4 day work week.Be interesting to see what you all think are the solutions to underemployment.
absolutely too many non productive jobs eg OH+S ,box tickers,counselling about bullshit, making bullshit products , managerial , IT bullshit, public service bs jobs changing things for the sake of it.symptom of not enough jobs because we have largely automated and mechanized production.
Covid pretty much showed how many jobs were bs jobs. Jobseeker is basically universal basic income. The world didn't fall apart.absolutely too many non productive jobs eg OH+S ,box tickers,counselling about bullshit, making bullshit products , managerial , IT bullshit, public service bs jobs changing things for the sake of it.
The currently insurable would become uninsurable. Risks would be born by individuals.Combined sea level rise - global sea level rise (SLR) of up to 2 m by the end of the century combined with localized sea level rise anomaly for the eastern seaboard of North America
Insurance aspects - The critical issue is the impact that a hurricane in the New York region would have. Potentially the cost could be 1 trillion dollars at present, rising to over 5 trillion dollars by mid-century. Although much of this would be uninsured, insurers are heavily exposed through hurricane insurance, flood insurance of commercial property, and as investors in real estate and public sector securities.
Indian Summer Monsoon - shifts in hydrological systems in Asia as a result of hydrological disturbance of monsoon hydrological regimes (particularly Indian Summer Monsoon) combined with disturbance of fluvial systems fed from the Hindu-Kush-Himalaya-Tibetan glaciers (HKHT)
Insurance aspects - The potential scale of drought losses could abort the initiatives to extend insurance more widely into the rural sector. The wider repercussions of drought through an economic slow-down and deterioration in public finances would impact insurers strongly, through the liquidation of private savings and the impairment of investments in public sector securities.
Amazon die-back and drought - committed die-back of the Amazon rainforest and a significant increase in the frequency of drought in western and southern parts of the Amazon basin
Insurance aspects - Insurers would be directly affected by the economic effects of drought in the region i.e. an economic slow-down, and deterioration in public finances. The impacts on natural forests would be less material, since markets in natural carbon and biodiversity are unlikely to be significant for some time, and the drought risk will become evident during that period. In a broader sense, drought could incentivize investment into other forms of energy, e.g. solar power.
Shift in aridity in Southwest North America (SWNA) - a significant shift to a very arid climatology in Southwest North America (SWNA)
Insurance aspects - Insurers are now alert to wildfire risk in the region. The most serious aspects of the tipping point for insurers would therefore be the indirect ones, i.e. economic and labour market disruption and a deterioration of public finances. On the positive side, investment in water management and alternative energy could provide opportunities for fund managers.
I pretty disheartened with the messaging coming out of canberra, there appears to be very little appetite for fundamental changes on the table. In fact it looks like the gov wants to supercharge the already unsustainable ponzy parts of the economy. That idiotic houseprice keeper /renovation keeper scheme is a perfect example.Long term - a new vision of Australia as a more self-sufficient nation, fuelling our economy with self-consumption and built on sustainable foundations - no more population growth pyramid scheme, no more profits over environment, no more tax breaks for big business? I fear this isn't the midset in Canberra or at the RBA.
What sort of Australia do people want to see in 2021? 2025? 2030?
Confucius say man who pick bottom end up with smelly fingerOn a slightly different, well very different note
I see Hertz shares are popular at the moment
Seeing as the company itself said they will be worthless in the not too distant future
Are people stupid with their money or am I missing something?
Discretionary spending is a bit different to trickle down theories. Also all of the industries you mention are low income (or worse) and instability.basically all these hospitality, personal fitness and other service industry jobs (Uber eats, cleaners, etc) are a direct result if trickle down or those with disposable incomes funding service industries.
never thought about it that way.
Buy in gloom, sell on boom!All the negative news is really making it hard to keep my positive outlook...