Play Nice Random Chat Thread: Episode III

[Hojuman]

Is his whiskey any good lol
If not I don’t blame old mate for refusing a glass but it seems Connor doesn’t like being told No

Just thinkin' Taz, can he play tennis ?

 

[Hojuman]

Hong Kong's richest man takes out full page newspaper ads calling for calm;

" people, l am losing $$$ millions each day. Won't someone think of the poor children......"

 

[SpiderBurton22]

Most people on this website probably don't care about cash and what it means.

I do.

Cash is what let's me come back from a massive boys weekend and tell the missus "Yeah, it was pretty low key.".

Bloody shared bank accounts.

 

[Snake_Baker]

The ramifications of this is still not being understood by folks. It's not just about cash and your personal choices to store it yourself. This is all about forced consumerism in order to navigate around the global financial bubble.

You are going to be FORCED to spend. Think about the flow on effects of this. Government and banks will have TOTAL control over your spending...........and your saving.

 

[SpiderBurton22]

The ramifications of this is still not being understood by folks. It's not just about cash and your personal choices to store it yourself. This is all about forced consumerism in order to navigate around the global financial bubble.

You are going to be FORCED to spend. Think about the flow on effects of this. Government and banks will have TOTAL control over your spending.

No shit, I was having a bit of fun.

 

[Themanbun]

The ramifications of this is still not being understood by folks. It's not just about cash and your personal choices to store it yourself. This is all about forced consumerism in order to navigate around the global financial bubble.

You are going to be FORCED to spend. Think about the flow on effects of this. Government and banks will have TOTAL control over your spending...........and your saving.

I imagine that the next bust of this ridiculous boom-bust cycle is gonna be a big one. Possibly the biggest we've ever seen, at least since the Great Depression. '08 was just a taste.

 

[Snake_Baker]

I imagine that the next bust of this ridiculous boom-bust cycle is gonna be a big one. Possibly the biggest we've ever seen, at least since the Great Depression. '08 was just a taste.

Indeed.

All of this is designed to steer around it, I am not engaging in some big brother tin foil hat rant here.

People involved in "voodoo" employment would be wise to set themselves up in essential industries right now, because the non essential woo-woo jobs will be the first to go. Cash is going to be phased out and controlled consumer spending is going to be the mechanism utilised. The shrinking of the cash pool starts in January.

First and foremost, as I have always stated, become as independent from the sytem as you possibly can..........NOW.

 

[Themanbun]

Indeed.

All of this is designed to steer around it, I am not engaging some big brother tin foil hat rant here.

People involved in "voodoo" employment would be wise to set themselves up in essential industries right now, because the non essential woo-woo jobs will be the first to go. Cash is going to be phased out and controlled consumer spending is going to be the mechanism utilised.

Worth noting as well that there's serious chatter from the coalition and their lobby groups about a reversion to WorkChoices and a weakening of unfair dismissal laws. No redundancy packages needed if unfair dismissal exemptions come in.

Convenient timing when the mass layoffs occur. This could be huge.

 

[Snake_Baker]

Worth noting as well that there's serious chatter from the coalition and their lobby groups about a reversion to WorkChoices and a weakening of unfair dismissal laws. No redundancy packages needed if unfair dismissal exemptions come in.

Convenient timing when the mass layoffs occur. This could be huge.

Nice pick up.

The stage is being set right now.

I hope folks go through all the clips & links I provided and properly digest them.

 

[ferball]

Trump: "I think I might buy Greenland. I could buy Greenland if I wanted to. It would be the biggest island-buying ever, in the history of the world. The biggest. No one has ever bought Greenland, but I could buy it."

Greenland: "Umm, we're not for sale..."

Unlike Trump.

 

[ferball]

The ramifications of this is still not being understood by folks. It's not just about cash and your personal choices to store it yourself. This is all about forced consumerism in order to navigate around the global financial bubble.

You are going to be FORCED to spend. Think about the flow on effects of this. Government and banks will have TOTAL control over your spending...........and your saving.

Most people don't actually have money to spend any more.

And that's without cash. None of these things are set in stone yet. They are all preventable if people get organised.

 

[Del191229]

I imagine that the next bust of this ridiculous boom-bust cycle is gonna be a big one. Possibly the biggest we've ever seen, at least since the Great Depression. '08 was just a taste.

Correct weight - on '08 we could have gone oh wow a credit driven consumerist neo-liberal model doesn't work after all, look, it just fell apart before our eyes.

Instead they just patched it up and turned the credit up to turbo to keep the jalopy skidding along the road for another decade.

Its still coming off and hitting a tree and totally though, and I'd say that crash has already begun. The '08 crash began in early '07, or even '06.

 

[Del191229]

Worth noting as well that there's serious chatter from the coalition and their lobby groups about a reversion to WorkChoices and a weakening of unfair dismissal laws. No redundancy packages needed if unfair dismissal exemptions come in.

Convenient timing when the mass layoffs occur. This could be huge.

Won't happen, Morrison is many things but he's not suicidal. It's just some newly minted backbenchers.

The key though is that they won't raise Newstart - when the layoffs occur that'll be huge.

 

[Del191229]

Indeed.

All of this is designed to steer around it, I am not engaging in some big brother tin foil hat rant here.

People involved in "voodoo" employment would be wise to set themselves up in essential industries right now, because the non essential woo-woo jobs will be the first to go. Cash is going to be phased out and controlled consumer spending is going to be the mechanism utilised. The shrinking of the cash pool starts in January.

First and foremost, as I have always stated, become as independent from the sytem as you possibly can..........NOW.

Out of interest, what do you define those as? And what are the woo-woo jobs?

There certainly are huge numbers of woo-woo or bullshit jobs.

 

[Snake_Baker]

The key though is that they won't raise Newstart - when the layoffs occur that'll be huge.

..........and THIS runs contra to their economic stimulus philosophies!!!!!!!

RBA boss says raising Newstart more effective than tax cuts for the wealthy

RBA Governor Philip Lowe supports an increase in Newstart to boost the economy. Source: AAP

Reserve Bank of Australia Governor Philip Lowe says despite growth being revised down for 2019, there are signs the economy has reached a "turning point".

Labor MP Alicia Payne questioned whether tax cuts for the wealthy or raising unemployment benefits would have a bigger economic benefit. "In the short run I think you get more stimulus from giving money to people who have a high propensity to spend that money so that's obviously lower income people, so in the short run I think the answer to that is pretty clear," Dr Lowe told the committee.

Looking at the longer term was more complicated, he said.

"We've got to think about the incentives for work and innovation and reward. It may be in the longer run having low tax rate on people who earn higher income either through entrepreneurship or other reasons actually stimulates more growth in the economy so everyone can be better off."

It's not the first time Dr Lowe has publicly backed an increase to the $277-a-week Newstart payment, but he stopped short of calling on the government to raise the amount by $75 as welfare groups are demanding. "Increased spending there would see greater spending in the economy, but it's a balance. The government has to decide where best to spend its scarce resources."

Dr Lowe used the hearing to outline an optimistic view of Australia's economy declaring the nation may have reached a "gentle turning point", paving the way for growth to pick up again next year. But Dr Lowe again reminded governments there is more they could do to get the economy moving, as uncertainty borne of global trade tensions continues to swirl. The central bank this week revised down its growth forecast for 2019, from 2.75 per cent to 2.5 per cent.

RBA boss says raising Newstart more effective than tax cuts for the wealthy

Reserve Bank of Australia Governor Philip Lowe says despite growth being revised down for 2019, there are signs the economy has reached a "turning point".

www.sbs.com.au

 

[Themanbun]

Won't happen, Morrison is many things but he's not suicidal. It's just some newly minted backbenchers.

The key though is that they won't raise Newstart - when the layoffs occur that'll be huge.

Agreed on the second point. We will wait and see on the first.

 

[Snake_Baker]

Out of interest, what do you define those as? And what are the woo-woo jobs?

There certainly are huge numbers of woo-woo or bulls**t jobs.

Non essential and luxury industries.

Tourism, broad range consumer luxuries, intensive government spending programs (Dan Andrews & roads etc.)..............and yes................the woo woo academia industry.

Of course, it all depends on how quickly and radically they can bring in the changes.

 

[Themanbun]

..........and THIS runs contra to their economic stimulus philosophies!!!!!!!

RBA boss says raising Newstart more effective than tax cuts for the wealthy

RBA Governor Philip Lowe supports an increase in Newstart to boost the economy. Source: AAP

Reserve Bank of Australia Governor Philip Lowe says despite growth being revised down for 2019, there are signs the economy has reached a "turning point".

Labor MP Alicia Payne questioned whether tax cuts for the wealthy or raising unemployment benefits would have a bigger economic benefit. "In the short run I think you get more stimulus from giving money to people who have a high propensity to spend that money so that's obviously lower income people, so in the short run I think the answer to that is pretty clear," Dr Lowe told the committee.

Looking at the longer term was more complicated, he said.

"We've got to think about the incentives for work and innovation and reward. It may be in the longer run having low tax rate on people who earn higher income either through entrepreneurship or other reasons actually stimulates more growth in the economy so everyone can be better off."

It's not the first time Dr Lowe has publicly backed an increase to the $277-a-week Newstart payment, but he stopped short of calling on the government to raise the amount by $75 as welfare groups are demanding. "Increased spending there would see greater spending in the economy, but it's a balance. The government has to decide where best to spend its scarce resources."

Dr Lowe used the hearing to outline an optimistic view of Australia's economy declaring the nation may have reached a "gentle turning point", paving the way for growth to pick up again next year. But Dr Lowe again reminded governments there is more they could do to get the economy moving, as uncertainty borne of global trade tensions continues to swirl. The central bank this week revised down its growth forecast for 2019, from 2.75 per cent to 2.5 per cent.

RBA boss says raising Newstart more effective than tax cuts for the wealthy

Reserve Bank of Australia Governor Philip Lowe says despite growth being revised down for 2019, there are signs the economy has reached a "turning point".

www.sbs.com.au

Spot on. And people who have less proportionately spend more when they get an increase in income. A Newstart increase is an obvious necessity to almost anyone who isn't a parliamentarian.

 

[Snake_Baker]

Spot on. And people who have less proportionately spend more when they get an increase in income. A Newstart increase is an obvious necessity to almost anyone who isn't a parliamentarian.

I reckon it's a nice time to get in to a consumer essential low item cost business.

 

[Del191229]

..........and THIS runs contra to their economic stimulus philosophies!!!!!!!

Yep, literally everyone with an understanding of the basics wants Newstart lifted - and let's be honest, there's a moral imperative to lift it as most people on it are not there by choice.

THere's a view though that Morrison won't do it because he knows his vote is ingrained to look down on "dole bludgers" - the hypocrite scum who believe they are ENTITLED to their franking credits because they "worked hard" and "deserve" to enjoy life as grey nomads. On the political calculus he's correct.

Also, his bullshit happy clapper US prosperity reglion teaches that poverty is essentially a choice - believe in Jebus hard enough and he will bring you riches. So the poor clearly don't believe hard enough.

IMO nobody works harder than the single Mum hospital cleaner who's on 50k a year and has a son living at home on Newstart because he's basically unemployable because he was never prepared for the contemporary service economy and the job on the line at the car factry down the road he's perfectly capable of was stolen from him by a bunch of smarmy private school hirds from Sydney.

 

[Snake_Baker]

I have to logically assume that Morrison WILL bring in a significant rise in Newstart payments AFTER he tweeks the knobs and gains control over cash flow.

I expect they will wind down the $10,000 cap relatively quickly. Cash could be gone in 5-10 years.

 

[Themanbun]

Yep, literally everyone with an understanding of the basics wants Newstart lifted - and let's be honest, there's a moral imperative to lift it as most people on it are not there by choice.

THere's a view though that Morrison won't do it because he knows his vote is ingrained to look down on "dole bludgers" - the hypocrite scum who believe they are ENTITLED to their franking credits because they "worked hard" and "deserve" to enjoy life as grey nomads. On the political calculus he's correct.

Also, his bulls**t happy clapper US prosperity reglion teaches that poverty is essentially a choice - believe in Jebus hard enough and he will bring you riches. So the poor clearly don't believe hard enough.

IMO nobody works harder than the single Mum hospital cleaner who's on 50k a year and has a son living at home on Newstart because he's basically unemployable because he was never prepared for the contemporary service economy and the job on the line at the car factry down the road he's perfectly capable of was stolen from him by a bunch of smarmy private school hirds from Sydney.

And let's not forget by their own economic philosophy, it MANDATES a 5 per cent unemployment rate as 'full employment'. 5 per cent unemployment of a 16 million strong labour force is automatically 800k people who are out of work by necessity in order to keep the economy functioning.

How this 'dole bludger' rhetoric came about and actually found influence when we ditched actual notions of full employment way back in the 1970s is beyond me.

 

[Del191229]

Non essential and luxury industries.

Tourism, consumer luxuries, intensive government spending programs (Dan Andrews & roads etc.)....and yes....the woo woo academia industry.

Of course, it all depends on how quickly and radically they can bring in the changes.

Thing is that tourism and education are two of our biggest industries. I don't see them going after the crash, indeed, we'll ramp them up. The woo woo academia industry may be loud and noisy but it really isn't big in dollar terms.

Agree entirely on the consumer luxury industries, when Australia heads into recession and consumers spending, already on the downturn, really falls off the cliff a whole lot of jobs will go rapidly - all the shit the "wealthy" aka credit and housing price uplift reliant middle class outsource now, like dog grooming and Uber Eats so restaurants and cafes etc. Fancy gyms.

Thing is this will coincide with the widespread introduction of automation - which will wipe out a whole class of white collar service jobs too.

Like solicitors - if you've got an AI bot that talks and responds like a real person and does the basic maths that is conveyancing at 10 per cent of the price, well, that sells itself.

As you say, there'll be big demand for people with the STEM skills to manage the automation.

 

[Snake_Baker]

I'd be interested to know how much cash is projected to be floating around in Australia in order to gauge the post 2020 effects.

 

[ferball]

Indeed.

All of this is designed to steer around it, I am not engaging in some big brother tin foil hat rant here.

People involved in "voodoo" employment would be wise to set themselves up in essential industries right now, because the non essential woo-woo jobs will be the first to go. Cash is going to be phased out and controlled consumer spending is going to be the mechanism utilised. The shrinking of the cash pool starts in January.

First and foremost, as I have always stated, become as independent from the sytem as you possibly can..........NOW.

Go bush. Farm food and (legal) herbs. Well weed would be a good medicine too but it'll lose its value pretty quickly when the economy tanks. And it will tank. This has been coming for decades.

Also find a community where you can trust the people and live there.

Have any of you ever seen this:


13 kilometres north east of Palmerston North, Ashhurst has a population of almost three thousand. It also has its very own currency

"You can spend them at a lot of the market stalls here today. And a lot of people around town will take them for goods and services in general," says Phil Stevens, one of the people behind the project. The currency, called 'the loaves', comes in a one, five, ten, or 20 dollar note, each with designs significant to the town. It is run by a group calling itself the LEAP Society - short for Local Economy of Ashhurst and Pohangina.

There are a few paces in NZ that have done this over the last 20 years. I was looking for a different one.