UnSubRocky wrote on Sep 4^th, 2024 at 8:58pm:



Many mines.

Australian money flows in a closed loop.

Oligarchs give money to politicians in paper and plastic bags. Politicians multiply it with taxpayer donations and give it back to the Oligarchs in truckloads.

Thank god for taxpayers or we would all be starving.

Laugh till you cry wrote on Sep 4^th, 2024 at 9:07pm:



Australia's resources have been raped and pillaged by foreign powers.

Bobby. wrote on Sep 4^th, 2024 at 8:22pm:


Oh bobby.

Oh bobby.

Oh bobby.



Australians are fixated upon money, and gaining.

Bad.

Mammon = = wealth regarded as an evil influence or false object of worship (taken by medieval writers as the name of the devil of covetousness).



If only Australians were meditating, instead, upon integrity and, meditating upon the good character of God.

Then, Australia would be 'the lucky country', still.

You know that it is true.


.

"Blessed is the man that walketh not in the counsel of the ungodly, nor standeth in the way of sinners, nor sitteth in the seat of the scornful.
But his delight is in the law of the LORD; and in his law doth he meditate day and night."


"Blessed are the undefiled in the way, who walk in the law of the LORD."

Instead Australia, as a nation [and, as the whole world],
is circling the drain hole of history.

Not so?



A brave, wondrous new world, is ours, eh ?

Spin doctors.

Liars.

Not so?

Laugh till you cry wrote on Sep 4^th, 2024 at 9:13pm:



And the POMs.

https://theconversation.com/this-is-the-weakest-economy-outside-of-a-recession-h...





This is the weakest economy outside of a recession. Here’s what the GDP figures show

Published: September 4, 2024 4.06pm AEST


The latest national accounts show the Australian economy is struggling. It’s what you would expect after the sharpest series of interest rate rises on record, and is more or less what the Reserve Bank was trying to achieve to bring down inflation.

Australia’s gross domestic product grew just 0.2% in the three months to June, after growing 0.2% in the previous three months (upgraded from an earlier estimate of 0.1%) and 0.2% the three months before that.

So low is the run of low growth that the economy grew just 1% over the year to June. That’s the lowest annual growth outside of a recession since the mid-1980s.


https://datawrapper.dwcdn.net/lHo7n/full.png


We are not in recession as commonly defined: two consecutive quarters of negative growth. Nor are we in the broader definition of a recession favoured by the Reserve Bank, one accompanied by a significant increase in unemployment.

That is actually one of the positives at present – unemployment remains low. Nevertheless, it feels like a recession for many Australians.



Australians who oppose immigration might want to reflect on whether they would prefer a recession.

Public sector spending has also been shoring up the economy. It contributed 0.4 percentage points to the quarterly economic growth figure of 0.2%, meaning that without it the economy would have also gone backwards.

In the words of Treasurer Jim Chalmers at the national accounts press conference: