@_Simon_Ki
iAccount based inNew Zealand
About this account
- Account based in
- New Zealand
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Account-level information from X, not a live location or the device used for a specific post.
I'm here to learn what's going on.
Joined December 2012
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Simon Manning retweeted
"Property doubles every 10 years"
This weekend marks 10 years since we bought our property 7km from Melbourne CBD.
Full dwelling..not a town house or villa.
Purchase price $690,000 in 2016
Sold in 2024.
Today Realestate estimates it at $810,000
Thats 17% in 10 years.
Out deposit was $150,000
$120,000 gross profit over $150,000 = 80% in 10 years.
Minus the stamp duty, land tax, council rates, maintenance, agent fees, leasing, mortgage.
The property made a net gain of $20,000 when we sold in 2024.
Fast forward today, we would get LESS than what we sold for.
Inflation adjusted, it performed worse than a treasury bond.
The money supply doubled in 10 years, the property did not.
Simon Manning retweeted
Every doomsday scenario predicted in my life has been spectacularly wrong.
Great Barrier Reef: Last five years best on record
Why doesn't the media tell you?
aims.gov.au/monitoring-great…
You can see all the references in my Twitter thread:
nitter.cf/BjornLomborg/status/20…
Simon Manning retweeted
High migration from poor countries has been associated with low productivity growth in Australia, just like Germany and Canada
The time to decentralize is upon us!
Decentralization is the only political structure that actually disciplines government, and Switzerland's canton system proves it with 700 years of evidence.
Twenty-six cantons compete for residents and businesses. Appenzell Innerrhoden runs differently from Zurich, which runs differently from Geneva. When Basel raises taxes past the tolerance of its engineers and entrepreneurs, those people move to Zug, which has kept its corporate tax rate under 12%. Basel loses the revenue. The lesson writes itself.
Centralization is the villain. Every time a federal authority absorbs a decision that cantons once made, you lose the price signal. You lose the experiment. You lose the exit option. Brussels crushes this mechanism across the EU, which is why French farmers and German industrialists both scream at the same unresponsive bureaucracy with nowhere to go.
Competition between governments constrains Leviathan the way competition between businesses constrains monopoly pricing. Strip away that competition and governments do exactly what monopolists always do: extract maximum value from captive subjects while delivering minimum service.
The canton system works because it keeps power close to the people funding it and gives those people somewhere else to go.
Take power and responsibility out of the hands of bureaucrats thousands of kilometers away. Localize it to within manageable sections, and watch your area flourish.
Simon Manning retweeted
Elon Musk just made a call that's impossible to ignore:
"AI will grow the global economy by 20 to 30%, around 20 to 30 trillion dollars a year.
Within 12 to 18 months, AI will be so good at everything digital that no human can compete, it will just crush all of us at it.
In less than 10 years we will have over a billion humanoid robots, each 5x more productive than a human. That alone would out-produce every human on earth combined."
Just think about what happens to ordinary workers and the jobs that still exist today.
We have a couple of years left before AI moves into most professions and replaces a lot of us.
Learning AI and staying adaptable is the most important skill anyone can have right now.
That's exactly why i wrote the guide below on the AI features 99% of users have no idea exist, useful for both beginners and pros.
Simon Manning retweeted
I'd much prefer to be made an Archduke
Archduke Cleese of Weston-super-Mare has a ring about it
Simon Manning retweeted
AI is insanely deflationary.
Simon Manning retweeted
🚨NEW: @JTLonsdale & @SquawkCNBC clash on AI and wealth inequality.
Joe Lonsdale: 2030s is the disinflation decade... we're all going to be really wealthy if we don't break this.
Joe Kernen: Everybody's going to get wealthier? Because only the wealthy have been getting wealthier...
Joe Lonsdale: That's not true. Let's go back: 1870 to 1900, the Second Industrial Revolution, the last time productivity shot up a lot, the average American, the average working class American, was twice as wealthy in real terms within one generation...
Andrew Ross Sorkin: Tell me where you land on "We've got to slow everything down, because if we don't, we could end up dying...
Joe Kernen: or worse...
Joe Lonsdale: or worse, the companies go bankrupt
Andrew: versus we've got to go full steam ahead. No matter what. No matter what the case.
Joe Lonsdale: I love the meme where it's Dario and Sam saying, please regulate us. And Trump says, keep building, nerds.
These companies have a lot of liabilities. These companies need to slow down if they see themselves causing damage. I'm not worried about any existential risks in the near term. I 100% could see these companies accidentally causing some problems with hacking with cyber, for example.
They have a responsibility to slow down themselves, and we should be holding them liable if they cause any damage. And so it makes sense that they would be very careful about that. But we were just talking...
2030s is disinflation decade. We're going to all be really wealthy if we don't break this. So don't slow down too much is my view.
Joe Kernen: Go back to this again. You told me that 2030s are going to be the decade of disinflation. We're going to all get rich, and we're not going to need to raise taxes, and we're going to start growing faster. The deficit will come under control. This is going to happen?
Joe Lonsdale: The AI is really good for rooting out fraud and grift in the government. It's really going to bring down health care costs dramatically. It's amazing for bringing back manufacturing. We have companies already bringing back lots of manufacturing here. That's only about to accelerate.
We're at what's called a GPT-3 moment right now for robotics, right. World models, which are a new type of AI -- how do things move and interact in the real world in general terms...
Joe Kernen: So this will help one of our most daunting fears of the $40 trillion and the out of control deficits we're running now, this will come under control from AI?
Joe Lonsdale: If you get productivity up to 3, 4 or 5%, what you 100% should be able to do with these things, if not significantly higher, that solves the deficit problem.
This is an amazing thing for a civilization; this is the answer is to get growth higher, and it's how everyone gets wealthier, it's doing more with less. It's going to do it.
Joe Kernen: Everybody's going to get wealthier? Because only the wealthy have been getting wealthier...
Joe Lonsdale: That's not true. Let's go back: 1870 to1900, the Second Industrial Revolution, the last time productivity shot up a lot, the average American, the average working class American, was twice as wealthy in real terms within one generation.
And that's what happens when productivity goes up. Everyone gets wealthier. We we teach economics very poorly in this country.
Simon Manning retweeted
I stand with @JohnCleese.
Simon Manning retweeted
I don't give a F*CK if you have $1,000, $10,000, or even $100,000 in your portfolio, SPACE stocks are going to make people generational WEALTH this year.
Here are 5 stocks with 10x potential:
1. $SPCX
True
Globalism was sold with a promise of prosperity. In reality, it was the greatest redistribution of wealth in human history.
Globalism meant Western factories closed, borders opened, and jobs relocated to wherever it was cheaper and convenient. The industrial worker in Vienna, the Ruhr region, or Ohio became unemployed or was pushed into low-wage service sector work.
At the same time, profits ballooned for the middlemen who produce nothing. Financial conglomerates, importers, logistics giants, tech platforms, and consultants have pocketed the margin between cheap production in Asia and expensive sales in the West.
The result is a super-rich global elite and a left-behind, indebted proletariat. The middle class—the backbone of every free society—was crushed. This represents the greatest surge in inequality in a century. Without globalism, China would never have risen.
The West gave China everything, including its 2001 admission to the WTO, even though China lacked a true market economy or rule-of-law system. It was a voluntary technology transfer: anyone who wanted to produce in China was forced to hand over their intellectual property.
The West looked the other way on forced labor, state subsidies, currency manipulation, and technology theft. Capital on a scale of trillions of dollars has been pumped directly into China.
The West dismantled its own industrial base and rebuilt it in China. The West financed a totalitarian surveillance state that now uses Western money to rearm, buy up strategic ports, monopolise raw materials, and exercise leverage over us.
China did not rise despite the West, but because the globalist West built it that way. Short-term profit was prioritised over national security, industrial sovereignty, and local workforce stability.
A rootless, stateless elite in New York, Brussels, Berlin, and Shanghai feels at home everywhere and takes responsibility nowhere. In its wake are stranded communities, stripped of industry and upward mobility, entirely dependent on supply chains controlled by a foreign power.
This was no mistake. It is how the system was designed to work.
Simon Manning retweeted
Our homepage has a new look.
BHIAR’s new Video Hero brings together three scenes: our founder-scientist Bilu Huang reading and reflecting at our Sanming Research Base, an aerial view of Victoria Harbour, and sunlight filtering through the trees.
From first principles, toward a deeper understanding of aging.
aging.biluhuang.org/
Simon Manning retweeted
Proud to see BHIAR’s digital presence continue to evolve into a more authentic reflection of who we are and where we are going. Many thanks to our team for bringing this new homepage experience to life.
Our homepage has a new look.
BHIAR’s new Video Hero brings together three scenes: our founder-scientist Bilu Huang reading and reflecting at our Sanming Research Base, an aerial view of Victoria Harbour, and sunlight filtering through the trees.
From first principles, toward a deeper understanding of aging.
aging.biluhuang.org/
Simon Manning retweeted
This weekend we announced the first part of a plan for a directional change of the health system and to ‘Make NZ Healthy”.
No one will disagree that we have a crisis in our health system. Over the past three years we have been listening to kiwis, public health experts, doctors, and scientists.
We have an epidemic of chronic illness impacting the lives of one million kiwis, overwhelming our hospitals, and putting unsustainable pressure on our economy.
It’s time for new thinking with a bold shift from treating illness to preventing it. Other parties’ solution is to announce more spending on medicines and treatment, rather than properly investigate, research, and fund preventions of the causes and alternate healthy lifestyle solutions.
New Zealand is currently spending $33 billion a year on health and nearly all of it is spent treating people after they are sick.
New Zealand’s own research shows that 59% of health spending is spent on treating chronic diseases like diabetes and heart disease, the very illnesses that can largely be prevented - only 1.75% is spent on preventing them in the first place.
That’s not a health system. That is an ambulance at the bottom of the cliff, and New Zealanders are paying for the ambulance.
Spending more in a Health Budget on the ever-increasing market for drugs will never be enough. We need to solve the underlying reasons for the increasing number of chronic illnesses our strained system is now treating.
New Zealand First will shift the focus of healthcare from treating illness to preventing it. By supporting healthier lifestyles, early intervention and stronger communities, we can keep New Zealanders healthier, reduce pressure on hospitals, and build a more sustainable health system.
Having funding for medicines is an essential part of the health system but should not be the goal nor seen as the solution – it will only ever manage the decline of our country’s health.
A small portion of what we currently spend treating disease could fund serious research into whether nutritional interventions can help prevent diseases.
If it reduces diabetes, cardiovascular disease, mental illness, infection or hospital admissions by even a modest amount, the return will dwarf the investment.
That is what prevention should mean.
We spend billions treating sickness need to invest in finding out how much sickness we can prevent.
New Zealand First will:
1. Put prevention back at the heart of healthcare.
2. Have a strong focus on metabolic health, the key driver of chronic illness.
3. Ensure that informed consent is a core part of quality healthcare.
4. Recognise that consumer choice is what leads to healthier decisions.
5. Promote nutrition from primary school to medical school.
6. Require a full independent review of our dietary guidelines.
7. Reduce administrative burden and restore professional autonomy in General Practice.
8. Support our GPs by bringing health coaches into primary care.
9. Find better ways to acknowledge our nurses.
10. Fund our New Zealand scientists to assess nutritional interventions for preventing and treating mental illness.
11. Remove Medsafe/Pharmac barriers to recognised safe nutrients.
12. Invest in hospital trials to assess the effectiveness of intravenous vitamin C pre- and post-surgery for preventing and treating infections.
13. Fund a review of vitamin D and determine optimal levels for maintaining health.
14. Support farmers and growers by investing in agricultural innovation that improves productivity, soil health, sustainability and resilience while researching practical alternatives to potentially harmful agricultural sprays.
15. Back our organic producers, cut unnecessary barriers, encourage investment and innovation, and grow new markets so New Zealand’s organic industry can create more jobs, strengthen regional communities, and deliver greater value from our land.
We need a serious direction change of what our health system does and how it is funded.
Simon Manning retweeted
A collapsing birth rate is not a green light for more migration. It’s an indictment of the country you’ve created.
Young Australians aren’t having kids because housing is wrecked and the cost of living is brutal.
Your answer is to import more people, drive rents higher, jam hospitals and schools, and call it a plan.
Migrants age too. This isn’t a fix. It’s a treadmill that never stops.
Stop replacing the population. Start making it possible for Australians to have families.