Wednesday, July 06, 2016

TINA

Watching European yields fall yet even further


Do investors hope to find Yet A Bigger Fool to sell to? or do they really think we'll be 0.2% worse in 10 years?


But I am starting to wonder as I watch 10 year yields in Europe go negative etc that this is all simply a case of “mis-allocation” and that people piling into negative bond yields because that's where "their" cash allocation goes each month (eg the same way Australian investment property is going into ever lower property rental yields with higher purchase prices)….because “that’s what you do”.


I’m starting to wonder if our personal investment dollars wouldn’t be better off going into “startups” (heck possibly even going into actual lottery tickets) as the yields we’re getting in Australian property rentals seem to be getting worse and worse even though we are the ones taking the risks eg banks aren’t taking any risk at all and they are collecting 4.5% (or over 2% profit with .5% operating costs and under 2% cash costs).

The real problem is with inflation continuing to eat into cash (eg real inflation and not the bullshit figures the government is giving us) is it just a matter of TINA (There Is No Alternative) and all will right itself eventually once demand comes on? or are we just setting up for yet another even bigger collapse? …..what to do….what to do?

Sunday, July 03, 2016

Too much #SLOSH

wow just came across this quote

"The U.S. Federal Reserve has created over $3 trillion dollars of new money in the last decade (after taking nearly a century to create the first trillion)."
Great for people that have anti-inflationary assets......very very bad for people who have jobs with a salary.....

Friday, July 01, 2016

Tesla Auto Pilot death

Tesla now claiming ....drivers should be paying attention and its not "auto driving" oh so now you tell us.

Claiming white truck against white sky. Loved Becky Quicks question...."so basically apart from sun and snow they are claiming this will work......"


Tesla are going to get their asses sued off, in this case i bet there are some 'conditions of use" that protect liability but wait until it kills someone else eg a driver of a regular car 'not' driving a Tesla who through no fault of their own gets killed.
Either the technology works or it doesn't......

Debt....what debt....kick

Hear that noise....thats the can being kicked down the road and your tax dollars are funding it.
Nothing to change the fact that Puerto Rico are taxing too little and spending too much.

http://www.reuters.com/article/us-puertorico-debt-senate-idUSKCN0ZF1XL?

Friday, June 24, 2016

The Killing Season

I noticed a few weeks ago that The Killing Season documentary from ABC didnt have an IMDB listing so created one.

If you saw it and liked it please post a review.......if you didnt see it be sure to watch it available on dvd for purchase or for free online at abc here - http://www.abc.net.au/news/programs/killing-season/

Its an awesome insight at how politics works in Australia behind the scenes.

Wednesday, June 22, 2016

Australian Electoral Roll


"non existent line" probably because the Australian politicians dont want us expats to have the right to vote and kick us off the Electoral Roll after only 6 years of living overseas even though we still have to pay taxes in Australia.....

- http://www.aec.gov.au/Enrolling_to_vote/overseas/index.htm

Saturday, June 18, 2016

The Killing Season

Was really surprised that there wasnt an IMDB listing for the ABC #TheKillingSeason documentary.

I submitted one here
Heres my review, well worth watching.
"As an Aussie expat living in New York I'd often wondered why and where it all went so wrong with the Australian NBN.
What the heck happened in the leadup to this in federal politics that we went from cutting edge to.....well.....where we are now.
After reading a review in the SMH about this doco I bought a copy from ABC and was surprised and horrified...basically Malcolm Turnbull is now in leadership because of personal ambition and greed.
This gripping 3 part doco details all of the twists and turns of the period and makes you realize politicians are very very human".

Friday, June 17, 2016

The second mobile OS hiding in every phone

Following on from yesterdays Intel CPU post....someone sent me this

WTF???

ugh almost like both these situations....were designed this way on purpose.....but hey what do I know.

As i read it all you need to do is increase the signal strength from a fake base station, turn on auto answer and then eavvesdrop in on any cell phone within its range.....

So the question is are people already hacking this capability?