Mr Medved

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Everything posted by Mr Medved

  1. Yeah but some animals are more equal than others.
  2. Central Asia is more interesting than south-east Asia IMO. I've spent quite a bit of time in Kazakhstan, and also travelled to Kyrgyz Republic/Kyrgyzstan about a decade ago. Spent a few days in Siberia earlier this year and planning to go back. If you stay in Almaty or Bishkek you're very close to mountains and nature. If you're interested in meeting women it's a good mix of Asian and Slavic women. Japan's always fun but better for @tor to talk about it... if he's still living there.
  3. Yeah but what happens when the insurers go broke? IIRC Westpac were re-insuring themselves which provided for no protection. If defaults happen they will ripple through the system. The banks will not be immune.
  4. That's why the push to eliminate cash. It wasn't that long ago people were paid in cash for normal work, now you're forced to have a bank account. If you don't register a child and obtain a birth certificate then they cannot engage in commerce. The birth certificate creates a legal identity ("strawman") for the living being. One can't exist without the other these days. There is a difference between operating "in the public" and "in the private" but I do not fully understand it. The legal system is like Alice in Wonderland, perhaps even more bizarre. If you want to stay off the grid then you need multiple identities (multiple birth certificates, etc.). I have been told anecdotally that in remote regions birth registration documents are handed out in remote communities about once a month, otherwise they are closely guarded. Unless you want to farm such certificates the only other option I can think of is a Snowtown-like scenario... not really my cup of tea!
  5. Police state. Pure and simple. I always avoid the "advanced" screening machines as they are harmful to health. At least in the USA you can always opt out.
  6. Ouch. That's a fair haircut for a dog box miles away from the CBD.
  7. Something like this that is planned over the course of seven years will never happen. More likely to see unicorns IMO.
  8. Lots of countries have issued USD-denominated bonds. They will be cactus. It's like the people who took out mortgages in foreign currencies, only it's whole countries which will feel the pain. Will see global deflation IMO until the next version of QE is announced. Pegs always break and the HKG will be no different, just a matter of timing. They have insane price-to-income ratios for housing too. I think if there is financial strife the mainland will step in to exert its influence. I keep forgetting to buy more USD! I'll need to do that next week. As I watch the RUB it's interesting to see that it is weakening along with the AUD against the USD. I think commodity currencies may be in for a bit of pain if we see serious deflation.
  9. The government job agencies are a complete waste of time and money. Last time I used one was over a decade ago when I applied for the dole after returning to Australia broke. Unfortunately had no choice to take the dole at the time, else starve. You were mandated to attend their sh*tty "training" courses that were completely useless. You were also forced to apply for 10 jobs a fortnight. It didn't matter which ones either. Since then I've never applied for the dole even though there has been a few occasions when I've been between jobs and could have received payments. It's just an uber-depressing thing to go to Centrelink and jump through the hoops. I figure if people actually want to be on the dole then let them and cut out all the bullsh*t that is costing billions of dollars. Bashing those on unemployment payments is just cannon fodder for talk back shock jocks and politicians. There are very few that are "dole bludgers", most are either between roles or unemployable. I honestly think it's a waste of money, just give them the meager amount they receive. It's much cheaper than prisons or dealing with the social costs, and all the unnecessary process and compliance, etc. is a waste.
  10. I liked the chart overlaying Chinese credit and the AUD: https://www.macrobusiness.com.au/2018/05/strategists-scramble-catch-tumbling-australian-dollar/
  11. Finland have apparently ended their experiment with universal basic income: https://www.zerohedge.com/news/2018-04-24/finland-abandons-universal-basic-income-experiment-after-two-years
  12. I thought it was more staged theatre than anything else... or maybe that's what I am hoping.
  13. My guess if RBA raises rates it is because 90 day bank bill rates have gone up. That's pretty much the pattern they follow... or at least that is my impression over the last decade or so.
  14. AUD/RUB has gained about 10% in the last two days. A nice little move but I'm hoping for a larger collapse. The dilemma I have is whether to buy RUB or USD... at the moment just the latter.
  15. That's why Swiss stocks got hit as well.
  16. Interesting, at least for me - RUB drops in face of sanctions. https://www.zerohedge.com/news/2018-04-09/toxic-assets-ruble-crashes-russian-stocks-plunge-most-4-years-after-us-sanctions When sanctions were introduced back in 2014 there was a liquidity crisis in Russia leading to a massive drop in value of the ruble. Fingers crossed it will happen again! https://www.xe.com/currencycharts/?from=USD&to=RUB&view=5Y https://www.xe.com/currencycharts/?from=AUD&to=RUB&view=5Y
  17. Commodities may be a good place to be. Wars drive up commodity prices, and if there are lower harvests (due to cooling cycle, etc.) then soft commodities may increase. My current focus is increasing exposure to USD.
  18. I am totally hooked on this album.
  19. I didn't open an account in Russia, ran out of time (I was actually in the branch about to open one), but basically just involves going to a bank with your passport and enough money to open the account. But you have to be in Russia. I don't think there is any residency requirement, but do not expect bank staff to speak English or German. Once you have established an account you can use a service like transfer wise or western union, etc. to make deposits. Generally speaking banks will not open accounts remotely due to KYC (know your customer) regulations. May be different if you're also establishing a company.
  20. Swaize - what is your view / Armstrong's view on USD? I am looking to diversify more into USD, not necessarily notes but a bank account.
  21. Forgot to mention nuts - try not to eat too much but also in the dietary mix. Normally keep away from cashews, pistachios and peanuts. I was told pecans are good for prostates, tasty too! Macadamia, almond, and brazil nuts along with pecans the best options (walnuts not so bad).
  22. Swaize - this site is awesome, best on the internet - http://roguehealthandfitness.com/ For exercise I recommend: high intensity weight training (HIT) high-intensity interval training Weight training is the best thing for health IMO. I am skinny so only lift low weights, but HIT requires slow movements so you end up using lower weights anyway. From what I understand was invented by a German bodybuilder named Metzner. Endurance training like jogging/running is mostly badly for you in the long run compared to pumping iron. You'll never see me jogging on a tread mill. Interval training can be as little as 10-15 minute sessions. You basically alternative between 100% all out pace and rest/slow pace. My preference is for a stationary bicycle. You can use an assault bike where you also move your arms but is a much harder workout. If you add general walking then that's all you need. The best bit is if you train hard you can train less, both in terms of duration and frequency. So pretty much what Tor said. The following are what I recommend for good health: Diet Ketogenic diet (low/no carbohydrates) Intermittent fasting (16-20 hours a day; I normally do around 16) Calorie control/portion size control Exercise High intensity weight training; train to failure (HIT) High intensity interval training (HIIT) Moderate amounts of low-level exercise like walking, yoga, tai chi, etc. Rest Sleep - lack of sleep is a silent killer! Adequate recovery periods between training sessions "flow" activity such as playing the guitar (or calligraphy, etc.) There's other stuff like social interaction, clean air and environment (mould is really bad for health), sunlight, specific nutrients (magnesium, vitamins D, K, etc.), sauna/banya/sweating, skin scrubs, sex, laughter, dental hygiene but the above are the key things IMO. Also to not give a f--- about anything because stress is really, really bad for your health. With very few exceptions I no longer eat grains, starchy vegetables (potatoes, etc.), soy, fruits, milk, alcohol, juices, vegetable oils and most processed foods. I stick to water, meat/fish, eggs, salad/above ground vegetables, some cheeses (low/no carbs like dodoni feta) and on occasions olive oil, butter, avocado, yoghurt, cream, berries, and cacao powder/99% dark chocolate. Most days I just eat meat/fish/eggs, salads and drink water. It's somewhat limiting but I feel great and don't want to return to carbs.
  23. I may buy in Russia, not Japan, may be a stupid idea, but S7 are starting Novosibirsk-Tokyo direct flights so if we both go full retard will have to check out respective pads. The temptation is to buy a bigger flat or maybe even two so haven't decided how much to set aside for a Siberian den. Not even tempted at looking at places in Australia, even with the nagging of Mrs Medved.
  24. Only the last 3, the rest in Moscow.