Problem with saving is nobody buys. nothing is paid back, the goverment will still try to ply the money from our cold dead hands, like making us pay $100 for bloodtests. It isn't about saving it's about greed, it's about our culture and the fact we let these corportions take our money and we get nothing back except debt! talk about push overs
Anarchy is the only way to deal with Governments giving your hard earned to those companies that have become too big to fail! (Unless, of course, you support it!)
spend it on precious metals...hedge against inflation of pumping too much cash into society, the coins are minted here and the metals probably came from Australian mines too? and the premium on the bars and coins goes to Perth Mint for instance with taxes going to govt, the Australian retail bullion dealers get a cut etc.., so your investing and spending all at once and if US dollar tanks(Amero is coming anyway) then you hit the jackpot sooner than you expected :) and we're all happy
Australia was lost during the 70s. The fight was on then to stop big business taking over the country. After that came along deregulation of the bank. Why is the Australian dollar always hanging around 65 U.S. Cents. So Overseas countries can buy us out. Now they wanna shut us up.
Im learning about other countries economy and we all know america has the worst, i see it, i talked to a lot of american for a few months, i looked up other countries etc. to see what other places i can trust...better... but why the hell does people still want to move to america? oh yeah, i forget the "american dream" its a dream cause all the spoiling and wasting, and its hard for me too since im dating a american that is in the ariforce, hes coming up here in the summer ^_^ Knowledge IS power.
we can only hope for a great depression a time where people commit suicide in droves ,this consumerism and greed we have endured for decades has to end and change can only come when we have a crisis
Rudd is thinking so short term - I can't believe another payment is due to come out after the one in December (which a lot of people didn't get anyway). It is screwy. Once its spent then what? Another one? Why not just have some people pay no tax at all, say the number you need to get your re-elected?
@portantwas For thinking so short term Rudd sure called the crash! If my research is correct he said the crash would happen in the year 2000. Thats not really short term. he looks to the future.
everyone's too busy watching lines on charts go up and down then bothering to look at the foundations of the economy. They'll just blame some new event for any further collapses. Thanks to Costello for selling lots of our gold when it was about 300 an ounce. Now Rudd, the so called economic consdervative is making ridiculous claims no one will be homeless by 2020. Complete populist nonsense.
I'm going to call this homeownershipism, and it's blown the US economy to smithereens, who in their right mind would advocate this?
what's suppose to happen is, you work hard, save up a 20% deposit and get a loan that you can actually afford, if we had regulated the home loan industry property we wouldn't have the highest household debt in the western world (yeah I know we aren't actually in the western hemisphere) the fact that you don't need a deposit is precisely why homes are so expensive.
It's probably important to note; whilst Mr Rudd, Swan and the Labor party are economically ignorant. So are the Liberal Party. There is no difference. 'They are all Keynesian now'.
I sometimes wonder, we have a continent wide political and financial system already, so perhaps the NWO will leave us alone, but the way the politicians are behaving, I think they want to demoralize us to accept a severe reduction in our national sovereignty, Kevin Rudd is a globalist who likes to tell other countries what to do, did you hear him tell the Americans to pass that trillion dollar bailout? When I heard that I seriously wanted to strangle the little prick.
Yea Howard was a lying neocon idiot but for my own wellness I seriously have to avoid hearing or seeing Rudd. Probably because of the awareness that the nonsense he speaks is being fully absorbed as biblical truth by the sheeple.
I hope we as a people are smart enough and skeptical enough to see through it, I actually prefer the OLD labor party, it wasn't acceptable politically, but it really was the recession we had to have, and the thing is, it's entirely within the private sector, how can people possibly blame the government for a recession? Well labor learned their lesson from that, regardless of whether it helps or hurts us, NO recession has to happen.
Keynesian is exclusively taught at schools and university because it does hand and hand with central bank manipulation. Austrian economics is NEVER even mentioned in our educational institutions and we call this education. IT IS INDOCTRINATION PURE & SIMPLE.
Mainstream monetary theory is so fd up. They obviously dont really have any capital theory either otherwise they would finally realize how badly they keep brutalizing the chronological continuity of prices/production & hamper rationally organized capital expansion. Its like lets expand phony credit/currency/nominal spending & watch prices go up. Completely retarded.
Just good sense. The radio guy thinks he is making a joke, because he (as most of us) has come to believe the ridiculous nonsensical proposition of mainstream economics, i.e. spending = greater GDP = healthy economy.
Austrian economics makes sense from first principles and thinking about the real world. I think that is precisely why academia hates it.
i fully agree peter schiff the man tellin all the grown in the world their aint no santa claus
Gantzer1 1 year ago
most of you people do not hold an economics degree...enough said;)
mickeykozzi 1 year ago
Problem with saving is nobody buys. nothing is paid back, the goverment will still try to ply the money from our cold dead hands, like making us pay $100 for bloodtests. It isn't about saving it's about greed, it's about our culture and the fact we let these corportions take our money and we get nothing back except debt! talk about push overs
Fallen0paper 2 years ago
Anarchy is the only way to deal with Governments giving your hard earned to those companies that have become too big to fail! (Unless, of course, you support it!)
Deathridesahorse2 2 years ago
spend it on precious metals...hedge against inflation of pumping too much cash into society, the coins are minted here and the metals probably came from Australian mines too? and the premium on the bars and coins goes to Perth Mint for instance with taxes going to govt, the Australian retail bullion dealers get a cut etc.., so your investing and spending all at once and if US dollar tanks(Amero is coming anyway) then you hit the jackpot sooner than you expected :) and we're all happy
mlndstream 2 years ago
Australia was lost during the 70s. The fight was on then to stop big business taking over the country. After that came along deregulation of the bank. Why is the Australian dollar always hanging around 65 U.S. Cents. So Overseas countries can buy us out. Now they wanna shut us up.
Easydollars 2 years ago
Im learning about other countries economy and we all know america has the worst, i see it, i talked to a lot of american for a few months, i looked up other countries etc. to see what other places i can trust...better... but why the hell does people still want to move to america? oh yeah, i forget the "american dream" its a dream cause all the spoiling and wasting, and its hard for me too since im dating a american that is in the ariforce, hes coming up here in the summer ^_^ Knowledge IS power.
jaheira2016 2 years ago
I don't know anyone who wants to move to America - not in Australia or Europe anyway.
billsaintkilda 2 years ago
Australians don't even want to go to Europe. At present it is the best life in Australia.
edmack4me 2 years ago 3
im packing up the old Torana now with the missus kids and the dogs. I better learn to start throwing a boomerang
buttonmonkey01 3 years ago
we can only hope for a great depression a time where people commit suicide in droves ,this consumerism and greed we have endured for decades has to end and change can only come when we have a crisis
fungulotualatuarazza 3 years ago
krudd not happy with Wreaking Economy is also going to stuff the Internet with Chinese style censorship
hoey350 3 years ago 2
Rudd is thinking so short term - I can't believe another payment is due to come out after the one in December (which a lot of people didn't get anyway). It is screwy. Once its spent then what? Another one? Why not just have some people pay no tax at all, say the number you need to get your re-elected?
portantwas 3 years ago 4
@portantwas For thinking so short term Rudd sure called the crash! If my research is correct he said the crash would happen in the year 2000. Thats not really short term. he looks to the future.
fireupgoku 1 year ago
Awesome! I'm glad to see our brothers and sisters down under promoting the cause of liberty!
savegoogleanswers 3 years ago
why has this video been flagged? This political censorship at it's most outrageous.
eViL5k1ll5 3 years ago 2
Interest rates at record lows, unemployment at 4.5%, Labor are excellent economic managers.
janadp01 3 years ago
thanks for posting by the way.
stringbean9000 3 years ago
everyone's too busy watching lines on charts go up and down then bothering to look at the foundations of the economy. They'll just blame some new event for any further collapses. Thanks to Costello for selling lots of our gold when it was about 300 an ounce. Now Rudd, the so called economic consdervative is making ridiculous claims no one will be homeless by 2020. Complete populist nonsense.
stringbean9000 3 years ago
I'm going to call this homeownershipism, and it's blown the US economy to smithereens, who in their right mind would advocate this?
what's suppose to happen is, you work hard, save up a 20% deposit and get a loan that you can actually afford, if we had regulated the home loan industry property we wouldn't have the highest household debt in the western world (yeah I know we aren't actually in the western hemisphere) the fact that you don't need a deposit is precisely why homes are so expensive.
luke666808g 3 years ago
now we're stuck stuck with so much debt, allowing the economy to de-leverage would be an absolute disaster.
luke666808g 3 years ago
It's probably important to note; whilst Mr Rudd, Swan and the Labor party are economically ignorant. So are the Liberal Party. There is no difference. 'They are all Keynesian now'.
Reject the status quo.
LibertyAustralia 3 years ago
I sometimes wonder, we have a continent wide political and financial system already, so perhaps the NWO will leave us alone, but the way the politicians are behaving, I think they want to demoralize us to accept a severe reduction in our national sovereignty, Kevin Rudd is a globalist who likes to tell other countries what to do, did you hear him tell the Americans to pass that trillion dollar bailout? When I heard that I seriously wanted to strangle the little prick.
luke666808g 3 years ago
Yea Howard was a lying neocon idiot but for my own wellness I seriously have to avoid hearing or seeing Rudd. Probably because of the awareness that the nonsense he speaks is being fully absorbed as biblical truth by the sheeple.
krug24 3 years ago
I hope we as a people are smart enough and skeptical enough to see through it, I actually prefer the OLD labor party, it wasn't acceptable politically, but it really was the recession we had to have, and the thing is, it's entirely within the private sector, how can people possibly blame the government for a recession? Well labor learned their lesson from that, regardless of whether it helps or hurts us, NO recession has to happen.
luke666808g 3 years ago
The biggest disappointment are the idiot citizens ie sheeple/cattle.
edmack4me 3 years ago 2
The answer is to be found in Austrian economics NOT Keynesian.
edmack4me 3 years ago 3
Keynesian is exclusively taught at schools and university because it does hand and hand with central bank manipulation. Austrian economics is NEVER even mentioned in our educational institutions and we call this education. IT IS INDOCTRINATION PURE & SIMPLE.
edmack4me 3 years ago 4
Mainstream monetary theory is so fd up. They obviously dont really have any capital theory either otherwise they would finally realize how badly they keep brutalizing the chronological continuity of prices/production & hamper rationally organized capital expansion. Its like lets expand phony credit/currency/nominal spending & watch prices go up. Completely retarded.
krug24 3 years ago 2
cool
spanishaustralian 3 years ago 3
Just good sense. The radio guy thinks he is making a joke, because he (as most of us) has come to believe the ridiculous nonsensical proposition of mainstream economics, i.e. spending = greater GDP = healthy economy.
Austrian economics makes sense from first principles and thinking about the real world. I think that is precisely why academia hates it.
bianzhengnazi 3 years ago 4
If you fail, can't make it in the world then you teach, become a politician or a religious.
edmack4me 3 years ago
If everyone was more political we would all be much better of. The problem is we left it to the few... so we have policys that benefit the few.
thesubmainman 3 years ago