Kids have views that are often ideological. Greta’s fossil fuels, Will’s Nuclear whatever it is, good on them for being brave enough to have their say. But if you think calling them names or abuse for their views or mistakes makes you virtuous. Sorry you’re a grubby lowlife.

Repeat after me. Loans are borrowing against future productivity. The more you borrow for longer the greater the cost. This transfers your productivity to lenders. Who wins?Lenders ALWAYS!

@TMFScottP People didn’t understand the mechanism behind subprime lending and they don’t understand this either. Blame climate change, gouging, blah blah. If insurers need to re-borrow on policies sold on the market at a higher to pay claims. then premiums will rise.

@MMatvikov If you look at treasury issuances you can see the trend to rotate into short term positions in the hope the market reverses. But 10yr (bench mark) yields remain high. So, counter productive but will continue to put pressure on future budgets.

@MMatvikov In theory yes. But the govt operates on a line of credit basis. Take a look at the green bonds scam. To sell them, treasury increased the coupon rate above market. Majority sold off shore.

@MMatvikov Don’t get me started on this idiotic surplus nonsense. It’s technical not reality. You pay down low int debt but buy more debt at a higher rate. So ridiculously stupid. Next year’s surplus, doesn’t exist. Bcz magically fairy dust didn’t resolve the underlying issue.

@NickMcKim Economic illiteracy on steroids.

If the RBA cuts rates expected your ULP move past $2.50 a litre and gas to go up as well. Sorry @TheKouk & co, you can make up whatever BS stories you want but this is reality.

To all the morons that believe this BS. When spending in your budget goes UP you didn’t CUT anything. Medicare has spent more year in year out. The ONLY change from both the ALP & LNP is increased inefficiency.

Market says “don’t do it” to the RBA. RBA cuts as per their instructions from @JEChalmers and inflation rebounds. Who will the ALP zealots blame? The RBA or is it @PeterDutton_MP either way it won’t be themselves.

I would feel much better if Elon simply recused himself from these conflicts of interest regardless of his intentions. I don’t think reform is his burden alone.

@belinduhpyne Medicare is broken, and this attitude is why it will never be fixed. Why? Bcz it’s never ever been true. So don’t worry your dysfunctional sacred cow is perfectly safe.

@endozduopoly @AvidCommentator My daughter’s friend had a Mazda 2 2018 written off bcz the airbag blew. Only damage was the front 1/4 panel and bumper. Red book val at the time was 18k

@endozduopoly @AvidCommentator Not my specific area, but stat write offs are up dramatically. It’s more cost effective to write the vehicle off than repair.

@KenelmTonkin Been there. Interesting toilets.

@MMatvikov @TheAusInstitute @DavidPocock I guess my point is id the rabble in Canberra wanted to set a higher standard they should do so. But watching question time. I doubt they have that capacity. 3 year olds act with more decorum.