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03-04-2020, 11:55 AM | #1 | |||
Virtuous Bogan (TM)
Join Date: Jan 2005
Location: TAS
Posts: 27,473
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Quote:
I'm concerned when the next one comes around, say we have one in the next 10 years, what then? Bail outs for everyone with what? Society got so hell bent on environmental sustainability, but what about economic? Why do individuals, SME and most large business not hold cash or liquid assets to get through times like these? They couldn't even last two weeks. There will be some sectors that just couldn't with the high costs of running, airlines is a pretty good example, but why the gov has to bail every ***** out when ever he economy takes a dip/hit seems unsustainable itself.
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03-04-2020, 12:33 PM | #2 | ||
Thailand Specials
Join Date: Aug 2009
Location: Centrefold Lounge
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The way I'd look at this is Australia should work at building economic independence from China while supporting economic sanctions against them.
It's time China was held to account, preferably without nuclear war. Hurt them economically, try reduce trade with them. |
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03-04-2020, 12:46 PM | #3 | |||
Where to next??
Join Date: Oct 2006
Location: Sydney
Posts: 8,893
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We are a nation of tigh asses that would be happy to drive out of our way to save 4c a litre on fuel or line up for hours to get our ALDI catalogue special. Our minimum wage per hour is seen as a good wage per day in some parts of China. Now, when this is all over we are going to be even more broke than we have ever been before, individually and as a nation. Who will we turn to to get back on our feet at the lowest possible price? Same people who put us there in the first place. Almost every 'buy Aussie' campaign has ended in economic failure - ask Dick Smith. Sent from my LG-M700 using Tapatalk
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03-04-2020, 01:33 PM | #4 | |||
Thailand Specials
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Location: Centrefold Lounge
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It's reality check time for Australia but I think we're too daft to get the message over globalisation maybe hasn't really worked in our favor. Americans over the counter are another one who are expecting to pay US prices in Australia, sorry but we don't have illegal Mexicans doing the heavy lifting here in Australia. Anyway I have more on this topic but alas I'm about to depart our lunch room as someone is slurping, eating with their mouth open and sucking air in rather loudly, I'm exiting before I make them turn blue and stop breathing Last edited by Franco Cozzo; 03-04-2020 at 01:39 PM. |
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03-04-2020, 12:56 PM | #5 | ||
FF.Com.Au Hardcore
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03-04-2020, 02:18 PM | #6 | ||
FF.Com.Au Hardcore
Join Date: Sep 2005
Location: Ivory Tower
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^^^^^ This.
Globalism is coming to the fore, and the disadvantages are being realised because it's impacting Australia directly. The Chinese, through state sanctioned directive, bought up our local supplies of medical equipment and PPE in January, 80 tonnes to be exact, and flew it back to Wuhan on a private jet. People praise Andrew Forrest of Minderoo Foundation for spending $160 million on medical supplies bought from China. Likely from the same supplier who sent their medical supplies to Spain, Italy and The Netherlands. These supplies have a 30% failure rate as is being reported from hospitals. The $160 million could have been spent and land, premises and manufacturing facility in Western Australia. The cynic in me says he's not only appeasing his Chinese pay masters, but will write the $160 million off as a tax deduction through his charity organisation or FMG. Anyone else note the absolute silence from the woke left/SJW's. Namely Bandt, Two Fathers and the other Green fruit loops?
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03-04-2020, 02:20 PM | #7 | ||
Virtuous Bogan (TM)
Join Date: Jan 2005
Location: TAS
Posts: 27,473
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Because we are dealing with real issues now.
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03-04-2020, 08:03 PM | #8 | ||
Thailand Specials
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03-04-2020, 09:18 PM | #9 | |||
Ford screwed the Falcon
Join Date: Sep 2013
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I am a male lesbian! #malelesbiansdeserverecognition
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Falcon: 1960 - 2016 My cars Current ride 2016 FG X XR6 - 6 speed manual Previous rides 2009 FG XR6 - 6 speed auto 2006 BF MkII XT ESP - 6 speed auto 2003 BA XT V8 - 5 speed manual 1999 AU Forte - 5 speed manual 1997 EL Fairmont - 4 speed auto 1990 EAII Fairmont Ghia - 4 speed auto |
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04-04-2020, 01:45 PM | #10 | ||
Banned
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03-04-2020, 08:31 PM | #11 | ||
FF.Com.Au Hardcore
Join Date: Jan 2005
Posts: 3,027
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Never dismiss a leftist from trying to gain politically out of a crisis.
From last week. https://www.youtube.com/watch?v=JgQfOKUeV3I Isn't this the same piece of work who claimed while the bush fires were raging that firefighters will go home from the front lines and flog their missus... The silver lining is, it puts into perspective how irrelevant their pet causes are in the real world. Yet they still persist while businesses are folding, people are becoming unemployed or stressing over if they're going to have a job. They're too arrogant and self centred to realise this. |
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03-04-2020, 03:16 PM | #12 | ||
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agreed,
i saw andrew forrester speak on tv the other morning, " we need to work together with the chinese..." (or words very similar). he got no his soap box , it sounded very much like he was trying to appease the chinese. it was disgusting imo. the announcements by foreign and domestic pollies saying, its probably not a good idea to be so reliant on china, WTF? normal people have been saying that for years! Last edited by Pis-ton broke; 03-04-2020 at 03:21 PM. |
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03-04-2020, 01:19 PM | #13 | |||
Rob
Join Date: Sep 2006
Location: Woodcroft S.A.
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UA2 TREND 4WD BI TURBO |
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03-04-2020, 01:59 PM | #14 | ||
Virtuous Bogan (TM)
Join Date: Jan 2005
Location: TAS
Posts: 27,473
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Of course I would think differently if it was, it could be but for the most part it is not. But I choose to work hard and ensure I was working in an industry/sector that added value.
Australia has become full of service centers, health clinics and coffee shops...so no, we dont need them all. In saying that the GovCo's also didnt help with the transition away from essential/basic skills, globalisation made it easy and thus our skill set moved. If I had to change my job to something else during or just after this period then I would. Right now I work in Coal, but even before this point I have a plan to move out because nothing is forever. But I dont expect to be bailed out to achieve that. Still stand by the fact that in many cases its the individual that has geared themselves to their eye balls and cant sustain impacts like this, or even smaller economic slow downs and then try woe is me. Without a doubt this is difficult to plan for, you cant really, but to have no back up or fall back and expect the government to pick up the pieces is to much and as above the ones who wont see a $$ out of any of the grants will be paying more tax; awesome.
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03-04-2020, 02:04 PM | #15 | ||
DIY Tragic
Join Date: Apr 2018
Location: Sydney, more than not. I hate it.
Posts: 21,262
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Plenty of disregard for the newly-instituted regs on social distance and gatherings visible today on Eastern Road, Turramurra. Nil sign of any police or rangers.
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04-04-2020, 12:49 AM | #16 | |||
T3/Sprint8
Join Date: Jan 2005
Location: Australia
Posts: 16,036
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Good part of town, pensioners ? I love Buy Australia but not easy anymore. Think how many differing lines in Bunnings - would be aussie made ? Not many. Harvey Normans etcetcetc.... Sad. Hopefully this virius is a window of opportunity for Australia to get some of its country back in the comign future. Wake up pollies, get smarter.
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03-04-2020, 02:35 PM | #17 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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But even if business's do have cash reserves saved for a rainy day, do you think it's possible for them to have enough cash to keep business afloat when their income has become zero? It's really not feasible for the majority of business's to have enough cash on hand to be able to handle 6 months+ with no money coming in. I do agree with you in regards to unnessesary business's though. Hopefully once this is over the government works to get our industries back in the country. But this is the libs though, they generally hate industry. |
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03-04-2020, 02:46 PM | #18 | |||
Virtuous Bogan (TM)
Join Date: Jan 2005
Location: TAS
Posts: 27,473
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No I dont expect businesses to fully be ready for this, but a month or two yes. But I do expect the individual not to rely on the small (any size) business or government to the extent we seem to currently. Agreed that we need a good hard look at what runs this country, problem is its fully of hard decisions and facts that the current political system cant openly discuss without being attacked or labelled a bully or some PC term. If the housing market comes out of this and we dont have a proper recession/crash then I give up, ill join the sheep and negatively gear my way to happiness and my kids can pick up the tab.
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03-04-2020, 08:23 PM | #19 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,349
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The worst thing we can do is go back to BAU after this is all done given what has happened and the problems that have been exposed.
I know that the sentiment is on bringing business back and kicking China in the balls. I agree but remember China are only as big as what they are because we (and the rest) outsourced it to them in the first place because it cut costs. Unfortunately I think soon as the money starts flowing in again and unemployment lowers that sentiment will be lost. I hope I'm wrong. I would like us to actually add more value on our exports rather than gifting other countries and increase local manufacturing. |
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03-04-2020, 08:44 PM | #20 | |||
Guest
Join Date: Aug 2018
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Unfortunately, the SHEEPLE Will do whatever they're Told.. |
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03-04-2020, 11:45 PM | #21 | |||
FF.Com.Au Hardcore
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I would like to see this logo updated to also include Australian ownership Aus owned % Aus Made % Aus Product % |
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04-04-2020, 12:10 AM | #22 | |||
FF.Com.Au Hardcore
Join Date: Apr 2013
Posts: 3,318
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Check your goods. We grow potatoes, peanuts and tomatoes here (and obviously heaps more), so if you use peanut butter, tomato sauce, chips, consider ditching your regular brand and opting for products that are 90%+ Australian sourced. I'm aware it's not always an option though. Now back on topic. I might be in lockdown, but my Liver ain't. |
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03-04-2020, 01:36 PM | #23 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Quote:
Might as well start dressing like mad max, fire up the last of the V8 interceptors and "see you on the road scag". Hearing that our border force is intercepting dodgy and defective shipments of PPE and protective clothing from China now. Probably the CCP sending it over in the hope our infection rates soar, so they can buy more of the country up so we become more enslaved to these bastards. |
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