macroedgo

Australia’s Housing Crisis Is No Black-eyed Swan Event 17 years In The Making

How would it play out, in the media, and I guess I’d better include the courts, if a bloke at a community gathering with senior politicians – cabinet ministers – did a Ron Casey on one of them? See, I nearly did this in 2008. I REALLY nearly did it! I was recovering from aContinue reading “Australia’s Housing Crisis Is No Black-eyed Swan Event 17 years In The Making”

Time To Drain The Billabong

The factor likely the most important in the US election result is also the most unlikely to be discussed – because it suits neither major party nor powerful interests to highlight it. You see when I talked about the West led by America moving towards fascism in “Reset” I was not only talking about (far)Continue reading “Time To Drain The Billabong”

Applying The Unity Bell For Cohesion and Productivity

In “The Unity Bell” I discussed how the forced grading of employees’ work performance into a normal distribution bell curve to reward and punish the few deemed by their managers at either end of the distribution is well known to demoralise the majority thereby worsening productivity instead of improving it. Moreover, I stated that aContinue reading “Applying The Unity Bell For Cohesion and Productivity”

Make Rugby League Great Again: A proposal to the NRL and RLPA

The Problem: Administrators see Rugby League not as a game but as a ‘product’ to be commercialised and monetised. To appeal to the marginal viewer rule changes have made Rugby League manically fast with homogenised over-coached touch-footballised style of play with homogenised powerful ‘athlete’ players. Rugby league is being commoditised in an international market forContinue reading “Make Rugby League Great Again: A proposal to the NRL and RLPA”

Queenslanders Better Hope Billy Be Woke

Preface: I wrote this article while overseas when I left the country two days after the failed Referendum. In saying that I am well aware of my privilege in being able to escape the issues that lie behind the failed Referendum, not only in being fortunate enough to afford to travel, but also in not carryingContinue reading “Queenslanders Better Hope Billy Be Woke”

On DEI, You Are Very Wrong, Gentlemen

OK, it seems that you three gentlemen – Niall Ferguson, Bill Ackman and Elon Musk – have taken it upon yourselves to tear down diversity, equity and inclusion (DEI) measures on behalf of the conservative Elites as a part of this broad ‘anti-woke’ agenda so I will take it upon myself to respond to yourContinue reading “On DEI, You Are Very Wrong, Gentlemen”

Woke AI

I only learned about the latest anti-woke attack by the Technofeudalist Elon Musk Tuesday evening as I watched Jonathan Ferro and Lisa Abramowicz on Bloomberg. Ironically a few days earlier I had decided to interrogate Open AI’s Dalle 2 about wokes by asking it to draw “a pencil sketch of a person being ‘woke’” whichContinue reading “Woke AI”

Asymmetric Markets

There are articles in financial press stating that Australian pension funds (industry super funds) are ramping up bets on risky private credit, with some intending to triple their allocation to the asset class over 18 months! Now I am just sceptical enough to wonder what is to stop an owner of an asset turning aroundContinue reading “Asymmetric Markets”

[RESET]> The ‘Great’ Australian House Price Bubble

A 20 year perspective In my “Open to Offers” post I gave credit to Jeremy Grantham of GMO for much of my understanding of bubbles. While accurate, absent context this gives a false impression of my own evolution. The truth is I have always been naturally contrarian. In reality I think all authentic contrarians areContinue reading “[RESET]> The ‘Great’ Australian House Price Bubble”

The Great Reset: Investment implications

The investment strategy is the same irrespective of whether our socioeconomic system is now ‘Extreme Capitalism’ or ‘Technofeudalism’ In founding MacroEdgo my intention was that investment analyses and macroeconomics would be major themes of my writing along with general observations on socioeconomic and broader philosophical themes. COVID-19 changed that as investing took a back seatContinue reading “The Great Reset: Investment implications”