Monday, 11 May 2020
Saturday, 17 August 2019
Many people think Australia is a country free of corruption. Corruption is something only poor countries have. However, my hypothesis is that corruption is just as deep in developed countries. The only difference is that the corruption in developed countries is formalised into the system. The corruption is woven into the establishment, so the elite of the country own nice buildings, drive nice cars, and live in nice houses, which puts an aura of legitimacy around their dealings. Humans are naturally snobbish. We evolved that way to increase the probability of survival. Those who ally themselves with the powerful are protected from enemies. Because snobbery is a natural part of our DNA, we are more likely to believe the rich and trust their rationalisations for why their corrupt dealings are legitimate.
The attempts by government, banks and regulators to prop up the property market in the past year has exposed this corruption for all to see. We live in a propertocracy. Government depends on property for taxes. Politicians invest in property. Banks rely on property for profit. Regulators will relax standards for property. Unions need a property boom to keep their workers employed and collect funding from industry superannuation funds, with the funds under management into these industry super funds growing higher and higher as union workers continue to be employed mostly in constructiom jobs. Central banks will lower interest rates and print money to prop up property.
The entire establishment is geared towards propping up property. As such, it makes sense to have some exposure to property, but not too much. Also diversify into stocks, bonds and gold. You don't need to stop eating avocado toast or drinking almond lattes to afford an investment property. Just live with your parents or flatmates forever and never have children.
Saturday, 16 February 2019
Wednesday, 19 December 2018
Sunday, 16 December 2018
I am currently in Candidasa in Bali where I have noticed that there is a lot of garbage not only on the streets but also in the beaches. Supposedly the garbage here is not only from Bali but also from other Indonesian islands such as Java. The current moves the rubbish to Bali. There was a program set by the Indonesian government to ban single-use plastic, but there was little willingness by people to follow it. This is why it is important for people to stop or reduce single-use plastic. Plastics in the the ocean break down and dissolve into the water forming microplastic particles that can end up in fish and humans.
Tuesday, 16 October 2018
Look around at everyone around you. They are mindless drones trying to do everything they can to keep their credit score healthy so that they can one day get a mortgage and car loan so that they can drown in debt.
My advice to everyone is to forget about your credit score. It should be called "slavery score" to reflect what it actually is. It is a signal to slave owners of how good of a debt slave you are. Debt is slavery.
What do you do instead of becoming a debt slave like everyone else? Don't succumb to consumerism, never have children, invest in shares and crypto, and live off dividends.
Of course, most people agree that too much debt is horrible and having children is wonderful. But the two are related. A child is a huge liability. Debt is characterised by an obligation to pay. Children are no different.
Living off passive income is great because you get an income and don't need to work. If you have debt, it is the opposite, that is, you have to work and someone else gets income for doing nothing.
Having children and living off passive income are related. How do you get the money in the first place to buy the financial assets to give you financial independence?
The answer is that you don't have children. Children are extremely expensive. The decision to never have children will save you approximately $1.1 million across your lifetime.
Of course, isn't living a childfree life for the sake of money selfish? Yes it is, but it is also highly selfless and altruistic. Breeding is the number one contributor to climate change. More people in the world means more pollution, more carbon emissions. Furthermore, as humanity grows in size, there are more meat eaters (assuming no vegans) contributing not only to climate change but also animal abuse as the need to feed more and more humans means slaughter of animals needs to occur much faster, which leads to industrial scale mass slaughter that currently kills one billion animals per week in a process so evil that it puts the holocaust to shame. This process will need to scale up much more to meet the demands of 10 billion people on the earth by 2050, and scaling up the factory farms will lead to unimaginable animal suffering.
As the apex predator, as the most dominant and intelligent and arguably most moral species, we humans have a moral obligation to impose a moral order on all animals below us, to protect the weak and vulnerable.
Instead we have completely failed. We exploit, oppress and torture the animals and destroy the earth. We have failed the world and we deserve nothing but extinction via antinatalism.
Saturday, 7 July 2018
There is a common belief that laziness is a mark of failure and that you must be productive and work all the time. This results in people being very busy and using busyness as a status symbol.
Personally, I don't mind being lazy. I believe in freedom. I believe in antiobligationism. I believe in minimizing obligation so that you give yourself freedom to do what you want. If that is being lazy, there is nothing wrong with that. We all need rest, and sometimes sitting down on the couch and watching some Netflix is quite relaxing and enjoyable.
In my opinion, there is a cult of busyness in America and around the world. We fill our lives with obligations e.g. mortgage, marriage, minors, and materialism just to fill the void, and these financial and non-financial obligations enslave us and deny us our freedom, which includes the freedom to be lazy.
The idea that laziness is evil can be found in how "sloth" is seen as a sin. Sloth is one of the Seven Deadly Sins. Those who accept the idea that sloth is sinful have been brainwashed into a slave mentality by those above them. Think about it this way. Many people I know are eagerly living the American Dream, which involves marriage, mortgage, minors and materialism. They are up to their eyeballs in debt, they buy cars, houses, and they have children, which are expensive luxury goods. As a result, they work like slaves. Who benefits? It is the bank who collects the interest payments and fees, the businesses who sell the daipers, etc. In other words, it is the shareholders who collect their dividend payments who benefit. Many people I know who live off shares (i.e. living off slavery) pretty much never work. They might work part-time or do some casual freelance work, but otherwise they're on permanent vacation, relaxing at resorts or taking it easy. The question is who has been brainwashed here?