division of society is being sewn from the slave trade over a hundred years ago, ironically when there were no slaves in the UK. Yes, the UK participated in it and yes, they profited from it, but the apologists are now calling for all sorts of stuff and no one is saying it was actually the UK (or England) that ended African slavery!" So, nowm you are getting more people fed up being labelled something they are not because of previous generations' transgressions, and resentment as well as moving the support base to the dodgier part of town (e.g. the more white supremacist part of town). You try speaking to many younger white males these days. Many are feeling they are victimised because they are protrayed as representing many of them don't represent.
    1 point
  8. Time Pete Time. It's NOT IF but WHEN. Nev
    0 points
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