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David Llewellyn-Smith of Macrobusiness writes Wikipedia page about himself, breaches Wiki guidelines; Also claims Australian Property Bubble began in 1991 (or earlier), when he was 24 years old.
Topic Started: 25 Sep 2015, 05:19 PM (6,031 Views)
Shadow
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Evil Mouzealot Specufestor

Rastus2
25 Sep 2015, 06:02 PM
Lol, its real... omg, shadow, you need professional help.
Can you recommend anyone?

Quote:
 
It must be hard for MacroBusiness to accept that a naughty troll managed to secure the 'MacroBusiness' Facebook page name before they could. :lol

It must also be pretty annoying to realise that the 'Not Macrobusiness' twitter account has twice as many followers at the real Macrobusiness...

https://twitter.com/macro__business

https://twitter.com/macro_business
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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stubby
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Shadow
25 Sep 2015, 06:12 PM
It must be hard for MacroBusiness to accept that a naughty troll managed to secure the 'MacroBusiness' Facebook page name before they could. :lol

It must also be pretty annoying to realise that the 'Not Macrobusiness' twitter account has twice as many followers at the real Macrobusiness...

It is equally hard for anyone outside of your little Hatfield-McCoy bunfight to do anything but laugh at you both.

:lol :lol :lol
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Veritas
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Shadow
25 Sep 2015, 06:12 PM
Can you recommend anyone?


It must be hard for MacroBusiness to accept that a naughty troll managed to secure the 'MacroBusiness' Facebook page name before they could. :lol

It must also be pretty annoying to realise that the 'Not Macrobusiness' twitter account has twice as many followers at the real Macrobusiness...

https://twitter.com/macro__business

https://twitter.com/macro_business
Fair play, you put serious time and effort into your trolling.

How do you find time to do anything else?
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?

The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly.
Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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Shadow
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Evil Mouzealot Specufestor

Veritas
25 Sep 2015, 07:10 PM
Fair play, you put serious time and effort into your trolling.

How do you find time to do anything else?
Delegation and outsourcing.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
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Veritas
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Shadow
25 Sep 2015, 07:11 PM
Delegation and outsourcing.
Well, I know Strindberg helps you out.

Anyone else?
Property acquisition as a topic was almost a national obsession. You couldn't even call it speculation as the buyers all presumed the price of property could only go up. That’s why we use the word obsession. Ordinary people were buying properties for their young children who had not even left school assuming they would not be able to afford property of their own when they left college- Klaus Regling on Ireland. Sound familiar?

The evidence of nearly 40 cycles in house prices for 17 OECD economies since 1970 shows that real house prices typically give up about 70 per cent of their rise in the subsequent fall, and that these falls occur slowly.
Morgan Kelly:On the Likely Extent of Falls in Irish House Prices, 2007
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Rastus2
Member Avatar


Shadow
25 Sep 2015, 06:12 PM
Can you recommend anyone?


It must be hard for MacroBusiness to accept that a naughty troll managed to secure the 'MacroBusiness' Facebook page name before they could. :lol

It must also be pretty annoying to realise that the 'Not Macrobusiness' twitter account has twice as many followers at the real Macrobusiness...

https://twitter.com/macro__business

https://twitter.com/macro_business
Sure,
https://en.m.wikipedia.org/wiki/Sigmund_Freud

Best of luck.

You are either somehow financially benifiting from this trolling, or quite insane... or both
Edited by Rastus2, 25 Sep 2015, 07:31 PM.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
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herbie
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He shapes up as a bit of a light weight compared to CJ:

https://en.wikipedia.org/wiki/Christopher_Joye

Mind you, I'm not totally averse to "Houses and Holes" - Haven't read much of his stuff at all for a reasonable number of years now though.

An 'old style' bear at least - Could have gotten all bitter and twisted and become a racist? But I'd personally rather doubt it???

Anyway where's he sit on the ageist shit these days? (Just out of general interest.)
Edited by herbie, 25 Sep 2015, 07:54 PM.
A Professional Demographer to an amateur demographer: "negative natural increase will never outweigh the positive net migration"
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Shadow
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Evil Mouzealot Specufestor

Rastus2
25 Sep 2015, 07:30 PM
You are either somehow financially benifiting from this trolling, or quite insane... or both
The vast majority of trolls are very highly paid for their work.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
Rastus2
Member Avatar


Shadow
25 Sep 2015, 08:17 PM
The vast majority of trolls are very highly paid for their work.
Prove it.
Shadow - Defrauded his Bank ? 2015 I have 9 different loans and my bank had no idea which ones were personal and which were investment. They had half of them classed incorrectly. When this change came in they asked me to tell them if any personal loans were incorrectly classed as investment, which I did, and they switched them to personal for the lower rate. They also had a couple of investment loans incorrectly classed as personal. They didn't ask me about those. So they stay on the lower rate too. Worked out pretty well. :)
Shadow - 2008 Sydney Median House Price 1.25M by 2014-2015

Shadow : I think this boom has already begun in several cities. My prediction :
Peak of boom: 2014-2015. Sydney Median Price: $1,250,000 Bottom of bust: 2017-2018. Sydney Median Price: $1,100,000

Shadow's Original 2010 House Boom and Crash prediction http://s836.photobucket.com/user/rastus22/media/shady-orig-2010-chart.png.html?sort=3&o=0

Shadow's attempt to edit his 2010 chart in 2015 and replace it with one that does not show a crash in 2013 http://s836.photobucket.com/user/rastus22/media/Screen%20Shot%202015-06-06%20at%207.12.52%20pm_1.png.html
Profile "REPLY WITH QUOTE" Go to top
 
Shadow
Member Avatar
Evil Mouzealot Specufestor

herbie
25 Sep 2015, 07:44 PM
He shapes up as a bit of a light weight compared to CJ
Yes, CJ has achieved a fair bit more in his life than just being a blogger, and helping Ross Garnaut write a book (Lewellyn-Smith's main achievements).
Rastus2
25 Sep 2015, 08:19 PM
Prove it.
It was you who suggested I could be benefiting financially from trolling. I assumed that was because you were aware that most trolls do benefit financially from their work?
Edited by Shadow, 25 Sep 2015, 08:24 PM.
1. Epic Fail! Steve Keen's Bad Calls and Predictions.
2. Residential property loans regulated by NCCP Act. Banks can't margin call unless borrower defaults.
3. Housing is second highest taxed sector of Australian Economy. Renters subsidised by highly taxed homeowners.
4. Ongoing improvement in housing affordability. Australian household formation faster than population growth since 1960s.
Profile "REPLY WITH QUOTE" Go to top
 
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