gasman
Senior Member
Posts: 466 
Likes: 607
|
Post by gasman on Jul 22, 2017 8:54:50 GMT 10
... Australia is in trouble, where I work now, out of 155 staff 44 are teachers the rest admin and management. ... Everyone should read "Parkinson's Law", a great book about bureaucracy. He invented "Bike shedding" if you know that term. One of the things he highlighted was the ratio of admin to ship sin the Royal navy. I paraphrase,
In 1850 there were 2000 ships of the line and 200 clerks in the Royal Navy, in 1950 there are 20 ship and 20,000 clerks.
I probably got the numbers wrong but you get the idea. We are a nation of paper pushers and latte makers, fewer and fewer people actually do anything useful these days. Need an admin cull!!! |
|
gasman
Senior Member
Posts: 466
Likes: 607
|
Post by gasman on Jul 22, 2017 13:54:47 GMT 10
Oops
Admin cull😗
Present company excepted of course
|
|
|
|
Post by Peter on Jul 22, 2017 21:38:00 GMT 10
Thanks for clearing that up...
|
|
remnantprep
Senior Member
People do not exist for the sake of governments!
Posts: 4,399 
Likes: 3,968
Email: remnant@ausprep.org
|
Post by remnantprep on Jul 22, 2017 21:41:10 GMT 10
Ummm yeah I really need to remember to read the whole thread! Gave me a fright, have been away for a week, come back and some one wants to cull Admin!!! Nooo
|
|
|
|
Post by spinifex on Sept 6, 2017 20:23:07 GMT 10
When agricultural areas get drought declared the gov. steps up and makes the interest payments to banks that farmers can no longer make. Now ... the reason they do that is to help the banks ... not the farmers. However, by extension, you can imagine what kind of pressure banks will put on gov. to bail them out in the event of any looming real-estate collapse. I would also expect banks to 'bail-in' everyone's savings to some degree.
It is worth mentioning that in my part of the world a large Qatari Investment company (Hassad) is selling up the farms it purchased a few years ago when Oz was dodging the GFC via the mining boom and looking like a bright place to invest. I expect Hassad is shoulder deep in financial analysts with better access to quality information than a dirt-kicker like me has access to ... so I theorise they may be expecting a future decline in their land investments here.
(There is an alternate theory that Qatar is concerned that their spat with Saudi and by extension the Saudi ally USA might result in economic sanctions that freeze overseas investments in US influenced countries including Oz. They may simply be doing a pre-emptive liquidation.)
|
|
