Discussion in 'Current Affairs' started by willrocks, May 13, 2020.
I think that's already starting to happen in all western countries.
Nice fall-back line.... but this thing is not a cycle.
Explain how Aust. will cycle out of our current internationally uncompetitive wages + minimum wage?
I've update my comment Now says.
As china becomes richer their production cost will increase (as is already happening) Also our government will do what China's government has been doing for a long time and subsidise cost of production. So even though our wage might be higher, inflation will increase and will have the same effect as reducing wages.
There is more then one way to skin a cat.
And neither of us are surprised are we? Thanks for posting that video months ago Warren Mosler v Robert Murphy, it's what got me started on this understanding of MMT. Now I have ethical problems with the concept of the State and an issuer of a monopoly fiat currency, but I've tried to prepare myself and my family to at least hopefully profit from this ridiculousness.
I'm feeling much happier now that you're no longer the Australian consumer's spokesperson.
There's enough of them already on FB.
There are plenty of other countries waiting in line.
Sorry mate, I don't believe that for one second.
Strap in Millennials, The smashed Avocado cycle is over. This is the end of an 80 year Fourth Turning and right on schedule 80 years after WWII began the next period of worldwide instability arrived. Along with the predicted "Grey Champion" US president who arrived from out of nowhere following the cycles of Lincoln and Truman.
Chinese fintech giant Tencent buys 5% stake in Afterpay
Chinese fintech giant Tencent Holdings has shelled out approximately $300 million to purchase a 5% stake in Australian buy now, pay later company Afterpay (ASX: APT).
Believe it or not, it's already started.
They have plenty more cash for shares now since they're not taking Aussie beef
here's an interesting documentary about the tomato puree industry-
When they stop buyimg our gold and baby formula then I'll believe they are serious.
As if they would stop buying Australian Gold.
But we should stop selling Australian Gold to China by about 80%.
the best comment Ive read all day, lol ahaha
The CCP's long game of course is to launch a military takeover of Australia, New Zealand and Antarctica and just take the gold and everything else. They regard Australia as a gigantic resource with no-one living there (Australia's population is a little less than that of Shanghai) and once they have the mineral resources and land and fishing grounds here along with most of Antarctica they will have an empire more powerful than any that the world has ever seen and will control most of the Southern hemisphere.
They're certainly very clever.
They'll probably take over without firing a shot.
We have no arms.
And just short of 3 weeks strategic fuel reserves. All China has to do is to stop the tankers coming from singapore for a few weeks and we are Mad Max. The ALP and unions made sure that they earned their money from Beijing and got rid of Australia's last oil refineries and also started removing Australia's electricity generation capability. Don't even mention the Greens - They are the Australian branch of the Communist party.
We have a secret weapon, Bogans! They will be our front line.
Separate names with a comma.