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15 Jan, 4 tweets, 2 min read
Best news of 2020 was Covid isn't dangerous to children, after panic that the young could be vulnerable. None of the miserable Covid fearmongers actually celebrated this fact. They just pivoted to new fear campaigns and pretended that children were still risk vectors. Nuts.
Children are the bright light of Covid. Closing schools or masking children all day at school and pumping them full of Covid fear is a macabre type of abuse by a generation of cowardly adults.

And we've known children are ultra low risk from very early on.


Bureaucracies can't solve complex problems.
In SA we have ±100 'Covid deaths' (PCR+) for ppl 10-19yrs old in 1st year. 0.15% of all such deaths. 100 in a population of 10.5 million, or around 0.9% of all 0-19yr old deaths, or ±1/10th of 0-19yr old flu, pneumonia, and TB deaths. This should not elicit fear, but relief. Image

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More from @RussLamberti

Russell Lamberti Profile picture
30 Aug 20
Last night, a peaceful couple was executed in cold blood on their farm near Newcastle KZN, with no apparent motive other than some form of sick terrorism. Criminologically, this can't be likened to (also horrendous) township violence. Different problem.

southafricatoday.net/south-africa-n…
My work on this problem so far leads me to the tentative conclusion that on avg male farmers are murdered at a similar rate to the avg SAfrican male. This is often taken to mean that farm murders are not a uniquely bad problem, but I think it supports the opposite conclusion.
Firstly, male commercial farmers are not the average SAfrican male. They are middle-to-high income earners, living in extremely low-density, formal & secure houses. They are also considerably older than the avg male, roughly twice the age. Any criminologist would tell you that...
Read 17 tweets
Russell Lamberti Profile picture
29 Jul 20
Putting highly sensitive, unproven assumptions into models with hundreds/thousands of lines of opaque code spitting out numbers that get handed to bureaucrats to tell tens of millions of people how to live is not how any of this is supposed to work
The epistemological and political philosophy failure that this entire chain of policy formation entails represents what's wrong in most other areas of public policy. This technocratic authoritarianism remains THE barrier to progress in C21st, thrusting us toward impoverishment.
The fact that 'the models' were hopelessly wrong irks me far less than the fact they were used to devise a course of action that violated human agency in the most egregious and unconscionable fashion. That's where the real shame lies, not with play-play spreadsheets.
Read 7 tweets
Russell Lamberti Profile picture
14 Apr 20
As the chattering classes fawn over the president's "stunning and brave" lockdown leadership, the truth, as always, alludes them. Lockdown reveals a weak, unimaginative, detached, reckless, weather vane leader. 1/n
1. The state doesn't have the capacity to enforce lockdown or deal with its resultant chaos. The president made one of the most fundamental strategy errors - committing his govt beyond its logistical capabilities.
2. Expecting the poorest SAns to endure lockdown itself and the
resulting economic fall-out reveals detachment from reality, far too ensconced in palace affairs and nursing the patronage networks of his elite circle to realise how unpopular his plan is with the masses.
3. Applying a one-size-fits-all plan for 60 mil ppl shows the president
Read 8 tweets
Russell Lamberti Profile picture
19 Dec 19
All JSE Alsi real total returns (real $) since 1994 occurred in just 5 years: 2002-2007. Outside of that period (1994-2002 & 2007-2019), real $ Alsi delivered - 0.9%/year.
2002-2007 Alsi real $ gains came on the back of a commodity boom, global debt binge, and rapid domestic capital consumption to fund rampant household consumption. The company carnage on the JSE is testament to a very widespread destruction of wealth.
Also wouldn't underestimate how leveraged BEE financial engineering on a mountain of easy money from '03/04 goosed the SA stock market. Doesn't mean wealth wasn't created during this period, only that it was simultaneously destroyed elsewhere. Go see the carnage in small-town SA.
Read 5 tweets
Russell Lamberti Profile picture
12 Dec 19
The ANC took reins in '94
Those cadres were commies to the core
Marx was exhumed
Wealth was consumed
And now the whole place is done for
SAA turned off the flights
Eskom turned off the lights
Cadre deployment
For crony enjoyment
This is when reality bites
They thought BEE was a slam dunk
But it was really just pure bunk
Tenderpreneurs
Shameless flaneurs
An economy downgraded to junk
Read 8 tweets
Russell Lamberti Profile picture
28 Nov 19
Sad seeing the Steers burger shrivel up into almost nothing. Latest trick is the oversized bun with the afterthought patty hidden somewhere inside. It has to pretend inflation averaged 6% for the past 20yrs and it will butcher that patty until it confesses.
If you compare the price of a Steers burger 20 years ago to its less impressive descendent now, it more or less fits the official CPI inflation story (~6%). If you compare it to a decent quality burger today, more like 9% annual.
The common response to this is that falling quality products are offset by rising quality products, making the CPI avg essentially/roughly accurate. But the point of broad technological progress *should* be to cause things like burgers to improve while getting *more* affordable.
Read 6 tweets

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