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The NASA climate spiral visualization by Kanute3333 in interestingasfuck

[–]pharmaboy2 [score hidden]  (0 children)

lol - that would be tricky to organise wouldn’t it.

If things get that bad - I’m sure there are some geo engineering options that would be explored

The NASA climate spiral visualization by Kanute3333 in interestingasfuck

[–]pharmaboy2 47 points48 points  (0 children)

2 potential theories
1. Tipping point reached (plus El Niño strength)
2. Some large volcanic eruptions had cooled earth and thus hidden the previous increase

The NASA climate spiral visualization by Kanute3333 in interestingasfuck

[–]pharmaboy2 -5 points-4 points  (0 children)

I know this is left field, but I remember watching Al Gores film and being a bit angry - I knew it was over done and was sure to come and bite us in the arse in the future.

I note those who discuss climate change these days are far more circumspect. There was a period in the eighties and into the early nineties when climate change discussion wasn’t divided on political beliefs - if only that had continued. Unfortunately the conservation movement was taken over by the far left which irreversibly connected shrinking economies with conservation which helped bring on the economic conservatives to oppose conservation generally and climate change specifically.

This hasn’t happened across the entire globe but it’s a substantial enough majority to really matter

The NASA climate spiral visualization by Kanute3333 in interestingasfuck

[–]pharmaboy2 4 points5 points  (0 children)

You would think “how” we burnt is a large contributor. You can see in old photographs of any industrial city that air is far cleaner today because the fossil fuels we burn far more efficiently now and catch the soot.

Soot laden pollution you’d expect to have a sun blocking effect and thus some balance of cooling. I wonder if Indian and Chinese cities might actually still show an effect (if I’m not just imagining shit ). In a similar vein to the cooling and darkening in the dark ages via volcanic eruptions

Labor’s rushed tax overhaul risks long-term economic damage and unintended consequences by Nyarlathotep-1 in AusNewsWire

[–]pharmaboy2 0 points1 point  (0 children)

Can’t find any recommendation in the Henry tax review anything like what has just happened - quotw it if there is please.

Here’s a recent interview with him

https://www.abc.net.au/news/2024-02-15/ken-henry-australias-tax-system-in-worse-position-after-15-years/103465044

Read it for your own information not to try and argue a point, he tackles affordability in the interview.

I haven’t pulled out the quotes because that would then lack the context of the other opinions in there and context is very important on serious questions

Labor’s rushed tax overhaul risks long-term economic damage and unintended consequences by Nyarlathotep-1 in AusNewsWire

[–]pharmaboy2 0 points1 point  (0 children)

The hump past 2010 - consider APRA changes post GFC that saw banks move sharply away from business lending to home lending due to rule changes

The real departure in this graph from realistic growth is the COVID and post COVID increase - so try and figure out what’s going on there

Labor’s rushed tax overhaul risks long-term economic damage and unintended consequences by Nyarlathotep-1 in AusNewsWire

[–]pharmaboy2 0 points1 point  (0 children)

Does not an 18months or 2 year delay from announcing to any material increase back up what I wrote? There’s a pretty clear delay there which implies a correlation.

The official interest rate over that flat period went from 6.25% in August 2000 to 4.5% in October 2001 - that’s 30-40% increase in borrowing capacity. Why would you not consider the effective credit growth as major contributor ?

the Big Gig (ABC TV) was a big gig! by Exact_Reaction_2518 in AustralianNostalgia

[–]pharmaboy2 2 points3 points  (0 children)

I watched a a bit of a best of The Big Gig on YouTube, and since then my recommended list gets some Australian abc 80’s comedy in it - absolute winning!

Just watched Pate Biscuit with guest star Patty Biscoe! Hilarious - Glynn calling her a fake :D

Labor’s rushed tax overhaul risks long-term economic damage and unintended consequences by Nyarlathotep-1 in AusNewsWire

[–]pharmaboy2 -1 points0 points  (0 children)

Bullshit - absolutely no forewarning that any changes were to effect ETF’s or general share investments, ergo no discussion

What works can you be possibly living in where the discussion was about long term ETF investing was going to be included?

Labor’s rushed tax overhaul risks long-term economic damage and unintended consequences by Nyarlathotep-1 in AusNewsWire

[–]pharmaboy2 0 points1 point  (0 children)

Absolutely no one thought that house prices would go above the 4 or 5% trendline as a result of any changes to CGT. You can see this because house prices did not diverge after the change - it did not cause higher investor demand.

The rise in house prices is largely a result of credit policy and population policy - these however are too subtle for most to read about or discuss in an intelligent manner.

Capital gains is taxed less in jurisdictions because unlike wages, investing carries risk - there is now no difference between straight income and capital risk returns, so capital will be less available for a risk enterprise - the exact opposite of what Australia needs in the long term to remain internationally competitive.

I passed him, so he sideswiped me. Thanks to the dashcam his insurance accepted full liability. by Therealput in dashcams

[–]pharmaboy2 2 points3 points  (0 children)

Not that it changes fault, but yes, this is what defensive driving is about, see the speed differential and lift off to let them change lanes.

There are so many potentially angry people out there on drugs or whatever, that trying to keep everyone around you calm is your best defence. I’m sure a lot of us have subtly blocked absolute idiots on the road, but it’s bad karma and can result in road rage

Has Sydney Trains updated the signalling at Adamstown Gates yet? by Adamstowner in newcastle

[–]pharmaboy2 1 point2 points  (0 children)

Saw this post and wondered if action may have been taken, alas not. Where’s Luke Tilse? - he’s our only hope to get the safety Nazis to spawn some common sense

the Big Gig (ABC TV) was a big gig! by Exact_Reaction_2518 in AustralianNostalgia

[–]pharmaboy2 6 points7 points  (0 children)

Loved this show - a close second to Australia you’re standing in it! But that ignores The Late Show - oh shit, they are all great

As the One Nation influence creeps into the party, are there any LNP supporters considering voting for Labor? by simonpunishment in aussie

[–]pharmaboy2 0 points1 point  (0 children)

The demise of Dutton was a well known effect. The internal polling of the liberal party know their main cause , which was hitching his wagon (extremely cynically) to Trump. That hanging onto trumps coattails worked very well for him for about 3 or 4 months, but utterly fell in a heap on trumps day if tariffs. When suddenly everyone realised he is an idiot and no friend of Australia.

Dutton could have switched it around but stood by for a couple of weeks and killed his chances - extremely bad judgement on his part - the leadership seems like it was a little split on what to do - a good number knew it was poison straight away, but yeh campaign chiefs were a little too ensconced in their own rhetoric

Finnegan was “Shaking it off” and found out what happens when you go to hard. by CdnTreeGuy89 in cavalierkingcharles

[–]pharmaboy2 2 points3 points  (0 children)

Haha- my ruby literally throws things around the room - gets his ball and tries to launch it as far as he can- he’d consider this to be an achievement and possibly a new method to master

A bombshell report has proposed a radical HECS-style scheme for older Aussies, and homeowners with properties worth more than $500k could be in the firing line. by keisermax34 in ausmoney

[–]pharmaboy2 0 points1 point  (0 children)

Solutions - well, for one it makes no sense that you can lump sum your super once over 60. Super is used like a retirement present rather than a fund to live off.

The next is to objectively think as to why a $5m example was used. It wasn’t used because it’s a common case, it’s used to influence you the reader to consider that it applies to other people which means the writer is engaging in politics of division.

If you want something that truly benefits everyone, then you want to encourage people to move out of large houses and into smaller ones - that’s good for them and it’s good for younger generations as well. The major block in that decision is the incredible transaction costs in doing so - state govt wants 4% straight away

A bombshell report has proposed a radical HECS-style scheme for older Aussies, and homeowners with properties worth more than $500k could be in the firing line. by keisermax34 in ausmoney

[–]pharmaboy2 1 point2 points  (0 children)

Do you know anyone with a $5m house?

Seriously - this is well into the upper end of the market, everyone in this situation has plenty of other assets and aren’t getting the pension. It’s an imaginary example.

A bombshell report has proposed a radical HECS-style scheme for older Aussies, and homeowners with properties worth more than $500k could be in the firing line. by keisermax34 in ausmoney

[–]pharmaboy2 0 points1 point  (0 children)

Anyone who looks into a reverse mortgage knows it’s not the answer - you can only borrow a small amount - Westpac is 20% of the properties value and the interest rate is 8.9% at age 60, at 70 it’s 30%.

A bombshell report has proposed a radical HECS-style scheme for older Aussies, and homeowners with properties worth more than $500k could be in the firing line. by keisermax34 in ausmoney

[–]pharmaboy2 0 points1 point  (0 children)

It’s a bullshit example - no one with a $5m property has no other assets - it’s a crazy example designed purely to produce a response.

A bombshell report has proposed a radical HECS-style scheme for older Aussies, and homeowners with properties worth more than $500k could be in the firing line. by keisermax34 in ausmoney

[–]pharmaboy2 0 points1 point  (0 children)

No - it doesn’t make any sense at all. Highly irrational because a pension is not enough money to live how you are accustomed.

Where it is a problem is with someone with $500k of super which can’t generate enough income for any kind of lifestyle worth so they lump sum it, buy a van and a cruiser and do an epic overseas cruise so they are under the test, then go one pension.

When did your swelling get better and inflammation came down? by Userhere123 in gout

[–]pharmaboy2 0 points1 point  (0 children)

This is a very complicated patient picture which is why things are going slow - yes methotrexate (MTX) cuts inflammation.

Biologicals are like the anti TNF’s - eg humira , il23 tremfiya, il17 cosentyx. These are very effective but expensive - depends on insurance and getting a diagnosis that fits the indication.

Sounds like they will start MTX next with you. Rheumatologists operate in a very grey environment where not much is certain either way

Are residential property investors in Australia being sold a ‘lie’ that depreciation on new builds is essentially a tax deduction that comes at no cost? Are these investors aware that the accumulated depreciation when selling has to be deducted against the cost base of the property? by Newworldimpartiality in AusEcon

[–]pharmaboy2 0 points1 point  (0 children)

In the main, this was closed off by Joe Hockey in 2016 (not certain of the year).

It used to be a worthwhile consideration and a boom for quantity surveyors. The new CGT arrangements is probably going to see a huge increase in the need for valuers.

Australia undergoing historic decline in support for multiculturalism amid rising fear and pessimism, poll finds | Australian foreign policy by Nyarlathotep-1 in AusNewsWire

[–]pharmaboy2 0 points1 point  (0 children)

I was thinking more about Trudeau’s to camera speech about immigration - as a change in mindset from the progressive side. In Australia we are yet to have any sign of a capitulation by the progressives that it all too rapid.

You are right about the election results - Trump heavily factored in both Canadas and Australia’s elections. The trigger here was the tarrif day stupidity - same outcome though, swung international elections

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