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Bit Of A Yarn

Murray Fish

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Everything posted by Murray Fish

  1. 10,000% wrong road to go down... just let him keep funding his horses! sigh, he posts on a 100% Racing (FB) Group that doesn't get much pick up by the big 'algorithms', if any at all!!! He has his supporters! Let him Howl!!!
  2. pardon!!! ps. almost feel like playing up just to see what happens!!! I'm sure I could come up with a few shit bombs!!!
  3. It use to be, that by being of course! you have agreed to the rules! back in a day it all that stuff used to be written somewhere in most racebooks! But as usual! one needs to steep back and ask why to they focus on this sort of thing! what is the Kaupapa behind it! In whose interest? At a guess, its to show that they are doing something! The odds of them pacifying a few that they are concerned about is $1.01. for a couple it would be BADGE OF HONNOUR! if they are challenged!!! Odds on it would turn into a shit storm! and the old "Streisand Effect" would kick in! If would fall off the 'racing media' into the main media.... The Streisand effect is a phenomenon where attempts to suppress, censor, or hide information backfire, resulting in the unintentional, widespread publicization of that information, typically via the internet.
  4. reading this, it suggest that getting this generation doesn't and isn't going to have as much disposable income and as other previous generations! Double the average unemployment and $26,000 in debt. The triple-whammy crushing a generation’s wealth How high inflation numbers affect us VIDEO CREDIT: THREENEWS The labour statistics released this week painted a stark picture of how tough the economy has been for many New Zealanders. A total of 165,000 New Zealanders are currently unemployed, contributing to the highest unemployment rate recorded by Stats NZ in a decade (5.4%). Those overall statistics are stark, but the devil is always in the details when it comes to this type of data. The numbers showed that the unemployment rate for workers under 30 is 12.5, more than double the overall figure. That information is already concerning enough, but it can’t be viewed in isolation. IRD data shows a staggering 622,892 New Zealanders currently have a student loan, with the average burden sitting at $26,075. It takes a New Zealand-based worker approximately five years to clear that debt. Student loan debt has risen 37% since 2013, when the average loan was $19,076. As the cost of living and education increases, so too does the debt burden young people are carrying. This isn’t just about the current impact on young New Zealand workers, but what this could mean in the coming decades. We’re looking at a situation here where young New Zealanders have fewer work opportunities in an era of enormous technological change and greater debt as they start their lives, raising serious questions about the challenges they face in building wealth. In some ways, we’re asking them to play a tennis match every generation has played, but forcing them to start a set down against a robot that’s been shaped in the image of Roger Federer. The compound effect Mark Smith, a senior economist at ASB, says that while the prolonged recession has been tough on every generation, but we’ve seen younger generations more acutely affected. “The economy is currently 30,000 jobs shy of what it was in late 2023, and a sizeable chunk of at least three quarters of those job losses would be for those aged under 30,” he says. “It’s almost a forgotten generation out there.” ASB senior economist Mark Smith says young people have been hit hard. It’s easy to brush this aside and offer the stoic reminder that it’s always been tough (it has) and that they have time to bounce back (they do), but this overlooks the broader impact this will have on these people and the economy in the years to come. The longer it takes these workers to get real-world experience, the longer it takes them to become productive contributors to the economy. It’s often said that it takes a new employee around six to 12 months to reach full productivity, and it might even take longer for a worker learning the ropes for the first time. “The lack of opportunity will have the impact of potentially lowering the speed limit of the New Zealand economy because you have a cohort of people who’ve been out of the labour market and not had the chance to come through and pick up new skills.” In economic terms, this is called labour market scarring, and the impact stretches well beyond just one generation. It’s something every New Zealander should be concerned about. A shrinking education premium The trade-off with an expensive university education was that it gave you access to opportunities and career progression that wouldn’t have been possible without the years spent in tertiary education. Shamubeel Eaqub, the chief economist at Simplicity, tells me the rule still applies, but not in the way it once did. “The premium of having a degree is not as high as it used to be,” Eaqub says. “The wedge between somebody with a level 3 qualification and somebody with a bachelor’s degree is getting smaller over time, but the cost of the qualification is increasing,” he says. This issue is only accentuated when you add in the complexity of technology, making it more difficult for young people to get into the workplace in the first place. “Imagine the classic big law firm, where they have a few partners at the top and many young interns and young lawyers at the bottom in a pyramid model,” says Eaqub. “But with the advent of technology, we're likely to see far fewer young people at the bottom, so it becomes more cylindrical rather than pyramid." You’ll essentially have more people competing for a smaller number of jobs, which means many will face major delays in getting into the workforce. “That start in life is important. You learn something about how to work, how to be at work, and make choices about what kind of career you want. Fewer people will have those opportunities early on in their life.” Yes, they will eventually catch up, but the lost time means student debt lingers, savings stall, earning potential doesn’t increase and the buying a family home gets kicked further down the road. “The earlier those losses are, the bigger the cumulative deficits are,” says Equab, explaining that because wealth compounds over time, a late start can drag down an entire portfolio over a life time. So where does this leave young workers? Tim Fairbrother, a certified financial planner at Rival Wealth, has written an excellent column for Stuff explaining that a young a young person doesn’t need a finance degree or six-figure salary to start building solid foundations. His recommendation is for young people to develop good habits as early as possible to ensure they can better navigate their way through a world where wealth is built quite differently from what it was in earlier generations. At a time when work opportunities are less stable, Fairbrother says young people should be getting into the habit of building an emergency fund as early as they can. Good budgeting habits are tools you can carry with you through life. While the wait for a job can be painful, the idea is not to splurge when you do start to earn a salary. Contribute to KiwiSaver, save what you can and look to get on top of your debt as soon as you can. Fairbrother also encourages young people to gain an understanding of compound growth as early as possible. “If a 19-year-old saves $20 per week until age 65, with an 8% annual growth rate (compounded weekly), they will have saved $47,840. Yet with compounding interest, they will end up with approximately $452,011.73 by age 65.” But this all remains so contingent on the ability of young people to enter the work force in the first place. No silver bullet There is no simple solution to these issues. As the nature of work changes in the face of rapid technological development, competition for those first rungs on the career ladder will only become more fierce. The good news is that the tough times over the last 18 months are showing signs of easing. Growth is returning to the employment market and we are seeing a lift in job listings around the country. But economies are cyclical and there will be more tough times ahead, which will again hit our younger generations. This issue isn’t about older generations against younger generations. It’s a debate about productivity (how fast we get there) and the ability of New Zealanders to build wealth over the course of their working lives. As artificial intelligence really beds into society and further disrupts the employment market, we will need some bold, long-term thinking about how to ensure we keep our work force still has a clear path to prosperity. Relying on the advice of Elon Musk that we shouldn’t bother saving for retirement probably isn’t going to cut it. - Stuff
  5. If it was based (on so called rational economics...) Avondale's $$$ is appealing! But I presume doing that will create a massive shit storm!
  6. Based on the provided text, here is a summary and an analysis of the writer's perceived personality, style, and intellect. Summary of the Article The writer criticizes two figures in New Zealand racing (nicknamed "Ralphy" and "Dummy") for their longstanding refusal to give media interviews, despite being fined for it in the past. They accuse them of freeloading off the industry. The writer contrasts this with major professional sports leagues (NRL, AFL, NBA), where refusing media commitments leads to severe penalties. The core argument is that NZ Thoroughbred Racing (NZTR) should adopt similar compulsory interview rules to align with the "real sporting world." Analysis of the Writer's Personality Confrontational & Blunt: They do not mince words, using terms like "corrupt," "freeloading," and "sulky bottom lips." Frustrated & Impatient: There's a clear sense of exasperation over a situation that has lasted "over 10 years." Cynical & Disdainful: They view the subjects as having an entitled mindset ("thinking the world owes them a living"). Authoritarian: Believes in strict, enforceable rules to compel compliance, showing little sympathy for the individuals' perspectives. Analysis of the Writer's Style Informal & Colloquial: The style is more akin to a rant or a passionate social media post than formal journalism. It uses nicknames ("Ralphy," "Dummy"), slang ("get in the real world boys"), and fragmented sentences. Provocative: Language is chosen to provoke a reaction and express strong disapproval (e.g., "most corrupt person," "freeloading"). Comparitive: Builds its argument by drawing a direct contrast to the policies of major, successful sports leagues. Repetitive for Emphasis: The phrase "real world" is used three times to hammer home the central point about adopting mainstream standards. Analysis of the Writer's Intellect Practical & Worldly: The argument is grounded in a practical observation of how other major sports organizations operate. The intellect here is applied, not theoretical. Industry-Knowledgeable: They assume reader familiarity with a decade-old scandal and niche figures, suggesting deep involvement in or following of the NZ racing industry. Persuasive in a Direct Manner: While not academic, the writer uses a clear, cause-and-effect structure: Other sports punish this behavior, so should we. The intellect is focused on efficacy and precedent rather than nuance. Lacks Nuance/Emotional Intelligence: The style prioritizes forceful argument over balanced analysis. There is no exploration of why the figures refuse interviews or consideration of potential complexities, which a more detached intellectual analysis might include. Overall Impression: The writer comes across as a seasoned, frustrated insider in the racing industry. Their style is aggressively opinionated, their intellect is practical and precedent-driven, and their primary goal is to effect change by shaming individuals and the governing body into adopting stricter, more conventional policies.
  7. x 1000% But I *Know* that is never going to happen except for the odd meeting.... it can't happen because there is no strategy in play to do that properly! then you have the Directors ( who I admire technically), but they don't know how to set cameras in decent places! as in seeing the arse end of a horse heading into the distance.. I could rave on for a while on that subject!
  8. pardon! ps, I have one simple word for a couple of the cretins! UTU!
  9. What a grouch looking horse his was when he was at his peak!!! Pouncing around the parading ring like The Boss! Then went out and done the same on the track!!! a real racing Monster! a sad demise.
  10. as in getting to the root cause of any issue!
  11. excuses! na. you mention workplace, racing riding and the lifestyle that goes with it if very challenging! yip, dumb is dumb, but! move on....
  12. I believe the Racing/gambling Industry is in a big Battle with the Real-estate Industry for that sort of thing! God speed my saying good bye to it all!!! they are welcome to themselves!!!
  13. AI Overview This adage highlights the dual nature of gossip, acting as both a destructive force and a tool for gathering valuable, actionable, or strategic information . While it is often dismissed as a character flaw, modern research in psychology and neuroscience views gossip as a complex, "sophisticated" cognitive tool for social navigation. Why Gossip is Considered "Intelligence" Social Mapping: Gossip acts as an, often unconscious, mechanism for people to build mental maps of their social network, allowing them to predict how information travels and minimize social risk. Information Gathering: It serves as a method to learn about social norms, reputation, and the behavior of others without needing direct interaction, essential for social survival. Group Cohesion: In workplace or social settings, it can boost morale and help newcomers understand acceptable behavior, acting as a form of social bonding and regulation. Understanding Character: It provides insight into the character and, in some cases, hidden motives of others. The Risks and Drawbacks Reputation Damage: It can be malicious, aimed at tearing down reputations, and spreading misinformation. Indicator of Untrustworthiness: Frequent gossiping can reflect a lack of emotional intelligence, insecurity, or a tendency toward envy and a need to feel superior. Erosion of Trust: It can create a toxic environment and cause people to feel unsafe or judged. Key Takeaways It's a Social Tool: Rather than just a negative activity, it is a tool for managing social relationships and reputations. Context Matters: The motive (e.g., to connect vs. to cause harm) and the truthfulness of the gossip determine whether it acts as constructive "intelligence" or destructive rumor. Reflects the Gossiper: The act of gossiping often reveals more about the speaker's insecurity or desire for validation than the subject.
  14. I say, enjoying racing? I be all keen, meeting to go to on Saturday! some interesting fields! weather looks 'ok'.
  15. I agree, social lubricant! if given and used in good taste! with decorum! One person gossip is another's intelligence!
  16. so far his cunning has negated being Hit with Libel.. also, a vulgar as it may seem, he has 'put a lot into the Industry', pays his bills! has his say! I wonder where, the policing will be around, those real Nasty ^punters*, that hide behind a alas, and ATTACK especially jockeys, especially woman jockey!!! often on facebook and instagram.. usually turn out to be rather bitter males
  17. especially so 'knowing' his background! his style! or course, other factors were at play...
  18. YES Especially if you are rich entitled fella, a litigative sort! who wants to feel vindicated by putting up a fight! I'm sure most Barristers$ would be happy to take action on their behaves! yee ha!
  19. yes sir! I have a story along those lines! of outspoken harness trainer, (+100 wins) passed tests previously! got asked for another, after a slightly heated verbal clash! with 'mr stipe koont',... other than pain killers from shoeing thousands of horses! he has always been near tea tootler!!! sigh
  20. oui!!! last meeting, I walked 7.7ks, back and forth, don't mention the 18 times trying before managing to get onto the course wifi!!!!!! (with thanks to Mrs!!!).. did I mention the fat fingers! fecking GLARE!!!!! sigh.. back on track on Saturday, 1st time in a long long time that I actually have a couple of betting options!! cash is the plan! and I expect to be paid out in the same form!
  21. I presume that one of the every day topics @HeadOffice, around the coffee machine is "Did you see what X said on x social media" , enough of that sort of thing can then generate its oh heat! Flashing the Current Available Punishment is worth trying!!! Show those trouble makers you MEAN (purrr) Business! A pro active approach! (something this Industry is not known for,,,) would be to monitor the active sites/groups, Note what simple factual information is being misrepresented! Politely provide the correct facts etc. For the 'rabid voices', they are actually very easy to deal with, case by case! Often leaking them some juicy false info can bred some internet fun!
  22. Either or, someone should frame a book!
  23. So if one makes the effort to get on course then fuck you? <--- yes I can 'attempt' to use my phone to do so! but the fecking thing isn't friendly contrast etc wise!
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