Australian Politics Forum - Now they are talking about a possible Depression !

Sir lastnail Gold Member Online Australian Politics Posts: 30075 Gender:	Now they are talking about a possible Depression ! Nov 29^th, 2011 at 10:00am Some economists are talking about the possibility of a world depression if Europe can't get its house in order. I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed
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culldav

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Re: Now they are talking about a possible Depression !
Reply #1 - Nov 29^th, 2011 at 11:39am

There is ONE major fundamental FLAW with the capitalist system, and that is; not everyone can be rich, because no one will be left to do the manual work.

If you have cash money in any bank is would be very prudent to pull it out and either invest in Australian bonds or just hide it somewhere safe.

Germany is not going to safe Europe, and is talking about leaving the EU.

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longweekend58

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Re: Now they are talking about a possible Depression !
Reply #2 - Nov 29^th, 2011 at 12:17pm

culldav wrote on Nov 29^th, 2011 at 11:39am:

There is ONE major fundamental FLAW with the capitalist system, and that is; not everyone can be rich, because no one will be left to do the manual work.

If you have cash money in any bank is would be very prudent to pull it out and either invest in Australian bonds or just hide it somewhere safe.

Germany is not going to safe Europe, and is talking about leaving the EU.

as opposed to socialism where no one is rich and many are poor? or totalitarianism where one person is rich and everyone else is in poverty?

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AUSSIE: "Speaking for myself, I could not care less about 298 human beings having their life snuffed out in a nano-second, or what impact that loss has on Members of their family, their parents..."

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Lisa Jones

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Re: Now they are talking about a possible Depression !
Reply #3 - Nov 29^th, 2011 at 12:19pm

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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corporate_whitey

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Re: Now they are talking about a possible Depression !
Reply #4 - Nov 29^th, 2011 at 12:42pm

Lisa Jones wrote on Nov 29^th, 2011 at 12:19pm:

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

Organised Corporate greed and human inequality and its ultra right wing shareholder capitalist investor lobbies are openly calling for the scrapping of all benefits to hard workers, to make them work even harder and longer so they can kill them off faster, take the profits faster and up the replacement immigration intake. they want the dole scrapped, the DSP and Aged Pension scrapped, public health scrapped ect. They want compulsory credit cards issued to all workers and education on the benefits of gambling, suicide and compulsory sterilization to all working class slaves. By doing this shareholder capitalists could channel even more wealth into their miserable lowlife greedy coffers.

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World Wide Working Class Struggle

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Ex Dame Pansi

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Re: Now they are talking about a possible Depression !
Reply #5 - Nov 29^th, 2011 at 12:59pm

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

That's so true nails. Get your house in order. Don't trust the banks or the government to guarantee your savings, when the crash comes there will be no guarantees.

Capitalism as we know it is all but dead and buried. Who knows what it will be replaced with? probably nothing while we all struggle to survive without killing each other. See some wars starting to slowly brew as we speak?

In 2008, some brave economists were saying what all the economists are saying now. It's actually the same GFC that never went away, it just simmered with more bail outs and more money thrown into the fire.

Mr Swan has made some drastic cuts in expenditure today, 2.2% cut in most government departments, baby bonus, aged pension partners allowance blah blah blah, I'll try and get it. Over 300 pages of financial reforms.

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"When the power of love overcomes the love of power, the world will know peace." Hendrix
andrei said: Great isn't it? Seeing boatloads of what is nothing more than human garbage turn up.....

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Doctor Jolly

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Re: Now they are talking about a possible Depression !
Reply #6 - Nov 29^th, 2011 at 1:05pm

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

All right wingers have been talking about a depression since 2008. They parade their fears so obviously its embarrasing.

Here's a call. The European "trouble" is mostly political. Its a game played by Germany to get as much control of Europe as part of deal to get out of the problems. Europe doesnt even have fiscal union yet.
This could drag on for ages, but if the poo really did hit the fan, the solution is poised to go straight away. Germany may want to see a default to sharpen the minds of the other member states. They hold all the cards at the moment.

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Grey Gold Member Offline Australian Politics Posts: 5341 Gender:	Re: Now they are talking about a possible Depression ! Reply #7 - Nov 29^th, 2011 at 1:05pm Australia could easily avoid the catastrophe by going isolationist. Only the ideological nonsense of 'free trade stops us.
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Sir lastnail

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Re: Now they are talking about a possible Depression !
Reply #8 - Nov 29^th, 2011 at 1:09pm

longweekend58 wrote on Nov 29^th, 2011 at 12:17pm:

culldav wrote on Nov 29^th, 2011 at 11:39am:

There is ONE major fundamental FLAW with the capitalist system, and that is; not everyone can be rich, because no one will be left to do the manual work.

If you have cash money in any bank is would be very prudent to pull it out and either invest in Australian bonds or just hide it somewhere safe.

Germany is not going to safe Europe, and is talking about leaving the EU.

as opposed to socialism where no one is rich and many are poor? or totalitarianism where one person is rich and everyone else is in poverty?

as opposed to capitalism which sweeps the poor into the gutter where they can't be seen Sad

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Sir lastnail

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Re: Now they are talking about a possible Depression !
Reply #9 - Nov 29^th, 2011 at 1:11pm

Lisa Jones wrote on Nov 29^th, 2011 at 12:19pm:

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

you'll find all of those systems including capitalism will eventually fail. Capitalism requires exponential growth which the planet cannot possibly support so is doomed to failure !!

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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Lisa Jones

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Re: Now they are talking about a possible Depression !
Reply #10 - Nov 29^th, 2011 at 1:12pm

Sir lastnail wrote on Nov 29^th, 2011 at 1:11pm:

Lisa Jones wrote on Nov 29^th, 2011 at 12:19pm:

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

you'll find all of those systems including capitalism will eventually fail. Capitalism requires exponential growth which the planet cannot possibly support so is doomed to failure !!

Again I ask .. what do YOU suggest we all do??

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If I let myself be bought then I am no longer free.

HYPATIA - Greek philosopher, mathematician and astronomer (370 - 415)

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Sir lastnail

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Re: Now they are talking about a possible Depression !
Reply #11 - Nov 29^th, 2011 at 1:16pm

Lisa Jones wrote on Nov 29^th, 2011 at 1:12pm:

Sir lastnail wrote on Nov 29^th, 2011 at 1:11pm:

Lisa Jones wrote on Nov 29^th, 2011 at 12:19pm:

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

you'll find all of those systems including capitalism will eventually fail. Capitalism requires exponential growth which the planet cannot possibly support so is doomed to failure !!

Again I ask .. what do YOU suggest we all do??

I like the resource based system outlined in this documentary. And they are not talking about resources based on setting fire to coal either or digging crap out of the ground that destroys the planet !!

http://vimeo.com/13726978

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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corporate_whitey

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Re: Now they are talking about a possible Depression !
Reply #12 - Nov 29^th, 2011 at 1:20pm

Lisa Jones wrote on Nov 29^th, 2011 at 1:12pm:

Sir lastnail wrote on Nov 29^th, 2011 at 1:11pm:

Lisa Jones wrote on Nov 29^th, 2011 at 12:19pm:

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

you'll find all of those systems including capitalism will eventually fail. Capitalism requires exponential growth which the planet cannot possibly support so is doomed to failure !!

Again I ask .. what do YOU suggest we all do??

Stop all economic aggression and shareholder capitalist terrorism immediately.

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World Wide Working Class Struggle

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Soren

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Re: Now they are talking about a possible Depression !
Reply #13 - Nov 29^th, 2011 at 1:24pm

corporate_whitey wrote on Nov 29^th, 2011 at 12:42pm:

Organised Corporate greed and human inequality and its ultra right wing shareholder capitalist investor lobbies are openly calling for the scrapping of all benefits to hard workers, to make them work even harder and longer so they can kill them off faster, take the profits faster and up the replacement immigration intake. they want the dole scrapped, the DSP and Aged Pension scrapped, public health scrapped ect. They want compulsory credit cards issued to all workers and education on the benefits of gambling, suicide and compulsory sterilization to all working class slaves. By doing this shareholder capitalists could channel even more wealth into their miserable lowlife greedy coffers.

These are all very good ideas. Win your groceries on the pokies - it is certainly more exciting than pushing your trolley at Woolies.

It's time that work, like a good deed, is be recognised as its own reward, rather somethingto haggle over, as we see with these ujnioist chappies. Disgraceful. Work ye bastards, that's why you are the champions of the working class. Leave the filthy lucre to the morally inferior red in claw capitalists.

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Sir lastnail

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Re: Now they are talking about a possible Depression !
Reply #14 - Nov 29^th, 2011 at 1:24pm

corporate_whitey wrote on Nov 29^th, 2011 at 1:20pm:

Lisa Jones wrote on Nov 29^th, 2011 at 1:12pm:

Sir lastnail wrote on Nov 29^th, 2011 at 1:11pm:

Lisa Jones wrote on Nov 29^th, 2011 at 12:19pm:

Sir lastnail wrote on Nov 29^th, 2011 at 10:00am:

Some economists are talking about the possibility of a world depression if Europe can't get its house in order.

I suppose we have to experience at least one depression every century followed by a massive war in order to kick start the economy again. Such is the capitalist system of greed Sad

So what do you suggest we all do .. become communists?

you'll find all of those systems including capitalism will eventually fail. Capitalism requires exponential growth which the planet cannot possibly support so is doomed to failure !!

Again I ask .. what do YOU suggest we all do??

Stop all economic aggression and shareholder capitalist terrorism immediately.

get rid of the corrupt monetary institutions including the Reserve Banks and the fractional banking systems !!

Get rid of money because it's a curse !!

Ban all practices which destroy the environment !!

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In August 2021, Newcastle Coroner Karen Dilks recorded that Lisa Shaw had died “due to complications of an AstraZeneca COVID vaccination”.

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