Muslims traumatised after right-wing attack on community dinner
A Muslim community in Ballarat is left traumatised after a man barged into a community dinner allegedly throwing punches and yelling abuse.
"A 37-year-old man was interviewed by police at the scene and was then given a direction to move on."
It seems staggeringly unlikely if a Muslim came in throwing fists, threatening to kill people and shouting anti-semitic slogans at kids during Hannukah they'd be allowed to leave peacefully.
10.03.2026 04:30
π 205
π 93
π¬ 13
π 13
Gregory Brew
@gbrew24
The goal:
-impose costs, political and economic (largely via price)
-maintain the capability to keep costs high
-signal you're OK with taking a pounding without backing down
Endgame: US is forced to de-escalate, the regime survives and, as a result, declares victory.
really good, clean summary of Iranian war aims and strategy, recognizable both from its own messaging and from its actions
it is very hard for me to see how the US and Israel can "win" if these are the terms of the fight
(wish @gbrew24.bsky.social posted here too!)
x.com/gbrew24/stat...
09.03.2026 15:54
π 28
π 7
π¬ 2
π 0
On Redistribution
Symbolic Capitalists love to take from the rich. We're less reliable about giving to others. It's a significant social problem.
Bottom line: the "Robin Hood" style approach only works if the money taken from the rich ends up in the hands of the needy. But this is something the U.S. is uniquely bad at -- largely as a result of symbolic capitalists diverting huge sums of cash into special interest groups and our own pockets.
08.03.2026 19:47
π 3
π 1
π¬ 0
π 0
Nordic countries had a system like the U.S., with lots of carveouts & exclusions (+ accompanying waste, abuse, perverse incentives, and folks falling through the cracks): musaalgharbi.substack.com/i/189580755/...
They moved towards predistribution, universalized benefits and direct assistance.
08.03.2026 19:46
π 2
π 1
π¬ 1
π 0
My latest for Symbolic Capital(ism) explores how my views on redistribution have evolved as a result of researching and writing my first book π§΅
08.03.2026 19:35
π 10
π 3
π¬ 1
π 0
Money Stuff For Her
By Maddy Lavine
Money Stuff For Her, by Maddy Lavine (International Women's Day edition) medium.com/prooftrading... Some moms want 24-Hour trading | AI job loss or opportunity to girlboss? | Prediction markets predict continuing gender imbalances | Everything is she-curities fraud? | Things donβt happen
10.03.2026 02:50
π 0
π 0
π¬ 0
π 0
π¬I'm sure this will be fineπ¬ "Pace of global warming has nearly doubled since 2015, reveals study"
www.carbonbrief.org/...
06.03.2026 14:48
π 77
π 53
π¬ 5
π 2
If claims start getting paid out, you're looking at a transfer of wealth with US taxpayer money going to private companies. There's also the possibility that you create an incentive for companies, particularly with older tankers, to feed ships and crews to the woodchipper.
06.03.2026 22:20
π 37
π 9
π¬ 3
π 0
It's dangerous gamble for a number of reasons. For a start, it assumes those public institutions have enough money to cover claims if stuff literally starts blowing up. If they don't, you have people relying on them but suddenly unable to cover their debts.
06.03.2026 22:20
π 21
π 4
π¬ 3
π 0
The US government wants to get traffic flowing again, or it is subject to compounding crises involving food production, transport fuels, and inflation for anything that contains plastic. Using public finance to underwrite massively risky ventures is what you do when you made a very big mistake.
06.03.2026 22:09
π 35
π 13
π¬ 3
π 0
This has made insurance super expensive, or forced the cancellation of policies. Importers/exporters and shipping companies don't do this for free. Without this coverage the shipping company loses everything in a strike or incident and takes a massive loss. No insurance, no transit.
06.03.2026 22:06
π 20
π 4
π¬ 1
π 0
A fifth of the world's shipping moves through the Strait of Hormuz, which Iran controls. If I recall, two fifths of total world shipping is fossil fuels. Since the war started, Iran has closed the strait and attacked oil tankers in transit, stopping all shipping.
06.03.2026 22:06
π 18
π 6
π¬ 1
π 0
Suddenly every strike goes from indirectly harming the US through its economy and financial relations, to directly costing a couple billion here, couple billion there...
06.03.2026 21:38
π 22
π 3
π¬ 0
π 0
"The idea that you didnβt need to assume rational agents who were easy to model mathematically but could have various agents w deviations from rationality... that had no impact. Why? Because believing those models required an act of faith"
Hard to imagine not needing to understand & exercise taste
05.03.2026 05:17
π 9
π 2
π¬ 0
π 0
"I had to punch that guy because I could tell he was going to hit me back once we jumped him" is just a description of jumping a guy
03.03.2026 23:31
π 1371
π 299
π¬ 15
π 5
Trumpβs attacks are not about Iran. Heβs after a much bigger fish
Behind the turbulence that characterises US President Donald Trumpβs actions in Iran lies a shrewd geopolitical strategy.
'As with the USA's abduction of Venezuelaβs NicolΓ‘s Maduro in January, Trump's goals in this military action are about oil: controlling the supply of oil from the Middle East, and thereby exerting indirect leverage on China' www.theage.com.au/world/middle...
03.03.2026 02:23
π 0
π 0
π¬ 0
π 0
"After revising its methodology to include only committed or highly likely data centre requests in its updated [revenue] proposal, Jemena said there would still be more than 3.2 GW β more than a third of the stateβs current peak demand" ... 'The regulator is due to make a final decision in April'
01.03.2026 03:18
π 0
π 0
π¬ 0
π 0
βSpeculativeβ surge: The $260m fight over western Melbourneβs AI boom
There are staggering predictions of data centre growth and electricity use in Melbourneβs west. Not everyone is buying the hype.
'Jemena claims that Melbourne electricity demand will double by 2031, driven by a 4.1-gigawatt pipeline of data centre inquiries β a figure which represents half of Victoria's peak energy demand. The AER disagrees.' www.theage.com.au/national/vic...
01.03.2026 03:18
π 1
π 0
π¬ 1
π 0
"Besides calling for the suspension of the law, Italy has also announced plans to compensate operators of gas-fired power plants for the money they spend on ETS permits β effectively cancelling out the systemβs decarbonization incentive."
27.02.2026 01:35
π 1
π 0
π¬ 1
π 0
Take a walk on the supply side: Inflationβs real driverΒ isnβtΒ public or private demand,Β itβsΒ supply constraints β e61 INSTITUTE
This is very interesting analysis: "A growing share of [Australian] demand is for labour-intensive services with limited productivity growth. ... Inflation is increasingly shaped by domestic supply constraints rather than a simple excess of public or private demand." e61.in/take-a-walk-...
27.02.2026 00:12
π 1
π 0
π¬ 0
π 0
Emissions standards for cars fall from 141 gCO2/km in 2025 to 58 gCO2/km in 2029. For utes and vans, the standards fall from 210 g/km in 2025 to 110 g/km in 2029.
"This early good news doesnβt mean the job is done. The 2025 targets were set to be achievable to ease industry into the system ... But the reprieve wonβt last long. Targets will get harder and harder to meet. A car emitting just over the limit today will be significantly over it by 2028."
25.02.2026 23:56
π 1
π 0
π¬ 0
π 0