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Cybergate9.Net

Online ramblings, current & historic, by just another human bean

Politics matter

Unscrambling omlettes..

ShaunO

1-Minute Read

Politics do matter. And at an individual level if people watch stupid things, read stupid things, and believe in stupid things - guess what? they then actually vote for stupid things..

The UK situation in 2016 beggared belief - and I’d spent the best part of the previous 15 years in the UK by then. Then the pre actual brexit period 2016-2020 seemed like black comedy, and this last year, well what can you say, I guess predictably, it’s become a farce.

Sadly, however, this is not theatre.

This is peoples lives, real lives - not the lives of Boris Johnson or Nigel Farrage, who already had enough money even if they didn’t work another day in their life.. Real people with real families who need real jobs to earn real money so they can put food on the table and keep a roof over their head.

As William Keegan observes - “An economic omelette is being ruinously unscrambled”.

It’s now damned difficult to see how, having cracked the brexit-eggs, much can be done in the way of re-creating whole eggs and putting them back in the carton again..

Buggered if I know 😛

A story about inflation

and here it comes..

ShaunO

1-Minute Read

There’s no science to inflation, but you’re going to hear more about it (inflation) in the coming times (years probably).

If it interests you, try to ‘arm yourself’ with access to real analysis by reliable and interesting authors - this article by John Authers fits into that category in my opinion. The ‘vox-pop’ is always so short sighted as to be pretty much useless, and mostly cannot count as any sort of ‘analysis’ at all really.

My own take is, after a couple of decades of being interested in economics and politics, that crises (almost of any sort) seem to be inflationary. A key period I have in mind is the UK after the 2008 ‘GFC’ when UK inflation ran ahead of earnings by about 15% over 3-4 years by my reckoning (this chart seems to bear out my hunch).

Mind you, do remember that being interested in inflation is a ‘spectator sport’ because there is absolutely bugger all you can do about it 🙂

Buggered if i know 😛

Ideology? Principles?

Don't be silly..

ShaunO

1-Minute Read

Ideology? Principles?

Dont be silly! This is politics!

Where we spend your tax money buying jobs, so that at the next election we can tell you how great the job market is, how great we are, and how great our mates in business are ..

And you’ll ‘buy our crap’ because you are the silly electorate, have short memories, and as long as we give you a tax cut you’ll vote for us!

In response to this ABC article

Buggered if I know 🙂 😛

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Online ramblings, both current and historic, by just another human bean