Monday Message Board

Another Monday Message Board. Post comments on any topic. As usual, civilised discussion and no coarse language. Lengthy side discussions to the sandpits, please.

9 thoughts on “Monday Message Board

  1. @Rodney Topor Monbiot missed the rise of China and India and the East Asian tigers. the fall of the berlin wall was a good thing too.

    Andrei Shleifer in The Age of Milton Friedman found that as the world embraced the free market since 1980, living standards rose sharply, life expectancy and education and democracy improved and absolute poverty declined.

    XAVIER SALA-I-MARTIN (2006) found that for 138 countries in 2000, poverty rates and head counts were between one-third and one-half of what they were in 1970 There were between 250 and 500 million fewer poor people in 2000 than in 1970. All eight indexes of income inequality show reductions in global inequality during the 1980s and 1990s.

    A simple test: visit Asia regularly since the early 1990s. I lived there for 2 years. I was tall when I first visited – looking over the top of the crowd – it is really good to be tall. No longer the case for the adults in both the cities and the rural areas. I now look up to the young Chinese in Hong Kong. Go to Hong Kong if you want to see how capitalism works, Milton Friedman used to say.

  2. Went through Woodridge yesterday.

    Nice little place. A bit shaggy and has a sense of the real Brisbane from way back in the 1990s before the speculators and crooks arrived with their “easy” credit, renovation blitz culture, real-estate fetishism, and, of course free-market fundamentalist ideology, to stuff everything up for the rest of us.

    Perhaps it is fortunate that all that “free” money didn’t find its way into the property market in this part of the world (unfortunately, though, it was made available through “cheap” finance for consumer junk – that’s how Gerry Harvey got to be a billionaire).

    It’s really a lot like Wavell Heights was about 15 years ago (except it has better public transport).

    Inadvertently drove right through the epicentre of the latest media fabrication about “racial tensions”.

    It was inadvertent because I had no idea which street was this supposed epicentre. I just went because I hadn’t been there for a while – apart from passing through on the train. It was only today that I realised (from “media”) that I had been in the middle of a “warzone”!

    When I was there mid-afternoon yesterday there was no corporate media presence, no police presence (in fact we saw no police anywhere in Woodridge whatsoever) and no people doing anything in that area other than a few people walking to or from the local shops.

    I’m working on a story about the real background to this (latest) MSM fabrication and it is getting quite interesting to peer behind the reasons why Woodridge is being slandered – along with this stupid idea that a neighbourhood feud is something to do with “racial tensions”.

    Isn’t everyone from a “race”? Isn’t every dispute therefore “racial”?

    This country has become intensely embarrassing.

  3. oops wrong place … delete this in other thread …

    Ben Cubby ?@bencubby
    45.7 in Sydney city, 45.7 in Bankstown, 46.1 at Camden, 46.4 at Sydney Airport. #weather

    That means Sydney Airport is 115.7F …

  4. Here is a question for the economists out there. If the Geary–Khamis dollar was the US $ in 1995, what is the devalued US to the Geary–Khamis dollar today?

  5. @BilB The calculation of purchasing power parities is for those that want a head-ache. Enough trouble calculating changes in living standards across time in the same country.

    A BBC television documentary placed two parents and four children in their home with only the amenities available during the 1970s, 1980s and 1990s and recording their responses.

    In the 1970s, the children have to cope when they swap Facebook for black-and-white telly and vinyl records.

    it was goodbye to their three games consoles, three DVD players, five mobile phones, six televisions and seven computers, not to mention their dishwasher, two washing machines and tumble dryer

    Filming occurred over the winter of 2009, which was particularly cold and snowy for England, a fact which figured into the story when the family had to endure cold nights early in the project when the lack of central heating was simulated for the 70s episode.

  6. Jim Rose :
    In the 1970s, the children have to cope when they swap Facebook for black-and-white telly and vinyl records.
    it was goodbye to their three games consoles, three DVD players, five mobile phones, six televisions and seven computers, not to mention their dishwasher, two washing machines and tumble dryer
    Filming occurred over the winter of 2009, which was particularly cold and snowy for England, a fact which figured into the story when the family had to endure cold nights early in the project when the lack of central heating was simulated for the 70s episode.

    The Energizer Bunny goes on and on and on and on and on and on and on and on……..

  7. @Will
    Yes, is it an Energizer Bunny with a megaphone attached, and a random generator inside, linked to a database of quotations, hearsay, and desk calendar sayings. It does seem to be programmed as it doesn’t respond to requests to prove its outrageous claims. Those Energizer people have a lot to answer for.

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