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The controversy over the shares of US video game company GameStop has again exposed what has long been obvious: there is something seriously rotten in the state of the world’s financial markets. It was a battle between a hedge fund, Melvin Capital, which manages $US13 billion, and a small group of ‘amateur’ investors who communicated with each other on a Reddit forum called WallStreetBets.
Men, it seems, have been looking for more opportunities to spend time with family. Research on young fathers, conducted by the Diversity Council of Australia a few years ago, reported that 79 per cent of new generation dads wanted the flexibility to improve their work and family life. For all its downsides, 2020 provided the opportunities.
The world’s financial markets are afflicted by a deep irrationality that imperils their very existence. On the surface, finance looks logical enough with its numbers, charts, mathematics, forecasts, ‘modelling’ and so on. But this only masks the fact that the system itself has been working on underlying assumptions that are either contradictory — such as that you can ‘deregulate’ finance when finance consists of rules — narrow minded or absurd.
Twenty-five years from his death we gather to remember, swapping anecdotes like bank notes weathered in our wallets. The one on how as deputy he’d learn, while pausing in a doorway, the names of all three hundred new Year Sevens in a week. And how when actors failed to show for one of his rehearsals, he’d stride the stage himself.
Aden was a first and a trailblazer for a group of people who before her were long ignored in the mainstream fashion industry. She has many regrets and admits she made mistakes, but for a fresh-faced teenager who was given this huge responsibility, she says, she did good. I say different, she did bloody brilliant.
You are transfixed, steering your car but so captive to the bird’s powerful flight that you could readily follow it as it breaks away and lifts above the forest into the setting sun. Sometimes you do not want it to end. The eagle soars into the light. Away and up into the sky. And here is the corner, down towards the dirt road leading home. You are there.
The pandemic has afforded us a preview of how a crisis plays out when the science is not properly heeded. The overwhelming majority of climate scientists have long been sounding the alarm that the health and safety of large parts of the population are at serious risk, both here and around the world. We are already seeing the damage to health and to the environment that they predicted.
In response to an ABC call out, ‘hundreds of people from across the country’ shared similar experiences of coronavirus-related racism. All these stories illustrate that a wide range of public spaces — indeed the few spaces we are allowed to frequent in lockdown like supermarkets, roads and parks — are not safe for everyone.
The Stage Four lockdown announced by Daniel Andrews on Sunday shows how precarious it is for working mothers. When the going gets tough; our jobs outside the home are expendable.
Identifying the true nature of things, and capturing their horror or charm? Let’s give it a crack. I recognised and recognise still that there are few humans who will ever approach Les Murray's heights of linguistic mastery and vision of life. But one thing I felt I had in common with Les, apart from our shared rustic heritage, was anger.
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