Sad Australia has devolved into this 🇦🇺

KEW POOL COLLAPSE: WHEN COST-CUTTING MEETS SYSTEMIC FAILURE A $73 MILLION WARNING FOR ALL AUSTRALIANS 🇦🇺 This is where currency debasement gets very consequential and downright dangerous for all of us. The Kew Recreation Centre collapse is now more than just a construction disaster, it’s a legal war, a procurement failure and a reminder of what happens when oversight fails badly. In 2022, the supposedly high-grade steel roof truss buckled and fell 10 metres; a failure so violent locals thought it was an explosion. Miraculously, nobody died. But the aftermath is very ugly: 🔹 Imported steel reportedly failed Australian standards 🔹 A 40m truss was allegedly cut into four pieces to fit a shipping container 🔹 Testing months before collapse allegedly flagged the steel as substandard 🔹 Work continued anyway 🔹 Charges laid against the builder over welding + quality assurance 🔹 The builder claims it was a flawed council design and is now suing back Serious corner cutting has occurred. When currency weakens, public works become more expensive. Budgets stretch and cheaper imports become far more attractive. Procurement departments start thinking in dollars and not safety. Accountability dissolves into bureaucracy, and quality becomes optional, until gravity enforces the standard we were meant to keep. The pool will be rebuilt. The lawsuits will drag on but the cost won’t fall on executives or procurement officers. It falls on the public, every single time. No accusations. No conclusions. Just a question: If this happened once, what’s stopping it happening again? Dollar debasement → corner cutting → building collapse.

Kew Recreation Centre roof collapse: Council and construction company begin legal battle

The Bondi Shooting has turned into a Reichstag Fire moment.

The net zero scam kicked off October 2021. Coincidentally our M3 currency has expanded by around 30% over the same time period.

1335 NDIS providers in Lakemba NSW and 913 in Broadmeadows VIC. We’ve got our own Somali scam going on right here in Australia 🇦🇺

The longer your time horizon is the better.

The founding father of accounting was a Catholic Friar named Luca Pacioli. Double entry book keeping originated with him*

There are 1335 registered NDIS providers in Lakemba NSW. It’s the Somali, Minnesota daycare scam but its happening right here in Australia 🇦🇺 Who is going to expose it?

Interesting. A divided and secret loyalty is no good.

🔥 8 weeks from hell for the besieged City of Onkaparinga Council in SA 🔥 🚪 Huge staff turnover. 🪑 Acting appointments across senior roles. ✈️ And a Mayor either in Rio or on leave — who has still not fronted the media. In just 8 weeks, Onkaparinga ratepayers have witnessed a growing list of scandals and failures: 🌴 A tone-deaf overseas trip to Rio de Janeiro, sparking widespread outrage while serious issues at home went unanswered 🎄 The Mayor’s Christmas Lights Competition scrapped, followed by public embarrassment and internal dysfunction ⚔️ A very public falling-out between the Mayor and Deputy Mayor, with the Deputy cancelling the official competition and launching her own 🌏 A “besieged” council appointing an overseas CEO, including up to $20,000 in relocation costs charged to ratepayers 🏭 More than 1,700 residents opposing a proposed 24/7 plastics factory at Old Reynella, raising significant health and environmental concerns ☣️ A children’s BMX track closed after asbestos was discovered — found by a parent, not the council 🌱 Onkaparinga becoming a national laughing stock, with the now-infamous “Christmas Weed” story symbolising neglect and mismanagement 📉 Ongoing senior staff departures and acting appointments, further destabilising leadership and decision-making ❓ A Mayor absent during peak controversy, leaving staff and the community without clear leadership or accountability 🚨 This serious lack of leadership is now starting to show. 🧱 You can only paint over the cracks for so long. Credit - Simon McMahon*

BTC isn’t an investment, it’s a decade-long demolition of bad money. 2015: $425 2025: $87,823 +20,652%. Two hundred-bagger. Canberra still thinks Bitcoin is a “speculative asset”. If the dollar is the bucket then Bitcoin is the hole you escape through.

Minnsy has lost the plot.

Surely pop has a few laying around*

Please do the exercise for yourself. If you put $100 into BTC, gold and silver January 2, 2020 and held it until today; this is the result; BTC: $1250 Silver: $440 Gold: $297 You can stop telling me that BTC is inferior money.

Australians are not struggling by accident. When governments spend beyond their means, bond markets demand higher yields and that’s exactly what we’re seeing, with the AU 10-year yield near historically elevated levels. Higher yields mean more expensive borrowing for all. SAFA is now refinancing at ~92% borrowing cost relative to federal equivalents, which directly translates into higher interest bills for state budgets! More expensive borrowing costs means higher taxes, higher rates and a cost-of-living crisis that falls on everyday Australians. Albanese in Canberra and Malinauskas in South Australia have treated the public purse like a bottomless account and now families like ours are paying the price.

See you there 🇦🇺

Hard to beat home grown apricots.

Common story sadly 📰 🪙

Well that feels a bit off.

The debasement plays are clear 🪙