Some time ago, I wrote a piece about the batshit idiocy of Christian zionists1, which I summarise here. Christian Zionism is theological and political movement that supports the return of the Jewish diaspora to a Jewish homeland in Palestine, based on readings of parts of the bible that suggest that Palestine is a sacred land promised to the Jews by God. Even more bizarre is that Christian Zionists believe that by blessing and supporting the Jewish people and the modern state of Israel, they themselves will be blessed by God. The batshit extension of this is as follows.
Another Monday Message Board. Post comments on any topic. Civil discussion and no coarse language please. Side discussions and idees fixes to the sandpits, please.
It may seem counterintuitive, but, in my view, the odds of a Reserve Bank of Australia (RBA) rate hike next week are falling by the minute. If the Iran war continues at its current intensity and the Straits of Hormuz remain closed, the oil price will be $200 next week, on its way to $500
The post Emergency RBA rate cuts anyone? appeared first on MacroBusiness.
Australia is shifting toward solar and storage hybrids, with battery-centric DC-coupled systems helping manage curtailment, simplify grid connections and deliver energy when it’s most valuable.
The post Why developers are choosing battery-centric DC coupling for big solar and storage in Australia appeared first on Renew Economy.
Mojtaba Khamenei, the son of Iran’s slain leader Ayatollah Ali Khamenei, was chosen to succeed him in a decision announced on Monday by the Assembly of Experts. Iran’s clerical body named Mojtaba as the country’s new supreme leader amid ongoing war and US-Israeli airstrikes.
Australia’s major capital city housing markets have been two-speed since the beginning of the COVID-19 pandemic in early 2020. As illustrated below using PropTrack data on dwelling values, home prices across Brisbane, Perth and Adelaide have more than doubled since March 2020, whereas Sydney (46%) and Melbourne (22%) have experienced significantly slower value growth: Cotality’s
The supply-side nutters at the Centre for Independent Studies have produced “research” showing that “migrants aren’t to blame for the housing crisis”. Instead, the CIS argues that Australia’s housing shortage is “the result of not enough dwellings being built”: “Population growth alone does not produce today’s housing shortage”, claimed CIS author Marian L Tupy. “The
Fortescue moves full steam ahead on its Pilbara renewables plans, this week kicking off construction of WA's largest solar farm and the latest piece in its ambitious decarbonisation puzzle.
With the likelihood of a protracted war in the Middle East increasing, Australia is facing rising energy prices on three fronts. Rising Oil (Petrol and Diesel) Prices: The price of oil has already risen and should continue to do so as global supplies are halted and the Straits of Hormuz seize up. All Iran needs
The post Australia faces a triple-headed energy shock appeared first on MacroBusiness.
Proponents of high levels of immigration typically argue that it lifts productivity and living standards because migrants tend to be better educated and more highly skilled than the average Australian. They generally cite spurious modelling to support their claims, ignoring the actual empirical evidence showing that Australia’s labour productivity and per capita GDP growth slowed
A single cracked tile in your kitchen or bathroom might seem like a small cosmetic issue. Many homeowners look at a hairline fracture or a chipped corner and think it can wait until the next big renovation. Ignoring these small signs of wear can lead to much bigger headaches down the track. Understanding the risks
The post Why you shouldn’t ignore a damaged floor tile appeared first on MacroBusiness.
The world is falling apart, but the jaws are back. According to scuttlebutt, the proximate causes are: China’s state-run iron ore buyer told several traders this week to buy fewer seaborne cargoes of BHP’s flagship products, including Mac fines and Newman fines, people with knowledge of the matter told Reuters, as a months-long contract dispute
Goldman reckons oil is going higher. The analysis highlights rapidly rising upside risks to oil prices from a severe disruption to oil flows through the Strait of Hormuz. The base case forecast previously assumed Brent crude in the low $80s in March and the high $70s in the second quarter, based on the expectation that
The post Brace for $10 petrol prices appeared first on MacroBusiness.