Some 50-60% of Australians are in some form of lockdown right now. The sad reality is that these lockdowns were completely avoidable and the main reason we’re in this mess is the unfathomable incompetence of a handful of individuals. Politicians will point the finger at rule breakers or blame the “unprecedented” contagiousness of the delta […]
Tag: GDP
Microinvesting
The average pair of birkenstocks retails at around $120 (I think). Let me forward a value proposition. You could go all out on a pair of sandals so aesthetically offensive they inspired a not-so-humble smashed avo enthusiast to start a blog. You could roam around the inner-western suburbs of Sydney wielding a $7 crappuccino and […]
Economics 102
So this is the way the rise of the birks-strutting, semi-insta-famous, latte-sipping, avocado-obsessed millennial ends, not with a boomer, but with bat consumption and authoritarian whistleblower-silencing. Considering we’re teetering on the footsteps of a global recession, it seems fitting to write another all-things-economics article. Recession In Economics 101 we talked about GDP and when you […]
The coronavirus and global markets
Unless you’ve been living under a rock lately, you’ll know that the world has been gripped by a global disease outbreak dubbed COVID-19. A couple weeks ago, global markets started to react to the outbreak. Why are markets tanking?* For the most part – unfathomable stupidity. I genuinely believe that fear of the virus will […]
Economics 101
Smashed avo on toast and a double shot, turmeric latte with macadamia-nut milk costs less today than smashed avo on toast and a double shot, turmeric latte with macadamia-nut milk tomorrow. Congratulations. You now know what inflation is. Those important people on tv in overpriced suits tend to complicate things but that’s literally all it […]