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Everything posted by Jerry_Atrick
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Himself ragged 10 miles
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Was on my tablet when I wrote the above. post. The reason why this is no good is because Moodys was the last major ratings agency to take the US of its AAA rating, which is the first time, eiother ever or in a bloody long time that has been the case. The consensus of the all three major agencies signals some serious headinds that would allow you to land an A380 on a 20c piece. Maybe not quite that bad. Interestingly, the treaury and treasury futures have been stable, which tells us the marktets think it is not a bad thing or it is already priced in, but since yields haven't shot up massively over the last week or so, I am not sure that is the case. Though, in the G7 countries, the US is and has been for a while, the highest yielding over 10 year treasuries. It can't all be blamed on Chump, however. The US has been living outside its means for a very long time. However, Chumps 2017 and current policies are steepening the curve andd this outlook is what prompted Moody's to finally knock the US rating down a notch. It is still a safe bet, so I may be overplaying it a bit. However, it has lost its risk free status, and that will weigh in on the markets.
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Oh boy, is not good: https://www.reuters.com/markets/us/moodys-downgrades-us-aa1-rating-2025-05-16/
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The climate change debate continues.
Jerry_Atrick replied to Phil Perry's topic in Science and Technology
If the effing dumb western pollies weren't blocking innovation in the sector thanks to their desire to maintain fossil fuels, the west would have probably been ahead in the energy infrastructure manufacturing and could introduce their own alleged kill switches -
That's not what my wife says...
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Still never heard of him
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Do you know what makes me larf.. Many here are pilots.. and yeah.. OK many are RAAus pilots.. But how much do we spend on a vehicle that most spend less than 50 hours a year using, and how inefficient is it (really at the GA level anyway), yet we worry about a battery in an EV.. Fair diddly dinkum.
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Dude.. you need a reality check.
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Money (or more accurately, monetary valuation) is the medium humanity has accepted as the measure of economic resources that are controlled and the more one has of it, the more economic resource one can control. In normal times, this provides security of being able to meet the needs of life without being dependent on anyone else. The more control of economic resources one has compared to the rest of the population, the more power one has. And of course, it satisfies human's insatiable desires of wealth and all the trappings that comes with it. Most people would want economic independence; others want control of economic resources for other reasons.. nominally security and/or power. And to preserve the tribe.. as well as, and let's face it, attracting, or in many cases, more accurately, acquiring the services of the fairer sex. Just look at Chump, Bernie Ecclestone, and many others.. I think even Dr. Eddlestone managed to "attract" those of the fairer sex/gender.. Ecclestone, Eddlestone, let's call the whole thing off. The other thing, is when you have money (or more accurately, when people think you have money), they suck up to you, and they seek advice from you regardless. Would anyone here go to Chump for business advice? Maybe some would, but to earn a small fortune, you would have to start with a big one taking his advice. Although, for con-artistry, he is the consummate. Yet, when he acquired power through the presidency, a sort of default control of economic resources, look at those who previously despised him fawned over him. That adulation, too, is a great motivator. But generally, these people want the control of economic resources and the resultant power because you can drive the agenda - and also provide for your future generations. I think I have mentioned this before. .In my extended family, there are some fabulously wealthy people.. in the BRW top 200 on the odd occasion.. No sadly, that Midas touch didn't rub off on my family.. All their relationships are driven by whats in it for them.. When the patriarch of the branch of the family died, the surviving limb/branch of that family tree imploded.. all driven by money. I haven't spoken to any of them for, well, 20 years.. But when I last bumped into two of them - I think second cousins - in a park in Melbourne, I asked if they had been in contact with their cousin.. when we were kids,. they were extremely close. These two looked right through me as if I wasn't there.. point taken.
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Stress testing the buttons
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That was definitely imformative - thanks OT!
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If I recall correctly, in her early years, she was a Big M Girl. As a journo, she was one of the better ones. Although I wouldn't have recognised her, she looks very good for.. and a bit younger than 69.
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Has been a while since we have heard from Bruce. Does anyone know how he is going?
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Sadly, who knew about this ceremony? I doubt there would be too many people in the street you meet that would know, let alone give a rat's posterior. While I would wager they got in touch with as many vets as possible, sometimes the healing starts from wider recognition. Why was this not really picked up by the MSM?
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In the UK it is estimated there are more pemanently empty dwellings than homeless people. Of course, if you are an owner of one of the empty dwellings, you pay double the council tax (rates). And, you may be liable for CGT as well, when you sell, although a quirk of the law here, which exempts you from CGT if yoo lived 5 years or more in the house as a priomary residence means sometimes families flip between their houses. And of course, you may not want anyone living in you hose, especially on a social housing basis due to the fact they are stereotyped to have a higher probability of not taking reasonable care of it. In Australia, it is not quite as easy to work out. The best I could come up with is this: https://www.ahuri.edu.au/analysis/brief/are-there-1-million-empty-homes-and-13-million-unused-bedrooms I get that there is a macro-lens on thiks; a lot of the more permanently empty dwellings should be forced onto the rental market/take in social housing tenants. But, when we bought this house, which has a 2br self-contained cottage on site, the state it was in after the council tenants were removed was parlous, and I will be buggered if I put it up for social housing after the effort I put in to put it back to a reasonable standard. And, no offence, but a couple of spare bedrooms is there for a reason and not to have some nutter I don't know move in.
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Looks like the Greens have got themselves a seat after all, according to the ABC, but the SMH is still reporting in doubt. Have found the SMH/Age is usually a little behind the ABC. The ABC is also calling Kooying to Monique Ryan, but it still has to be too close to call with 9.4% of the vote to count and only aan 885 vote (0.8%) lead.
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The climate change debate continues.
Jerry_Atrick replied to Phil Perry's topic in Science and Technology
Hmm.. Just proves Scotland is a little backward in domestic heating fuel and the SNP are largely incompetent. Their own study concluded that coal and other high sulphur emitting fuels should be prohibited back in 2023 https://www.gov.scot/publications/impacts-sale-house-coal-polluting-manufactured-solid-fuels-scotland-final-report-report-commissioned-scottish-government/pages/5/
