Category Archives: Uncategorized

Western ideals of aspiration born out of the Black Death

Today in The Australian When the Black Death reached Europe and the Mediterranean in 1346-47, Egypt and England were roughly comparable economies, with similar populations and income levels.

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Biden has won (2)

I know a number of you have been hoping that the US Supreme Court would help overturn votes awarded to Biden. Today in a UNANIMOUS ruling of the US Supreme Court, all appeals against the declaration of the votes in … Continue reading

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Guess which State/Territory has the WORST credit rating?

Guess which State/Territory has the WORST credit rating?  Before answering, let TAFKAS explain what a credit rating is. According to Standard and Poors, the people doing the rating assessment: An S&P Global Ratings issue credit rating is a forward-looking opinion … Continue reading

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Name changed to protect the incompetent

Hmm.  Wonder what their sovereign debt credit rating is? HARARE (Reuters) – Zimbabwe’s inflation rate eased to 401.66% in November year-on-year from 471.25% the previous month, statistical agency Zimstats said on Tuesday. On a monthly basis, prices increased by 3.15% … Continue reading

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Credit where credit is due

This may be shocking for Cats to hear, but Kevin Rudd is not a moron.  He may be a pretentious narcissistic prick, but he is not a moron. If you read or listen to Rudd’s writings and public comments on … Continue reading

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You can’t reduce debt by taking on more debt

Pop.  That is the sound of the pin of reality piercing the inflated balloon of Australian economic wish thinking. Reported today: Victoria and NSW have lost their prized AAA credit ratings, with ratings agency S&P Global downgrading both states on … Continue reading

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It’s over – Biden won fair and square

Get over it – Trump lost easily because of his own misbehaviour and incompetence. While I think he did a few good things for the country, he has managed to offend enough people enough of the time that they voted … Continue reading

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Calculated show of contempt by China

Today in The Australian Calculated show of contempt by China As so often happens with mass production, the quality of China’s lies has plummeted as their number has increased. However, the purpose of its latest outrage was not so much … Continue reading

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Renewable energy subsidies have poisoned Australia’s electricity supply system

I have an article and in this morning’s Australian which addresses the destruction of the once low-cost reliable electricity supply industry, a distruction that has been caused by subsidies to wind and solar. The article draws from the “Climate and … Continue reading

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No. No, no, no. No.

Today it seems is Queensland budget day.  This is the headline from the Australian: Queensland budget: Covid forces $12.3bn collapse in state’s revenue For once and for all can we please get this clear.  It was not Covid that led … Continue reading

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