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Most of this global economics poo poo goes right over my head, is there anywhere I can find a good primer? Just found that The Complete Idiot's Guide to Economics, 2nd Edition is a thing.
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Jul 3, 2015 01:44
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I can save you a bunch of research. In international trade, a trade surplus or deficit should not be allowed to exist even in the short term. Source - Keynesian economics. Why? See trade imbalance and unrepayable debt.
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Jul 3, 2015 01:51
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QUACKTASTIC posted:Most of this global economics poo poo goes right over my head, is there anywhere I can find a good primer? Go and read "Eat the Rich" by P.J. O'Rourke. A bit out-dated and you won't learn much, but you will be at least entertained while reading a book about economics.
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Jul 3, 2015 03:27
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Don't do that. https://en.wikipedia.org/wiki/List_of_important_publications_in_economics
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Jul 3, 2015 03:39
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open24hours posted:Don't do that. I'm sure the list will change again soon but that first book looks out of place 
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Jul 3, 2015 03:49
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Calls for Liberal same-sex marriage supporters to resign 'not helpful', Christopher Pyne says Senior federal minister Christopher Pyne said it was "not helpful" for one of his colleagues to suggest Liberal frontbenchers who support same-sex marriage should resign as ministers. Leader of the Government in the Senate Eric Abetz argued yesterday that ministers who wanted to vote for legalising gay marriage should quit the frontbench. Mr Abetz's comments were part of the backlash from Liberal Party conservatives who were against plans to introduce a same-sex marriage bill to Parliament in August, with cross-party sponsorship. Communications Minister Malcolm Turnbull, Environment Minister Greg Hunt and Assistant Treasurer Josh Frydenberg have all publicly supported legalising same-sex marriage. "The Prime Minister's made it absolutely clear many times that everyone can have a different view on this matter and their views need to be respected," Mr Pyne told Channel Nine. Mr Pyne also made light of Senator Abetz's concern that giving legal recognition to same-sex marriage would "open a Pandora's box for all sorts of other potential possibilities" including "polyamory, clearly". "I'm not sure I know what polyamory is, but it doesn't sound very attractive," he said. Trade Minister Andrew Robb said same-sex marriage was "a 20th-order issue" for most Australians. "None of the millions of families out there who are concerned about their jobs and paying the bills will thank us for being preoccupied for weeks and weeks with this issue," the former Liberal Party campaign director said. "If we take it up it could distract us for weeks and a couple of months." Labor frontbencher Anthony Albanese attacked Mr Abetz's latest comments. "Eric Abetz's views don't have a place in modern Australia," he said on Channel Nine. Mr Albanese said he expected a bill to legalise same-sex marriage to be introduced in the second half of the year. "I suspect when it does it will be carried and we'll all move on," Mr Albanese said. About 83 of the 123 members of the Government are publicly opposed to changing the definition of marriage. Liberal proponents of same-sex marriage now want to wait until Parliament resumes in August to debate the issue, to avoid weeks of divisive debate over the winter break. http://www.abc.net.au/news/2015-07-03/same-sex-marriage-comments-not-helpful-pyne/6592396 there's also a table of LNP by support/opposition of same sex marriage, but the oppose section is too long for a screenshot.
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Jul 3, 2015 05:10
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Birb Katter posted:I'm sure the list will change again soon but that first book looks out of place It's already gone?
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Jul 3, 2015 05:11
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QUACKTASTIC posted:It's already gone? I didn't really edit Battlelines into the page, just modified my version. Wikipedia shouldn't suffer for a stupid joke.
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Jul 3, 2015 05:16
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QUACKTASTIC posted:Calls for Liberal same-sex marriage supporters to resign 'not helpful', Christopher Pyne says I've seen a couple of articles lately where between the lines Pyne seems to be saying there should be a conscience vote. Is he seeing the writing on the wall and positioning himself to take a shot at the leadership if Abbott gets the boot?
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Jul 3, 2015 05:45
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Senor Tron posted:I've seen a couple of articles lately where between the lines Pyne seems to be saying there should be a conscience vote. Is he seeing the writing on the wall and positioning himself to take a shot at the leadership if Abbott gets the boot? Forget Pyne, the milquetoast gently caress, let's make Abetz leader and get this race to the bottom over with.
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Jul 3, 2015 05:53
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He's setting himself up to be reasonable, but he quotes Tony in that article about being reasonable anyhow.
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Jul 3, 2015 06:06
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Dutton or bust.
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Jul 3, 2015 06:07
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Lionhelm for LNP PM. He got in on the regular ticket because people didn't notice he wasn't LNP so why should the LNP do anything other than represent the electorate and vote him to the top job?
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Jul 3, 2015 06:10
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Frogmanv2 posted:All that takes is for you fucker to hit ignore and stop responding to him. I do have him on ignore. Unfortunately others tend to quote him quite a bit and I end up seeing his posts anyway.
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Jul 3, 2015 06:36
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Senor Tron posted:I've seen a couple of articles lately where between the lines Pyne seems to be saying there should be a conscience vote. Is he seeing the writing on the wall and positioning himself to take a shot at the leadership if Abbott gets the boot? He's joining Alan Jones in being pro-same sex marriage for reasons.
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Jul 3, 2015 06:41
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Pynes gotta change his views to lap up votes e.g. Kevin Rudd
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Jul 3, 2015 06:43
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I've just moved into his electorate and man am I looking forward to directly voting against him.
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Jul 3, 2015 06:52
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Senor Tron posted:I've just moved into his electorate and man am I looking forward to directly voting against him. It really never struck me as a Liberal voting electorate, let alone one with such a large margin until I randomly went for a late-night drive there about a month ago and ended up in some strange gated community with enormous houses on top of a hill overlooking the city. It seems like there are quite a few millionaires scattered around. It looks like the swing would have to be pretty huge for him to lose his seat unfortunately, because the  would be magnificent.
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Jul 3, 2015 07:03
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Vladimir Poutine posted:It really never struck me as a Liberal voting electorate, let alone one with such a large margin until I randomly went for a late-night drive there about a month ago and ended up in some strange gated community with enormous houses on top of a hill overlooking the city. It seems like there are quite a few millionaires scattered around. Is Burnside in Sturt? Where that gigantic loving sandcastle mansion is? the family that owns all the convenience stores?
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Jul 3, 2015 07:08
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Vladimir Poutine posted:It looks like the swing would have to be pretty huge for him to lose his seat unfortunately, because the And I've said it before, but the worse he does in his portfolio the better he'll do in his electorate, because the UniSA Magill campus is the only real focus of left-leaning votes in the area.
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Jul 3, 2015 07:09
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what the gently caress posted:Is Burnside in Sturt? Where that gigantic loving sandcastle mansion is? the family that owns all the convenience stores? Yeah. It also contains a bunch of northern suburbs that I would have assumed would primarily vote Labor, but I think the rich areas more than cancel that out.
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Jul 3, 2015 07:11
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Senor Tron posted:I've just moved into his electorate and man am I looking forward to directly voting against him. Hey neighbour. Enjoy receiving regular postal updates including a survey to fill out ranking the biggest issues to you from stopping the boats to ending waste. Also included, 1 pre-sealed reply paid envelope. I like to imagine they had a staffer doing the mailout, sealing each reply envelope with loving care.
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Jul 3, 2015 07:21
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Do they really pre-seal the reply paid envelopes consistently? Why? Also it seems a bit misleading to compare US debt and Greek debt on per capita terms. The US has a functioning economy with actual export value (its the biggest economy in the world) and Greece has some cash crops and tourism that have like zero competitiveness while they're attached to the Euro. There is just no capacity to pay it back in any real sense
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Jul 3, 2015 08:13
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Abbott and Hockey's electorates are the first two to get FTTN NBN lol
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Jul 3, 2015 08:38
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Sulla-Marius 88 posted:Also it seems a bit misleading to compare US debt and Greek debt on per capita terms. The US has a functioning economy with actual export value (its the biggest economy in the world) and Greece has some cash crops and tourism that have like zero competitiveness while they're attached to the Euro. There is just no capacity to pay it back in any real sense 1/ Being the guy who makes up the rules (duh). 2/ Monetising frantically to make up their position. So yes their circumstances are very different but the actual underlying issue is identical. How long the US can continue the enormous level of debt it carries is both unknown and somewhat frightening. (I've recently been reading a lot about exactly this so I didn't just make it all up over cornflakes). http://www.cfr.org/financial-crises/dangerous-us-government-debt/p22408 A little elderly but. quote:At the same time, moreover, foreigners seemed poised to drive U.S. borrowing costs higher. The dollar was falling sharply. Early in 2009 it fetched almost eighty euro cents in Frankfurt or Athens; by autumn it was worth sixty-seven euro cents. Foreign investors, who held more than half of the U.S. Treasury market, were getting nervous. Luo Ping, a director-general at the China Banking Regulatory Commission, summed up the angst:
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Jul 3, 2015 08:42
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Lid posted:He's joining Alan Jones in being pro-same sex marriage for reasons. Pyne is gay?
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Jul 3, 2015 09:08
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Ragingsheep posted:Pyne is gay? And that's ok and not a reason to attack him
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Jul 3, 2015 09:12
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It's actually cool and good to spread rumours about the sexual habits of people you don't like.
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Jul 3, 2015 09:15
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Yeah, no problems with his sexuality. I just always thought he was one of the hardcore Christian right.
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Jul 3, 2015 09:15
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Ragingsheep posted:Yeah, no problems with his sexuality. I just always thought he was one of the hardcore Christian right. He's one of the wetter Libs, or at least that's the way some of his colleagues see him.
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Jul 3, 2015 09:22
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Yeah, Christopher Pyne is a moderate in the Liberal Party, which is probably indicative of just how hosed up the party is. Also he has a wife and kids. Assume what you will about his sexuality, but it really doesn't matter. (there's a reason Bernardi hates his guts though)
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Jul 3, 2015 09:26
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Cartoon posted:Well yes and no. The reason the Greeks are hosed is the accumulated effect of the requirement to repay the interest on the debt. This prompts a death spiral. Greece could have 'monetised' their way out of it except they are pinned to the CE via the Euro. The US is keeping the debt monster at bay by: Devaluing their currency (assuming they break from the EU) would let their cash crop exports and tourism sectors actually become regionally competitive and probably keep the country going for a while (don't know what they're going to do long-term given the tremendous brain drain that's occurred) but it's not a simple "flip the switch" solution, it'd be difficult even if they didn't have crippling debt piled at their feet, as it is if they default and leave the EU and start printing their own money the deck is already stacked against them in terms of just surviving day-to-day while they seek to stabilise and rebuild confidence in their country, both from citizens and foreign markets. Even selling a bunch of pistachios you've already grown isn't easy (or cheap), all the logistical difficulties of harvesting, preparing, storage, transport, and money transfer to a reliable bank are all things that require a functioning country with enough cash to keep the wheels moving. Given how underpowered their economy is at the best of times (they're not exactly a shipbuilding leviathan anymore) monetisation might be the best way out but it's still looking pretty far out of their reach, and sourcing the debt relief they need to survive day-by-day and withdrawal from the euro are mutually exclusive in this environment. That said, I don't know poo poo about your broader criticism of international economy so I'm going to have to bookmark that and come back to when I have time, it looks like a long read that's going to have a whole bunch of branching articles popping up as I go.
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Jul 3, 2015 09:36
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Murodese posted:(there's a reason Bernardi hates his guts though)
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Jul 3, 2015 09:37
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https://www.youtube.com/watch?v=zdmsE-Bff7k
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Jul 3, 2015 09:40
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This Pyne topic comes up every few months. In short it's safest to leave his private life out of things, leave aside the outrage over personal hypocrisy etc, and just focus on how poo poo he is as a politician. You won't run out of things to hate anytime soon if you restrict yourself to his professional life, so why open Pandora's box of "but he's secretly gay!" and tie yourself down to a morally muddy argument that does nothing but distract from how much he needs to be strapped to a leaky dinghy and cast adrift in the Pacific?
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Jul 3, 2015 09:41
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Much like Labor's recent campaign strategy, Mr. Squiggle only really makes sense if you squint your eyes and keep turning right
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Jul 3, 2015 09:44
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Murodese posted:Yeah, Christopher Pyne is a moderate in the Liberal Party, which is probably indicative of just how hosed up the party is. Pyne is gay because he has a nasally voice apparently.
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Jul 3, 2015 10:09
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Dear Mr Pyne, Why does gay? Why. I'm not say bad, I just want know why. You sincerely, Concerned Citizen P.S. Why
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Jul 3, 2015 10:14
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Pyne's two defining features in politics are that he is a Moderate but also he is Ridiculously Loyal. So he will fiercely prosecute the government's agenda to a T, but when asked about his views on things that fall between the cracks of said agenda, he will be a lot less vehemently evil than some of his other counterparts. Take that how you will.
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Jul 3, 2015 10:16
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Jul 3, 2015 10:28
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