spinifex: We now have a bad fire just west of Lincoln. Have already trucked our horses out 50km to get them well out of the way and our fire preps have been finalised. 60km Wind is expected to push it north towards our area later this evening.
Nov 11, 2019 17:43:48 GMT 10
spinifex: The aircraft are doing a tremendous job under very tricky flying conditions.
Nov 11, 2019 17:44:41 GMT 10
Chloe: All the burnt leaves and the strong yellow colouring of the outdoors has been strange, a very eerie feeling. Sending my thoughts out to everyone effected. I couldn’t have windows open due to the smoke around today, was bad enough
Nov 12, 2019 23:05:58 GMT 10
spinifex: We have another Catastrophic fire day looming on wednesday. 43 degrees and high winds. And it isn't even summer yet.
Nov 18, 2019 17:35:52 GMT 10
SA Hunter: Hi all - still away, expecting 43c & windy too. Looks ominous!
Nov 18, 2019 19:05:02 GMT 10
SA Hunter: Hit 45c at home, 80kph winds. And of course, to keep electricity supplied to the big city Adelaide, our power was turned off till catastrophic conditions ease!!
Nov 20, 2019 15:49:19 GMT 10
spinifex: Interesting that the Adelaide Hills, also with catastrophic conditions, and many more large trees in close proximity to power lines, has had the power ON all day. I think calling our regions power cut a 'safety measure' is BS.
Nov 20, 2019 18:11:32 GMT 10
spinifex: Had the genset running all day keeping power up to computers, phones, fans and fridges. Spent the late afternoon at the beach ... which was very refreshing.
Nov 20, 2019 18:14:13 GMT 10
SA Hunter: Got my genset ready to go - but, can't find the key-turned the house upside down-nothing-grrrr.
Nov 26, 2019 15:40:35 GMT 10
blueshoes: G'day everyone, how are we all going? In Gippsland, it's "Summer" - 2nd December, 8 degrees and pouring rain...
Dec 2, 2019 16:19:56 GMT 10
blueshoes: SAH did you find your keys?
Dec 2, 2019 16:20:08 GMT 10
SA Hunter: Hi blueshoes - no luck!!
Dec 2, 2019 21:02:25 GMT 10
Argentina 48% stock market crash in one day, there are so many black swans landing the entire global financial system can go up in smoke any time. Not long and we are going to to wake up to find all bank accounts across the world frozen.
Was there much freezing of bank accounts across the world in 2008?
I think what I learned back then was that the wonders of the digital age make it possible for central banks to immediately, and at no real cost to themselves, inject as much 'currency' into commercial banks as is necessary to keep the system running. Back then it was an experiment. Now its SOP.
It was different in the pre-digital age as there was a considerable effort required to print and distribute a physical replacement.
Post by twooldblueshoes on Aug 15, 2019 9:35:53 GMT 10
True, they shouldn't need to close banks to distribute hard currency...
... bu-ut if they decide to enforce a bail in there won't be advance notice more than there already is
Edit... actually why would they bail in by taking deposits, that would make the mess worse. "Printing" money would help increase exports by devaluing the dollar, causing inflation and reducing the scale of debt?
From what I heard on the radio this morning is that it's just as cheap now for government to borrow money over 10yrs instead of the usual 2yrs and they said that the last few times this has happened a full recession followed between 6-12 mths later
By failing to prepare you are preparing to fail. -- Ben Franklin
Smart luck is when you work your arse off, so when the opportunity presents itself, you don't have to pray for dumb luck.