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Now they are talking about a possible Depression ! (Read 6223 times)
longweekend58
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Re: Now they are talking about a possible Depression !
Reply #30 - Nov 29th, 2011 at 5:16pm
 
Grey wrote on Nov 29th, 2011 at 2:24pm:
Doctor Jolly wrote on Nov 29th, 2011 at 1:49pm:
Grey wrote on Nov 29th, 2011 at 1:05pm:
Australia could easily avoid the catastrophe by going isolationist. Only the ideological nonsense of 'free trade stops us.


We'd have to make all our own electronics ourselves then.
That would suck.


Smiley not if you enjoy electronics. And really we have to stop being hole diggers at some point.


the naievete of that statement is breathtaking... we have NO semiconductor industry whatseover.

isolationists are idiots.
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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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longweekend58
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Re: Now they are talking about a possible Depression !
Reply #31 - Nov 29th, 2011 at 5:17pm
 
thi s a thread full of scared little whiny idiots.

unbelievable trash.
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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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barnaby joe
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Re: Now they are talking about a possible Depression !
Reply #32 - Nov 29th, 2011 at 5:48pm
 
... wrote on Nov 29th, 2011 at 5:13pm:
barnaby joe wrote on Nov 29th, 2011 at 5:03pm:
not if you just go to mars. they wont be able to get us on mars for at least 50 years.



The problem with mars is that the lower gravity ensures anyone living there will soon become physically feeble compared to the earth-based ubermensch, with their robust 1.0 gravity.  
So, I propose that leftards be sent to Mars instead - after all, they are used to being weaklings.  

they worship weakness and weak people as well so it'd be precisely their thing.

problem is getting them to move.
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Ex Dame Pansi
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Re: Now they are talking about a possible Depression !
Reply #33 - Nov 29th, 2011 at 5:52pm
 
longweekend58 wrote on Nov 29th, 2011 at 5:17pm:
thi s a thread full of scared little whiny idiots.

unbelievable trash.



So you know better than the economists longy? In 2007 we could excuse your ignorance because very few economists picked up on the global financial crises that later hit.

This time we have history on our side and in our face on a daily basis if you care to watch some "global news".

You are ignoring the facts because you are heavily mortgaged and you stand to lose out big time. Bad luck! you should have listened instead of laughing in the face of good advice.

You better choose two tents and an en-suite because you'll be in them for a long time.
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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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Life_goes_on
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Re: Now they are talking about a possible Depression !
Reply #34 - Nov 29th, 2011 at 5:58pm
 
The doom and gloom brigade on here are pretty funny.
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"You're just one lucky motherf-cker" - Someone, 5th February 2013

Num num num num.
 
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qikvtec
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Re: Now they are talking about a possible Depression !
Reply #35 - Nov 29th, 2011 at 5:59pm
 
Ex Dame Pansi wrote on Nov 29th, 2011 at 5:52pm:
longweekend58 wrote on Nov 29th, 2011 at 5:17pm:
thi s a thread full of scared little whiny idiots.

unbelievable trash.



So you know better than the economists longy? In 2007 we could excuse your ignorance because very few economists picked up on the global financial crises that later hit.

This time we have history on our side and in our face on a daily basis if you care to watch some "global news".

You are ignoring the facts because you are heavily mortgaged and you stand to lose out big time. Bad luck! you should have listened instead of laughing in the face of good advice.

You better choose two tents and an en-suite because you'll be in them for a long time.


Actually Pansi, if Longy was heavily mortgaged, and the world turns to Sh!t and hyperinflation is the order of the day, Longy would actually stand to gain significantly if heavily indebted; the debt would be absolutely worthless and could likely be retired with a weeks wages.

Just as a side note: They say you could line all the worlds economists head to toe around the equator and they still won't reach a conclusion.

Even a stopped watch is right twice a day!
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Politicians and Nappies need to be changed often and for the same reason.

One trouble with political jokes is that they often get elected.

Alan Joyce for PM
 
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Re: Now they are talking about a possible Depression !
Reply #36 - Nov 29th, 2011 at 6:01pm
 
Ex Dame Pansi wrote on Nov 29th, 2011 at 5:52pm:
longweekend58 wrote on Nov 29th, 2011 at 5:17pm:
thi s a thread full of scared little whiny idiots.

unbelievable trash.



So you know better than the economists longy? In 2007 we could excuse your ignorance because very few economists picked up on the global financial crises that later hit.

This time we have history on our side and in our face on a daily basis if you care to watch some "global news".

You are ignoring the facts because you are heavily mortgaged and you stand to lose out big time. Bad luck! you should have listened instead of laughing in the face of good advice.

You better choose two tents and an en-suite because you'll be in them for a long time.



IF HES Heavily motgaged he'll win out as he still owes the same amount, but inflation ensures that the outstanding amount is relatively worthless.

qikvtec beat me to it.  he must be qik.
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In the fullness of time...
 
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Ex Dame Pansi
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Re: Now they are talking about a possible Depression !
Reply #37 - Nov 29th, 2011 at 6:02pm
 
It_is_the_truth<<So, I propose that leftards be sent to Mars instead - after all, they are used to being weaklings. >>
..........................................................

The leftards will do very well on this beautiful planet called earth thankyou. We will clean it up and bring it back to health after you greedy capitalist pigs get off with your filthy CO2 pollution and your filthy mining industries.

Righties are dirty polluters poo!!!

Back to nature!!!! and pristine oceans mmmmmmmmmm
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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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Re: Now they are talking about a possible Depression !
Reply #38 - Nov 29th, 2011 at 6:07pm
 
Ex Dame Pansi wrote on Nov 29th, 2011 at 6:02pm:
It_is_the_truth<<So, I propose that leftards be sent to Mars instead - after all, they are used to being weaklings. >>
..........................................................

The leftards will do very well on this beautiful planet called earth thankyou. We will clean it up and bring it back to health after you greedy capitalist pigs get off with your filthy CO2 pollution and your filthy mining industries.

Righties are dirty polluters poo!!!

Back to nature!!!! and pristine oceans mmmmmmmmmm


Ahh of course.  It is only conservatives (notice the resemblance to conservation?  Just sayin....) who pollute.  Such a simplistic world view you have.

But it is intersting that we both want the same thing.  I reckon you might be a bit disappointed should you gte you wish.  nature can be a cruel mistress - the weak do not get rewarded with affirmative action - they die instead.
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« Last Edit: Nov 29th, 2011 at 6:14pm by ... »  

In the fullness of time...
 
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NorthOfNorth
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Re: Now they are talking about a possible Depression !
Reply #39 - Nov 29th, 2011 at 6:12pm
 
A post from a while back... from Alastair Cooke's 'Letter from America' regarding Franklin Roosevelt's 'New Deal' response to the great depression...

Roosevelt’s ‘New Deal’ and his signing of a welter of new laws were designed as he put it ‘to punish the economic royalists and spread the resources of the national government to the lowest in the land’, not least the 13 million jobless who had been there when he went into the White House. These ‘economic royalists’ – the bankers and captains of industry felt Roosevelt had betrayed them – which he had.

Roosevelt had campaigned to dismantle the bureaucracies of the central government and return its powers to the sovereign states. But once he was President, (as Cooke eloquently put it), ‘he suddenly looked beyond Washington and the east coast and the social landscape he’d inhabited and adorned. He lifted his eyes to the bankrupt farmers and the small businessmen of the mid-west and the bread lines outside the smokeless steel mills and the locked automobile factories and to the scurvy-ridden farmers of the deep south and the forlorn stevedores of the pacific coast and the one family in three or four that had nothing coming in… and he changed his mind’.

He decided that the states had neither the will, nor the power nor the money to rescue their own people and asked congress to give him powers ‘as great as would be given me if we were in fact invaded by a foreign foe’ and Congress, fearful of the disaster that had befallen the country, gave it to him. He ruled virtually by decree. Some of his ideas were fanciful and half baked and came to nothing, but his first vision, 'is the one he made real and the one for which he will always be remembered and the one that established the national consensus of the duties of the national government that is not going to be changed'.

Cooke goes on to describe his shock and ‘alarmed admiration’ on first seeing the President in the flesh. Virtually paralysed from the waist down, his upper body, heart and will had doubly strengthened to meet the challenges of his disability.

Finally Cooke recites the words of a sworn enemy of Roosevelt (Westbrook Peggler) who’d finally broken down and offered this eulogy to the great President. “As a social and political liver shaker he’s had no equal in our time in this country. Ornery, tricky, wayward and strong as a bull, he looked nice and dressy back there in 1932. There was nothing in his past record to indicate what a cantankerous hide he would turn out to be. Yet never in our time have people been so conscious of the meanness which a complacent upper class will practise on the [lower classes] and the government’s duty to do something real and personal for the assistance of those who are so far down that they can’t help themselves. If the country doesn’t go absolutely broke in his time, it will be a more intelligent and better country after him”.

Will the US and Europe soon need to elect their own respective 'Roosevelt'?
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Conviction is the art of being certain
 
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corporate_whitey
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Re: Now they are talking about a possible Depression !
Reply #40 - Nov 29th, 2011 at 6:16pm
 
I want to see the future of my own class secured - I dont want hard working people have everything they work for stolen off them by organised shareholder capitalists. I want to see the social security, housing,  education, retirement, health  and employment training secured and protected from free market capitalist corruption, greed and aggression.  The only way I see that happening is a separation of powers and economic autonomy for people who want to live and work under a social system.
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World Wide Working Class Struggle
 
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NorthOfNorth
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Re: Now they are talking about a possible Depression !
Reply #41 - Nov 29th, 2011 at 6:20pm
 
corporate_whitey wrote on Nov 29th, 2011 at 6:16pm:
I want to see the future of my own class secured - I dont want hard working people have everything they work for stolen off them by organised shareholder capitalists. I want to see the social security, housing,  education, retirement, health  and employment training secured and protected from free market capitalist corruption, greed and aggression.  The only way I see that happening is a separation of powers and economic autonomy for people who want to live and work under a social system.

Maybe Australia will one day need a Roosevelt.
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Conviction is the art of being certain
 
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Grey
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Re: Now they are talking about a possible Depression !
Reply #42 - Nov 29th, 2011 at 7:06pm
 
longweekend58 wrote on Nov 29th, 2011 at 5:16pm:
Grey wrote on Nov 29th, 2011 at 2:24pm:
Doctor Jolly wrote on Nov 29th, 2011 at 1:49pm:
Grey wrote on Nov 29th, 2011 at 1:05pm:
Australia could easily avoid the catastrophe by going isolationist. Only the ideological nonsense of 'free trade stops us.


We'd have to make all our own electronics ourselves then.
That would suck.


Smiley not if you enjoy electronics. And really we have to stop being hole diggers at some point.


the naievete of that statement is breathtaking... we have NO semiconductor industry whatseover.

isolationists are idiots.


If we didn't it would be a good idea to start up wouldn't it? In fact you are wrong.

http://www.silanna.com/index.php?page=about-us
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"It is in the shelter of each other that the people live" - Irish Proverb
 
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Grey
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Re: Now they are talking about a possible Depression !
Reply #43 - Nov 29th, 2011 at 7:15pm
 
Life_goes_on wrote on Nov 29th, 2011 at 5:58pm:
The doom and gloom brigade on here are pretty funny.


I'm not full of doom and gloom. If the  Market tanks tomorrow I'm prepared. I do seem to be better informed than you are though.


http://www.abc.net.au/lateline/business/items/201111/s3374648.htm
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"It is in the shelter of each other that the people live" - Irish Proverb
 
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Life_goes_on
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Re: Now they are talking about a possible Depression !
Reply #44 - Nov 29th, 2011 at 7:55pm
 
Grey wrote on Nov 29th, 2011 at 7:15pm:
Life_goes_on wrote on Nov 29th, 2011 at 5:58pm:
The doom and gloom brigade on here are pretty funny.


I'm not full of doom and gloom. If the  Market tanks tomorrow I'm prepared. I do seem to be better informed than you are though.


http://www.abc.net.au/lateline/business/items/201111/s3374648.htm


I wasn't including you in the regular "doom and gloom" brigade on here.

But look on the brightside.... even during the Great Depression most people still had full time employment - 3 out of 4 of them in fact.

Just don't be the fourth if it does happen....
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"You're just one lucky motherf-cker" - Someone, 5th February 2013

Num num num num.
 
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