Thursday, 10 July 2025

Around the Traps 11/7/25

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman ( mainly stats)

Dianne Coyle ( quirky + book reviews)

Vox Wonk

Wednesday, 9 July 2025

The RBA has lost confidence

 First of all all of us has the same information the RBA has.

We know the disinflationary forces are at work. The trend has been there for a long time. ( Why oh why do we not have monthly CPIs that has all the data of the quarterly CPIs?)

The previous month we had a monthly CPI seeming out of whack with all the previous ones and inflation might be a problem. Last month's CPI showed that was a one-off probably  an outlier. Essentially Bullock is saying she has no confidence in monthly CPIs

The labour market is not a problem. most of the growth has been in the non-market sector. Hence wages have never been a problem.

Although fiscal policy is stimulatory it is not that large.

The case is there to cut and cut now. I am of the opinion we go to the neutral rate ( say 2.5%) and then wait as the economy is not booming but stuffed because of interest rates.

The RBA has patently lost confidence in making decisions and therefore waits like all people ddo with no confidence.

Tuesday, 8 July 2025

the mushroom trial

 Having been on juries I won't second guess their verdict. They heard the evidence and I didn't.

I have two questions that have not been answered.

  1. Death by those mushrooms is terrible for the person. You would only do it if you hated the people intensely yet the evidence suggested quite the opposite.
  2. She was apparently quite impressive in her 8 days of cross examination sso she is quite intelligent BUT the murder was committed by a moron.It was not very hard for the police to get to the bottom of the crime
Where is Hercule Poirot when you need him!!

Monday, 7 July 2025

how Britain became great

 The Uk is a small island so how in the hell di it get to have the greatest empire in history.


Read how-ss-great-britain-overcame-tyranny-distance

Sunday, 6 July 2025

Prelude to the Ashes

 Well two more tests. Let us have a look.

England

England's much vaunted batting lineup failed under pressure. Two things of note. It is unlikely we will have roads in the Ashes given the past seasons thank God. Their batsmen are quite suited to batting under our conditions.

England clearly need to find more pace bowlers. Woakes won't come to Australia. They also need another spinner. Bashir will be money for jam out here.   Is Stokes still a test batsman?  He also had a stinker as captain.

Australia

If the WI could bat and catch we would be losing 2-0 not winning 2-0. Our bowling is still fantastic but is aging and thus will not intimidate the poms. Our batting order is still not sorted out and our selections stil reek of over confidence which blew up against SA.


The Ashes looks to be a good competitive series.

Saturday, 5 July 2025

Johnny Farnham

 I really do not like johnny Farnham. Here is another clown who thinks up a nickname ( for his tour with Jimmy Barnes) however my brother became friends with the two trumpet trumpet and sax players who were with him. We got to know them when they played with Doug smith and the Crisps at Marys hotel at West Ryde when I played both football and cricket.


Here you go



Did you miss the trumpet and sax players? I did!

Thursday, 3 July 2025

Around the Traps 4/7/25

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

OZ Climate

Northern America

Europe

Asia

Wonk

General

Climate

Andrew Gelman ( mainly stats)

Dianne Coyle ( quirky + book reviews)

Vox Wonk