Australian (ASX) Stock Market Forum

The state of the economy at the street level

That's only because the pitch fork mob, haven't stopped talking about Trump since the election, it's a pretty good ploy really it saves them having to explain Biden and his weird presidency.
Let's be honest, the world is a much more stable place now, not. ?
Well the experiment with stupid didn't last and now with forget me not stitting wondering what the red button is for. Heaven help us all.
The bottom of the barrel has been scraped clean, but there is not much sign of anyone better in the wings at present.
 
Well the experiment with stupid didn't last and now with forget me not stitting wondering what the red button is for. Heaven help us all.
The bottom of the barrel has been scraped clean, but there is not much sign of anyone better in the wings at present.
Yes at the moment all Russia, China and North Korea have to worry about, is not making too much noise that it wakes Joe up. ?
I don't follow it but from the outside looking in, the whole place looks like it is just sleepwalking along like it was before, the only difference now is they are doing it without the orange headed obnoxious conductor. :wheniwasaboy:
 
Yes at the moment all Russia, China and North Korea have to worry about, is not making too much noise that it wakes Joe up. ?
I don't follow it but from the outside looking in, the whole place looks like it is just sleepwalking along like it was before, the only difference now is they are doing it without the orange headed obnoxious conductor. :wheniwasaboy:
November 2024 approacheth. ;)

Anything is possible in Retardistan.
 
Not really a laughing matter, more so a real worry. If what is peddled by th media is only half true about him, then it is a real worry. Sleepy Joe tread softly.
they will NOT tread softly

the major economies are is so much debt , that they NEED a major war as a distraction( scapegoat ) for the collapse that is coming ( to most nations ) they are so entangled in cross-party debt , they cannot stand the scrutiny of a proper forensic audit

Trump war or Biden war .. all wars are banker's wars , because wars run on debt
 
The biggest problem for the West is, they have very little manufacturing ability, they have very little steel production and steel fabrication ability, it has all been demolished.
The only country that has mass manufacturing, mass steel making, huge foundaries is China.
So how we are going to capitalise on intellectual property will be interesting, when you consider our educational standards are falling.
Australia is certainly an interesting place, it's amazingly rich because it is endowed with mineral wealth and a small population, yet the population thinks the wealth is due to the fact they are special.
I hope I'm here to see how that plays out.
 
The biggest problem for the West is, they have very little manufacturing ability, they have very little steel production and steel fabrication ability, it has all been demolished.
The only country that has mass manufacturing, mass steel making, huge foundaries is China.
So how we are going to capitalise on intellectual property will be interesting, when you consider our educational standards are falling.
Australia is certainly an interesting place, it's amazingly rich because it is endowed with mineral wealth and a small population, yet the population thinks the wealth is due to the fact they are special.
I hope I'm here to see how that plays out.
we are special , we have an excellent opportunity to learn and above average chance of surviving a major thermo-nuclear war ( at least in large enough numbers to restart a civilization )

will we learn from the insights gained ?
 
we are special , we have an excellent opportunity to learn and above average chance of surviving a major thermo-nuclear war ( at least in large enough numbers to restart a civilization )

will we learn from the insights gained ?
If we survive the nuclear winter. I did see one scenario whereby the effects may be largely confined to the Northern hemisphere.

But even if that is true, a whole bunch of us are going to starve the death as our economy relies on power and that ain't going to be around in any functional form.
 
there are power sources ( and more importantly heat sources ) in Australia , i expect the cities to face a fair bit of stress ( even if not nuked ) but we have rural communities and resources we could still support a population of more than a million people ( just maybe not in the way we are accustomed to , currently )
 
there are power sources ( and more importantly heat sources ) in Australia , i expect the cities to face a fair bit of stress ( even if not nuked ) but we have rural communities and resources we could still support a population of more than a million people ( just maybe not in the way we are accustomed to , currently )
1 in 25 is a bit grim though, especially as "we" (i hope) will be in pretty disparate locations.

I'm sceptical.
 
well you would imagine the health-care system would mostly collapse

the big impact would be imported medications compounded by unreliable ( or localized ) power grids

since Australia refines very little of it's oil/petroleum/diesel needs that will reduce long distance transport ( we still have a couple of steam trains )

a key factor will be the cohesion of a community ( rather than sheer size )

i would hope more than one million survive , but how many will survive a 'tree-change' ( in some cases back to the 1880's )

( again assuming Australia is struck by less than 10 nuclear weapons )
 
they will NOT tread softly

the major economies are is so much debt , that they NEED a major war as a distraction( scapegoat ) for the collapse that is coming ( to most nations ) they are so entangled in cross-party debt , they cannot stand the scrutiny of a proper forensic audit

Trump war or Biden war .. all wars are banker's wars , because wars run on debt
So sad but true and America is a country that is set to survove on a war somewhere in the world, their conflict or not.
 
The biggest problem for the West is, they have very little manufacturing ability, they have very little steel production and steel fabrication ability, it has all been demolished.
The only country that has mass manufacturing, mass steel making, huge foundaries is China.
So how we are going to capitalise on intellectual property will be interesting, when you consider our educational standards are falling.
Australia is certainly an interesting place, it's amazingly rich because it is endowed with mineral wealth and a small population, yet the population thinks the wealth is due to the fact they are special.
I hope I'm here to see how that plays out.
My hope is that the bum polishers in Canberra see a bright shining light and get industry up and running again. No country should be solely reliant on another for the mass production of anything.
China has already proved it can hold any country to ransome if it wishes.
A sad case of do as I say or else.........
 
On
Yes at the moment all Russia, China and North Korea have to worry about, is not making too much noise that it wakes Joe up. ?
I don't follow it but from the outside looking in, the whole place looks like it is just sleepwalking along like it was before, the only difference now is they are doing it without the orange headed obnoxious conductor. :wheniwasaboy:
can only hope that he and his misguided troupe of followers don't get the opportunity to be in th White House ever again.
 
My hope is that the bum polishers in Canberra see a bright shining light and get industry up and running again. No country should be solely reliant on another for the mass production of anything.
China has already proved it can hold any country to ransome if it wishes.
A sad case of do as I say or else.........
China was gifted that dominance by greedy people focused on reducing wage costs

sure it's population would have always insured it would become a major economy ( along with India )

but greedy short-termism has sown the fate of the West where not only don't we produce much but have let the real skills crumble into dusty theories , look how sanctions were going to crush Russia , Russian stuff might be crude but they can make a lot of it in their own factories with their own resources and workers
 
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