Australian (ASX) Stock Market Forum

New economic stimulus plan

Imagine if the goverment actually put the $10B into renewable energy infrastructure,... maybe putting up to $7000 for solar elcetricity and hot water on all new homes built.
 
With the financial markets again heading for turmoil overnight, we need a new Economic Stimulus Plan, say Part "B"?.

Yeah. I reckon another $12BillionBananaBucks before Chrissy should keep the natives happy! It's always more fun when you break open the Piggy Bank to grab ALL the loose change to buy lollies rather than leave a few rusty pennies behind..... :bananasmi
 
Rudd - Swanny mate what are we gunna do now the place is r***@ed

Swann - Buggered if I know Ruddy, I'm as thick as 2 bricks, hey can I go overseas again ? I love room service at those big hotels.

Rudd - No way Swanny it's my turn next time, the wife has already got the trip planned, trying to make it look legit isn't easy, like trying to find a conference in Hawaii or a talk fest in Italy.
Besides I want to be out of the country when it all hits the fan, you can cover for me Swanny, I'll dob you in for party leader when they realise I'm a useless drama queen who only likes the limelight, you can then go on to be PM while the wife and I dine out on my taxpayer funded super for the rest of our lives.

It's pretty good here in Oz Swanny if it wasn't for those whining voters expecting me to fix their problems.

Pass the caviar Swanny, I've run out and I've still got some Champers left.
 
Rudd - Swanny mate what are we gunna do now the place is r***@ed

Swann - Buggered if I know Ruddy, I'm as thick as 2 bricks, hey can I go overseas again ? I love room service at those big hotels.

Rudd - No way Swanny it's my turn next time, the wife has already got the trip planned, trying to make it look legit isn't easy, like trying to find a conference in Hawaii or a talk fest in Italy.
Besides I want to be out of the country when it all hits the fan, you can cover for me Swanny, I'll dob you in for party leader when they realise I'm a useless drama queen who only likes the limelight, you can then go on to be PM while the wife and I dine out on my taxpayer funded super for the rest of our lives.

It's pretty good here in Oz Swanny if it wasn't for those whining voters expecting me to fix their problems.

Pass the caviar Swanny, I've run out and I've still got some Champers left.

*chuckle*

:)
 
Imagine if the goverment actually put the $10B into renewable energy infrastructure,... maybe putting up to $7000 for solar elcetricity and hot water on all new homes built.
Better than the solar electric panels on houses would be simply building a large scale solar thermal or geothermal power plant. A new industry that cuts far more CO2 per dollar invested than panels on roofs and it has the potential to feed major industry and boost the economy in the long term.

I note that building major energy infrastructure is the way Tasmania has always worked its way out of economic trouble. An idea that arose during WW1, it was scaled up big time in the 1930's depression and again after WW2 through to the early 1980's. And it was again used at the beginning of this decade after years of economic doom and gloom. So the concept is proven in one state at least.

Given the oil and climate issues, I'l go as far as to predict that the world as a whole will eventually get out of this mess substantially on the back of a new growth industry - that being renewable energy. It's the most obvious potential growth industry, the next big thing, in my opinion.
 
I note that building major energy infrastructure is the way Tasmania has always worked its way out of economic trouble. An idea that arose during WW1, it was scaled up big time in the 1930's depression and again after WW2 through to the early 1980's. And it was again used at the beginning of this decade after years of economic doom and gloom. So the concept is proven in one state at least.

Given the oil and climate issues, I'l go as far as to predict that the world as a whole will eventually get out of this mess substantially on the back of a new growth industry - that being renewable energy. It's the most obvious potential growth industry, the next big thing, in my opinion.

Maybe they are waiting till we are all jobless so they can get cheap labour to build it.
 
Better than the solar electric panels on houses would be simply building a large scale solar thermal or geothermal power plant. A new industry that cuts far more CO2 per dollar invested than panels on roofs and it has the potential to feed major industry and boost the economy in the long term.



Exactly, every individual home if installs greed back-feeding solar panels has to have about $5,000 gadgets to do that.

Building large-scale plant would greatly reduce this part of the project, giving bigger bung for bucks.
 
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