…Hot Property

28th April 2003. I see Singapore is levying super taxes in the way of stamp duties to 60% to curb overseas buyers ( mainly Chinese) from distorting its property market. It is about time some politicians in OZ did the same so our young people have a place to live. ‘Landlords grow rich in their sleep’

..The curse of the drinking classes

24th April 2023. Any body with half a brain can see the pattern of knowledge work changing to remote work. The plunging commercial property prices are indicative of this change. The distinct cost savings and advantages of working remotely are too obvious to be ignored save for those trying to prop up cities which have lost their raison d’etre. “Doing nothing is very hard to do… you never know when you’re finished.” 

…Little Interest

8th April 2023. Quite a few years of observing financial markets has indicated to me that you can have either reasonably high interest rates about 6% or you can have inflation. To those living in a fools paradise of low interest rates in recent years and making long term investment decisions based on low rates, I have little sympathy. ‘The only difference between a rich person and a poor person is how they use their time‘

..I have repeated this post every 5 years …nothing much changes

26th March 2023. I sense the same feeling in people as I feel myself in the commencement of this year. A matter of fundamental rights and principles, a backlash to the last 15 years of erosion of human rights in the name of the ‘war on terror’…. to the spending of kazillions on arms, while many starve to death or die of treatable disease….. to the corporatisation of sport and its sell out to big gambling, to the perversion and monopolisation of the traditional media….to the politicians, corrupt and honest,with their self serving obscene pensions and benefits,to Big mining,the Big Pharmas,the Corporate Barons with their tame remuneration companies,arms traders and drug lords; a backlash to greed and corruption in all its forms and guises, disgust and disillusionment on a massive scale.

…Now you see it

26th March 2023. News that The Swiss Federal Bank has just made 17 billion euros of Bonds disappear must be of great comfort to the bond holders and given the remainder of us a warning as to the fragility of the global banking system and the ruthlessness of the gnomes who inhabit it. “By this means the government may secretly and unobserved, confiscatethe wealth of the people, and not one man in a million will detect the theft.” – John Maynard Keynes

..Hell in a handbasket

28th September 2022. Oceans warming, glaciers melting, war in Ukraine may go nuclear. Today someone blows up gas pipelines. Any population explosion is eventually self correcting and we are about to get self corrected. Get yourself a seat in first class and hang on for the ride – it’s going to be a doozy. ‘So what if I can’t spell armageddon – its not the end of the world’

..still serfs

18th September 2022. I look with amusement at the hour long queues to view the coffin of a dead monarch. A monarch whose dynasty has seized a vast amount of the communal wealth for their own purposes and comfort. Delusion on a grand scale. – -‘Men will never be free until the last king is strangled with the entrails of the last priest ‘ – Diderot

An Unfortunate Armageddon…

1st September 2022. In the last 80 years the world population has gone from 2 billion to almost 8 billion. This meteoritic rise will only be exceeded by the rate of fall when the unfortunate armageddon of our own stupidity engulfs us. ‘Science is not calling the latest generation the ‘Omega’ generation for nothing’

Nine years in the wilderness…

17th August 2022. I am still recovering after more revelations of Australia’s nine years in the wilderness in the grip of rogues, thieves and liars, no not all, but enough to make me question a system of government which allowed it to happen. ‘A government big enough to give you everything you want, is strong enough to take everything you have.’

Don’t Look Up…

30th July 2022. In the middle of a raging pandemic currently in Australia claiming over a hundred lives a day a certain section of the population including senior politicians are frantically looking for holes in the ground to stick their heads into. What you can’t see can’t hurt you. Beam me up Scottie. “I got my Covid test it came back 50 – – my IQ test came back positive“