but the death of the middle class ( normally ) brings down the entire civilizationIt's been interesting that the "conspiracy theorists" have been warning of a campaign to get rid of the middle class for several years now.
...and then, an Adecco like this comes out on mainstream news. Is yet another conspiracy theory coming true?
What gets me the most is that they thought investors would become a charity overnight.And we kind of forget the fact that taxes are getting higher and higher..
If you let a socialist globalist WEF takes over, we will all end up nation less on UI, poor , owning nothing, using uber EVs, and eating tofu and crickets for the benefit of the ultra elite.
If people still vote labour and do not want to open their eyes on the EU precedents, we get what we deserve...
Not that the tradition dual party right is any different, just slightly slower in the target.
But let's blame it on housing CGT, negative gearing and IP...LOL
Usually the middle class are those that have worked up the food chain, when that effort is stripped down, there is a disenfranchised workforce.but the death of the middle class ( normally ) brings down the entire civilization
the middle-class become 'the meat in the sandwich ' or the glue that keeps a social structure working
but maybe this time it's different
( the middle-class understand the system's workings ,pushing them into the disgruntled masses , gives them strategists and planners )
Perhaps the greatly taxed Middle Class will unfortunately one day join the forever growing queue of the unwashed.Usually the middle class are those that have worked up the food chain, when that effort is stripped down, there is a disenfranchised workforce.
history suggests they might join the 'unwashed' but they add information to the 'unhappy ' , so 'forever' may only last decades rather than centuriesPerhaps the greatly taxed Middle Class will unfortunately one day join the forever growing queue of the unwashed.
Not a happy scenario though.history suggests they might join the 'unwashed' but they add information to the 'unhappy ' , so 'forever' may only last decades rather than centuries
well history suggests that is the cycle , maybe it will be different this time , but history has a habit of rhymingNot a happy scenario though.
.... so heroin and not another closely related prescription opiate ??Interesting article on drug preferences across Australia.
Which Australian city consumes the most cocaine? A new report exposes the country's drug habits
The Australian Criminal Intelligence Commission's latest wastewater drug use report sheds light on how the illicit drug market varies across the country.www.abc.net.au
I had a need to go to Office Works and Bunnings in Midland this afternoon.Shops like grocery stores full of customers lately.
Bunnings has been pretty solid.
Restaurant has been taking in some big numbers.
It seems to be heating up in some areas.
And we had high tea as a family Saturday: eating for the countryI bought a new Sports Jacket on Saturday.
Mick
Is that to go with the Sports car Mick?I bought a new Sports Jacket on Saturday.
Mick
Mr Frog Not too sure about people not spending. The shops seem to have plenty of people in and around, or perhaps it's that I jag the time when their are at their busiest.And we had high tea as a family Saturday: eating for the country
Joke aside, people are moving around but not sure if they are spending much .did not seem to last week on the Thursday night shopping at Sunshine plaza (sunny coast)
wait until investors decline to invest in that area , i know two landlords already reducing their portfolios due to increased regulation/compliance costs , i assume one negative gears ( a former accounting chain owner ) and not sure on the otherSupport for changes to negative gearing
Most Australians are open to winding back tax handouts for property investors, with less than a quarter supporting the status quo, according to a new poll commissioned by Everybody’s Home.
The spread between yields and interest rates would be scaring of many who have a grasp of maths . I think property as a whole is due for a decade long stagnation like the 90's . When it becomes obvious capital gains above interest rates is not very likely the rush to the door will get busier . Not many seem aware the 40 yr downtrend in US bond yields ( and most everywhere else) has now broken to the upside . i fear a 70s type scenario is potentially upon us . If ever there was a time for property permabears to be right for an extended time , it's soon in my eyes . Fwiw i will be selling into what i see as a longterm high in property appreciation . We live in interesting timewait until investors decline to invest in that area , i know two landlords already reducing their portfolios due to increased regulation/compliance costs , i assume one negative gears ( a former accounting chain owner ) and not sure on the other
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