Satyajit Das; Is the Aussie Dream Over?

Discussion in 'YouTube Digest' started by Clawhammer, May 8, 2014.

  1. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=3K2m7NnO7iY[/youtube]
     
    Clawhammer, May 8, 2014
    #1
  2. aleks

    aleks Well-Known Member Silver Stacker

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    He will be the next QandA, monday 12th of may
     
    aleks, May 8, 2014
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  3. errol43

    errol43 New Member Silver Stacker

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    What a great night of insight that will be. :D

    Regards Errol 43
     
    errol43, May 8, 2014
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  4. aleks

    aleks Well-Known Member Silver Stacker

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    May 13 is the budget, and they have some no names from liberal/labour on the pannel...
     
    aleks, May 8, 2014
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  5. finicky

    finicky Well-Known Member Silver Stacker

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    Satyajit Das - what an annoying migrant
     
    finicky, May 8, 2014
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  6. boneyard

    boneyard Well-Known Member Silver Stacker

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    Finally got to watch this.

    Time well spent.

    Thanks cfor posting.

    Great food for thought.
     
    boneyard, May 10, 2014
    #6
  7. robertc400

    robertc400 Well-Known Member Silver Stacker

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    Boneyard, Can you give us a summery?
     
    robertc400, May 11, 2014
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  8. boneyard

    boneyard Well-Known Member Silver Stacker

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    Become a plumber.

    Because everything is being outsourced.
     
    boneyard, May 11, 2014
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  9. Old Codger

    Old Codger Active Member Silver Stacker

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    We all know what is in front of us, Das just repeated what we have read and watched 100 times over the past 5 years.

    The ONLY ones that will survive are the ones who are preparing NOW!

    That is why we are stacking.

    JMO


    OC
     
    Old Codger, May 11, 2014
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  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Watching it now and just got to the plumber bit. I agree with him 100% and would give the same advice.

    Additionally, being a tradie with your own business in Australia also has significant tax advantages over a PAYG employee.
     
    SpacePete, May 11, 2014
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  11. Old Codger

    Old Codger Active Member Silver Stacker

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    Trouble is we do not need 2 million plumbers.
     
    Old Codger, May 11, 2014
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  12. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    I dunno, if we keep selling off Australian property to the rest of the world, we can keep building and building and building. With a bit of effort we can have the place looking like a Mumbai slum in no time... wall to wall humans all demanding their bit.
     
    SpacePete, May 11, 2014
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  13. aleks

    aleks Well-Known Member Silver Stacker

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    He could be slightly off with the builders as well if 3D printed homes become a relatilty sooner than we think, but there will always be vested interests which will oppose new technology.
     
    aleks, May 11, 2014
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  14. Old Codger

    Old Codger Active Member Silver Stacker

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    I think his comment that we are going to 'downsize' our expectations and standard of living are certainly inevitable.

    A TV etc in every room, a 600 litre fridge and 3 cars is simply not sensible, especially in a first home.

    OC
     
    Old Codger, May 11, 2014
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  15. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Well shit, that was depressing.
     
    SpacePete, May 11, 2014
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  16. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    True... but will it take you by surprise now? Can you now prepare emotionally?
    A mentor of mine once told me the 1st rule of Management is # No Surprises #
    I was coming to him with bad news all the time and apologised for warning him of impending failures etc.
    He said we can't stop bad things from happening, but we CAN stop them being surprises and taking us off guard.
    The more warning we have, the more able we are to prepare to meet these challenges head-on... or dodge them.

    Here's another great Martenson vid.

    [youtube]http://www.youtube.com/watch?v=lu_OaKxIEZw[/youtube]
     
    Clawhammer, May 11, 2014
    #16

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