Australia to buy nuclear-powered submarines from the US. A few years ago this would have been big news but now it seems irrelevant. The things are not supposed to be in the water for another twenty years, which will mean thirty and they may not work. Australia will rely upon the US and UK for the fuel, servicing etc., plus the other technologies that form part of the deal, which locks us in to all their likely conflicts with China.
By the time anything substantive is delivered, the struggle for the Pacific will be over and some of the nations in this trifecta may no longer exist in their present form.
No man is so wise that he can afford to wholly ignore the advice of others.
James Lendall Basford
By now you should have approximately worked out where you’d like to invest your money for the long term, based on your individual preferences and risk profile. You’ll need to consult a financial advisor to ensure that the plan best suits your individual circumstances. Advisors sometimes have access to financial products that you can’t access as an individual, and they can guide you on tax and other issues. Most importantly, a good advisor will be much more expert than I am. They have actual qualifications, you see. So get advice.
Amid the drama of Julian Assange’s show trial, the media has missed a major story: WikiLeaks.org has not been updated since late 2019.
Their last press release was on 21st October. The last featured leak was about the supposed Syrian gas attack, published 23rd October. The last leak I can find is Part 4 of the same matter, released 27th December, 2019. There were also some leaks about an Icelandic fishing company in November.
Wikileaks’ products are still available, donation buttons operable and the link to submit documents is there.
A search for what the hell happened brings up nothing. Try “what happened to wikileaks’ and you’ll find 2016 MSM FUD attacks. After all WikiLeaks did for them – for about a decade, it was the media’s main source of material and journos no longer needed to leave the office or talk to commoners.
Japan’s not looking good. The rest of Asia is locked up. I’m not keen on spending a fortune to get transported back to Botany Bay for the jab-o-nine-tails and seven years hard lockdowns.
I need a home.
These three stand out because (a) I can get there from here, (b) they seem cheap, and (c) I can get citizenship after a few years of residency, if I like it. Or I might tread water there until I can reach my original destination.
I know nothing about Latin America or the Caribbean but am accustomed to normal Third World issues. I don’t blink when the power goes off.
Developed countries generally have a retirement scheme, or multiple schemes, in order to provide incentives for individual retirement saving and to reduce the burden upon the state pension system.
These vary widely by country, and include the 401(k) and IRA, both Roth and traditional versions (in the US),[i] personal pensions (the UK),[ii] the RRSP (Canada),[iii] or superannuation (Australia[iv] and New Zealand[v]).
Oxford University releases online calculator for figuring out your chances of dying or being hospitalized from Covid, based on UK stats.
I tried entering the details of a 100-year-old man in a nursing home with multiple conditions including coronary heart disease, dementia, an organ transplant and Down’s syndrome. Threw in some chemotherapy. The poor fellah came up with almost a 100% chance of being infected and dying over a 90-day period similar to the UK’s last peak.
Next I tried a 90-year-old man in a nursing home with type-2 diabetes and arthritis. 1 in 58 chance of being infected and dying, 1 in 50 chance of being hospitalized.
A healthy, independent 80-year-old man: 1 in 696 chance of being infected and dying.
Send this to your bedwetting friends and watch it do no good at all.
As briefly mentioned twice earlier, it is tempting, when looking at the ups and downs of the market, to try to time the business cycle so that you buy stocks after a crash when they are cheap, and then sell them after a long bull run, when they are much more expensive.
It sounds like a great idea, doesn’t it? Like surfing: wait for a perfect wave that is about to break, and off you go!
Frightening research has revealed the dire situation Australia would face if it rushed through its reopening process, ditching public health measures after the nation reached vaccination levels of 80 per cent . . .
The ANU-led modelling warns that if Australia reopens to Phase D with 70 per cent of Australians aged over 16 fully vaccinated, there could eventually be . . . 29,000 fatalities.
That would be a death rate only somewhat under Sweden’s, despite 70% vaccination. Are the shots that shit?
I decided to bypass Amazon and buy a Terror House ebook direct from their store. I had to get instructions from Matt on how to get it onto my Kindle.
At first he thought I was joking but then, when I insisted that I was serious, he gave me the steps with palpable embarrassment.
Turns out it’s easy: download the file, send it to your Kindle email address (they all have one), perhaps fiddle with one last thing if required, and there it is.
I always bought ebooks via Amazon because that’s all I knew. Go to the Kindle store, search, press the ‘buy’ button.
In fact, I didn’t even know that you could read non-Amazon books on Kindle. I’d wondered about it but never actually tried it. You can read anything on those. If a mate sends you a manuscript as a Word doc, you can forward it to the Kindle to read there – much easier on the eyes. You can copy and paste long articles from the onlines, too.
Of course, Amazon could still reach into your device while the WiFi’s connected and delete anything they find objectionable but I’m not too worried about that at the moment and can’t physically obtain or store paper books right now anyway. I know others are building paper libraries and that’s a good idea.
Probably all this has not taught my reader anything he didn’t already know, but the anecdote may illustrate something interesting: consumer inertia.
Looks like there was huge attendance at the anti-lockdown protest in Sydney. That’s something. My criticism of Australia vs. the US has been based on the apparent fact that most Aussies seem to want to throw away their freedom over the virus. I know you had poll numbers that seemed to indicate that too, but that picture casts some doubt on that, especially since they’re apparently risking detention by state security forces.
That’s true. You don’t need a majority to effect change, only a determined minority plus support from an elite faction. I reckon risking massive fines (AUD$5,452 / USD$3,900) counts as determined.
I watched footage of the protests with interest. It’s far whiter than Melbourne overall but not as white as I expected. I wonder what the demographic fault lines are with lockdown support – my guess is economics/class because that’s how the winners and losers have been divided.
These protesters are still very much still a hated minority. Mainstream news is painting them as right-wing terrorists while the majority of comments condemn them as stupid:
By the late Roman period, landlords had become so wealthy and powerful that they refused to allow their workers to be recruited into the legions. Instead, they sought security from barbarian warlords.
Thus the feudal period began.
In the era of the Roman Republic, many farmers were yeoman with the rights and responsibilities of free men. They were gradually replaced by slaves conquered from foreign wars and the relative power and wealth of the aristocracy increased. By the end of the Empire, ordinary peasants had become serfs. They were forced to work for their lord and were not allowed to leave the manor. The average person never ventured more than ten kilometers or so from his village. A few managed to remake themselves by escaping to a town and learning a trade but most would not improve their station until the Black Death made labour scarce and workers in high demand.
The division of labour in society has changed several times since then and right now it is changing again.
It seems likely that instead of having a large middle class as in the post-war years, we will be divided into two new classes. These nascent castes have already begun to form and my reader probably knows which one he belongs to. It’s easy to make predictions about things that are already happening.
At Amazon, machines are often the boss—hiring, rating and firing millions of people with little or no human oversight.
Remember a little while back, we were discussing how you may need a mix of bonds and shares? Well, some of those index funds can help you to do it. Rather than, say, putting 30% of your money into a bonds index fund and 70% into a share market index fund, you might find that there is a ‘balanced’ or ‘diversified’ fund available that already diversifies in this way for you. Such diversified funds might also include some cash or equivalents, real estate, or other investments.