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Everything posted by Grr-owl
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Neoliberalism: The Economy, Banking & Asset Markets
Grr-owl replied to Adam The God's topic in General Discussion
Absolutely. I think this is Biden's ace in the hole, though. If he can invest in American jobs rather than tax breaks for the 1% and propping up asset prices, he's on a winner. If not, that's it. Either way, the debt burden on neo-liberal era is already too much and the deleveraging will occur, but if they can invest in the meantime, there is light at the end of the tunnel. And there is great potential in new tech that plays into the US's hands, rather than say some Asian cultures... De-centralisaiton of energy production, de-centralisation of manufacturing, de-carbonisation ... big structural changes underway that reconfigure things in favor of independently-minded anti-govt thinking such as that so central to the Red states of America. Aussies really need to stop thinking that the most important thing in life is a gigantic mortgage. Disaster. As an aside, my grandad refused in any way to borrow money from anyone for anything. He considered it shameful. Bought a house in Camberwell with cash way back when. Now, he has great-grandkids about to graduate form university with a mountain of debt... What would he have said? I think we've entered a bizarre in-between period where the old system doesn't work and the new one hasn't arisen. Dangerous times, but we will emerge and, possibly, stronger for the reset. If that entails a less-prosperous future, I'm not so bothered, given that any household with an income above AUD$75,000 is among the world's richest 2%. In other words, most of us could be a lot poorer and still be very well off, relatively. It depends what we deem important. If there are less Ferrari's in the world, I won't shed a tear. If healthcare and education are poor, that's something to worry about. If government and culture is oppressive, I'm out. -
Looking forward to Petty in combination with Lever and May.
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Interesting times economically. Normally, I'll predict anything except the future, but in this case I'll make an exception to my exception: The neo-liberal era will end in with a great deleveraging, triggered by events undeniably attributable to the effects of anthropomorphic climate change. I'd take a bet that a bunch of big insurance companies, and the reinsurers, go broke from the cumulative disasters..... and take out the banks as they go. I reckon AF might think the above was plausible, but the question of when is the really salient one: I think the neo-liberal bubble has one more great big blow to go. As we come out of Covid, the world will boom 4-5 years and then BOOM! After that it's a depression, realignment and restructuring, and a low growth future (which I'm fine with). I expect AF won't agree with that timing, but I'm interested to knock the idea around.
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If he'd run hard both ways consistently, we'd be a much better team. Not alone, of course.
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Loved when he moved back into the middle, and then began popping up at the tip of the 50m arch to take the centered ball. More, please.
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Really had my hopes up for Harley. Good luck to him and his lovely family. Keep battling and maybe with maturity and time his inner demons will give him a break.
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WELCOME TO THE MELBOURNE FOOTBALL CLUB - BEN BROWN
Grr-owl replied to Dee tention's topic in Melbourne Demons
Poles or polls? -
Tired players makes for a better game.
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Champ. Every time he goes near the ball I shout, 'Hibb-oh-oueh!' at the telly.
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Very happy to be reading this about Yze. Seems there's a communication problem at the team level he could potentially solve. Like a marriage, everyone's gotta buy in for it to work, coaches and players.
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We still have Mitch Brown as well.... Given the potential for confusion, I suggest we refer to Ben Brown as Brown1 and Mitch Brown as Brown2. Both could be abbreviated further for typing ease to B1 and B2.
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Do stats reveal a sweet spot in the draft? Far as I can see, high picks often don't work out. Maybe there's a range in there somewhere where a lot of top players are found....???
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As I understand it, there are two blokes with great potential as outside mids.
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But it means youth, or ‘players who’ll need a few seasons.’ How are we going to move up the ladder in the mean time? Have Blues, Dogs and Saints plugged their holes better than us? No jokes, please...
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WELCOME TO THE MELBOURNE FOOTBALL CLUB - BEN BROWN
Grr-owl replied to Dee tention's topic in Melbourne Demons
Seems maybe he's already in the right place, for us and for him.... -
WELCOME TO THE MELBOURNE FOOTBALL CLUB - BEN BROWN
Grr-owl replied to Dee tention's topic in Melbourne Demons
And he's leaving...? Is that still happening? Any intel? -
Well, as we have discussed, that's going to end before too long... hard to say exactly when, but it has to end in a once-in-a-civilisation deleveraging. It's how we recover that's going to be important. What do we have to sell - dirt, burnable air, agricultural goods....? Hmm... wonder if there's a way we can sell clean air, sunshine, freedom, space and footy.....
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I have been working on the assumption that the asset bubble has one more big blow to go. Wondering if Biden's election might mean that the last lungful of massive debt creation might go into actual investment in - infrastructure (not fossil-fuel based) and manufacturing (3d Printing) both of which will de-centralise the economy and raise the cost of transportation (shipping) which will encourage localized economic activity (ie. not in China) and therefore employment. The US's demographics are very good going forward, China's are absolutely disastrous, not sure about AUS. This wouldn't prevent the collapse of neo-liberalism (thank god) but might set the West up for renewal once the rubble is cleared away.... My timeline is 2025, but I'm willing to bring that forward. Is COVID just too much stress on a flawed model?
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For empathy? Think you mean ecstasy... ?
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Watched it with my kids too - 12 & 13. Kinda dug it. Been saying, "hut, hut, hut, hut," ever since..." I sure loved it. One of a kind....
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It’s an over-simplification, though. Historical events played into Hitler’s hand. The Great Depression, for instance.