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183
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2 yr. ago

  • I am perhaps naively hopeful that the education curriculum has evolved since you were at school, although quite likely not. The genocide part is not a palatable discussion to most people and probably a little heavy for high school.

    The British knew full-well what they were doing. The legal maneuvering necessary to dispossess the indigenous population is not unique to Australia's colonial history - and the British had plenty of practice subjugating more aggressive native populations before they founded Sydney.

    You're quite right - the Dutch, and to a lesser extent the French were already aware of the Australian continent and must have made some contact with Aboriginal people. There were also informal outposts of whalers and seal-hunters that were probably established to some extent several years before British occupation.

    There were many aboriginal people living on the continent when Cook and Banks dropped anchor in Sydney. The earliest accounts usually mention seeing smoke from campfires all along the coast. Most of the initial deaths were from disease. The British took smallpox cultures to Sydney with the first fleet in 1788 - within a year of their arrival in Sydney, disease killed between 50 and 90 percent of the indigenous population. Whether the British deliberately introduced smallpox to the aboriginal population is still debated, although I don't know why else they would carry smallpox cultures on the first fleet - maybe they already knew how to vaccinate with it - but I would think you could get the cultures from an infected person were that the case. What other reason for carrying smallpox to Australia on the first fleet could there be, unless it was a biological weapon?

    https://www.nma.gov.au/defining-moments/resources/smallpox-epidemic

    In Van Diemen's Land (now Tasmania) the resistance to the settlers moving in on aboriginal hunting grounds became so troublesome that the government set up a program to capture or exterminate all native people in 1830 - by which time the Aboriginal population had already been reduced by 90 percent since settlement - the remaining few thousand aboriginal people were extremely hostile to the encroaching settlements and they were raiding and burning houses, killing settlers.

    https://www.nma.gov.au/defining-moments/resources/the-black-line

    As in all conflicts, there are nuances and factors that we can't fully appreciate or empathize with from our current perspective, but what happened to the Aboriginal population during Australia's settlement should be a cause for national introspection - this makes the referendum result last week seem so disappointing to those who would like to see a more open acknowledgement of the darker history of Australia's founding - and greater efforts made to redress it.

  • Sorry for the misunderstanding, I didn't say anything like that - go easy on those quote marks ;) - I'm just talking about Australian history, not the current events. I am cautious discussing history in this contentious thread because I'm really just interested in the discussion about indigenous Australians, who did resist occupation, to the extent they could. The colonial response to that became "The Frontier Wars". Which was quasi-official genocide.

    There are parallels in colonization throughout history, of course, which is presumably how this particular discussion came about, but today's situation is obviously a vastly different time and place to early Australia and I'm not informed enough to opine on what's happening now. I'm just here reading stuff on Lemmy.

    Having said all this, indigenous Australians were living for thousands of years without any formalized state, political or military structure. No metal, wheels, writing or permanent dwellings. Had there been less difference in technology and logistical capabilities between aboriginal Australians and the British in the early 1800s, then Australia would probably look very different than it does today.

  • For the first years of Australia's colonization, there was militant Aboriginal resistance - of course, given their technological disadvantages, it was not successful and the indigenous population were slaughtered at every turn.

    The most well-known and feared of the early insurrectionists - a Bidjigal man named Pemulwuy - is today celebrated by white Australian culture - one of Sydney's suburbs is named for him. The British were somewhat less charitable in 1802, when he was finally captured, shot and beheaded after many years of fighting against their presence in early Sydney.

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

    https://www.nma.gov.au/defining-moments/resources/pemulwuy

  • You have a fair bit of room inside that plug, you can't really go wrong unless you let stuff overheat. see if you can get a little solder on the top of the plug joint, then a little on the wire - then hold them together and apply the iron for 3-4 seconds. Assuming the iron is hot enough, that should be enough to melt them together. It's intimidating at first, just take your time. it only takes a few seconds to get things hot enough to melt the solder, so don't leave the iron on anything longer than about 5 seconds - once the solder starts to run, remove the heat and it will fuse as it cools. try to stay away from the plastic housing, obviously - but it wont matter if you accidentally touch the iron to the plastic - the only way you can screw this up is to get the pin too hot so that it melts the plastic housing - you would have to leave the iron on it for longer than 5 seconds for that to happen. look at the other joint. You're trying to get it to look like that. It looks doable.

  • it's hard to make out the photo solder flows towards the heat. Get a little solder onto each surface that you need to join, put it together and briefly touch them together before letting the solder fuse. You just need a solid connection electrically - soldering isn't welding! So just a little solder, don't go crazy, keep a cloth on hand to wipe off any excess solder. It will be a lot easier if you have some way to hold it in place while you solder - alligator clips are good for this. Tin the iron with solder, get it nice and hot then drop a little on each end, put together and apply the iron to fuse them while they are held in place - you can use your fingers to hold it for about 10 seconds while it cools but the wire will get hot, so keep fingers back from the connection point.

  • All good. I think it's funny. Another stupid thing that Melbourne and Sydney evidently can't agree on. At least they both start with "P". It's a small miracle that they don't have different letters on the plates and make them change at the border.

  • Interesting. Thank you for the very enlightening info. So the local government is providing interest-free loans to developers for BFR projects, when prevailing rates are over 5 percent?

    If the scope of BFR subsidization is as large as indicated then it's probably buoying the housing market. A quick search found this glowing report on the BFR "boom".

    https://rei-ink.com/the-build-for-rent-evolution/

    Real estate developers getting free government loans from public treasuries. What could possibly go wrong?

  • Yes, there is finite supply and ever-growing demand, however the price of real estate ultimately reflects both the buyer and lender's confidence that the mortgage payment will be met. This can be affected not only by interest rates but by labor market conditions and other factors.

    If there is a sudden surge in interest rates in response to some kind of inflationary shock, or the credit market becomes suddenly much more restrictive in terms of lending standards, then housing prices will most certainly fall, simply because the pool of potential buyers at a given price level is smaller.

    When pressures on the housing market are coupled with leveraged loans on variable rates going upside down, people will begin dumping their real estate investments. These factors compound to cause a sharp reduction in price. In 2007-8 metro home prices declined up to 50% from their earlier peaks - but seem to have increased about 200% since the bottom, roughly, to where they are today That's quite a considerable appreciation and seems unlikely to be sustained. Maybe I'm wrong - we're just shooting the shit on Lemmy - but looking at what's happened before, real estate seems overheated - but it may well keep on boiling for all I know.

  • Practically all housing development is financed with borrowed money against the property. Given the build-to rent model, the party at the end of the cashflow stream relies on rent checks being paid every month to remain solvent. When the rents stop being collected, at some critical point, some loan that is reliant upon that rental stream will default. When that happens, the properties are called in by the borrower and auctioned off at foreclosure.

    Now yes, the major lenders, developers and speculators will spread their risk as much as possible by diversifying their portfolios and try not to be caught short by a problem in any specific market. But when there is a some kind of macroeconomic shock, ALL the markets will suddenly contract and be flooded with foreclosed properties and other rapidly depreciating assets. That's more-or-less what happened in 2007. Massive liquidity injections and historically low interest rates supposedly saved us from a prolonged financial catastrophe then - but there were still a LOT of foreclosures. I also think we are still seeing that situation playing out today. Current housing markets are unsustainable in a climate of higher interest rates. This will all come crashing down, probably sooner than most people expect. When it happens, it happens fast - and of course the reasons will seem obvious with hindsight.

    By the way, perhaps you're being ironic - "This time is different" is the defining catchphrase when looking at historical financial crashes: https://www.economist.com/media/pdf/this-time-is-different-reinhart-e.pdf

  • Real estate will crash, eventually. Hard to predict exactly when and why, but if history is any guide, a market crash eventually is practically inevitable. It could conceivably happen relatively quickly for any number of reasons, but crash it will.

    That doesn't necessarily mean it will become readily affordable - when real estate goes south, a lot of other stuff will be crashing with it. History books are full of monumental calamity. There's no reason to expect that to change.