Some must reads

 Busy today so some great articles to read.

• australia-has-problem-or-two , why-are-global-bond-yields-rising 
  
• australia-has-3-competing-migration-policies-the-problem-none-are-based-in-evidence
  
• why-downturns-can-make-innovation-greener 
  
• financing-ai-boom-winners-and-losers-corporate-bond-markets 
  
• aemo-says-batteries-big-and-small-cutting-power-prices-and-fundamentally-changing-the-grid
  

enjoy

more of a whole bunch of things

 Test Cricket

SA showed they were short of a gallop. They bowled too short when they were swinging the ball more than us and their spinners looked ordinary ( after being guns in India). They will have Rabana back for the next two tests and the reason he is the premier bowler he is is that he swings the ball late and bowls a fuller length. Their batting looked ordinary except for Markram and Bedingham. Bavuma looked out of sorts and lost his first test. Their keeper had a test to forget. If SA want to know how they lost go back when you should had have us out for less than 200 but decided to bowl short to tailenders. I would not be surprised at a new keeper and some new batsmen.

We were lucky. Our batting again showed up weaknesses. One decent match or innings does not solve this. Our bowlers cannot get us out of losing if the batting keeps on struggling. Nortje only bowled around mid 140ks but still unnerved our batsmen.

The attendance was a disgrace.

Onto Port Elizabeth

Omar

Her home in Washington got raided. We are told this is about her citizenship however that is way past the statute of limitations. It is also highly unlikely the authorities got new information just now that meant the 60 day 'rule' had to be rejected. Certainly no explanation has been given. I'm no fan of hers but this raid looks very political. Saying Pirro is investigating her also means they have nothing as she is worse than useless

Witkoff and Kushner

Why anyone would think these two could do anything in regards to Russia/Ukraine is beyond me. They believe Putin when he says he has almost taken the Donetsk region. Why do they believe him because they have no intelligence on the war at hand BY DESIGN. It gets worse. When they finish with their 'talks' they then begin to negotiate trade deals.

Guilfoyle

This ambassadorship typifies Trump. She is a grifter of the highest order but a very stupid one. ( If I can make a sexist statement she looks and dresses like a tart. Also very trumpian)

Texan senate race.

I have to say how could anyone vote for a person whose name is Paxton!! You know it aint going the GOP when Paxton is caught partying with criminals in the gulf. The story about the democrat recovering in a mental institution in Ohio blows in the people's faces.

Premier League

If the allegations against Manchester City prove to be true then they should be relegated. This is what occurred in Italy.

Gerard Henderson watch

 I have decided since our mate Gerard  calls all people he disagrees with as comrade I will call him Herr Henderson.

I should say from the outset I have rarely read a person who sneers and is so condescending and then criticizes others. for the same thing.

Herr Henderson said a while ago it was a lot of tosh that Hanson's daughter  who is living in tasmania but working for a NSW senator that she could not do the job as others were doing this.. Now it could be he says this as he was a failed chief of staff for Howard when he was Opposition leader. Herr Henderson might even support working from home fulltime however it is a joke to think a person in another state could do a decent job. Interaction is a necessity assuming she is doing research and not electoral work.The number of mobile phone calls would be enormous assuming her phone is in the right areas. so it rings and she is the office. We know One Nation senators do not do a lot of work and their speeches are never livened with much research. Add this to the fact that Hanson's daughter is trying to be a senator then it seems highly likely taxpayers are subsidising her candidacy. All this is news to Herr Henderson. Can you bear it.

He had a go at Ross Gittins who was actually wrong about why the RBA is now independent when conducting monetary policy. He made the point previously government's did the hard yards with fiscal policy. Herr Henderson alleges Ross was not giving government spending enough recognition. I said previously Herr Henderson did not understand economics and this is a clear example. Ross was actually doing this he merely mentioned taxation! Can you bear it.

When Taylor had a trainwreck of an interview with Sarah Ferguson he claimed she was rudley scolded him. Strange few others saw this.Nor did he like Sally Sara interviewing Matt Canavan on the topic who clearly did not address the question Sara had to ask quite a few times. Remember you cannot interject when anyone does not answer the question asked according to Herr Henderson. Can you bear it.

He also had a rambling account of how white skinned Shoebridge beat the pakistani Faruqi and how ironic he supported DEI. I will leave that but Herr Henderson then said if she had have won, likely  if all green members could vote, she would be as bad a Mamdani in NY. Huh his approval rating is in the 60s. Most people rate him as a superb political athlete! Does anyone really think Faruqi is in the same class as Mamdani. Can you bear it. 

Herr Henderson never examines the faux paus at Sky after dark ( yeah I know they have changed their name but I like saying it). So Peta Credlin makes a rookie mistake of saying THE GOVERNMENT took being jewish off the census he never mentions it. It has NEVER been on a census. Real journalists do not do that. Mediawatch for example has frequently highlighted ABC errors. Not Herr Hendersson though

After Ian Dunt (a person who Herr Henderson dislikes) said Ed Miliband had done a good job he pointed out energy costs had rose when Miliband was minster implying it was because of Miliband's support of renewables. Whoops Herr Henderson obviously missed the UK's reliance on gas and how far gas  prices rose following the invasion of Ukraine. This is why the UK's inflation so much more than other nations. As I have previously said Herr Henderson has little understanding of economics! Can you bear it.

A whole bunch of things.

 Livestreaming a firing squad

I agree with Steve from Brisbane. Although I have no problems with him getting the death penalty a that is the only punishment that fits the crime livestreaming it is depraved. the USa joins yemen, Afghanistan and Iran!!!

Credit Card blues

The ATO decided not to accept credit payments and some people blew up about it. The question that was never asked is why is anyone using a credit card to pay the ATO given the interest rate you pay? You can borrow on almost anything else and get a lower rate. Are all small business people this stupid?

Mark the Graph.

He is at it again with a superb article on why-are-global-bond-yields-rising. It is a must read.

UK

The labour party won Stermer's seat showing the Burnham afterglow is still occurring. I wonder how many poms realise how bad brexit has been for the UK?

russia/Ukraine war

Trump makes ac deal with Putin on diesel oil which will be very hard to deliver and Zelensky is not impressed. nor are many others. Trump wants Zelensky replaced and again blames him for the war and why peace talks have failed. Is there a better example of his ignorance and cognitive decline?

Around the Traps 9/10/26

 It is time again for Around the Traps.

Aussie,Aussie,Aussie,Oy,Oy,Oy

• Mark the Graph on australias-current-account-deficit-is-increasing-should-we-care, the-twi-and-monetary-policy-tightness, the-twi-and-monetary-policy-tightness_part2
• Milad Haghani on byd-is-reshaping-australias-car-market-how-did-it-get-here
• Patrick Commins on canada-migration-technical-recession-economy-lessons-for-australia
• Hal Pawson on this-chart-tells-you-everything-you-need-to-know-about-the-downturn-in-property-prices
• Mathew Crocker on before-the-budget-how-governor-phillip-managed-without-cash-in-the-colony
• Adam Simpson on the-greens-have-squibbed-it-on-ukraine-abandoning-a-democracy-under-attack
• Ross Gittins on the-economy/trying-to-tame-inflation-with-higher-interest-rates-is-dumb-and-unfair
• Alan Gamlen on the-coalitions-migration-policy-rests-on-a-series-of-false-premises
• Andrew Norton on the-coalitions-migration-changes-would-slash-international-student-enrolments
• Fengfei Li on are-you-seeing-new-service-fees-since-the-card-surcharge-ban-here-are-the-rules
• Antony Green on nsw2027-how-optional-preferential-voting-could-re-elect-the-minns-government
• Abul Rizvi on angus-taylor-coalition-immigration-plan-misses-target-politics-policy
• Antipodean macro professional on antipodean-housing-deep-dive-1
• Sarah Canales on net-overseas-migration-how-do-policies-compare-labor-coalition-one-nation
• Stewart Lockie et al on the-migration-debate-has-a-big-blind-spot-much-of-regional-australia-is-shrinking
• Flavio Menezes on why-a-greens-plan-for-624-public-supermarkets-to-take-on-woolies-and-coles-just-doesnt-add-up
• Greg Jericho on australia-is-building-a-lot-of-new-homes-but-is-the-datacentre-boom-holding-us-back
• Donovan Castelyn on some-small-businesses-are-paying-tax-bills-with-credit-cards-what-will-happen-when-they-cant

OZ Climate

• huge-195-tonne-transformer-arrives-at-big-battery-site-after-1300-km-road-trip
  
• australia-is-making-big-bets-on-a-slow-transition-but-the-technology-s-curve-tells-a-different-story
  
• biggest-wind-farm-in-two-years-reaches-financial-close-the-ninth-in-last-12-months
  
• origin-wants-to-supersize-the-eraring-battery-to-make-it-easily-the-biggest-in-the-country
  
• rooftop-pv-system-sizes-feel-the-battery-effect-but-its-still-a-bumper-year-for-home-solar
  
• utility-solar-power-hits-record-high-in-first-month-of-spring-as-gas-generation-falls-to-new-low
  
• tilting-at-wind-masts-turbine-giant-dismisses-littleprouds-rant-against-dangerous-monitoring-equipment
  
• electrifying-apartment-buildings-is-complex-but-huge-cost-savings-from-ditching-gas-justify-the-pain
  
• solar-recycling-could-lose-its-silver-lining-expert-tells-inquiry-as-case-for-mandatory-fee-stacks-up
  
• australian-wind-farm-starts-hit-record-levels-but-the-technology-is-dead-in-the-state-that-needs-it-most
  
• rooftop-solar-smashes-output-records-in-two-states-as-home-batteries-dull-grid-impact-in-sunny-spring
  
• the-great-big-solar-soak-batteries-are-starting-to-drive-up-midday-electricity-prices
• australias-first-transmission-loop-between-three-states-set-to-fundamentally-change-flow-of-electricity
  
• south-australia-may-reach-its-100-pct-net-renewables-target-a-year-or-two-late-but-it-wont-be-the-fault-of-households
  
• Graham Readfearn on australia-weather-el-nino-climate-crisisseptember-record
• Kumuthini Sivathas and Sussan Stone on why-are-new-wind-farms-stuck-in-the-doldrums-in-australia
• Michael-Shawn Fletcher et al on colonisation-not-climate-change-first-primed-these-forests-to-burn
• Md Qays on youve-probably-never-heard-of-synchronous-condensers-but-theyre-essential-in-the-push-for-renewables

Northern America

• Kruggers on the-midterms, who-dropped-the-bonds-interest-rates-part11, the-trump-administration-is-a-cesspit-of-corruption, ai-versus-everything-else, 
• noahpinion on the-second-trump-presidency-is-a-world-historic-failure , what-the-ai-boom-is-doing-for-americans, there-is-no-indian-question
• new deal democrat on september-jobs-report-a-weakly-positive-report-consistent-with-an-inflationary-expansion, leading-indicators-from-the-september-employment-report-continue-positive-trends
• the conversable economist on financial-literacy-how-many-can-pass-the-test , nequity-in-k-12-school-spending, the-challenge-of-us-rural-development
• Rachel Landingham on pete-hegseth-military-state-of-the-force-speech-rhetoric
• Ivana Damjanovic on why-an-eu-associate-membership-is-the-wrong-canada-story 
• Jonathan Blitzer on ice-is-everywhere-and-acting-with-impunity
• Brad De Long on aggregate-total-factor-productivity-and-artificial-intelligence , crosspost-steve-vladeck-256-so-unexplained, crosspost-justin-wolfers-an-agreement-to-agree-on-an-earlier-agreement
• skeptical science on america-hurtling-toward-power-grid-crisis
• Ian Philbrick on trump-nato-allies-biden-china
• Menzie Chinn on reconciling-expected-revenues-to-expenditures

Europe

• Mark Poynting on swiss glaciers suffer disastrous year of ice loss, threatening water supplies  
• Thomas Jeffries on the-death-of-a-russian-plague-researcher-explained-by-a-microbiologist
• mainly macro on misconceptions-following-burnhams-speech
• Phillips O'Brien on divide-and-rule-the-us-strategy-towards-europe Thanks Ben Hodge
• Ian Hill on russia-doubling-down-in-ukraine-and-against-the-west
• Chris Dillow on who-needs-thought
• Kruggers on whats-the-matter-with-france 
• Tyler Cowen on how-and-why-did-the-victorians-succeed

Asia

• Christopher Eylward on how-beijing-could-throttle-taiwan-without-firing-a-shot
• Hilman Palaon on indonesia-new-finance-minister-faces-test-of-delivery
• Eyal Mayroz on three-years-after-october-7-global-attention-on-gaza-has-receded-the-real-test-will-come-after-israels-election
• Adam Kirsch on zionism-israel-palestine-history
• Henry Storey on south-korea-rides-the-ai-boom-unevenly
• Alan Eyre on oil-hormuz-iran-war
• Brad De Long on crossposthighlighted-robert-farley-October7-and-now-everything-has-got-worse
• Amir Tibon on nahal-oz-israel-elections-netanyahu
• David Remnick on will-netanyahu-escape-his-reckoning
• Hunter Parson on what-to-make-of-china-s-new-air-facility-in-laos 
• Mosab Toha on back-to-school-in-gaza

Wonk

• Yanis Varoufakis on the-centre-lefts-slow-suicide Thanks Nick
• Rob Henderson on no-one-expects-young-men-to-do-anything Thanks Nick
• symbolic capitalism on on-education Thanks Nick
• James Lind on the-importance-of-james-burnham Thanks Nick
• Tyler Cowen on new-issue-of-econ-journal-watch, the-greg-clark-symposium, the-origin-of-risk
• Brad De Long on the-highly-cultured-vladimir-lenin-sanewashing-of-the-day 
• Debora Thome on brazil-elections-2026-first-round-victories-demand-a-commitment-to-democracy-by-the-far-right-that-has-not-yet-been-made
• Mark the Graph on its-brave-new-world
• Alex Tabbarok on against-laissez-faire-democracy
• home and away on from-wars-of-choice-to-war-of-choices

General

• Sacha Morel on the-catcher-in-the-rye-is-75-and-every-time-i-meet-holden-caulfield-i-see-him-anew
• Tim Harford on i-was-wrong-about-bad-girl-books
• Michelle Campbell-Ward on africas-rhinos-often-get-the-spotlight-but-indonesias-two-rhino-species-are-far-closer-to-extinction
• Robert Lucas on how-pond-algae-led-to-a-nobel-prize-and-a-new-way-to-study-the-brain
• Jay Silverstein on secret-chambers-in-tutankhamuns-tomb-could-hold-the-burial-of-a-lost-egyptian-queen-we-may-get-answers-soon
• Donna Lu on astronomy-fast-radio-bursts-frb-radio-waves

Climate

• Jacqueline Peel on in-a-year-of-record-breaking-heat-australia-and-pacific-leaders-meet-to-sharpen-climate-goals
• David Appell on el-nino-regions-amazing-sst
• Wesley Morgan and Liam Moore on 1-5-c-to-stay-alive-pacific-countries-demand-the-world-makes-good-on-climate-promises
• ocean acidification on carbon-in-the-ocean
• open mind on co2-growth-and-el-nino
• skeptical science on world-without-solar-and-wind, new_research
• Charles Hunt et al on pacific-people-pay-exorbitant-prices-for-energy-rich-countries-should-back-their-renewable-transition
• James Hopeward et al on hoping-for-a-new-normal-climate-is-pointless-we-must-learn-to-adapt

Andrew Gelman (mainly stats)

• if-you-were-planning-to-send-me-a-chatbot-written-email-or-post-a-chatbot-written-comment-just-send-or-post-your-prompt
  
• using-the-computer-to-p-hack-id-rather-use-it-to-fit-multilevel-models
  
• a-plan-to-replicate-the-loftus-and-palmer-1974-on-false-memories
  
• ok-this-is-just-weird-from-alaska-airlines
  
• survey-statistics-2-different-uses-of-simulated-data
  
• our-unending-struggles-with-the-monster-model
  
• whats-the-deal-with-the-rmet-the-reading-the-mind-in-the-eyes-test
  
• statschat on fool-me-twice
• Kaiser Fung on the-art-of-curation

Dianne Coyle ( quirky + book reviews)

• Emmett Stinson on written-as-a-single-sentence-adam-oustons-mine-is-a-novel-under-the-influence
• Marina Bolotnokova on opposite-of-happiness-loewenstein
• Tyler Cowen on what-ive-been-reading

Vox Wonk

• strategic-sovereignty-social-movements-and-political-agency-evidence-us-israeli 
  
• hiding-mean-ai-adding-jobs-and-removing-them-same-time 
  
• impact-ai-and-cross-border-data-regulation-international-trade-digital-services
  
• bonding-through-crises-nonbank-financial-institutions 
  
• venture-capital-global-perspective
  
• not-all-geopolitical-shocks-are-inflationary
  
• worker-managed-firms-can-curb-inequality-and-protect-free-markets
  
• adjustment-danish-labour-market-ai-has-begun  
  
• cultural-norms-matter-macroeconomic-development
  

The Opposition's immigration policy is a joke

Here are a few views:

• Alan Gamlan
• Andrew Norton
• Abul Rizvi
• Stewart Lockie et al
  

Okay so these experts can see quite a few problems. The Opposition answered none of my questions and it appears to have used the PBO not as much as they claimed in saying they had done the costings for them. Certainly Taylor could not answer some simple questions about their policy.

We expect this from One Nation as they are both lazy and stupid but we expect a lot better from the LNP!

I need a reason to vote for them and they keep on refuse to do that.

There should be NO march today

 I have said previously some supporters of palestine possess no political understanding. Today I am repeating myself.

I support the creation of Israel as the UN did way back in 1947.

However on October 7 an unspeakable evil was affected  on Israeli people a lot who were sympathetic to the palestinian cause. The day should be left alone.

You can protect any day but this one about the creation of Palestine and the genocide imposed on palestinian people by the government of Israel but leave October 7 silent.

It does not help your cause demonstrating today indeed it may lead people to oppose your cause.

Demonstrating today is simply trumpian. Do not do it!