Atomic Economics

15.6K posts

Atomic Economics

@AtomicEconomics

Pronoun: GOD Economic Truths for the Inquisitive: Fodder for the Deniers... "first by inflation, then by deflation.... deprive the people of all property"

Australasia Katılım Mart 2020

68 Takip Edilen515 Takipçiler

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Atomic Economics@AtomicEconomics·20 Mar

ONE CHART to destroy the entire property industry. If house prices grow at 10%p.a., while wages grow at 3%p.a. ............ Yikes..... Completely un-feasible (mathematically impossible 🤪) House price growth can NOT sustainably out pace wage growth over the long term. #maths 2/2

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Atomic Economics@AtomicEconomics·17 Mar

@zachglabman Reverse it. It's that small business (the engine of any economy) refuses to hire. Imagine believing unions are GOOD for employment. They are the inverse: And the proof is that every western nation is only growing employment via government jobs. The private sector is dead.

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zach@zachglabman·17 Mar

problem with unions is not wages or conditions but the fact that you cannot fire bad people

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Atomic Economics@AtomicEconomics·17 Mar

@DebraG_Robins I'm starting to think, collapsing the middle east fuel supply (with USA and UK refusing to police the straight) is the mechanism by which they can justify fuel rationing, leading to the personal carbon limits the WEF are so desperate to get implemented. Just a conspiracy. Maybe?

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Debra Robinson@DebraG_Robins·17 Mar

I can see another lockdown in Australia shortly if this war does not resolve - fuel will be rationed to essential services. Am I crazy?

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Atomic Economics@AtomicEconomics·17 Mar

Time for some real facts. Only 2% of Australia's fleet is EV. Now petrol has ~50c per litre excise tax. Plus 10% GST on top. Most cars also get hit with luxury car tax. EV's on the other hand subsidised in several ways. Given only 2% are EVs shows there's almost zero demand.

David Pocock@DavidPocock

Australia burns through about 25 billion litres of petrol and diesel every year. Replacing petrol cars with EVs would cut our reliance on expensive imported foreign fuel. But EVs still make up only about 2% of Australia’s 20 million vehicles. More affordable EVs & a strong second-hand EV market can help more Australians afford the switch while strengthening our energy security. theguardian.com/environment/20…

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Atomic Economics@AtomicEconomics·16 Mar

Reminds me of the first time I walked through 1st class on an international flight. WTAF? Weren't adults sitting here?

Dom Lucre | Breaker of Narratives@dom_lucre

🔥🚨BREAKING: Hollywood editor Matt Negila uploaded this photo showing how disgusting celebrities left the Oscars. These are the same people criticizing everyone else about how they should take care of the planet, imagine the employees that had to clean up the entire building. Look at the respect they have for people that the budget of their fans.

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Atomic Economics@AtomicEconomics·16 Mar

@eevblog There was a liquidity issue in 2019: The Repurchase Market crisis. The Fed had to print money immediately... and constantly, and then ramp it up to unheard of levels.... You'll never convince me that there was any other reason for the money printing that continued 2020-2022.

GIF

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Dave Jones@eevblog·16 Mar

Private equity liquidity crunches lead to full blown liquidity crises, and the contagion has already spread. The private equity firms only gate withdrawals when SHTF. The roof is already stained brown. The first major liquidity test since 2008 is not going well. Stay liquid.

GIF

Lark Davis@LarkDavis

𝗕𝗹𝗮𝗰𝗸𝗿𝗼𝗰𝗸. 𝗕𝗹𝗮𝗰𝗸𝘀𝘁𝗼𝗻𝗲. 𝗝𝗣 𝗠𝗼𝗿𝗴𝗮𝗻. 𝗠𝗼𝗿𝗴𝗮𝗻 𝗦𝘁𝗮𝗻𝗹𝗲𝘆. All blocked or capped withdrawals from their private credit funds in Q1 2026. This is not a rumour. It's in the filings. In 2007, the same thing happened with mortgage funds. We know how that ended.

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Atomic Economics@AtomicEconomics·16 Mar

Took 30 years, but Kerry Packer has finally been proven wrong. He said there's two ways to get rich: Inherit it Financial angel (idiot buyer of your asset) Turns out now there's a third way: Australian NDIS abuse And you know what, we see it everywhere. @matt_barrie

Jon-Bernard Kairouz@jonbernardk

I asked a ‘self-made’ millionaire how he made his money… his answer about the NDIS may surprise you 🇦🇺👀

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Atomic Economics@AtomicEconomics·16 Mar

@SimonCotter62 Be careful what you wish for. I see USA is demanding UK polices the gulf straight... What if UK navy can't (they probably can't if they try). So UK fuel supply collapses. What an opportune time to introduce the Personal Carbon limits....

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Simon Cotter@SimonCotter62·16 Mar

The good thing about the potential fuel shortages is- it fast tracks Labor (and Lib) push to net zero Fucks the agricultural industry Forces city folk into electric cars And they can then say “ told you so” We need a short sharp lockdown to stop people travelling too

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Atomic Economics@AtomicEconomics·16 Mar

@AnthonyPHoran @fieldo85 I'm not sure you thought that answer out. Too much credit increases supply? Ridiculous. Too much create creates (fake) DEMAND. Demand typically pushes up pricing.... You do realise we have built faster than any other nation on earth??? The glut will be epic when credit fails.

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Anthony@AnthonyPHoran·16 Mar

@AtomicEconomics @fieldo85 The normal consequences of too much credit for housing would be an oversupply of housing & therefore cheaper housing. But due to govt regulation that hasn’t happened. Instead we have a very tight rental market.

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Atomic Economics@AtomicEconomics·13 Mar

With over 1m+ vacant premises, over 1/3rd of Melbourne IP's not connected to water, I've been saying for YEARS that there is NO HOUSING SHORTAGE. Yes, housing crisis. What the reality is, endless credit (ie. home loans) from those with access to credit can buy and not rent out.

Phill Balding@BaldingPhillip

Aus institute vs the world for housing Makes you wonder about the credibility of their research on gas More interested in hurting rich people than helping poor people

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Atomic Economics@AtomicEconomics·16 Mar

@undbtlydoubtful @FranMooMoo No. Because each major step in human living standard has been because of energy density: Not purely cost. Batteries completely fail on density. Even the cost is a joke. You say sun and wind are free: Yeah, so too is oil in the ground. It's not going to be exponential.

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UndoubtedlyDoubtful@undbtlydoubtful·16 Mar

@AtomicEconomics @FranMooMoo So when you replaced you steam train in the 2nd industrial revolution you would not have upgraded to diesel? Enjoy the show - it will go exponential like mobile phone adoption... afgri.com.au/news/post/deer…

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Francynancy@FranMooMoo·15 Mar

Classic 😂

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Atomic Economics@AtomicEconomics·16 Mar

@undbtlydoubtful @FranMooMoo If simple means realistic, then I'm there. Electrification has it's place. Suburban run arounds. Perfect. Your bio says all I need to know: You're biased against reality. Enjoy frustration.

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UndoubtedlyDoubtful@undbtlydoubtful·16 Mar

@AtomicEconomics @FranMooMoo Defence budget priority should be electrification of heavy haulage and agriculture. Fuel sovereignty == food security. Give us a call back when you're up to speed or i might get to thinking you're simple.

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Atomic Economics@AtomicEconomics·16 Mar

@LittlePeapicker @humbleblazer Unfortunately, the taxation and regulation systems make running a business horrifically expensive, and the staff are left wondering why they seeing only a small percentage of the charge out rate. They blame 'greedy' business owners... when the greed comes from the gov't level.

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Peapicker@LittlePeapicker·16 Mar

@AtomicEconomics @humbleblazer Ah, I see... I misunderstood.

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Unc Chevy Blazer@humbleblazer·15 Mar

Its a reason I was a mechanic in my 20s but in my 40s I refuse to do this job. And its not the cars... its their owners.

Frank Brown@FrankBr05713205

Automotive Technicians are underpaid and under appreciated today. I am curious to who agrees and disagrees with that statement.

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Atomic Economics@AtomicEconomics·16 Mar

@undbtlydoubtful @FranMooMoo Using grifter and subsidy king, Twiggy, as a poster boy is a long stretch for any useful demonstration.

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UndoubtedlyDoubtful@undbtlydoubtful·16 Mar

@AtomicEconomics @FranMooMoo Or here... fortescue.com/en/articles/fo…

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Atomic Economics@AtomicEconomics·16 Mar

@undbtlydoubtful @FranMooMoo No there's not: Because charging them is simply fantasy. Electricity on the scale you guys dream about just does not exist.

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UndoubtedlyDoubtful@undbtlydoubtful·16 Mar

@AtomicEconomics @FranMooMoo Nothing to see here then?... primemovermag.com.au/debuting-a-new…

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Atomic Economics@AtomicEconomics·16 Mar

@undbtlydoubtful @FranMooMoo Yeah, and it's been and gone for EV's. Static electricity (ie batteries) has been studied for 600 years. The ICE about ~150 years. Internal combustion is the fresh, evolving technology. Electrifying heavy transport and agriculture is un-fucking-feasible. It's that simple.

GIF

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UndoubtedlyDoubtful@undbtlydoubtful·16 Mar

@AtomicEconomics @FranMooMoo *they're You will be pleased to know adoption of technology in industrial revolutions typically reaches a tipping point and the goes exponential. Witness the mobile phone.

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Atomic Economics@AtomicEconomics·16 Mar

You think the end user is the fuckwit? These guys are likely tradies and use fuel for generators/pumps/small equipment. They're protecting their living/lifestyle. They're hero's. The "Fuckwits" are the people who crippled this country. Australia is abundant with energy.

Mike Williams (Oz)@theoztrucker

These are the fuckwits we share the road with. That is a water tank they’re filling!

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Atomic Economics@AtomicEconomics·16 Mar

@fieldo85 @AnthonyPHoran Tax breaks are part of it. The true core of it is: Endless ability to finance purchases via endless credit, created by the banks. There is literally NO LIMIT to how much money can be CREATED against property. We've known for hundreds of years, homelessness IS the plan.

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fieldo85@fieldo85·16 Mar

@AnthonyPHoran @AtomicEconomics There is no shortage of housing. How many times do you need to be told? There is a misallocation of housing being driven by investor tax breaks and boomer wealthfare settings. No one under 60 is voting to continue the status quo which is crushing family formation and births.

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Atomic Economics@AtomicEconomics·16 Mar

@heresyfinancial Not quite mate. It's the companies closest to the money printer that are the most profitable. I bet less than 5% of the population could grow enough food to support themselves. THE ULTIMATE SKILL. But it's sooo far from the money printer, they don't get rewarded at all.

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Joseph Brown@heresyfinancial·15 Mar

Hard truth: The world actually still works like this If you make terrible wages it’s because you aren’t skilled enough The companies that make the best quality goods at the lowest cost make the most profits - and they do this by hiring the most skilled people on earth for the highest wages

Atlas Press@realAtlasPress

Henry Ford, oh have times changed

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Atomic Economics@AtomicEconomics·16 Mar

Imagine proving socialism/communism in a small class room is a total failure. But still thinking it could work when applied to an entire nation. Lefties are idiots.

Reddit Lies@reddit_lies

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Atomic Economics@AtomicEconomics·16 Mar

@LittlePeapicker @humbleblazer He's saying it's not the shop owners: It's the vehicle owners. They're all keen to buy a new ride. But the minute you ask them to spend money on it, oh fuck no. Now they wanna price shop.

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Peapicker@LittlePeapicker·15 Mar

@humbleblazer Swap out any trade with "mechanic" and they all have the same problem. The owners. The managers. Supervision. Etc, etc.

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Atomic Economics@AtomicEconomics·16 Mar

I just don't think it's possible. No matter how much smashed avo you could force me to eat, I'll never look at current gen F1 cars and think "yeah, that's it". My heart (and ears) ache to imagine what could be achieved today with CNC and modern electronics.

PATINA RESEARCH@patinaresearch

This is what they mean when they say “locked tf in.” The heel toe action, the glasses, the smirk. Renault F1 V10 dyno bench test.

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Keşfet

@zachglabman @DebraG_Robins @eevblog @matt_barrie @SimonCotter62 @AnthonyPHoran @fieldo85 @undbtlydoubtful