The future of Astraya

[Ald123]

There is this fictional country called Astraya.

The inhabitants sold their coal mines to the foreigner people who used to buy the coal from them at a higher price,
So the coal price will stabilise at a low price and new mines have no value except to those foreigners who will continue expanding and basically taking the coal for free. The foreigners will play the tax system to not pay tax and they will do everything cheaply because they want the coal for free.

This has been done with iron ore, gold and even more amazingly the Astrayans have let foreigners buy their best farms, their real estate and even their mortgages have been sold to foreigners.

So the astrayans goverment has to raise GST now because they are not making money from the foreign owned mortgages. The astrayan banks borrowed money from the Americanos Printing press that is churning out trillions and sending it around the world. The astrayans think their houses are so valuable that the 100s of percentages increases in property prices are deemed to be good value? They don't realise it's just cheap money that has been handed out without any control that has caused the property boom. It was not their own goverment lending it to the people and so now their own goverment has to raise GST as being bankrupt and with no future income form mortgages what else can they do?

The astrayans will have a few jobs but foreign workers are cheaper they come on visas.

The highly educated think they are insulated because nobody can do their jobs, you can send a factory to China but you can't send an engineer they smirk. Well how wrong are they. Already today most engineering and design is done overseas, because Astrayans are too expensive. The increased salaries required to pay the biggest mortgages in the world mean nobody wants to invest here.

So Astrayans will continue to sell anything they can to attract foreign money to stop the crash, and so they will sell everything and anything. And astrayans will tax and screw over other astrayans as much as they can to survive. This is the future. The young astrayans wil work hard for salaries that they will be told are the highest In The world but will hardly buy a shack .

Good luck Astraya

 

[Macquack]

Pretty much sums up the current state of the lucky country.

 

[qldfrog]

nicely put

 

[Ald123]

Tax the banks, not raising GST and disallow banks from charging fees.

Then we will see just how profitable they are and indeed how useful they are.

They don't invest in the country anyway. They just make money by taking the wealth from Australians buying mortgages. Their profits are sent overseas. Check the facts and see.

Banks are stealing the life energy of the young.
They are vampiring the very youth out of you.
They are taking every bit of Astraya innovation and crushing it, you can't do jack paying off loans.
Astrayans must own their own money and own their own start ups. That 4 trillion personal debt must be vanquished for Australia to begin to breathe. It's suffocating under the weight of all the repayments and high rents.

 

[Tisme]

Pretty much sums up the current state of the lucky country.

Yes it doesn't seem to have budged since I can remember (although there was a hiatus in the eighties when WA Inc did something) ... still lacks innovation, lacks enterprise, lacks clever, lacks good govt, has a bloated public service with bloated pay and conditions, no value add to speak of, etc .... lucky is the operative word.

We waste an educated population by employing them in girl friday occupations and pay them princely for the effort (or lack of), we have quota systems to make sure meritorious nous doesn't spoil the chances of the disadvantaged, we still have the govt insistence of permits and licences with no one policing breaches, we have the same old political divides grounded in the colonial days and mother England, ..

the only progress of note I can think of is that we lost our leisure time and our weekends to retailers and have become so averse to manual work we are going to import kanakas and coolies again.

We have come a long way since the 888 days .....160 years since Moomba became Labor Day to celebrate union inspired 8 hours to work, 8 hours for recreation and 8 hours to sleep.

 

[luutzu]

Tax the banks, not raising GST and disallow banks from charging fees.

Then we will see just how profitable they are and indeed how useful they are.

They don't invest in the country anyway. They just make money by taking the wealth from Australians buying mortgages. Their profits are sent overseas. Check the facts and see.

Banks are stealing the life energy of the young.
They are vampiring the very youth out of you.
They are taking every bit of Astraya innovation and crushing it, you can't do jack paying off loans.
Astrayans must own their own money and own their own start ups. That 4 trillion personal debt must be vanquished for Australia to begin to breathe. It's suffocating under the weight of all the repayments and high rents.

But if you tax the banks, they will fire more aussies, pass on the costs to all Australians, and make the mum and dad investors poorer. Why do you want to hurt every day Australians like that?

It's funny how all policies to help the economy mean making big corps. richer, easier to do business (more "competitive"), cut all red tapes etc.; but at the same time, the same aim mean workers shouldn't get pay so much; they're made easier to hire and fire; and they ought to be taxed more for their work while those with investments and savings shouldn't be taxed because they do not at all use those money to speculate nor do they splurge it overseas on $20k handbags or something.

I know a few people earning over $100K a year and they couldn't afford a house, maybe a flat but forget a house. If they have a partner who also work, maybe a small run-down fibro. And the working folks I know, with both partners working could only managed a flat because they borrowed their aunt or parent's money and have to really tighten belts to pay the banks and the relative.

With the Transpacific Partnership... I heard that companies can bring workers from overseas and pay the same wage those workers were paid back in their home country.

So costs of medicine will go up, costs of everything will be up with GST hike, wages will go down, and we're going to be 'right mate.

 

[trainspotter]

Cry me a river ...

 

[luutzu]

Cry me a river ...

That's not a solution to the drought, nor will it solve climate change, either.

 

[Ald123]

Then I realised that Astrayans don't care
And then I stopped wasting my time
It will become whatever it is to become

Wake me up to switch of the lights for you

 

[Smurf1976]

In hindsight, I now realise very clearly that the predecessors of what is now the Greens understood this was coming back in the 1970's.

There was no point worrying about how to provide lots of power to run factories if no more factories were going to be built anyway and most of what we already had would close over the coming years. They hit the nail on the head there although very few understood or accepted that reality until it had become so obvious as to be undeniable.

I'm not blaming the Greens for the situation. They haven't been in majority government at any point and most of the time haven't even held the balance of power. They've killed off a couple of industries here and there yes, but the other 99% were doomed years ago by economic circumstances way beyond the influence of a relatively minor political party and it's supporters. The unions aren't the whole problem either, not by a long shot, although they've hastened what was inevitable.

It's our national obsession with the short term and the outsourcing of any form of critical thinking and long term planning to "the free market" that's killing us. Short term greed, long term pain.

 

[Macquack]

In hindsight, I now realise very clearly that the predecessors of what is now the Greens understood this was coming back in the 1970's.

There was no point worrying about how to provide lots of power to run factories if no more factories were going to be built anyway and most of what we already had would close over the coming years. They hit the nail on the head there although very few understood or accepted that reality until it had become so obvious as to be undeniable.

I'm not blaming the Greens for the situation. They haven't been in majority government at any point and most of the time haven't even held the balance of power. They've killed off a couple of industries here and there yes, but the other 99% were doomed years ago by economic circumstances way beyond the influence of a relatively minor political party and it's supporters. The unions aren't the whole problem either, not by a long shot, although they've hastened what was inevitable.

It's our national obsession with the short term and the outsourcing of any form of critical thinking and long term planning to "the free market" that's killing us. Short term greed, long term pain.

When are you Smurf going to stand for political office? I for one will vote for you.

The other day, I was thinking of the best contributors to ASF ( and there are plenty of great posters here). But today I am giving my vote to Smurf because of his track record and I like a man that understands "nuts and bolts". Since the passing of "Julia" you have in my mind taken over the mantle of the objective voice of reason on ASF.

 

[SirRumpole]

When are you Smurf going to stand for political office? I for one will vote for you.

The other day, I was thinking of the best contributors to ASF ( and there are plenty of great posters here). But today I am giving my vote to Smurf because of his track record and I like a man that understands "nuts and bolts". Since the passing of "Julia" you have in my mind taken over the mantle of the objective voice of reason on ASF.

Anyone who opposes the senseless privatisation of what should be government services is ok by me.

 

[Tisme]

Then I realised that Astrayans don't care
And then I stopped wasting my time
It will become whatever it is to become

Wake me up to switch of the lights for you

I don't think they ever cared except to put food and water on the table. We were never a wealthy lot.

I recall my Social Studies teachings in WA; we didn't have any heavy industry to speak of even in the fifties. Everything was service, maintenance, wheat, sheep, banking, retail and public servants. One wag coined the term a "Milk Bar Economy" and that was pretty much where we've stayed as far as I can see.

Poor old Queensland wasn't allowed to industrialise because it was so vulnerable to be swallowed up by the yellow peril, as if to say NSW could hold back a 6 million strong army of armed to the teeth barbarians.

 

[Ald123]

Astraya has stopped manufacturing anything, the young women become real estate agents, property managers or prostitutes. the young men become tradies, car dealers or real estate agents. They spur the economy by the combination of building new homes, dropping interest rates, speeding up housing approvals, dropping lending standards and letting immigrants in who have to have $20k to enter the border gate. These are skills that Astrayans can't have because everyone drops out at year 10 and takes ten years to obtain what an educated immigrant acquired 8 years earlier by staying in school and doing their apprenticeship or uni overseas.

In the end the biggest economic activity ends up being real estate. Banking and mining profits are exported back overseas and the Astrayans are just useful idiots in a colony. Idiots Living in million dollar houses that are old, cold and very rubbish, in a mortgage hell personal DEBT SITUATION (4 trillion dollars) that the banks and lords of Londony deliberately created so that the Astrayans can pay huge interest to them in perpetuity because Astrayans are just too plain stupid to see and understand that they are literally DESTROYNG their own children's futures.

The liblab party they always vote for will continue screwing them over and yet they will still go and vote for them how dumb dumb dumb can you be. It's like being bitten by a dog and going back for more.

The Astrayans dream is to have kids and kick them out the house at 16 or by the latest 18 and that's kids who keep saying the word like, as a replacement for their limited vocabulary. " I like went to my friends place and we like kind of like hung around until we like go bored so we like had a few beers and like got Sheila to like gives us what we like and we gave her a beer and she was like so thrilled."

All that's going to happen to the Astrayans is that more women will become prostitutes and the price of sex will drop as that industry takes off. Because even real estate will finally crash as with falling wages all that will happen is foreigners will buy everything and eventually Astrayans will be breed out.

 

[SirRumpole]

It's our national obsession with the short term and the outsourcing of any form of critical thinking and long term planning to "the free market" that's killing us. Short term greed, long term pain.

Sorry to be political but we will see where Astrayans want to go at this election.

IMO Labor has put up a good long term plan, cutting at middle class welfare like Negative gearing and Family tax payments for households earning over $100k pa and concentrating on skills improvement via better education, although I believe there should be more planning on what skills we as taxpayers finance the most, ie those that are in short supply.

In contrast the only thing that the LNP proposes is a money grab by business, with most commentators agreeing that it will deliver only a very small benefit and not for a long time. The LNP has yet to show where they will save money to pay for their business tax cut of $50 billion over 10 years. The usual LNP areas to be cut by the LNP are health and education as if we didn't know.

The main theme running through this thread is that we are not smart enough to face the future and adapt to it.

In that case if we fail to invest in education then we have proved that proposition to be true.

 

[qldfrog]

Sorry to be political but we will see where Astrayans want to go at this election.

IMO Labor has put up a good long term plan, cutting at middle class welfare like Negative gearing and Family tax payments for households earning over $100k pa and concentrating on skills improvement via better education, although I believe there should be more planning on what skills we as taxpayers finance the most, ie those that are in short supply.

In contrast the only thing that the LNP proposes is a money grab by business, with most commentators agreeing that it will deliver only a very small benefit and not for a long time. The LNP has yet to show where they will save money to pay for their business tax cut of $50 billion over 10 years. The usual LNP areas to be cut by the LNP are health and education as if we didn't know.

The main theme running through this thread is that we are not smart enough to face the future and adapt to it.

In that case if we fail to invest in education then we have proved that proposition to be true.

On the other end, and as a startup player, Thurnbull is the only one who has any clue as to what building company is and what technologies are.Not to say that the party behind is in line, but at least, as an individual, he has some clues, as for labour managing any money and being good at anything but class warfare of the nastier type, in your dream.
Have a quick study at France, its socialist party which matches the ALP quite well, its policies and history you will find labour, with a 20y delay..and the results are catastrophics.
I do have no hope for this election, the australian psyche and entitlement spirit and my main worry is that unless i spoil my ballot, my vote will be counted in either of the two buckets.
Maybe ALP would be good in precipitating a deep recession, a recession we need to have as no other mean seems to put the priorities right in this country in the last 10 years.
How much is acreage in New Zealand south island?

 

[SirRumpole]

On the other end, and as a startup player, Thurnbull is the only one who has any clue as to what building company is and what technologies are.

After the stuffup called the NBN ? All Turnbull's doing.

If it had been done with fibre it would have taken longer but also lasted longer, that's called value for money.

Turnbull has a clue about technology ?

As you say, in your dream.

 

[Tisme]

I wonder if we can sell something out of the ground to the future industries; or maybe we sell our entrenched risk aversion to Microsoft?


Goldman Sachs:

http://www.goldmansachs.com/our-thi...insights-folder/what-if-i-told-you/report.pdf

Robert Goldman:

https://thefarmingforum.co.uk/index.php?threads/dr-robert-goldman-future-predictions.122536/

 

[sptrawler]

Or maybe we can find a way to blame someone else for our situation.

http://www.theage.com.au/victoria/d...ed-teenagers-fatal-crash-20160719-gq91d3.html

There is always two sides to a story, it isn't always our fault.

 

[SirRumpole]

Another resource boom wasted.

LNG boom turns to bust as falling oil price hits exports

http://www.abc.net.au/news/2016-07-21/lng-gas-bust-slashes-tax-revenues/7649336