Today I learned about capitalism

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Going by the meme and the loons that liked it, they have zero idea about economics...

there has never been a successful socialist government
Were Hawke and Keating Socialists? How about Curtin and Chifley? The Liberals rode on the back of those legislative acts for years. The Sugar Board in Queensland's was the jewel-in-the-crown regardless of Bjelke Petersen.

Germany's economy is a great mix of socialism and BRIDLED capitalism.

How successful is the USA when it's total debt is $63 trillion?
 
I rather think the point you're making could do with some elaboration. You're arguing with a piece from a prominent Australian economist/banker that monetary systems could resemble communism. Between you and me, I don't think three words and an exclamation point is gonna do it.
You don’t understand basic economics and the world!
 

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Were Hawke and Keating Socialists? How about Curtin and Chifley? The Liberals rode on the back of those legislative acts for years. The Sugar Board in Queensland's was the jewel-in-the-crown regardless of Bjelke Petersen.

Germany's economy is a great mix of socialism and BRIDLED capitalism.

How successful is the USA when it's total debt is $63 trillion?
Germany still has manufacturing and are the powerhouse economy of Europe!

Gough Whitlam signed the Lima agreement so sellAustralia out and Hawke sold Australia out to the Rothchild economics
Of debt and ended manufacturing!

they were communists with socialists masks on

socialism rides of the back of capitalism!
Australia had the makings of a powerhouse country but has been destroyed by the left and the unions

We are a social democratic country already but over run by socialists
 
They never did in the past either. If you’re on a basic income you can’t expect to live in the City by the river. You do have the intelligence to realise this don’t you?
My dad bought his first house working part time and studying full time.

it was a crappy run down 3x1 in what was a povvo area at the time

it cost twice what he earned a year at the time.

in 1990 i was earning 32k per year as a 20 yo soldier.

a 2 bedroom refurbished 2x1 unit in a midrange suburb 7 km from the city and 8km from the beach was 72k

In 2002 my wife purchased her 2x1 unit in the same are as the one above for 120k - she was earning 52k at the time. We renovated that unit and sold it in 2015 for $425k


At $425k it is 5 times the AVERAGE australian yearly wage

in 1992 i could have bought that unit for just over 2 times my yearly wage

in 2002 my wife bought her unit for just over 2 times her yearly wage

both of us were in entry level employment.

the minimum wage today is $34000 per year

To purchase my wifes modest 2x1 as a minimum wage earner is 12.5 x that yearly income.

On every single possible metric you are completely wrong.
 
My dad bought his first house working part time and studying full time.

it was a crappy run down 3x1 in what was a povvo area at the time

it cost twice what he earned a year at the time.

in 1990 i was earning 32k per year as a 20 yo soldier.

a 2 bedroom refurbished 2x1 unit in a midrange suburb 7 km from the city and 8km from the beach was 72k

In 2002 my wife purchased her 2x1 unit in the same are as the one above for 120k - she was earning 52k at the time. We renovated that unit and sold it in 2015 for $425k


At $425k it is 5 times the AVERAGE australian yearly wage

in 1992 i could have bought that unit for just over 2 times my yearly wage

in 2002 my wife bought her unit for just over 2 times her yearly wage

both of us were in entry level employment.

the minimum wage today is $34000 per year

To purchase my wifes modest 2x1 as a minimum wage earner is 12.5 x that yearly income.

On every single possible metric you are completely wrong.
Thank bob for that when he floated the dollar as house prices started to rocket after that happened!
The average home loan went from 10 to 25 years long and interest rates started to drop

we also have started to increase our immigration numbers at an alarming rate, creating a supply and demand situation

basic economics.

btw you’ll notice you have both partners in the relationship working now days as oppose to back then, something the left pushed for
 
Thank bob for that when he floated the dollar as house prices started to rocket after that happened!
The average home loan went from 10 to 25 years long and interest rates started to drop

we also have started to increase our immigration numbers at an alarming rate, creating a supply and demand situation

basic economics.

btw you’ll notice you have both partners in the relationship working now days as oppose to back then, something the left pushed for
Bob Hawke / keating were in power from 1983-1993

when house prices were affordable

house prices shot up in the mining boom when howard was pm

Heres a graph of the immigration rate

02A95C02-58F1-4F15-8C2B-4FB0F20B85AE.png

Seems like both governments like immigration doesnt it?


im happy that you note that its basic economics that the coalition is responsible for this.

do you just say things that sound good in your head regardless of facts?
 
Germany still has manufacturing and are the powerhouse economy of Europe!

Gough Whitlam signed the Lima agreement so sellAustralia out and Hawke sold Australia out to the Rothchild economics
Of debt and ended manufacturing!

they were communists with socialists masks on

socialism rides of the back of capitalism!
Australia had the makings of a powerhouse country but has been destroyed by the left and the unions

We are a social democratic country already but over run by socialists
You're another one of the conspiracy morons hey? The Lima agreement! You go onto the "AUSTRALIAN CONSERVATIVE COALITION Information for Conservatives" and the idiot site of "Citizens Initiated Referendums" amongst others and you swallow that s**t without even without researching it and then you come on here and make completely wild and really embarrassing statements like "Australia had the makings of a powerhouse country but has been destroyed by the left and the unions".

I have already replied to you about this very same thing so I'll repeat those first two paragraphs now as then:

"You ignoramuses who swallow hook-line-and-sinker the utter garbage that is peddled by the scheming, slimy vested interests who conjure up conspiracy theories to divert attention away from their noxious activities, are the reason that the world is f***ed! It's your support of these confidence tricksters and their tricks that allows those who use and abuse human beings and the environment to keep exploiting the earth and it's inhabitants with relative impunity.

UNIDO was set up on the 17th of November, 1966 through a UNANIMOUS vote of the UN General Assembly and at the end of the Cold War: we pulled out of it in the mid 1990's!"


You and your conspiracy moron mates are the ones that give succour to cranks like Malcolm Roberts and Tom DeWeese, an American far right conspiracy theorist who heads up the American Policy Center, a "tax-exempt grassroots action and education foundation”, according to it’s website and another ding-bat, although rich, conspiracy “foundation” that sees conspiracies everywhere.

These imbeciles are just crack pots but people like Newt Gingrich, Ted Cruz (former Republican Presidential candidates) and former Howard Minister and South Australian “old boys network” pig, Nick Minchin, these mongrels and others who seek influence and election to office, understand completely how “handy” these types of lunatic, paranoid and irrational individuals and groups are and you are one of the poor bastards that has been sucked in big time!

These otherwise intelligent people, cynically use the moron conspiracy theorists to propagate bullshit and give it a “kick along” when they can even though they know it is absolute and utter crap. Why, because the more you can get people to be suspicious and distrustful of those that espouse things like taking back control of our river systems and Australian Governments working for Australian citizens, not multi and trans nationals, the easier it is for the multi nationals and trans nationals to go on raping our country and resources.

The irony is that the real conspirators are the multinationals and transnationals and their mouth pieces, Bolt, Kenny, Murray, Jones who call those who have found out the corruption, the dangers, or are getting too close to the truth, these people are branded conspirators.

People that reckon the Lima Agreement and “Agenda 21” is a "communist plot to take over the world” also believe that September 11 was carried out by the American Government, that the Moon Landing was a hoax and that the Port Arthur massacre was an Australian Government conspiracy!

These types of conspiracies take hold when things start going awry in peoples lives and in the the world in general and if one needs an example, one need not look any further than Nazi Germany.

After the first World War and the signing of the Treaty of Versailles, the German people really did suffer badly and they were looking for some kind of hope for the future so along comes Hitler, tells them they are superior to all others (the Catholic Church played a huge role in this gambit), tells them that it’s a “Jewish Conspiracy” that has caused them all this privation and distress and promptly goes off and tries to purge the earth of Jews and whichever other peoples are part of this “conspiracy”.

The “modern” Jews are those who don’t agree with Bolt, Morrison, Bernardi, Jones, Abbott, Roberts, Hanson etc etc and they are now called “lefties”!

Far from the technological/communication revolution making us more "in tune” with what is going on around the world, so to speak, it has actually "dumbed us down”, to use an Americanism. People are falling for all sorts of wacky and even dangerous rubbish that is being peddled as “gospel”. I cite anti-vaxers, paleo diet, 9/11 was an American Government plot and that a lot of it was just hologram technology with the attacks being in fact controlled demolitions, Hanson reckons that the Port Arthur massacre was a government plot to take guns off people, that putting Fluoride into our water (that has had a massively positive impact on our dental health) was in fact a communist plot! etc etc etc etc….

The s**t that you and your mates go on about is being peddled by those who have vested interests to protect or want to get elected and point the finger at those nasty “commies” as a diversion from their own corruption. Unfortunately, it’s also being propagated by decent, hard working people who just accept that it must be the truth because someone that they admire and trust, a person or persons of esteem have repeated the Agenda 21, Lima Agreement etc assertions therefore, it must be true. That’s what Joseph Goebbels wanted to achieve - people of substance and high standing repeating a falsehood which made the falsehood “legitimate” and people that can't see the forest for the trees, people like you, help f**k up this world!
 
Bob Hawke / keating were in power from 1983-1993

when house prices were affordable

house prices shot up in the mining boom when howard was pm

Heres a graph of the immigration rate

View attachment 846438

Seems like both governments like immigration doesnt it?


im happy that you note that its basic economics that the coalition is responsible for this.

do you just say things that sound good in your head regardless of facts?
and when Honest John halved the capital gains tax and turned the brilliant Negative Gearing legislation which was put in place by Hawke and Keating to address the crisis in housing left by Honest John, Howard changed the capital gains tax and turned Negative Gearing into a free for all for developers, speculators and assorted spivs and the house prices went through the roof.
 
It was life Jim but not as you thought
Not as you thought
Not as you thought.


There's communists on the starboard bow
Starboard bow
Starboard bow
 

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Who knew - homelessness can be fixed

View attachment 849151
See, that actually makes me angry.

I hadn't necessarily bought the lie that there was nothing that we could do to combat homelessness; I knew it could be done, but that there wasn't there wherewithall to do it amongst other priorities. If this could be done this swiftly, the second that more than the underclasses were affected, it means that they absolutely could have done it at any time and just chose not to.

What a failure of government and of society that is. How shamed we are and should be, for indulging their - and our - selfishness, and allowing other humans to remain in the cold?
 
See, that actually makes me angry.

I hadn't necessarily bought the lie that there was nothing that we could do to combat homelessness; I knew it could be done, but that there wasn't there wherewithall to do it amongst other priorities. If this could be done this swiftly, the second that more than the underclasses were affected, it means that they absolutely could have done it at any time and just chose not to.

What a failure of government and of society that is. How shamed we are and should be, for indulging their - and our - selfishness, and allowing other humans to remain in the cold?
Not just indulging it - think homeless spikes

park benches you cant lie on etc
 
I have learnt that the current model of capitalism when under a threat such as the one we are having, needs a heavy dose of socialism otherwise the wreckage could be catastrophic
 
I have learnt that the current model of capitalism when under a threat such as the one we are having, needs a heavy dose of socialism otherwise the wreckage could be catastrophic

The only reason capitalism works and stock markets have risen since the last crisis (GFC) is because socialist measures were adopted to fix the mess.
 
Were Hawke and Keating Socialists? How about Curtin and Chifley? The Liberals rode on the back of those legislative acts for years. The Sugar Board in Queensland's was the jewel-in-the-crown regardless of Bjelke Petersen.

Germany's economy is a great mix of socialism and BRIDLED capitalism.

How successful is the USA when it's total debt is $63 trillion?
Goughwhitlem was a Communist
Hawke was was a globelist as he floated the australian dollar, started selling asserts, let the unions run rampent

germany kept their manufactoring. something Whitlem and Hawke destroyed in Australia, under the lima agreement signed by communist whittlem
 
That just there is extremely childish, and demonstrates your lack of character.

If you wanted to apologise/explain - as you've done here - that would've been one thing. You've doubled down with each subsequent post, and you've barely apologised here, throwing yet another barb or two in there. Had you done this a post later, this exchange could've ended right then and there.

There is something extremely ironic in you accusing anyone of trolling you, given a) you started this exchange, and b) your history of being provably wrong in this thread.

Feel free to put me on ignore, you weak minded *******.
Poor Poor Form Dude.
 

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