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Post by SA Hunter on Dec 23, 2018 20:27:52 GMT 10
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Pion
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Post by Pion on Dec 24, 2018 14:20:47 GMT 10
I think you could drop those on any capitalist country couldn't ya?...some with more issues than that (think Brexit! Self-flagellation no less!)...
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Post by Joey on Dec 25, 2018 10:06:59 GMT 10
The biggest economic threat to Australia is if labor wins in next years federal election.
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spatial
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Post by spatial on Dec 25, 2018 10:22:56 GMT 10
The biggest economic threat to Australia is if labor wins in next years federal election. Socialists will take over the world 'democracies' as the economy fails, it will all be blamed on the evil conservative capitalists - spending and insanity to the max. Soon we will be living the Venezuela dream... Venezuelan Women "As Young As 14" Escape Socialism By Selling Sex, Hair And Breastmilkwww.zerohedge.com/news/2018-12-23/venezuelan-women-young-14-escape-socialism-selling-sex-hair-and-breastmilkWomen fleeing socialist Venezuela have taken to capitalism in order to survive; selling sex, hair and breastmilk as they make the perilous journey into neighboring Colombia in search of a better life. As Fox News' Hollie McKay reports, the Colombian border city of Cucuta is virtual chaos - as "Rail-thin women cradle their tiny babies, and beg along the trash-strewn gutters. Teens hawk everything from cigarettes to sweets and water for small change."
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spatial
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Post by spatial on Dec 25, 2018 10:25:02 GMT 10
I think you could drop those on any capitalist country couldn't ya?...some with more issues than that (think Brexit! Self-flagellation no less!)... It is a house of cards, and an integrated global financial and economic systems if one goes all the dominoes fall over. It is not just Australia, if China goes it will take the world with it not just Australia.
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Pion
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Post by Pion on Dec 25, 2018 18:20:20 GMT 10
I still struggle with imagining a financial crisis as being teotwawki...we have the propensity to hold human kind as super important in the schemes of nature...financial turbulence is a factor of modern life, both eastern and western and yet we survive...albeit a little poorer and (usually) the rich a little richer...
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spatial
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Post by spatial on Dec 25, 2018 19:05:25 GMT 10
I still struggle with imagining a financial crisis as being teotwawki...we have the propensity to hold human kind as super important in the schemes of nature...financial turbulence is a factor of modern life, both eastern and western and yet we survive...albeit a little poorer and (usually) the rich a little richer... In 2008 the world was hours away from all banking coming to a halt. No transfer of goods no international trading. This time it wont be rescued. WW1 was preceded by financial recession - it is what lead to the war. French revolution - was due to poverty and the people saying they have had enough and executed all the nobility, the modern french yellow vest demonstrations are born of the same issues, high taxation and poverty. Venezuela is the beginning of teotwawki and when it goes global wars will break out and hunger and poverty. Many countries in Africa without foreign aid will have an 80% reduction in population as they are in failed economic states. There will be no international aid no firefighting, medical services will be very restricted, half the population in Australia lives on some kind of drug or medical assistance - when that is taken away....
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Post by Peter on Dec 26, 2018 8:26:51 GMT 10
I still struggle with imagining a financial crisis as being teotwawki...we have the propensity to hold human kind as super important in the schemes of nature...financial turbulence is a factor of modern life, both eastern and western and yet we survive...albeit a little poorer and (usually) the rich a little richer... Keep watching Venezuela. Teotwawki is exactly what’s happening.
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Post by jonasparker on Dec 29, 2018 5:00:39 GMT 10
I think you could drop those on any capitalist country couldn't ya?...some with more issues than that (think Brexit! Self-flagellation no less!)... It is a house of cards, and an integrated global financial and economic systems if one goes all the dominoes fall over. It is not just Australia, if China goes it will take the world with it not just Australia. Unless a country is energy independent (a net-exporter of petroleum products), agriculturally independent (a net exporter of basic foodstuffs), and durable commodities independent (a net exporter of steel, aluminum, timber, and manufactured goods), it's in deep doo-doo when everything goes kaput!
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Pion
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Post by Pion on Dec 29, 2018 18:29:09 GMT 10
Those points are hugely valid (oh and a pharma industry)...that usually makes a country of such a size that it requires major transportation to keep it all meshed...so if one card falls, we're back to square one...
Personally I've always felt a direct result of globalisation (and spread out industrialism) is the destabilization of the western economies precursored through an international crisis...one wonders if this is why the big red empires have taught their folks to do without (or remember how to do without) and how to go 'frugal'...those buggers love the long game...I wonder how the west would cope today without the Kardashians and Fortnite...lol...
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Post by SA Hunter on Dec 29, 2018 19:26:51 GMT 10
Those points are hugely valid (oh and a pharma industry)...that usually makes a country of such a size that it requires major transportation to keep it all meshed...so if one card falls, we're back to square one... Personally I've always felt a direct result of globalisation (and spread out industrialism) is the destabilization of the western economies precursored through an international crisis...one wonders if this is why the big red empires have taught their folks to do without (or remember how to do without) and how to go 'frugal'...those buggers love the long game...I wonder how the west would cope today without the Kardashians and Fortnite...lol... I've survived without either the K's or Fortnite. In fact, I had to do a Google search to see who the hell the K's even are. It's sad when tv personalities have so much influence over society. Same with a video game too.
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Pion
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Post by Pion on Dec 29, 2018 23:06:52 GMT 10
Mate I have 2 daughters and 3 grandkids...I know what they are lol!...
My hopefuls are my son-in-law who is doing para-medic training (he wants to shoot and once the funds are happening that will follow; the downside is hes a miner lol) and my Grandson who digests anything tactical like a grunt on basic...hes 8 and wont get into the car now without his BOB, lol!
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Pion
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Post by Pion on Dec 30, 2018 15:00:15 GMT 10
Whether you watch them or not understanding and recognising cultural change is a fundamental element of intelligence gathering to make you a good prepper Frosty...that way youll know where to grab your grandkids from when the shtf! Lol...
Note to Frosty...watch Kardashians and findout wtf is Fortnite!!!! Lol
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fei
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Post by fei on Dec 30, 2018 15:55:08 GMT 10
My local mall has a Calvin Klein store, with a big pic of the Kardashians in their underwear on the wall outside. I always get an eyeful when I go past, but none of my family or friends have heard of them (or many other non-Asian celebs for that matter). Fortnite on the other hand is as big in China as it is elsewhere. My kids don't get as much screen time as some of their friends, so luckily haven't started on the whole gaming thing yet though.
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Post by rrodscott on Jan 18, 2019 10:10:59 GMT 10
I still struggle with imagining a financial crisis as being teotwawki...we have the propensity to hold human kind as super important in the schemes of nature...financial turbulence is a factor of modern life, both eastern and western and yet we survive...albeit a little poorer and (usually) the rich a little richer... Keep watching Venezuela. Teotwawki is exactly what’s happening. I was in college in '10 and in my economics class we had to pick a country and determine how the crash of '08 had affected it. I picked Australia because I'd spent a year there when I was in the military. Australia was by far the First World country least affected by the economic downturn. The group that picked Ireland noted that manufacturing there had dropped by 25% and that so many college educated Irish were leaving the country that some equated the downturn with the Potato Famine. Britain and the US had to bail out their largest banks, Greece was slipping into socialism, and the most prosperous parts of Spain were attempting to separate and start their own countries. Meanwhile, Australia's economy was chugging right along because Japan and China needed raw materials, and Australia was their main supplier. If I had to ride out a global economic crisis, I'd head to Australia.
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Post by SA Hunter on Jan 18, 2019 21:22:50 GMT 10
... when the GFC hit, our Govt has in the black by over AUD$15bn ( thanks to the previous Lib/Nat Govt ) - then everyone was given $700(?) by the Labor to stimulate the economy. Problem is, our debt is now Total Government Debt: 845,321,748,345 ( and steadily increasing ). I tried to return the money, and asked not to have to pay it back, but no luck! (http://www.australiandebtclock.com.au/).
If another, sorry, when, another GFC hits, we have nothing to fall back on. Even if there isn't a GFC, but if Chinas economy implodes, so does ours, as our economy rises and falls on what China's does.
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Post by spinifex on Jan 20, 2019 8:34:59 GMT 10
I repeat this a lot: Central banks everywhere will do whatever it takes to keep the system functioning because all the very rich folks LOVE it the way it is. Central banks don't even have to go to the trouble of printing and distributing funds for bailouts anymore. The problem this creates, and has created, is massive economic inefficiency in the 'real world' and massive mis-allocation of resources within the real economy. It used to be that well run, up and coming businesses and companies with good and efficient products and services could replace stagnant giant corporations that were inefficient/corrupt ... but with 'Too big to fail' now SOP we're stuck with these R-soles who have so much 'market share' and 'access to capital' they can get away with peddaling sh!t to infinity and beyond. Put it this way ... imagine you had a little machine at home that you could plug into your computer, and you could log into your on-line banking and re-populate your account balances whenever you wanted to. What would your life look like? And what would you do to keep control of that little machine? Would you bother getting your car serviced or just buy a new one every couple of months and throw away the 'old' one? Would you keep driving a Camry or get something a bit more dreamy? Would you keep working? Would you start handing out lots of free money to your friends and family? Would they keep working and driving an ordinary car? This is exactly what central bankers and their closest associates have access to. They also have access to the levers of government and a noose around every major corporation. They will defend this system we have from uncontrolled collapse. They will allow it to slowly wind down, as it is doing, so that us little frogs in the pot can barely perceive we are being cooked. Venezuela suffers from the problem that they need to import lots of their economic needs and the US has strangled their supply of US dollars which are needed for international trade settlement through sanctions. They can't get the goods and services they need to properly maintain their oil infrastructure. If they can't pump oil they can't use it in place of US dollars to trade with other countries. The US, not satisfied with the results to date are now looking at direct oil sanctions on Venezuela. www.wsj.com/articles/u-s-considers-harshest-venezuela-sanctions-yet-on-oil-11547510165If the US ever put sanctions on Oz the way it puts them on Venezuela we'll look just like them. And ... the likely solution to our woes under those circumstances will be to become a satellite of China.
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Pion
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Post by Pion on Jan 20, 2019 13:24:32 GMT 10
Mate you have no idea...its all done and dusted in NZ with regards to China...literally this has come about due to the need to trade and Western nations liking having trade tariffs (in the past including NZ!)...eventually when the Chinese call in their debts itll be interesting to see if there is any spark of sovereignty left amongst them...
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Post by rrodscott on Jan 22, 2019 14:44:40 GMT 10
Venezuela gets a cold and Columbia sneezes. Then the US builds a wall to keep the flu from crossing the border. Gotta be a better way.
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Pion
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Post by Pion on Jan 22, 2019 17:03:33 GMT 10
Youd think...and the reality of todays tech is you dont need physical barriers...just a broad stretch of open ground and the will, personnel and logistics to defend it...
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