Gary Jeffery

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Gary Jeffery

Gary Jeffery

@Gnu352

Huge fan of financial markets, AI and Banh Mi. Consider everything you read of mine a short story. “Truth is stranger than fiction” - Mark Twain

Sydney, New South Wales Se unió Nisan 2022
402 Siguiendo324 Seguidores
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Gary Jeffery
Gary Jeffery@Gnu352·
These are Australians. Do you want any more evidence that Australia’s immigration system is broken? Labor and Liberals sold this country out. Diversity is our strength…GFY! Vote @OneNationAus
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Gary Jeffery retuiteado
Chamath Palihapitiya
Spending more while getting less is usually a good sign of corruption, fraud, waste and incompetence. Our education system in California is profoundly broken.
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Gary Jeffery retuiteado
🇦🇺Craig Tindale
Keating’s move here is the oldest trick in the political handbook: take a dispute about culture, cohesion, assimilation and national continuity, and flatten it into a morality play in which one side gets to preen as virtuous while the other is denounced as wicked. It is a way of avoiding the argument by declaring it already settled. Once the word “racism” is used as a ritual incantation rather than a serious description, the discussion is no longer about policy, citizenship, or the terms on which a nation holds together. It becomes a theatre of denunciation. And that is convenient, because the deeper question Angus is trying, however imperfectly, to reach is whether a country may still ask what sort of common culture it intends to sustain without being told that the very act of asking is morally disreputable. The historical abuse is just as bad. To drag Menzies into this as though he were a patron saint of borderless liberal abstraction is ridiculous. Menzies believed in immigration, yes, but immigration into something. Into a common civic life, a common language, a common set of national habits and loyalties. He did not believe that a nation was a hotel lobby, a place through which populations drift while elites congratulate themselves on their enlightenment. He believed citizenship meant belonging, and belonging meant adaptation. That is not racism. That is the elementary grammar of nationhood of which Keating is poor student . What Keating is really doing is protecting a modern taboo. He knows that once you permit people to discuss cultural confidence, assimilation, and continuity in plain language, the entire managerial pose begins to crack. So the racist accusation must come first because it silences. It creates a false bifurcation: either you accept the dissolving of national culture without protest, or you are to be classed with bigots and fools. That is not argument. It is intimidation dressed up as moral seriousness Much of Australia’s modern political discourse now operates through this bifurcation: not an argument about policy, consequences, or national interest, but a moral sorting ritual in which one side claims virtue and the other is cast as morally illegitimate before the real question can even be asked. As much as Keating is entertaining he’s corrosive to the country’s future
Kon Karapanagiotidis@Kon__K

Paul Keating does not hold back in response to Angus Taylor new immigration policy and I’m so here for it. Reminds me of better times when we had PMs with the backbone to tell it like it is. Truly statesmen like & excellent & I encourage everyone to take a moment to read it 👇🏼

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Hamish
Hamish@hamishgryan·
@0bservationism @Gnu352 @ChrisEconomist @peter_tulip Egypt is an underdeveloped shithole. Try Tokyo, Shanghai, Mexico City or New York. I doubt you’ll find that people are any less happy than their rural peers. You’re talking utopian lefty drivel
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Tarric Brooker aka Avid Commentator 🇦🇺
Statement of the obvious, but it should be the goal of policymakers not to need any overseas migration. We should be targeting conditions favourable for replacement fertility rates, educating our own populace to do skilled roles and paying those doing low skill work decently.
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Alex Joiner 🇦🇺
Alex Joiner 🇦🇺@IFM_Economist·
What was the political debate like in Canada that led to this outcome? How can it be framed in Australia to achieve an optimal outcome for the people that government represents? Noting that since 2005 the Australian population has grown 37% and Canada's 29%.
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Gary Jeffery
Gary Jeffery@Gnu352·
@tanya_plibersek Low IQ people resort to calling policy racist. Why don’t you make a case for mass immigration….probably above your pay grade.
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Chris Richardson
Chris Richardson@ChrisEconomist·
@peter_tulip Yes Density helps prosperity Yet planning fights density The implication is clear - planning fights prosperity
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Gary Jeffery
Gary Jeffery@Gnu352·
@MishGEA @grok You don’t understand banking. If the US sanctions a company or country they are completely shut out of the US$ system, all US$ accounts are frozen. Try buying Saudi oil now, what are you going to rock up with $1 billion in cash…lol.
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Mike "Mish" Shedlock
The Petrodollar Theory Is Dead. It Never Made Sense to Begin With I retitled my previous post to the above. @grok Several readers asked me to discuss the petrodollar. Here are two pertinent theories. mishtalk.com/economics/petr…
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Gary Jeffery
Gary Jeffery@Gnu352·
@DrCameronMurray Then you don’t understand how banking works. All US$ are held by only banks that are a licensed US$ clearing bank, everyone else uses a correspondent US$ bank. If the US sanctions a company or country they are completely shut out of the US$ system.
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Cameron Murray
Cameron Murray@DrCameronMurray·
I have never really understood why so many think there is some kind of “petrodollar” power. You can just convert your euros to dollars to buy oil, and when you receive dollar from oil convert them to any other currency. You don’t need to HOLD a lot of US dollars, nor does it necessarily create a continuous net demand for US dollars.
Mike "Mish" Shedlock@MishGEA

The Petrodollar Theory Is Dead. It Never Made Sense to Begin With I retitled my previous post to the above. @grok Several readers asked me to discuss the petrodollar. Here are two pertinent theories. mishtalk.com/economics/petr…

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Angus Taylor MP
Angus Taylor MP@AngusTaylorMP·
If you want to call Australia home, you should speak its national language. We will make learning English an obligation for permanent visa holders - not an option.
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Charles Murray
Charles Murray@charlesmurray·
I think that's almost exactly how I categorized them (full disclosure: also using Grok).
X Tera@TwitaTera

@charlesmurray @lilmoemusic I had Grok make the best educated guess as to which countries go into which groupings: (Dr. Murray - please correct as needed)

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Gary Jeffery
Gary Jeffery@Gnu352·
@ctindale Look at @AlboMP begging Brunei for oil, a country located now only spitting distance from Chinese artificial bases in the South China Sea. What exactly does our security committees discuss?
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🇦🇺Craig Tindale
Alexander Hamilton’s point in the 1791 Report on Manufactures was that political freedom rests on material independence. A nation that cannot make essential goods for itself is never fully sovereign, because its choices are constrained by whoever controls supply. Liberty in that sense is not just a matter of constitutions, elections, or abstract rights. It is the practical ability to clothe, arm, build, repair, and provision your society without waiting on the permission of rivals, creditors, or foreign producers. Hamilton understood that dependence on outside manufacture leaves a country exposed to coercion, shortages, price manipulation, and strategic weakness. So when he defended domestic manufacturing, he was defending more than industry. He was defending the physical basis of independence itself. Freedom, in his framework, requires productive capacity, because a people that cannot source its own necessities will sooner or later find that its formal liberties are subordinate to material dependence. I'm Australia, Menzies made much the same point . He understood that national strength depended on more than parliamentary forms or legal sovereignty. It depended on the capacity to produce, build, and supply from within. His defence of industry, infrastructure, and developmental nation-building came from the view that a country as exposed and distant as Australia could not rest securely on imported dependence alone. In that sense, freedom was tied to productive self-reliance, because a nation that cannot materially support itself leaves its security, prosperity, and room for political choice in other hands. We need to return to these values of national resilience . x.com/GregoryW_Rob/s…
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Gary Jeffery
Gary Jeffery@Gnu352·
@samstrades Fat bitch gotta eat. They work for us, yet never make the case why it benefits us.
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Sam 🇦🇺🇺🇦
Sam 🇦🇺🇺🇦@samstrades·
Of course this plus size idiot would say this, she's Howard's original mass immigration architect Further evidence Libs are a captured party, captured by corporate lobby who has an insatiable appetite for cheap and easily exploitable labour (don't be silly and stick with #ONP) #auspol #immigration theguardian.com/australia-news…
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The Spectator Australia
The Spectator Australia@SpectatorOz·
In the 1840s, there was a push from Australian farmers to import cheap Indian workers to act as shepherds. Reading the testimony of these pastoralists is striking. They were aggrieved about the unreliability and high expectations of British settlers in a tight labour market. They provided explicit details about just how much cheaper – and tractable – Indian workers were compared with both free settlers and convicts. And they warned of dire economic consequences if their request was declined. Colonial authorities listened – and said no. Authorities Wanted an Egalitarian and Cohesive Australia. This decision was based on a clear understanding of the economic and social impact of cheap foreign labour. It also reflected officials’ insistence that the narrow interests of employers should not trump broader goals. So, what happened to fix the shepherd shortage? Wire fences. Article | spectator.com.au/2026/04/the-jo…
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B.W.Jackson
B.W.Jackson@VeryInsig·
@DrewPavlou A society with a very clear majority culture can easily accommodate people from minority cultures. The majority culture provides common ground. But as that majority erodes, so too does its ability to maintain that common ground. No majority culture, no common ground.
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🇦🇺Craig Tindale
Textbook Tindale’s Trap in real time !. The USD’s reserve status delivers the usual safe-haven flood → instant liquidity, valuation support, and a lightning-fast V-recovery. Markets look bulletproof: “we’ve now made it all back.” But that same mechanism keeps redirecting capital away from tradables, eroding industrial complexity and the ability to turn financing into real physical output when the next shock hits. The Financial Ledger snaps back. The Material Ledger keeps thinning. It's complacency that is caused and obscured by the FOMC framework that’s designed to financially everything x.com/ctindale/statu…
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