Australian Politics Forum - Politics, Economics & New Realities!

Jovial Monk

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Re: Politics, Economics & New Realities!
Reply #90 - Nov 9^th, 2015 at 3:03pm

bogarde73 wrote on Nov 9^th, 2015 at 1:00pm:

Demographics will have a powerful & ongoing influence over the issue perceptions.
But it's not the only factor.

1. And this will be scoffed at, but smarter organisation could see more resources (= funds) transferred out of administration into service delivery. If governments were willing and politically inclined to take a harder line with the public sector unions, management & clerical functions could be substantially slimmed down and medical/nursing functions expanded.

2. A better organisation of the primary health care resources would help.
At the moment still we see A & E facilities overburdened with cases that could adequately be dealt with by GPs if government was inspired enough to offer GPs more incentive for expanded hours.
It would imo be a hell of a lot cheaper to do this than run A & E 24 hours a day handing out pills for minor ailments.
Again this would free up hospital resources for their real job.

Your second point is Labor’s superclinics.

Your first point would need a radical revision of the Treasury Act and Regulations and Directions under that Act. That is something I have wanted for 40 or so years. Doesn’t need a “harder line” taken with PS unions at all.

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Get the vaxx! 💉💉

If you don’t like abortions ignore them like you do school shootings.

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #91 - Nov 25^th, 2015 at 6:55pm

I repost the following here, as it is relevant -

perceptions_now wrote on Nov 25^th, 2015 at 6:52pm:

Ageing population a global problem: RBA

The increasing number of retirees in parts around the world and record low interest rate are a problem for the global economy.

Reserve Bank governor Glenn Stevens says while many believe the US Federal Reserve is likely to raise its interest rate next month the pace of subsequent increases are likely to be slow.

Meanwhile, central banks in Japan and Europe which also have an ageing population are a long way from considering an interest rate rise.

He added that China's working age population is also shrinking as people move into retirement.

Mr Stevens said the problem with an ageing population was that there were less people in jobs causing a drag on the economy and the ability to pay welfare and public health care costs.

"Instead of five or six people for every retired person there's two or two and a half," he said.

"It may be that jobs will be robotised ... in the long run we may need that to some extent."
Mr Stevens says the share of services in most economies will continue to increase with health and aged care obvious areas for expansion because of an ageing population.
"The thing we have to most grapple with is to make our children more productive so they can earn enough to pay the taxes and help the capital return to keep us in our dotage," he said.

Mr Stevens said continued low interest rates around the world would make it hard for people to fund their retirement.
"In a low interest rate world, the problems of providing retirement incomes will become ever more prominent," he said.

"Overall, in a world where a higher proportion of the population wants to be retired and living - even if only in part - off the return on their savings, those returns are likely, all other things equal, to be lower.
"And there are more of such people, living longer."

http://www.news.com.au/finance/business/breaking-news/ageing-population-a-global...
=============================================
There is an "old phrase", which comes to mind here -
No Sh!t, Sherlock!

These issues have been known or should have been known, for quite some time, UNYET GOVERNMENTS (OF BOTH MAJOR PERSUASIONS) & THE RBA DID NOT TAKE THE APPROPRIATE ACTIONS, IN THE LONG TERM BEST INTERESTS OF ALL AUSTRALIANS, THEY CONTINUED WITH THE SHORT TERM BEST INTERESTS OF THEMSELVES & A SELECT FEW!
However, in the final wrap up, the select few will also be losers, along with ALL AUSTRALIANS!

Oh & btw, Demographgics are not the only issue/s now in play!!!
Similar issues are also in play, overseas!

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Pantheon

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Re: Politics, Economics & New Realities!
Reply #92 - Nov 25^th, 2015 at 7:51pm

In a Capitalist system (Market system).. a stable and responsible Government is the most important factor, because it is the job of the government to regulate the free market and keep it free (regulating to ensure small business have a fair go and can go up against big multinational corporations and win, and at the same time keep multinational corporations in their place and protect the consumer and the worker).

However, Unions, Corporations, Interest groups have gotten to involved in politics.. politicians have allowed themselves to be corrupted, bought out, and sold.. the issue isn't whether Austrian, nor the Keynesian basics Economics still works because i think they clearly do.. the issue is the system has been regulated to serve the interest of either Unions, Corporations or Interest groups or politicians themselves, corrupting the system itself.

The issue isn't economical but more political with our politicians becoming nothing more than puppets, harming their own sections of the economy for their own gain.

the Demise of the Baby Boomers doesn't mean the good times are over.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #93 - Nov 25^th, 2015 at 11:12pm

Pantheon wrote on Nov 25^th, 2015 at 7:51pm:

In a Capitalist system (Market system).. a stable and responsible Government is the most important factor, because it is the job of the government to regulate the free market and keep it free (regulating to ensure small business have a fair go and can go up against big multinational corporations and win, and at the same time keep multinational corporations in their place and protect the consumer and the worker).

However, Unions, Corporations, Interest groups have gotten to involved in politics.. politicians have allowed themselves to be corrupted, bought out, and sold.. the issue isn't whether Austrian, nor the Keynesian basics Economics still works because i think they clearly do.. the issue is the system has been regulated to serve the interest of either Unions, Corporations or Interest groups or politicians themselves, corrupting the system itself.

The issue isn't economical but more political with our politicians becoming nothing more than puppets, harming their own sections of the economy for their own gain.

the Demise of the Baby Boomers doesn't mean the good times are over.

I agree, the Politicians & a few other "interested party's", are certainly responsible for quite a lot of what is happening now & what is to come!

One out of 2, ain't bad, I suppose?
Actually, by itself the Demographics would certainly be a "substantial problem/issue, But the Demographics are not alone, there are also -
1) Energy & related issues.
2) Climate & related issues.
3) Poorly handled past Economics, now converting into massive Global Debt & related issues.

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #94 - Dec 12^th, 2015 at 11:43am

I RE-POST THE FOLLOWING HERE, AS IT IS RELEVANT!

perceptions_now wrote on Dec 12^th, 2015 at 11:39am:

Well, something was again afoot, with overnight trading -
Dow finished DOWn 310 @ 17,265 - off 1.76%
DAX finished DOWn 259 @ 10,340 - off 2.44%
http://www.investing.com/indices/major-indices

Based on the above & the Economic basics, it is quite possible, the OZ All Ords MAY go into the number range beginning with 4 on Monday?

That said, it is also likely that the All Ords will trade with a number beginning with a 2, at some point in the not too distant future AND THAT WILL HAPPEN IRRESPECTIVE OF WHICH POLITICAL PARTY IS IN POWER IN OZ!

Oh & Wti Oil finished last night @ $35.35!
http://www.investing.com/commodities/crude-oil

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #95 - Dec 12^th, 2015 at 2:17pm

I re-post here!

perceptions_now wrote on Dec 12^th, 2015 at 2:15pm:

Global Cooling: The World's Dangerously Slowing Economy In 4 Simple Charts

Summary
Despite the rhetoric, the world's economy is slowing dramatically.
This is particularly dangerous now with the disconnect in record high stock, bond, real estate markets.
Four simple charts tell the real story behind the slowing global economy.

Despite the political rhetoric of the economic experts and market media pundits, the world economy is slowing and likely to slow even more dramatically in the short months and years ahead.

The reason this is dangerous right now is that most financial markets across the developed economies of the world have yet to appropriately discount this significant market risk and economic reality.

With financial markets now entering the 8th year of our long running 5-7 year boom-to-bust market cycle, this can and will likely change at any moment.

The following 4 simple charts are all you need to see.
1. CRUDE OIL
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/8/saupload_AAEAAQAAA...
Energy is the lifeblood of economic activity, and crude oil and fossil fuels still supply over 80% of the world's energy output. Despite 'peak oil' supply concerns and an increase in alternative energy production over the past decade, oil prices are now in record free-fall. Although crude oil supply has grown significantly, depressed oil prices may indicate that world demand for oil is slowing dramatically too - with oil prices off over 65% in 18 months.

2. COPPER
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/8/saupload_AAEAAQAAA...
With copper's widespread use in many sectors of the global economy, the market price of copper often reflects on the overall health of the global economy. 'Dr. Copper', as noted above, has been in relative 'crash mode' since late in 2011, dropping nearly 55%.

3. INTEREST RATES
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/8/saupload_AAEAAQAAA...
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/8/saupload_AAEAAQAAA...
World interest rates and government bond yields are arguably the most important leading indicator to the world's economic prosperity. With the record low interest rates and the global 'cost-of-money' also in free-fall across the developed world, a deep economic deflation is now unfolding despite the global central banking rhetoric and spin.
Further evidence of a worldwide deflation is the European Financial Stability Facility (EFSF). The EFSF was created to safeguard financial stability in Europe by providing financial assistance to euro area member states. As you can see from the current negative bond yields above, European debt and the European economy is on life support too.

4. U.S. DOLLAR
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/8/saupload_AAEAAQAAA...
Last but not least, the world's reserve currency and global de facto safe haven remains the US Dollar. As a rule, capital will seek out safe haven currencies and investments when concerns for the economy and markets turn precarious and troubling.
With this in mind, note the clear evidence of a significant ongoing flight-to-quality over the last 18 months with the massive international capital flight into the USA as illustrated in the rising US Dollar Index above. The US Dollar Index is up over 25% over this short period, with near 25% direct upside performance versus major core economy currencies including the EURO and Japanese YEN.

As the world continues to cool (economically), the world's central bankers outside of the US are aggressively cutting interest rates and devaluing their local currencies in an attempt to export their economies into prosperity. A new global currency war is well underway. As a result, we expect that the rising US Dollar still has a long way to go.

With real market prices reflecting the aggregate sum of all economic and investor input in real time, it is real market pricing that remains the most important and reliable market indicator of future economic activity.

Despite the constant rhetoric to the contrary, price never lies. Price matters.

The world economy is dangerously slowing. Invest accordingly.

http://seekingalpha.com/article/3745156-global-cooling-the-worlds-dangerously-sl...
=============================================
It should be noted that -
1) The Decline in Energy Prices is NOT restricted to just Oil, see Coal for starters!
2) The Decline in General Commodity Prices is NOT restricted to just Copper, see Iron Ore for starters!

It should also be noted that these Declines relate NOT to Supply, But to Demand Decline!
It should also be noted that, Demand Decline relates mainly to Demographics, which are set to continue for quite some time!
And, irrespective of what any Politician may say, Demand Decline will continue & Economic Growth will Decline!

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #96 - Dec 31^st, 2015 at 12:59pm

I Re-post the following here, as it is relevant.

perceptions_now wrote on Dec 31^st, 2015 at 12:55pm:

Growth Ain't What It Used To Be And Won't Be Coming Back Anytime Soon... Here's Why

Summary
Population Growth is the greatest factor in growing consumption and GDP growth.
Over the past 4yrs, the US Census has downgraded US population growth drastically.
Almost the entirety of the population downgrades have been among the future younger population segments...the impacts for unfunded SS, Medicare, and so much more has gotten so much worse.

Growth is all about greater flow, not stock. Said otherwise, growth in consumption and GDP generally happens via population growth, wage growth, and/or credit growth...the greatest being population growth.

So, in that context, the below probably matters (a lot).

In 2008, the US Census Bureau projected strong population gains through 2050 helping to drive growing consumption and US economic growth. The projected population growth was generally balanced across age segments primarily driven by gains in young Hispanics due to higher birth rates and immigration. But in 2012, in a story here the Census acknowledged that these were bad assumptions as these trends were not continuing, as had been expected. In December of 2014, again here, the US Census affirmed and further downgraded it's population projections from 2012. The Census now anticipates a 32% reduction from it's previous 2008 projections for US population growth from 2015 to 2050 (or about 36 million fewer Americans...chart below).
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/29/saupload_222.3.pn...

The US is still projected to grow by 77m but significantly less than the previous estimate of 113m. 95% of the cuts to the population growth are in the under 45yr/old population. As the chart below highlights, the cuts among the 0-24 and 25-44 populations were massive...the change in growth among the 45 and older miniscule.
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/29/saupload_222.2.pn...

The chart below highlights the reductions in population growth across the age segments, and as mentioned above, the 0-24yr/old population growth was slashed by 76% or 24 million fewer youth and 40% fewer 25-44yr/olds. That this isn't front page news is, I suppose, a sign of the times. GDP and potential economic growth estimates weren't ratcheted back to match the huge slowdown in young vs. continuing growth among older populations.
https://staticseekingalpha.a.ssl.fastly.net/uploads/2015/12/29/saupload_222.png

For those wondering when economic growth will be getting back to "normal"...the US Census has made it clear there is a "new abnormal"...in the new abnormal population growth is among the old. Little to no growth among the young. Wage growth is next to nil. The only hope for those awaiting "trend" growth is another doubling or tripling of credit / debt every seven years or so to move the needle along. Never mind that's pretty much next to impossible without the wheels coming off the cart.

Welcome to the new abnormal which the Fed, Federal .Gov, nor Wall St. will acknowledge. And if our leadership won't even acknowledge there is a problem, we can take none of the necessary though painful steps to begin a resolution.

http://seekingalpha.com/article/3782536-growth-aint-what-it-used-to-be-and-wont-...
==============================================
A few observations -
1) It is not only the US Government & Central Banker, that would even acknowledge there are issues here, let alone acknowledging there are Problems, let alone acknowledging those Problems are "once in history" and they definitely are not going near the fact that these Problems do not have "auto solutions", like those administered to the usual Business cycle ups & downs!
2) The issues raised here, do not just apply to the USA, they are pretty much Global, with some variations AND THE FLOW ON EFFECTS ARE & WILL BE ENORMOUS!
3) The US Census is still not "coming clean" with the full likely outcomes AND they are MILES OUT on the 45 & over estimates, as pretty much ALL OF THE MILLIONS (usa)/BILLIONS (GLOBAL) of BABY BOOMERS WILL BE DEAD BY 2050!
4) Demographics are not the only MAJOR factor now influencing the Global Economy, with the following also having major impacts -
a) ENERGY - Via Demand, Supply & Pricing!
b) Climate Change - Via Food & Water Supply/Pricing AND impacts on Economic Destruction & increased Debt via the Cost/s of preventing or Repairing Damaged infrastructure & Agriculture.

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #97 - Dec 31^st, 2015 at 3:02pm

I Re-post the following here, as it is relevant!

perceptions_now wrote on Dec 31^st, 2015 at 2:59pm:

Apple said to pay Italy $477m in tax-avoidance deal

Apple will pay Italy's tax office €318 million ($477 million) to settle a dispute over allegations it failed to pay taxes for six years, a source with direct knowledge of the matter said on Wednesday.

Italian prosecutors have been investigating allegations that Apple failed to pay corporate taxes to the tune of €879 million in 2008-13 by reducing its taxable income when it booked profits generated in Italy through its Irish subsidiary
, sources told Reuters earlier this year.

"Apple will pay the tax agency €318 million
and will sign a new tax accord for fiscal years 2015 onwards
early next year," the source said.

http://www.smh.com.au/business/world-business/apple-said-to-pay-italy-570m-in-ta...
=============================================
Interestingly, whilst this story has been raised on ABC TV & seems to have broken Globally some 13 hours ago, it still doesn't appear on the main Google news site!
https://news.google.com.au/nwshp?hl=en&ei=t7OEVtj4FIXV0ATD_oaQDA&ved=0EKkuCAkoBw
I wonder why that could be?
But, if you type in Italy, then there are quite a few stories -
https://www.google.com.au/search?hl=en&gl=au&tbm=nws&authuser=0&q=largest+global...

That said, it is further "Proof" that our Politicians (both Liberal & Labor) are gutless & they are not pursuing our (ALL OF US) Best, Long Term interests!!!
Why didn't they take the Italian line???

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Bias_2012 Gold Member Offline Australian Politics Posts: 10766 Gender:	Re: Politics, Economics & New Realities! Reply #98 - Dec 31^st, 2015 at 3:34pm IMF chief Lagarde warns of disappointing global growth in 2016 http://www.theguardian.com/world/2015/dec/30/imf-chief-christine-lagarde-disappointing-global-growth-economy-2016
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longweekend58

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Re: Politics, Economics & New Realities!
Reply #99 - Dec 31^st, 2015 at 4:30pm

perceptions_now wrote on Aug 25^th, 2013 at 11:06am:

As usual, those who purport to be Experts (yes - Maqqa & Longy) on Economics, are shown by their silence, to simply be people who formerly thought they were an Economics Exspurts, but who now understand that they are just a drips under pressure!

You spent all those years lecturing us on PEAK OIL!!!!

how'd that work out prozac_now?

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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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Bobby.

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Re: Politics, Economics & New Realities!
Reply #100 - Dec 31^st, 2015 at 4:35pm

perceptions_now wrote on Dec 31^st, 2015 at 3:02pm:

I Re-post the following here, as it is relevant!

perceptions_now wrote on Dec 31^st, 2015 at 2:59pm:

Apple said to pay Italy $477m in tax-avoidance deal

Apple will pay Italy's tax office €318 million ($477 million) to settle a dispute over allegations it failed to pay taxes for six years, a source with direct knowledge of the matter said on Wednesday.

Italian prosecutors have been investigating allegations that Apple failed to pay corporate taxes to the tune of €879 million in 2008-13 by reducing its taxable income when it booked profits generated in Italy through its Irish subsidiary
, sources told Reuters earlier this year.

"Apple will pay the tax agency €318 million
and will sign a new tax accord for fiscal years 2015 onwards
early next year," the source said.

http://www.smh.com.au/business/world-business/apple-said-to-pay-italy-570m-in-ta...
=============================================
Interestingly, whilst this story has been raised on ABC TV & seems to have broken Globally some 13 hours ago, it still doesn't appear on the main Google news site!
https://news.google.com.au/nwshp?hl=en&ei=t7OEVtj4FIXV0ATD_oaQDA&ved=0EKkuCAkoBw
I wonder why that could be?
But, if you type in Italy, then there are quite a few stories -
https://www.google.com.au/search?hl=en&gl=au&tbm=nws&authuser=0&q=largest+global...

That said, it is further "Proof" that our Politicians (both Liberal & Labor) are gutless & they are not pursuing our (ALL OF US) Best, Long Term interests!!!
Why didn't they take the Italian line???

Our ultra right wing fascist Govt. prefers to make cut backs on

the most disadvantaged people: the unemployed - the sick -

not go after the big corporations.

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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #101 - Dec 31^st, 2015 at 5:41pm

longweekend58 wrote on Dec 31^st, 2015 at 4:30pm:

perceptions_now wrote on Aug 25^th, 2013 at 11:06am:

As usual, those who purport to be Experts (yes - Maqqa & Longy) on Economics, are shown by their silence, to simply be people who formerly thought they were an Economics Exspurts, but who now understand that they are just a drips under pressure!

You spent all those years lecturing us on PEAK OIL!!!!

how'd that work out prozac_now?

As usual, Maria/Longy, your comment/s are "somewhat" restricted on Realities & concentrate on Personality abuse!

Nothing to say about the current "Realities", which I posted about?

Oh & btw, as I have said "a few times already", Peak Oil is now part of history, with standard (old & cheap Oil) Production having Peaked around 2006!

And, I have also previously said, what has been happened & what will happen, are now involves Demand, Supply & Pricing, which are & will be largely affected by Demographics.
In short, the recent Price Decline, is largely driven by Demand Decline & by a short term increase in Shale production, which is now in Decline.
There will be a competition, for some time, between Global Demand Decline, driven by Demographics, in which the "winner" will be "LOW" Oil Pricing & generally lower Commodity Pricing.
This will prevail for some time, until Shale is "priced out" & it becomes obvious that the "old Oil sources" are now in run out stage, then Oil Pricing may start to lift again, "somewhat".
Having sustained huge losses on Shale, it will be difficult to find new backers, willing to put money into a new Shale surge, so Shale may well NOT make a COMEBACK!

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longweekend58

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Re: Politics, Economics & New Realities!
Reply #102 - Dec 31^st, 2015 at 7:19pm

perceptions_now wrote on Dec 31^st, 2015 at 5:41pm:

longweekend58 wrote on Dec 31^st, 2015 at 4:30pm:

perceptions_now wrote on Aug 25^th, 2013 at 11:06am:

As usual, those who purport to be Experts (yes - Maqqa & Longy) on Economics, are shown by their silence, to simply be people who formerly thought they were an Economics Exspurts, but who now understand that they are just a drips under pressure!

You spent all those years lecturing us on PEAK OIL!!!!

how'd that work out prozac_now?

As usual, Maria/Longy, your comment/s are "somewhat" restricted on Realities & concentrate on Personality abuse!

Nothing to say about the current "Realities", which I posted about?

Oh & btw, as I have said "a few times already", Peak Oil is now part of history, with standard (old & cheap Oil) Production having Peaked around 2006!

And, I have also previously said, what has been happened & what will happen, are now involves Demand, Supply & Pricing, which are & will be largely affected by Demographics.
In short, the recent Price Decline, is largely driven by Demand Decline & by a short term increase in Shale production, which is now in Decline.
There will be a competition, for some time, between Global Demand Decline, driven by Demographics, in which the "winner" will be "LOW" Oil Pricing & generally lower Commodity Pricing.
This will prevail for some time, until Shale is "priced out" & it becomes obvious that the "old Oil sources" are now in run out stage, then Oil Pricing may start to lift again, "somewhat".
Having sustained huge losses on Shale, it will be difficult to find new backers, willing to put money into a new Shale surge, so Shale may well NOT make a COMEBACK!

In short, you are now saying that Peak OIl is not real and real all at once.

you are slippery, but most crazy people are.

you've never gotten a single prediction right yet. Today is stil NOT your day.

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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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perceptions_now

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Re: Politics, Economics & New Realities!
Reply #103 - Jan 1^st, 2016 at 1:31pm

longweekend58 wrote on Dec 31^st, 2015 at 7:19pm:

perceptions_now wrote on Dec 31^st, 2015 at 5:41pm:

longweekend58 wrote on Dec 31^st, 2015 at 4:30pm:

perceptions_now wrote on Aug 25^th, 2013 at 11:06am:

As usual, those who purport to be Experts (yes - Maqqa & Longy) on Economics, are shown by their silence, to simply be people who formerly thought they were an Economics Exspurts, but who now understand that they are just a drips under pressure!

You spent all those years lecturing us on PEAK OIL!!!!

how'd that work out prozac_now?

As usual, Maria/Longy, your comment/s are "somewhat" restricted on Realities & concentrate on Personality abuse!

Nothing to say about the current "Realities", which I posted about?

Oh & btw, as I have said "a few times already", Peak Oil is now part of history, with standard (old & cheap Oil) Production having Peaked around 2006!

And, I have also previously said, what has been happened & what will happen, are now involves Demand, Supply & Pricing, which are & will be largely affected by Demographics.
In short, the recent Price Decline, is largely driven by Demand Decline & by a short term increase in Shale production, which is now in Decline.
There will be a competition, for some time, between Global Demand Decline, driven by Demographics, in which the "winner" will be "LOW" Oil Pricing & generally lower Commodity Pricing.
This will prevail for some time, until Shale is "priced out" & it becomes obvious that the "old Oil sources" are now in run out stage, then Oil Pricing may start to lift again, "somewhat".
Having sustained huge losses on Shale, it will be difficult to find new backers, willing to put money into a new Shale surge, so Shale may well NOT make a COMEBACK!

In short, you are now saying that Peak OIl is not real and real all at once.

you are slippery, but most crazy people are.

you've never gotten a single prediction right yet. Today is stil NOT your day.

Poor Longy/Maria (& a few others), your understanding of Reality is NEARLY as bad as your memory!?

I'll give "some" consideration, to assisting you there.

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longweekend58

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Re: Politics, Economics & New Realities!
Reply #104 - Jan 1^st, 2016 at 1:36pm

perceptions_now wrote on Jan 1^st, 2016 at 1:31pm:

longweekend58 wrote on Dec 31^st, 2015 at 7:19pm:

perceptions_now wrote on Dec 31^st, 2015 at 5:41pm:

longweekend58 wrote on Dec 31^st, 2015 at 4:30pm:

perceptions_now wrote on Aug 25^th, 2013 at 11:06am:

As usual, those who purport to be Experts (yes - Maqqa & Longy) on Economics, are shown by their silence, to simply be people who formerly thought they were an Economics Exspurts, but who now understand that they are just a drips under pressure!

You spent all those years lecturing us on PEAK OIL!!!!

how'd that work out prozac_now?

As usual, Maria/Longy, your comment/s are "somewhat" restricted on Realities & concentrate on Personality abuse!

Nothing to say about the current "Realities", which I posted about?

Oh & btw, as I have said "a few times already", Peak Oil is now part of history, with standard (old & cheap Oil) Production having Peaked around 2006!

And, I have also previously said, what has been happened & what will happen, are now involves Demand, Supply & Pricing, which are & will be largely affected by Demographics.
In short, the recent Price Decline, is largely driven by Demand Decline & by a short term increase in Shale production, which is now in Decline.
There will be a competition, for some time, between Global Demand Decline, driven by Demographics, in which the "winner" will be "LOW" Oil Pricing & generally lower Commodity Pricing.
This will prevail for some time, until Shale is "priced out" & it becomes obvious that the "old Oil sources" are now in run out stage, then Oil Pricing may start to lift again, "somewhat".
Having sustained huge losses on Shale, it will be difficult to find new backers, willing to put money into a new Shale surge, so Shale may well NOT make a COMEBACK!

In short, you are now saying that Peak OIl is not real and real all at once.

you are slippery, but most crazy people are.

you've never gotten a single prediction right yet. Today is stil NOT your day.

Poor Longy/Maria (& a few others), your understanding of Reality is NEARLY as bad as your memory!?

I'll give "some" consideration, to assisting you there.

so no answers at all depression_now? just the old slippery avoidance of anything of substance? BTW I was right about peak oil and you were dead wrong.

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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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