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milkpaste
milkpaste@primal.net
npub107ht...g2w8
Sydney / DJ / Accountant
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Milkpaste 2 years ago
I wonder when people will stop normalising the regression of human growth. Turning heaters off and eating canned tuna in 2023 because the middle class can’t afford the bill shouldn’t be accepted. Australia is so delusional and complacent with living standards. A lot of people accept that they can’t afford heating, red meat, housing or healthcare. Inflation has been accepted in our modern day and “price inflation” is to blame. #bitcoin #Australia #inflation #tuna4property #humanregression
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Milkpaste 2 years ago
Another day, another stack of sats #bitcoin
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Milkpaste 2 years ago
Imagine returning to primitive technology used by peasants living out the drudgery day by day, oh wait that’s “renewables” progressives are pushing. We need a fossil future or we return to 13th century peasants normalising black/brown outs and not having reliable 24/7 power. #fossilfuture #unreliables #hydrocarbons
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Milkpaste 2 years ago
Australian media and government loves to spruik the Aussie housing market. The second most expensive and malinvested market after Hong Kong. Defaults are on the rise, even though big 4 banks are saying “nothing to see here” Average debt to income 6+ Savings ratio of income 3.7% Household debt 120% of annual GDP 800k home loans (350b) rolling off from a fixed 2% to 6-7% over the next 6 months. 450k home loans rolling off from 2% to 6-7% in 2024 RBA interest rate: 4.1% The bust of the boom is just getting started. 🇦🇺📉🏠
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Milkpaste 2 years ago
Good Morning Nostr, what’s your coffee order? ☕