Blogotariat

By Stephen Fitzgerald The rich get richer and the poor get poorer! With record corporate profits as wages stagnate and living standards for workers plummet this saying is starting to ring true. This is not just happening in France but, across the entire western world where right-wing political bodies govern on behalf of the financial…

The post The people have spoken appeared first on The AIM Network.

In the final episode of the Tally Room for 2018, I’m joined by Kevin Bonham to discuss the close races in the Victorian state election, and to run through all eight Legislative Council contests just days out from the pushing of the button in each region.

You can follow Kevin’s live blog of the Legislative Council count.

I was speeding along a sloped straight bit on my trike when I was overtaken on the left by my mudguard as it snapped off and shot over my shoulder. It nearly hit me. I don't know why my trike decided my mudguard would snap off then try to kill me but it did and it failed. I don't use it in the mud so the lack of a mudguard isn't too irksome.

Now, I don’t like to say, “I told you so!” I just like to be so right against all odds that I don’t have to say anything beyond: Now, I don’t like to say, “I told you so!” However, when I told you that Scott Morrison was going to skate through the gap created by Dutton…

The post Why Tony Abbott Wants The Liberals To Lose… appeared first on The AIM Network.

I cannot bend without afearing my legs will snap off. But I can lift my foot up whilst free balancing on the other.So I use my toes as fingers to grab an object then lift it to finger height. I don't have terrific feet either but my toes don't tremble like the fingers so if I drop something the toes get it and hand it back to the fingers.I dropped seven pieces of clothing, mostly socks, whilst putting away dried laundry. And it was simpler to use my toes and lift than reach for the grabber to grab.Toes; useful for when your fingers fumble.This has been "Fun with PTSD and the lower extremities."

The market price of Bitcoin and other cryptocurrencies is plummeting, having dropped by 10 per cent just today, and 50 per cent over the past month. The bubble that reached maximum expansion a year ago is gradually deflating.

The good news is that a lower Bitcoin price makes the energy-wasting process of Bitcoin mining unprofitable for many, so lots of miners are turning off their servers.  Most estimates of the marginal cost of mining are around $4500 per coin, but the market price has just fallen to $3500.

This story about the four-hour abalone fishing season in WA is reminiscent of a number of similar cases discussed in my soon-to-be-published book, Economics in Two Lessons (extract over the fold). However, it turns out to be something of a special case: a recreational fishery where economising on effort isn’t really relevant, and where the activity is culturally significant, mainly for people of Asian background.

There’s a locust plague at News: Buyer’s agent Nick Viner believes now is the time to buy in Sydney and Melbourne, with many discounted premium properties available with minimal competition. “This environment is the absolute perfect time to buy because you’ve got more time to consider your options and there’s more choice in terms of

The post Property locusts swarm FHBs towards falling knife! appeared first on MacroBusiness.

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Gluttony and stupidity. The response from government and incumbents to the role of Tesla big battery has verged on distortion and stupidity. Here are a few facts, and graphs, to correct the record.

Via Argues: Brazil’s Samarco mine is likely to restart in early 2020, bringing a major source of high-grade iron ore back into the market, mining company Vale’s chief executive Fabio Schvartsman said today. “The worst part seems to be behind us,” Schvartsman said of the process to bring Samarco back on line after a fatal

The post Samarco restart in 2020 appeared first on MacroBusiness.

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Engie has signed a 50-year strategic alliance with Queensland’s Springfield City Group to make the city a net-zero energy city.

Sonnen and Tiko combine to use household batteries to provide primary balancing power for German network, meaning consumers can perform the tasks of big conventional power plants.

Hyundai has made every effort to make its Ioniq electric vehicle range look normal or average. The driving experience is anything but.

The post Test Drive: Hyundai Ioniq and the “new normal” in electric cars appeared first on RenewEconomy.