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-   -   Australia Calling: economic meltdown worse than 1929. (http://www.discussworldissues.com/forums/showthread.php?t=134445)

PhillipHer 07-17-2008 10:08 PM

Australia Calling: economic meltdown worse than 1929.
 
ECONOMIC MELTDOWN WILL BE WORSE THAN GREAT DEPRESSION
AUSTRALIA CALLING
(07/15/08) The economic collapse of Western civilisation is imminent and Australia will fare worse than most, because it no longer has the manufacturing industry that is necessary for a recovery.
www.nsm88radio.com

Lillie_Steins 07-18-2008 10:44 AM

Yes, we are in for extremely tough times and it will either make or break us.

Paul Bunyan 07-18-2008 02:52 PM

I see the Australian stock exchange has lost $20 billion this year, not a good sign since we are only seven months into this year.

Slonopotam845 07-21-2008 09:47 AM

If it's worse than 1929 does that mean we are heading towards another great depression? I find it hard to believe but I do know that petrol, food and other things are getting more and more expensive, yet at the same time, wages are not going up. It's all pretty disturbing! http://www.discussworldissues.com/fo...es/shocked.gif

tgs 07-21-2008 09:49 AM

Quote:

If it's worse than 1929 does that mean we are heading towards another great depression? I find it hard to believe but I do know that petrol, food and other things are getting more and more expensive, yet at the same time, wages are not going up. It's all pretty disturbing! http://www.discussworldissues.com/fo...es/shocked.gif
Give the man a cigar. Petrol, electricity, gas and everything else will increase dramatically once the carbon emissions scheme is put in place in 2010. Early estimates put this increase at 25% but it will of course go even further. For example, in WA electricity prices are set to rise by 10% each year for the next seven years! You have to wonder that if politicians are so worried about global warming, why then are we exporting vast quantities of goal, gas and oil to China? Australia only produces 2% of carbon emissions world wide but of course if we stopped our resources from being raped by China our economy would instantly collapse since we have NO secondary industry to fall back on. As for wages they will continue to drop compared to the cost of living since in the next three years Krudd plans on importing 1,000,000 more coolies because of the so-called skills shortage which I have proved to many people I know to be a complete lie. For example recently in the Pilbarra Australian workers were sacked in favour of Chinese workers who do the job for $8 an hour, which is less than a quarter of what the Australian blokes were getting. We are being replaced by coolie labour which is something that our ancestors fought against going right back to the 1840's, yet they are now condemned as we are as being vile evil racists. I'd prefer to stand with our ancestors on this issue than continue to die in silence like sheep. One thing that writing my own audio program has given me is the information to make our opponents look like the traitors they are. I would love to have a proper unbiased debate with them but that will never happen as they prefer to simply label our ancestors and us as evil insane simpletons. This is a label that is currently easily applied but as more and more people feel real pain the more they will realise that we are right. This coming tide of gloom is our last chance.


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