Hello. I’m Burnham Banks and I studied economics in the late 80s and early 90s. I’m still studying economics today and am still no wiser. This blog is a journal, a record of my thoughts and experiences. If we are destined to repeat our mistakes, we should at least repeat them faithfully. If not, then perhaps the past is a mischievous guide and we should try something new.
The Longevity Imperative (draft)
Thursday, 10 October 2024 | 1:20 pm
The Longevity Imperative • Lifespans are increasing.• Healthspans and workspans are not keeping up. Implications: o Impact on personal finances. Will our personal savings and defined contribution pensions be sufficient for our extended lives beyond work and contingencies?o Impact on public finances. What will happen to the solvency of public pensions and what will it
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China Reflation Policy 2024
Friday, 04 October 2024 | 4:29 pm
27 Sep 2024. The PBOC cut the RRR and repo which will impact the MLF and mortgage rates. They will also offer a swap facility to brokers and mutual funds. Its managed to lift equity markets as sentiment improved. Will it materially impact the economy? I don’t think so. I don’t think people are in
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Three Big Themes, Investable or Not.
Friday, 04 October 2024 | 10:29 am
The Climate Crisis. What we can do: The Longevity Imperative. What we can do: The Fiscal Challenge. What we can do:
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Fiction. Free Energy. Expropriation risk. Governance.
Wednesday, 22 May 2024 | 10:50 am
Once upon a time, there was a Thai philanthropist who funded a program in Africa which paid for the education of the poor. One of the beneficiaries of this funding program, a young physicist barely out of their teens, discovers a new physics, a new way of characterising, describing and understanding reality. From this new
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Fiction?: Matter and Interactions.
Sunday, 21 April 2024 | 3:08 pm
Each force or interaction is a topological space. The interaction between two or more spaces produces physical properties such as charge and mass. The observation space is a factor in how matter and interactions manifest. Each space is induced by the physical matter it manifests. The angular displacement between two or more spaces influences the
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