I got to pondering this the last week or so, fretting over the finance news out of Europe. (Gotta keep myself busy when the Diablo 3 servers are down). It’s entirely possible the European economic experiment could collapse in the next few months, taking with it trillions of dollars and the settled order on the continent that we have assumed as a given since 1945. It’s possible two or three years from now that we’ll look back on these pinched and fractious days as something of a golden period, an idyll before the world passed into darkness. Increasingly, I find myself wondering what that’ll be like.
Having studied the depressions of the 1930s and 1890s I feel like I have some idea of just how far societies can fall. In the ‘30s for instance, thousands of houses and apartments stood empty in Sydney and Melbourne while tens of thousands of people lived rough on the edge of the cities. The rabbits of Centennial Park didn’t need bio-warfare raining down on them to thin out their numbers. Hungry trappers did well enough. The faces of working people, or non-working people I guess, in photos from those days are thin and haunted by the prospect of starvation. Mass violence was ever possible.
As grim as it was, however, Australians then were not rich or even comfortably well off before the crash laid them low. We’d think of their lives as hard and severely constrained. That’s what I wonder about any darkness that might descend on us. When the madness finally breaks through all the makeshift defences we’ve run up around Greece and Spain and Italy and maybe even around France; what then? How will we - the softest, most materialist culture in Western history - cope when it all goes horribly wrong?
It would be tough for the younger generations that are soft, materialistic and most especially over-entitled. They are whining enough as it is already and things are relatively ok. Imagine the nashing of teething and bitching if, for example, middle class welfare were to dry up.
It would be tough for the younger generations that are soft, materialistic and most especially over-entitled. They are whining enough as it is already and things are relatively ok. Imagine the nashing of teething and bitching if, for example, middle class welfare were to dry up.
It'll be the 4WD'ing pigs and mostly older types who'll have a nervous breakdown. Most young people are unencumbered, agile, smart, tech savvy, and relatively inexpensive. It will be their time.
The biggest whiners are the self entitled bitches who blame Julia for everything.
Middle class welfare drying up would be the best thing to happen for youngens who are debt free and ready to get their revenge as it would put even further downward pressure on house prices.
Younger gens might like their tech and wasting money taking pingers and going out but it's usually the older ones who feel entitled to their ips, 4WDs and private schools. They are the biggest soft cock pigs out, and they don't give a shit what jobs they do or their skill levels, they just reckon they deserve it.
Wrong again SoFooled.
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.
Having studied the depressions of the 1930s and 1890s I feel like I have some idea of just how far societies can fall. In the ‘30s for instance, thousands of houses and apartments stood empty in Sydney and Melbourne while tens of thousands of people lived rough on the edge of the cities.
Having studied the depressions of the 1930s and 1890s I feel like I have some idea of just how far societies can fall. In the ‘30s for instance, thousands of houses and apartments stood empty in Sydney and Melbourne while tens of thousands of people lived rough on the edge of the cities.
I thought you'd fucked off and we're never coming back? Headed to the mountain retreats of Nepal I presumed to find wisdom. You've had more farewells than Nellie-Melba Surfer. You can't keep away can you dude.
BP aren't you some retired old fart? Didn't like bowls hey? Or your peers don't like you probably. The forum has just had a 20 point iq drop now that you're back.
Idiot.
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.
BP aren't you some retired old fart? Didn't like bowls hey? Or your peers don't like you probably. The forum has just had a 20 point iq drop now that you're back.
I got to pondering this the last week or so, fretting over the finance news out of Europe. (Gotta keep myself busy when the Diablo 3 servers are down). It’s entirely possible the European economic experiment could collapse in the next few months, taking with it trillions of dollars and the settled order on the continent that we have assumed as a given since 1945. It’s possible two or three years from now that we’ll look back on these pinched and fractious days as something of a golden period, an idyll before the world passed into darkness. Increasingly, I find myself wondering what that’ll be like.
Having studied the depressions of the 1930s and 1890s I feel like I have some idea of just how far societies can fall. In the ‘30s for instance, thousands of houses and apartments stood empty in Sydney and Melbourne while tens of thousands of people lived rough on the edge of the cities. The rabbits of Centennial Park didn’t need bio-warfare raining down on them to thin out their numbers. Hungry trappers did well enough. The faces of working people, or non-working people I guess, in photos from those days are thin and haunted by the prospect of starvation. Mass violence was ever possible.
As grim as it was, however, Australians then were not rich or even comfortably well off before the crash laid them low. We’d think of their lives as hard and severely constrained. That’s what I wonder about any darkness that might descend on us. When the madness finally breaks through all the makeshift defences we’ve run up around Greece and Spain and Italy and maybe even around France; what then? How will we - the softest, most materialist culture in Western history - cope when it all goes horribly wrong?
I wonder what people in the 1920's and 1880's thought of their younger/older generations ability to survive a depression.
I reckon australia could do with a good downturn. Will give the older and younger generations some perspective , and hopefully reduce the attitude of entitlement that seems prevalent these days.
Most countries (except for france) have shown great resilience in the face of adversity.
It'll be the 4WD'ing pigs and mostly older types who'll have a nervous breakdown. Most young people are unencumbered, agile, smart, tech savvy, and relatively inexpensive. It will be their time.
I disagree. Most young people I know live far more expensive lives than anyone else I know. Their idea of 'agile' is pissing off from a job after 18 months because they think they've 'earned' a year off overseas. They are unencumbered because they can't get their shit together long enough to buy anything beyond getting finance for a car. And when it all turns to poo, they run to mummy and daddy for help.
I disagree. Most young people I know live far more expensive lives than anyone else I know. Their idea of 'agile' is pissing off from a job after 18 months because they think they've 'earned' a year off overseas. They are unencumbered because they can't get their shit together long enough to buy anything beyond getting finance for a car. And when it all turns to poo, they run to mummy and daddy for help.
Ahh, that feels better!
"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers."
- Socrates, in ~400 BC. (although source of quote is disputed)
Looks like people have often thought poorly of the younger generation.
Australian Property Forum is an economics and finance forum dedicated to discussion of Australian and global real estate markets and macroeconomics, including house prices, housing affordability, and the likelihood of a property crash. Is there an Australian housing bubble? Will house prices crash, boom or stagnate? Is the Australian property market a pyramid scheme or Ponzi scheme? Can house prices really rise forever? These are the questions we address on Australian Property Forum, the premier real estate site for property bears, bulls, investors, and speculators. Members may also discuss matters related to finance, modern monetary theory (MMT), debt deflation, cryptocurrencies like Bitcoin Ethereum and Ripple, property investing, landlords, tenants, debt consolidation, reverse home equity loans, the housing shortage, negative gearing, capital gains tax, land tax and macro prudential regulation.
Forum Rules:
The main forum may be used to discuss property, politics, economics and finance, precious metals, crypto currency, debt management, generational divides, climate change, sustainability, alternative energy, environmental topics, human rights or social justice issues, and other topics on a case by case basis. Topics unsuitable for the main forum may be discussed in the lounge. You agree you won't use this forum to post material that is illegal, private, defamatory, pornographic, excessively abusive or profane, threatening, or invasive of another forum member's privacy. Don't post NSFW content. Racist or ethnic slurs and homophobic comments aren't tolerated. Accusing forum members of serious crimes is not permitted. Accusations, attacks, abuse or threats, litigious or otherwise, directed against the forum or forum administrators aren't tolerated and will result in immediate suspension of your account for a number of days depending on the severity of the attack. No spamming or advertising in the main forum. Spamming includes repeating the same message over and over again within a short period of time. Don't post ALL CAPS thread titles. The Advertising and Promotion Subforum may be used to promote your Australian property related business or service. Active members of the forum who contribute regularly to main forum discussions may also include a link to their product or service in their signature block. Members are limited to one actively posting account each. A secondary account may be used solely for the purpose of maintaining a blog as long as that account no longer posts in threads. Any member who believes another member has violated these rules may report the offending post using the report button.
Australian Property Forum complies with ASIC Regulatory Guide 162 regarding Internet Discussion Sites. Australian Property Forum is not a provider of financial advice. Australian Property Forum does not in any way endorse the views and opinions of its members, nor does it vouch for for the accuracy or authenticity of their posts. It is not permitted for any Australian Property Forum member to post in the role of a licensed financial advisor or to post as the representative of a financial advisor. It is not permitted for Australian Property Forum members to ask for or offer specific buy, sell or hold recommendations on particular stocks, as a response to a request of this nature may be considered the provision of financial advice.
Views expressed on this forum are not representative of the forum owners. The forum owners are not liable or responsible for comments posted. Information posted does not constitute financial or legal advice. The forum owners accept no liability for information posted, nor for consequences of actions taken on the basis of that information. By visiting or using this forum, members and guests agree to be bound by the Zetaboards Terms of Use.
This site may contain copyright material (i.e. attributed snippets from online news reports), the use of which has not always been specifically authorized by the copyright owner. Such content is posted to advance understanding of environmental, political, human rights, economic, democratic, scientific, and social justice issues. This constitutes 'fair use' of such copyright material as provided for in section 107 of US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed for research and educational purposes only. If you wish to use this material for purposes that go beyond 'fair use', you must obtain permission from the copyright owner. Such material is credited to the true owner or licensee. We will remove from the forum any such material upon the request of the owners of the copyright of said material, as we claim no credit for such material.
Privacy Policy: Australian Property Forum uses third party advertising companies to serve ads when you visit our site. These third party advertising companies may collect and use information about your visits to Australian Property Forum as well as other web sites in order to provide advertisements about goods and services of interest to you. If you would like more information about this practice and to know your choices about not having this information used by these companies, click here: Google Advertising Privacy FAQ
Australian Property Forum is hosted by Zetaboards. Please refer also to the Zetaboards Privacy Policy