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We owe $4.8 trillion (Read 17140 times)
Sir lastnail
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Re: We owe $4.8 trillion
Reply #45 - Jan 2nd, 2013 at 9:17pm
 
freediver wrote on Jan 2nd, 2013 at 9:14pm:
You could always try addressing what I actually said rather than what you think it sounds like.


So where is this 'plenty' of manufacturing going on ?

Anyone actually making solar panels these days ?

They can't even make cars here without paying bribe money to foreign car corporations to stay here Sad
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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.
 
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John Smith
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Re: We owe $4.8 trillion
Reply #46 - Jan 2nd, 2013 at 9:20pm
 
Sir lastnail wrote on Jan 2nd, 2013 at 9:17pm:
freediver wrote on Jan 2nd, 2013 at 9:14pm:
You could always try addressing what I actually said rather than what you think it sounds like.


So where is this 'plenty' of manufacturing going on ?

Anyone actually making solar panels these days ?

They can't even make cars here without paying bribe money to foreign car corporations to stay here Sad


If mining collapses as you predict, the Aussie $$$$ will fall in value and manufacturing will improve across the board  ... the thing that is most hurting manufacturers right now is the high Aussie $$$$
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freediver
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Re: We owe $4.8 trillion
Reply #47 - Jan 2nd, 2013 at 9:21pm
 
It has not moved TNL. It is in the same place it was before the mining boom. One or two factory closures does not wipe out our manufacturing industry. It is a normal part of the industry.
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Sir lastnail
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Re: We owe $4.8 trillion
Reply #48 - Jan 2nd, 2013 at 9:24pm
 
John Smith wrote on Jan 2nd, 2013 at 9:20pm:
Sir lastnail wrote on Jan 2nd, 2013 at 9:17pm:
freediver wrote on Jan 2nd, 2013 at 9:14pm:
You could always try addressing what I actually said rather than what you think it sounds like.


So where is this 'plenty' of manufacturing going on ?

Anyone actually making solar panels these days ?

They can't even make cars here without paying bribe money to foreign car corporations to stay here Sad


If mining collapses as you predict, the Aussie $$$$ will fall in value and manufacturing will improve across the board  ... the thing that is most hurting manufacturers right now is the high Aussie $$$$


I never said that mining would collapse. It's the price of the resources that may nose dive because of  more competition and and less demand.

Having said that you can't just restart manufacturing over night because mining has fallen out of favour. Usually when a manufacturer closes its doors it never comes back. Do you honestly think that a manufacture that has moved out of australia to china is going to come back to australia when the dollar goes down ? I think your over optimism is showing there !!
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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.
 
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Sir lastnail
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Re: We owe $4.8 trillion
Reply #49 - Jan 2nd, 2013 at 9:29pm
 
freediver wrote on Jan 2nd, 2013 at 9:21pm:
It has not moved TNL. It is in the same place it was before the mining boom. One or two factory closures does not wipe out our manufacturing industry. It is a normal part of the industry.


Where have you been ??

Manufacturing has been dying over the last 3 decades and the remaining manufacturers have not modernised and kept up with the competition. They are using old outdated equipment which they keep going by continually repairing and patching it up instead of tossing it and updating it with the latest gear. They are on their last legs or sort of like a dying star Sad

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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.
 
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John Smith
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Re: We owe $4.8 trillion
Reply #50 - Jan 2nd, 2013 at 9:33pm
 
Sir lastnail wrote on Jan 2nd, 2013 at 9:24pm:
John Smith wrote on Jan 2nd, 2013 at 9:20pm:
Sir lastnail wrote on Jan 2nd, 2013 at 9:17pm:
freediver wrote on Jan 2nd, 2013 at 9:14pm:
You could always try addressing what I actually said rather than what you think it sounds like.


So where is this 'plenty' of manufacturing going on ?

Anyone actually making solar panels these days ?

They can't even make cars here without paying bribe money to foreign car corporations to stay here Sad


If mining collapses as you predict, the Aussie $$$$ will fall in value and manufacturing will improve across the board  ... the thing that is most hurting manufacturers right now is the high Aussie $$$$


I never said that mining would collapse. It's the price of the resources that may nose dive because of  more competition and and less demand.

Having said that you can't just restart manufacturing over night because mining has fallen out of favour. Usually when a manufacturer closes its doors it never comes back. Do you honestly think that a manufacture that has moved out of australia to china is going to come back to australia when the dollar goes down ? I think your over optimism is showing there !!


what rubbish ... you don't need a manufacturer to move here from China for manu. to increase ... if GMH (or any other manufacturer) export from Australia an additional 1000 cars next yr because the aussie $ has fallen, we've had an increase in manu. without Mr Wong opening a factory here ...
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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cods
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Re: We owe $4.8 trillion
Reply #51 - Jan 2nd, 2013 at 9:39pm
 
perc are they the latest figures or old ones.?
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Sir lastnail
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Re: We owe $4.8 trillion
Reply #52 - Jan 2nd, 2013 at 9:47pm
 
John Smith wrote on Jan 2nd, 2013 at 9:33pm:
what rubbish ... you don't need a manufacturer to move here from China for manu. to increase ... if GMH (or any other manufacturer) export from Australia an additional 1000 cars next yr because the aussie $ has fallen, we've had an increase in manu. without Mr Wong opening a factory here ...


Are you kidding. Who is buying holden and ford in a big way ??

No one wants to buy it here let alone overseas. Mercedes it is not !!
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freediver
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Re: We owe $4.8 trillion
Reply #53 - Jan 2nd, 2013 at 9:55pm
 
Quote:
Having said that you can't just restart manufacturing over night


Lucky for us it did not actually stop.

Quote:
Manufacturing has been dying over the last 3 decades


Nothing to do with the mining boom then?

Quote:
and the remaining manufacturers have not modernised and kept up with the competition


I think you will find that the remaining ones are the ones that have kept up with the competition, by definition.

Quote:
They are using old outdated equipment which they keep going by continually repairing and patching it up instead of tossing it and updating it with the latest gear. They are on their last legs or sort of like a dying star


Every country, including Australia, has a range of old and new plants. Not bothering to look for them does not mean they don't exist.You are merely parroting whatever urban myths you have heard from various interest groups. Try thinking for yourself instead.

Quote:
Are you kidding. Who is buying holden and ford in a big way ??


I bought one recently. Most people only buy one at a time. That's the auto industry for you.
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Sir lastnail
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Re: We owe $4.8 trillion
Reply #54 - Jan 2nd, 2013 at 10:11pm
 
freediver wrote on Jan 2nd, 2013 at 9:55pm:
Quote:
Having said that you can't just restart manufacturing over night


Lucky for us it did not actually stop.

Quote:
Manufacturing has been dying over the last 3 decades


Nothing to do with the mining boom then?

Quote:
and the remaining manufacturers have not modernised and kept up with the competition


I think you will find that the remaining ones are the ones that have kept up with the competition, by definition.

Quote:
They are using old outdated equipment which they keep going by continually repairing and patching it up instead of tossing it and updating it with the latest gear. They are on their last legs or sort of like a dying star


Every country, including Australia, has a range of old and new plants. Not bothering to look for them does not mean they don't exist.You are merely parroting whatever urban myths you have heard from various interest groups. Try thinking for yourself instead.

Quote:
Are you kidding. Who is buying holden and ford in a big way ??


I bought one recently. Most people only buy one at a time. That's the auto industry for you.


You are dreaming freediver. All of the action is happening in china now.

And if Holden is doing so well then why the need for all of the corporate welfare handouts ? And why are we bailing out a foreign car corporations when we should have had our own brand of car by now ? So much for investment in manufacturing.
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freediver
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Re: We owe $4.8 trillion
Reply #55 - Jan 2nd, 2013 at 10:14pm
 
The government should not be bailing out or 'investing' in any industry. Let the weak and old businesses die. This is a good thing, not a harbinger of economic doom. We have a labor shortage and a high dollar. The biggest barrier to a lean economy is people not working where they are most highly valued. Our economy can absorb a lot of hits.
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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.
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Sir lastnail
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Re: We owe $4.8 trillion
Reply #56 - Jan 2nd, 2013 at 11:08pm
 
freediver wrote on Jan 2nd, 2013 at 10:14pm:
The government should not be bailing out or 'investing' in any industry. Let the weak and old businesses die. This is a good thing, not a harbinger of economic doom. We have a labor shortage and a high dollar. The biggest barrier to a lean economy is people not working where they are most highly valued. Our economy can absorb a lot of hits.


your Holden has been heavily subsidized Wink
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"All of the arab states have said we will have peace with Israel when there is a state of Palestine as a UN member state and properly constituted." - Jeffrey Sachs.
 
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Andrei.Hicks
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Re: We owe $4.8 trillion
Reply #57 - Jan 2nd, 2013 at 11:14pm
 
You don't half moan mate.

Happy new year!
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Anyone who lives within their means suffers from a lack of imagination - Oscar Wilde
 
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Bobby.
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Re: We owe $4.8 trillion
Reply #58 - Jan 3rd, 2013 at 8:29am
 
I am surprised at the reactions on this thread - that I started.

Many posters seem to think that our huge debt obligation is a great circumstance to be in.

I say - the emperor has no clothes.

Only a few of us can see the light.
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John Smith
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Re: We owe $4.8 trillion
Reply #59 - Jan 3rd, 2013 at 8:34am
 
Sir lastnail wrote on Jan 2nd, 2013 at 9:47pm:
John Smith wrote on Jan 2nd, 2013 at 9:33pm:
what rubbish ... you don't need a manufacturer to move here from China for manu. to increase ... if GMH (or any other manufacturer) export from Australia an additional 1000 cars next yr because the aussie $ has fallen, we've had an increase in manu. without Mr Wong opening a factory here ...


Are you kidding. Who is buying holden and ford in a big way ??

No one wants to buy it here let alone overseas. Mercedes it is not !!


Did you miss the part that said
(or any other manufacturer) 
...I was using GMH simply because they are well known  ... the same applies to any manufacturer  from your local rubber ducky maker to your international steel suppliers ....  but I think you knew that and resorted to ridiculing the example because you have nothing else
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Our esteemed leader:
I hope that bitch who was running their brothels for them gets raped with a cactus.
 
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