Australian (ASX) Stock Market Forum

The Great Reset

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Smurf1976 said:
There are exceptions as with most things.

Germany still has significant manufacturing and it's not a coincidence that Germany is the economically strong country propping up the EU overall.

It's not just the jobs bit, it's that taking low value raw materials and turning them into a higher value product brings real money into the country. With every shipping container that goes out with whatever product in it, money comes in.

In the Australian context well Adelaide and Melbourne in particular were built on the back of manufacturing but it wasn't confined to those cities by any means. A generation ago pretty much every tradesman and handyman in the country had screwdrivers which looked exactly like these:

View attachment 150140

Look closely at the handles.

Factory was in the northern suburbs of Hobart with the same company manufacturing other tools in other states.

No doubt it was noisy and unglamorous but ultimately it gave reasonably well paid work that no longer exists in this country. However many people were employed to make screwdrivers and stick them in boxes which were shipped across Bass Strait there's a lot fewer employed to just unload a shipping container of imported products that turns up from China. Meanwhile the money goes straight overseas.

Then there's the supply chain to make it happen. Even for a really simple product like hand tools there's steel, plastics, logistics and even cardboard boxes and printing. And of course there's the upstream supply chain for those industries too.

Now my point there isn't political, it's just economics. As a society, we can't get rich delivering food and our current standard of living is on borrowed money and borrowed time. A "reset" of sorts is inevitable for all countries in that situation - the present economy is simply not sustainable. :2twocents
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Those Stanley's came as a set in a hinged plastic carry case. Just about everyone had one or like me, one in the work ute and another in the shed. Cost was approx. $20 +/- a few bucks.
The straight through steel shank of the big flat blade was very handy.

I note we can still buy this set with the case.
 
divs4ever said:
and the trend to power tools only makes the problem much worse

( hint DON'T throw away that old stuff granddad owned )
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Many a time on worksites with no battery tools, electricity or generator and hence to electrical power, hand tools like my bit and brace and hand drill ruled supreme.
Jack hammer?
Yep, hammer and tap.
Yep, still got 'em.
 
Craton said:
Many a time on worksites with no battery tools, electricity or generator and hence to electrical power, hand tools like my bit and brace and hand drill ruled supreme.
Jack hammer?
Yep, hammer and tap.
Yep, still got 'em.
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Most of I work my work is LPG forge anvil and hand tools.

But I still have this to run my electric tools when needed, I can work in the middle of a hundred acre paddock with no power within Cooee.

It's the Ducks Nuts.

IMG20221206165018.jpg
 
Craton said:
Nah, about a 1/4 to a 1/5 as per Repco.
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That machine hasn't got the surge capacity to start my multi-tool and will trip out if I a few things running on my rig. (The Bluetti has 4kw of surge) Additionally you have to buy and carry petrol around, and service the damn thing every three months. Plus I'm breathing in exhaust fumes because I certainly am not going to take it out of my rig and set it away every time I want to use it.

Also those cheap machines do not last under tradesman conditions, not for a farrier anyway. It's a couple of ks for quality machine.

I was running a 3 kW PSW generator in my rig. It started and ran everything perfectly fine, but still has many of the above issues.

... And it's always great for your mood when the pull cord breaks on you.

The other issue is a lot of the usage is very short term, like 2-5 min. Machine is hardly having time to warm up at all and this shortens the useful life of them dramatically.

For my particular application, it's perfect even if just a tad more expensive.

And don't forget all of our tools are expensive. Just the seven hammers in my rig add up to nearly that and you can quadruple that for all the other hand tools tools I carry.

On the grand scale of things for what it does for me it is not very expensive at all.
 
moXJO said:
This probably sums it up.
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Confiscation of assets of the just rich and middle class to the profit of the uber rich under the disguise of social equity.
What most of the woke left does not understand is that it is on a global world basis.
So your minimal wage western workforce is the world middle class and so will be decimated as much as obviously the labour and teal voters on 100k a year blaming the neo capitalists and voting for the Macron, Trudeau and local ALP /watermelons of the world.
They will be fxxxcked too, our whole country and democratic model will, as will the welfare recipients here but i have no satisfaction in that..
 
wayneL said:
That machine hasn't got the surge capacity to start my multi-tool and will trip out if I a few things running on my rig. (The Bluetti has 4kw of surge) Additionally you have to buy and carry petrol around, and service the damn thing every three months. Plus I'm breathing in exhaust fumes because I certainly am not going to take it out of my rig and set it away every time I want to use it.

Also those cheap machines do not last under tradesman conditions, not for a farrier anyway. It's a couple of ks for quality machine.

I was running a 3 kW PSW generator in my rig. It started and ran everything perfectly fine, but still has many of the above issues.

... And it's always great for your mood when the pull cord breaks on you.

The other issue is a lot of the usage is very short term, like 2-5 min. Machine is hardly having time to warm up at all and this shortens the useful life of them dramatically.

For my particular application, it's perfect even if just a tad more expensive.

And don't forget all of our tools are expensive. Just the seven hammers in my rig add up to nearly that and you can quadruple that for all the other hand tools tools I carry.

On the grand scale of things for what it does for me it is not very expensive at all.
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Yes, I can see lots of advantages with the Bluetti and for a working professional, a very good choice.

Run time and power overhead would be my biggest concern with any of those choices. However, I've changed careers so running power tools (jack hammers/hammer-core drills/drain cleaners/cement mixers etc) for extended periods of time is a non issue.

Glad the Bluetti suits your needs and thanks for sharing your real world info.
 
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