@taipan168 It is prudent always to run a household balance sheet following the Buffett rule of using book value not “mark to market” for assets, to protect against the hubris of the “Wealth Effect”.
@TheStingisBack Low key one of the great cross cultural comedies. American excellence, laconic Australian humour, the space program … great concept perfectly executed
@matthewstoller If you eliminate factors internal to firm decision making, like cost of capital, hurdle rates of return on invested capital, and competition for equity, then yes, investment can achieve production miracles. Until the source of relief from those factors disappears. Then 🤯
@NickRiemer1 “Under fire”. You mean unlike the people (for whom you have not a single kind thing to say) who were “under fire” on Bondi Beach? Unlike them, not a single hair on Ms Johnson’s head was harmed.
@MarcherReborn And Italy has a failed football team, higher than average rainfall and is stably governed by a conservative woman. So Italy is now a former Britain.
@GalasFuergo@BohuslavskaKate Чтобы увидеть то, что находится прямо перед вашим носом, требуется постоянная борьба, как говорил известный антикоммунист Джордж Оруэлл.
@taipan168 It’s actually worse than that. Australians have failed our fellow Australians. We’ve let a relatively small loud, prejudiced minority intimidate a larger group into defining a certain group of Australians as outside our moral community. The shame is beyond certain institutions
@Steve_Sailer@antipode_elliot@Hebro_Steele Yeah, but the Australians are even better at that game too.
And Rugby League is the official national sport of Papua New Guinea so watching those guys execute tackles would be awesome to watch.
@ellehardy The low key driver of soccer’s popularity is keeping the fans of the country of its invention hopeful, yet hungry and dissatisfied. Heartbreakingly close semifinal losses keep fans interested and scribes active.
“Next time it comes home” does an enormous amount of work.
@taipan168 The emergent NGO-Union-ALP-bureaucracy-think tank octopus is now so pervasive and threatening to general prosperity it makes the coming of an Australian DOGE after the next change of government almost inevitable.