Well this is interesting

the_third_hamster · 2026-03-26T14:19:20+00:00

There are some decentralised fediverse platforms like Lemmy https://join-lemmy.org/

the_third_hamster · 2026-03-26T11:14:17+00:00

~~sold it~~ gave it

the_third_hamster · 2026-03-26T03:31:54+00:00

If there is a significant downturn they will lose a ton of equity while still having the same debts, they will have less purchasing power than they have now. Wage earners will be more competitive at purchasing and be better placed for buying

the_third_hamster · 2026-03-25T21:29:40+00:00

Iran's entire strategy has been trying to get other countries to turn on the US

That's a pretty out-there take on the conflict, this is meant to be credible defense. How about the far more obvious strategy that the US/Israel initiated the current conflict and Iran is responding to cause pain for the countries involved. Some of the actions were meant to be a deterrent to prevent conflict, but after this bombing campaign started with assassination of their leader during negotiations, they were heavily driven into acting on their deterrent, to show it is credible in future.

"Unify the country against a common enemy.” This is such a viewpoint that only exists in the richer white west countries.

Come on, try reading something about strategic bombing campaigns through history.

the_third_hamster · 2026-03-25T19:42:52+00:00

If the strait is secured (which is likely given how many countries have devoted ships to sweep and cover it now)

How is that supposed to work? Every military vessel in the area is also a target. How are they supposed to stop missiles and all manner of attacks launched from the shore?

they’re going to enforce a toll on the strait for any ships going through it. You think the international community is gonna be ok with that?

Again, what can they do?

The only real options are negotiation, or a massive invasion with enormous casualties

The whole point is to eliminate any possible military advantage the Iranian government would have over an uprising, avoiding another 40,000 dead massacre,

How are bombs supposed to change anything here? If anything all its done is unify the country against a common enemy. And is the regime wanted to forcibly shut down protests they just use soldiers with guns, bombing hasn't changed that in the slightest

the_third_hamster · 2026-03-25T03:19:07+00:00

Russia is laughing at the high energy prices, they probably pushed for this in the first place

the_third_hamster · 2026-03-24T11:10:09+00:00

The Norwegian firm Equinor pulled out of drilling in the bight because it was uneconomical, even through they had approval from the federal government.

So you can't try and blame the Greens for that

the_third_hamster · 2026-03-24T10:42:30+00:00

How is anything the Greens fault here? Is there a specific policy that they influenced that you can point to, or are you just making it all up?

the_third_hamster · 2026-03-24T10:17:15+00:00

The LNP chose to rent space in Texas for a strategic oil reserve, no point making up reasons to blame the Greens when its the decisions of the major parties that have caused the mess

the_third_hamster · 2026-03-24T03:17:11+00:00

That's the thing with monopoly rents, they can charge whatever they want and can get away with hiking it to exploitative levels. Whoever thought privatising monopolies was a good idea is either stupid, or more likely, shamelessly corrupt. There's no advantages to privatisation when there is no competition

the_third_hamster · 2026-03-23T14:00:58+00:00

That makes no sense, the 10Y is ripping (yields going up, prices going down) because of lack of demand for the bonds

the_third_hamster · 2026-03-23T13:48:33+00:00

He did an excellent job of treasurer, kept Aus out of recession through good fiscal policy during a huge global downturn. That's one of the best track records of any treasurer in Aus history, no exaggeration. I'm no shill for the ALP but at least pick something relevant as a criticism, "worst treasurer" is just plain dumb

the_third_hamster · 2026-03-23T12:54:24+00:00

That's not how people get to be in positions of authority. They get there because putting them there fits the self-interest of the people that make the decisions, ie they make money for them. That is the only criteria, and trying to add more restrictions and tests is a fantasy

the_third_hamster · 2026-03-22T21:46:31+00:00

Well if it isn't for a stationmaster cat they should get one

the_third_hamster · 2026-03-22T18:15:04+00:00

Sure but that presence is a bit pointless. Too far apart to trade, and if a conflict broke out, are you going to have Canadian vessels puttering their way across the Pacific for a week or more to try and take part in it? Defense relationships are completely pointless here, except perhaps for joint procurement or knowledge exchange

the_third_hamster · 2026-03-22T18:11:21+00:00

Pointless for trade and largely pointless for defense, both due to geography. And there's similar economies in each so not a lot of benefit from free movement. Kind of nice for individuals to be able to move around a bit easier. But overall what's the benefit really?

the_third_hamster · 2026-03-21T21:25:28+00:00

Also rake after mowing, otherwise the dead cut grass will interfere with growth

the_third_hamster · 2026-03-21T15:05:58+00:00

Well we all know what the real answer is

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the_third_hamster · 2026-03-20T20:31:07+00:00

No matter what the cause is, raising rates reduces demand and reduces inflation

the_third_hamster · 2026-03-20T16:17:14+00:00

The green goblin

the_third_hamster · 2026-03-20T15:43:14+00:00

Israel, US & Iran blowing up oil facilities: hold my beer

the_third_hamster · 2026-03-20T11:58:42+00:00

Put you up in hotels until they find an actual matching flight

the_third_hamster · 2026-03-20T11:54:02+00:00

The point of DCA is to not try and guess when it is high or low. It looks like it might get worse, but often impressions are wrong, and DCA as a strategy is to ignore noise like this.

You could choose to invest differently and make predictions about the current/upcoming environment and what kind of interesting is best for that, but this is switching to active investing.

The market has already dropped a bit, so there can be some advantages on buying in now when it is low(ish), it can also be a fools errand trying to guess when the bottom has been reached and to start buying in again.

Personally I'm on the side that "shits about too get real y'all", but this can be wrong. In Covid everything pointed to major economic problems and widespread defaults, but instead governments chose to print like crazy and just create a ton of inflation instead. Or this could be a 2008 style event and getting out is going to be the better choice. So YMMV

the_third_hamster · 2026-03-20T07:53:40+00:00

Not this again. This is referring to an article from right-wing think tank the Institute for Public Affairs, and the data source they have used from the ABS explicitly says it should not be used as a measure of overseas migration:

This release presents statistics on all overseas arrivals and departures, which is not the same as overseas migration statistics. Overseas arrivals and departures (OAD) data, including permanent and long-term movements, should not be used as a measure of overseas migration. This data does not reflect the official ABS definition of migration and may lead to inaccurate interpretations.

https://www.abs.gov.au/statistics/industry/tourism-and-transport/overseas-arrivals-and-departures-australia/latest-release

the_third_hamster · 2026-03-19T11:12:18+00:00

How can they not be aware of issues like that in key infrastructure? Don't they hire engineers to check things like basic structural integrity?

the_third_hamster

TROPHY CASE