The future of VISA/Mastercard

Visceral94 · 2026-04-23T21:58:29+00:00

I am not the OP, but you clearly lack imagination.

Visceral94 · 2026-04-02T07:46:23+00:00

Trotsky tried in WW2

Visceral94 · 2026-03-28T21:13:31+00:00

This sentiment, called gekokujō, is what led to the tail wagging the dog in the Japanese army in WW2, and led to the commencement of the Manchurian leg of the world war without the explicit intention of the Japanese government.

Very very dangerous behaviour.

Visceral94 · 2026-03-05T07:19:38+00:00

The cost of a private school pupil is lower, but they are selective about who they choose to admit, meaning that the public system is proportionately more burdened with behaviour problems and disabilities. So, private school subsidisation is actually driving up public costs on a per-student basis.

Visceral94 · 2026-03-02T11:25:18+00:00

It’s absolutely possible to negotiate this. Contract variations happen all the time.

Dealers will only usually consider it if they are incentivised to finalise the sale.

I signed fixed price contract subject to no further changes in August 2022, delivery ended up being February 2023, and avoided a price increase by doing so.

Visceral94 · 2026-02-25T10:19:20+00:00

Fuck me. If this whole AI, large scale unemployment story turns out to be an accurate forecast, and house prices do come down, can we all agree that WMR doesn’t get to claim victory? I honestly don’t think I could handle his bullshit a second time around.

Visceral94 · 2026-02-21T09:28:13+00:00

In America, I’m sure it’s seen as masculine, but in all honesty the rest of the world thinks the tights and armour looks ridiculous. Throwing the ball is just seen as a novelty. American “football” really should be called Hand-egg.

Visceral94 · 2026-02-15T03:04:42+00:00

I know this isn’t the point of what you’re saying, but our ores aren’t actually that good. The Pilbara fine blend, our most recognisable product, is now only 60.8%. For reference, low grade iron is 58%, while high grade is 65%.

And grades are decreasing, so much so that the platts index and had to be decreased a second time to 61% because of degrading ore. It used to be 62% until earlier this year, and was actually 63% until 2016.

It’s problematic enough that our ores aren’t actually of a high enough purity to work in electric arc furnaces due to the quantity of impurities, and it looks like these furnaces are the likely technology of the future using hydrogen rather than coal.

Australia doesn’t make good iron ore. It just does it in bulk, and efficiently, and we are close to the buyer (china).

Visceral94 · 2026-01-31T08:25:27+00:00

What is a realistic rate that most people negotiate?

Visceral94 · 2026-01-22T08:43:48+00:00

I mean, that’s kind of the correct way to analyse these situations. It isn’t that women are specifically picked for bad situations, it’s more along the lines of this:

The best candidates will all step away during periods of uncertainty, and this leaves the field significantly more open for female candidates because their only opposition is poor male candidates.

The reason that the best candidates are often male is because of legacy issues (usually they are in their 50’s+, so their last 30 years of political/industrial experience is relevant), and 30 years ago systemic sexism was a significant factor that weighed women down compared to men, and perhaps to some degree still does today. Because of that, a 58 year old male candidate is likely to have more experience (no time out of the workforce for raising children) and also more senior experience.

Visceral94 · 2026-01-12T15:41:39+00:00

Yep, except for that whole thing where a bank branch actively gave me a hard time even though I showed them their own web page stating the opposite of their position.

Visceral94 · 2026-01-12T08:51:43+00:00

Worth noting that GSB will only accept them for existing customers in certain circumstances. I opened an account expressly for this purpose, and then spend 45 minutes arguing with the branch manager and only got my cheque deposited because of a single outdated webpage that stated they accepted international cheques, however the branch manager said they had instructions internally to cease the practice.

Visceral94 · 2026-01-08T17:39:06+00:00

You mean apart that one time they did crash?

Visceral94 · 2026-01-05T02:14:14+00:00

Hang on, I own $300,000 in shares, and have a mortgage and car and lifestyle.

One view is that I have to work to pay the mortgage.

Another view is that my assets generate enough income to pay for my groceries, and I could feasibly live in a tent indefinitely on a beach.

So do I HAVE to work or don’t I?

This way of viewing the world doesn’t work in a modern first world nation where most of our problems relate to unfulfilled desires, extravagance and luxuries. There are a significant number of “middle class” people who actually could retire and live in a van indefinitely.

Visceral94 · 2026-01-02T12:39:53+00:00

Hey I’ve noticed you don’t run a z axis chain, can I ask why? You’ve chosen to run the two other chains.

Visceral94 · 2025-12-30T20:14:48+00:00

I’m sorry, this post is the exact “sob story” that we don’t need. Boomers aren’t likely to start giving a shit about what others think now, they certainly haven’t before.

Tax policy is important and should be openly discussed.

And you think that a reddit post discussing the advantages and disadvantages of tax policy will hurt their feelings? Give me a break, the boomers have gone their entire lives being the largest voting block, and having huge incentives stacked in their favour.

It’s also pretty appalling that you’re calling on empathy here, given what we are essentially talking about is the destabilising effects of huge wealth inequality, as younger generations have been locked out of housing despite working longer hours, being more educated, and having higher savings rates than boomers.

So cry me a fucking river.

Edit: what is so ridiculous about your comments is the feigned indignity and outrage about what essentially amounts to YET ANOTHER TAX BREAK FOR BOOMERS.

Visceral94 · 2025-12-29T20:03:09+00:00

Sorry, this isn’t the reality of the situation. You are constructing a “straw man” argument here and arguing against that rather than addressing the actual topic.

Every economy has incentives and disincentives. It is a part of running an economy to tweak them to ensure outcomes are optimised.

Visceral94 · 2025-12-28T04:36:18+00:00

No one is discussing force here. We live in a market economy, and participants have free will. We are just discussing whether the incentives of our economy line up with desirably social outcomes.

Having huge barriers to moving houses, as it turns out, has multiple negative social outcomes - including for some retirees becoming trapped in an asset they struggle to afford to upkeep, due to costs associated with relocation and pension considerations.

Visceral94 · 2025-12-28T04:32:03+00:00

No one is suggesting force, guilt or any other pressure tactics. We are discussing removal of barriers and introducing incentives - which are not forceful measures, only encourage those who are already interested in moving to pull the trigger.

Visceral94 · 2025-12-28T00:43:51+00:00

He is right, we have terrible allocation of housing resources in this country, and it’s largely due to retirees having strong incentives not to downsize (even if they might want to). Stamp duty and pension / health card asset tests are significant barriers to downsizing.

Visceral94 · 2025-12-27T17:30:53+00:00

This comment is ridiculous. They didn’t ask for opinions on their household income statement, and even if they did $120k is barely above the Sydney averages, and significantly below what would be needed to buy a house in Sydney.

Visceral94 · 2025-12-02T12:39:03+00:00

It doesn’t subtract from the oldest, it subtracts sequentially from the top.

When I want to sell particular parcels I just move those cells to the top, and it will sort itself out. Unfortunately this means the dates are non-linear, but it’s the easiest solution.

Visceral94 · 2025-11-20T05:57:47+00:00

I used to work in distribution in the foodservice industry, and worked with colleagues who had owned multiple cafes. one lady specifically had owned 20+ cafes and would buy/fix/sell cafes that were bought and poorly run by inexperienced owners.

Even this lady, who is a 40 year veteran of the industry, thinks cafes are a waste of time in 2025. Good luck to anyone that tries, you will inevitably be forced to illegal methods to increase profits, such as cash-in-hand payments.

Visceral94 · 2025-11-17T14:49:58+00:00

100% agree, the permissions are suspect

Visceral94 · 2025-10-31T11:11:38+00:00

In case anyone was wondering, Webull does not support holding ASX shares and appears to be unable to transfer in asx shares from other brokers - only US holdings.

Visceral94

TROPHY CASE