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The state of the economy at the street level
- Thread starter Tyler Durden
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Greece has sponged euro from the EU, no such thing here so Argentina is our future
Resources, agriculture,smaller population and an economic disaster for the last 50y
We have China. So we will probably end up debt add slaves
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Yeap Argentina sold out to the states, we will sell ourselves to the new masters
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Like I said in an old thread I started, 'should we sell W.A to China', it now looks like it might have been a good idea, at least we could have charged a lot for it.
The way the market is going, it won't be long before they will be able to pick it up for loose change.
The way the market is going, it won't be long before they will be able to pick it up for loose change.
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Like I said in an old thread I started, 'should we sell W.A to China', it now looks like it might have been a good idea, at least we could have charged a lot for it.
The way the market is going, it won't be long before they will be able to pick it up for loose change.
Do you seriously believe China is in such a great situation ? They basically closed down the country for 10 weeks. They are trying to get back in business but the COVID virus is still flaring up. I'm certain their banking system is under enormous strain.
Now of course the rest of the world which, until a few months bought everything they made, is grinding to a halt and threatening to completely collapse. That is the market for all the stuff they make.
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See your are also a sell out to the CCP.
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I tell you what Bas, you check out our GDP and check out China's, they could buy us with left over U.S treasury bonds FFS.
I remember reading before this virus started that China had cut back spending on rail infrastructure, to the least they had spent in 20 years $64billion U.S.
They could buy Australia with loose change, the problem we have have is little man syndrome, we think we are much more important than we actually are.
Where else are we going to buy the $hit from, they have all our manufacturing, remember Trump the dick wanted to return a lot of it back to the U.S.
We maybe could have jumped on his shirt tails and had some returned here, but no the chanters now have a love affair with China. Priceless
I tell you what Bas, you check out our GDP and check out China's, they could buy us with left over U.S treasury bonds FFS.
I remember reading before this virus started that China had cut back spending on rail infrastructure, to the least they had spent in 20 years $64billion U.S.
They could buy Australia with loose change, the problem we have have is little man syndrome, we think we are much more important than we actually are.
Where else are we going to buy the $hit from, they have all our manufacturing, remember Trump the dick wanted to return a lot of it back to the U.S.
We maybe could have jumped on his shirt tails and had some returned here, but no the chanters now have a love affair with China. Priceless
The mob you voted for are running the show and have been for some time
Look in the mirror Homer.....you’ll see a bloke chanting
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I tell you what Humid, it is your lot that have a love affair for China, read up a bit before you chuck bricks mate.
Don't start throwing $hit, at a fan that is blowing toward you.
I tell you what Humid, it is your lot that have a love affair for China, read up a bit before you chuck bricks mate.
Don't start throwing $hit, at a fan that is blowing toward you.
Where’s the fan made Homer?
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What is that supposed to mean ?
My observation was simply that the Chinese economy and social system is under a huge amount of stress. At this stage they have had to cope with 3 months of a largely closed economy.
We currently stand at 3 weeks....
Clearly every country in the world is facing a concurrent crisis. What is the point in taking aggressive/hostile stands against China or Cuba or Iran or Venezuela ? Do we we want to add a shooting war to the current disasters ? Do we want to trigger a trade war or currency runs ? Why not throw in some cyber warfare, poisonous disinformation campaigns perhaps some selective "accidents" ?
I'm just wondering. What is the point or value of beating hostility drums in this time of extreme stress?
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Definitely not in Australia.
One of my mates always reminds me of a time we were walking along, I said how the F#$k can they make a fan with a 250v plug on it and sell it for $7.50, when you pay $5 for a 250v plug top in Bunnings.
They are charging FA for the motor, the raw materials, the transport of the raw materials, the transport of the product and the labour, this isn't sustainable.
Well IMO, China has done a great rope the dope trick, on the west.
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Hostility I see no benefit in whatsoever. That said:
1. The issue of these wet markets must be sorted without delay. Taking China's official version of events as the the truth, in continuing with these markets they are basically endangering literally the entire planet's human population. They've already caused more harm than any dodgy nuclear reactors in Russia or any of Kim Jong Un's missiles that he likes to parade around. They simply cannot be allowed to continue.
2. Australia and other countries need to learn the lesson that relying on a single foreign supplier of essential goods is not a wise strategy no matter what the price.
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We used to make fans in Australia.
Apart from the notorious Mistral Gyro Aire which was pure evil with the end result being multiple fatalities, there were also some decent ones produced back when most manufactured items were locally made.
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Fascinating !! Quick check came up with this precis of how dangerous and how criminal the company was..
https://www.coursehero.com/file/p1t...hildren-were-killed-in-a-house-fire-The-fire/
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Maybe the "cost" for the plug top is suss?
It is amazing how cheaply China can make stuff. We of course just buy it up use it for a few weeks and then it all goes into the tip.
That really can't go on can it ? Even if the entire economic system is based on making more and more stuff, selling it and then replacing it ?
Do it once do it right.
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