First home crisis triggers call for action - more evidence of class welfare and fraudulent govt
First home crisis triggers call for action - more evidence of class welfare and fraudulent govt; Yet more evidence of billions wasted on housing for existing home owners!
Tweet Topic Started: 16 Dec 2013, 03:53 AM (973 Views)
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
The media before the election - "OMG there's too much debt, omg!"
The media after the election - "Libs borrow $200bn more, who gives a fuck".
stinkbug omosessuale Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments. Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck! See here Property will be 50-70% off by 2016.
The car industry contributes to the economy?? Timmy i am prepared to work with you man but you got to stop pulling this shit out of thin air. How does building shit boxes contribute to the economy?? Peter :pop:
The car industry contributes to the economy?? Timmy i am prepared to work with you man but you got to stop pulling this shit out of thin air. How does building shit boxes contribute to the economy?? Peter :pop:
It contributes to the economy because those workers are paid a wage, thus they tend to have a house, they are also economic actors in the retail sector and buy goods and services. Car manufacturing also contributes to the economy in general because all of the periphery parts of a car are also manufactured here (rubber, glass, steel etc).
The car industry contributes to the economy?? Timmy i am prepared to work with you man but you got to stop pulling this shit out of thin air. How does building shit boxes contribute to the economy?? Peter :pop:
Well the loss of some 33,000 jobs predicted gives you some clue......unlike billions wasted on real estate, which has only seen housing starts drop and builders go bankrupt.
After a bubble has burst, no one denies that it existed. But before it does, the popular refrain is that though bubbles existed elsewhere in the world, “there’s no bubble here”. So housing bubbles are admitted to have existed in Japan, the USA, Spain and Ireland – because they’ve already burst.
It contributes to the economy because those workers are paid a wage, thus they tend to have a house, they are also economic actors in the retail sector and buy goods and services. Car manufacturing also contributes to the economy in general because all of the periphery parts of a car are also manufactured here (rubber, glass, steel etc).
Why not pay them to stay home, less green house gases and no shit boxes to crush. Peter
Timo
17 Dec 2013, 02:51 AM
Well the loss of some 33,000 jobs predicted gives you some clue......unlike billions wasted on real estate, which has only seen housing starts drop and builders go bankrupt.
Building a shit box on wheels does not help the economy. Build what people want and i say yes. I do not know anyone that drives an Australian made car. No one i know would be seen dead in one. Peter from Mount Lawley
I think you will find this government is going to stop underwriting unproductive sectors no matter what they are.
Hence Qantas, car industry, bloated public service, and shortly, the reinvestment industry aka the housing speculation sector.
Things are getting interesting, and hopefully we will see a lot more investment from government into sectors that actually stand a chance of being informant in the short term.
WHAT WOULD EDDIE DO? MAAAATE! Share a cot with Milton?
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