Ausfalia Housing Market Is Four Times the Size of Economy Bubble pops when?...

Aiden Morales
Aiden Morales

Ausfalia Housing Market Is Four Times the Size of Economy

Bubble pops when? That was 2017 already and probably worse by now.

Australia’s housing market dwarfs its economy after five years of red-hot price growth. The value of the nation’s homes has ballooned to A$7.3 trillion ($5.6 trillion) – or more than four times gross domestic product. Not even the U.S. and U.K. markets achieved such heights at their peaks a decade ago before prices spiraled lower and dragged their economies with them. “The risk is that it leaves the Australian economy extremely exposed, and a minor shock could become far more significant,” said Daniel Blake, an economist at Morgan Stanley in Sydney.

bloomberg.com/news/articles/2017-11-24/aussie-housing-market-is-four-times-the-size-of-economy (can't archive)

Interest-only loan crackdown 'could lead to US-style meltdown'

A leading economist is warning that Australia's housing market could be heading for a US-style meltdown as a crackdown on interest-only mortgages forces more homebuyers to start paying off the principal on their loans.

archive.is/j6ZX0

Not looking too good for ya Kangaroo fuckers…

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Other urls found in this thread:

0bin.net/paste/3iDge k-f3 k8zSg# 2g2aFxIl3c-Ch 2JdLEuGZ9EdwszbkfWiP F8j w62
desuarchive.org/polarchive/thread/183/#q2078
en.wikipedia.org/wiki/BlueScope
medium.com/@matt_11659/matt-barrie-australias-economy-is-a-house-of-cards-6877adb3fb2f

William Williams
William Williams

There is nothing the Australian government wouldn't do, no matter how short sighted and self-destructive, to keep the ponzi scheme afloat a little bit longer.

Luke Myers
Luke Myers

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Brandon Perez
Brandon Perez

market crashes
China buys entire Australia
Was this the plan?

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Evan Torres
Evan Torres

All that Chinese money.

Hudson Martin
Hudson Martin

The housing market across the Western world is insane anyway. We can't afford houses but they are then given/rented to the invaders for 'free'. It's pretty brilliant, come to think of it.

Luis Peterson
Luis Peterson

who the fuck do you think is going to be losing out when the bubble crashes retard. Hint it's not Australians buying houses and leaving them empty

Luis Miller
Luis Miller

Similarly… We can't have the same standard of living as post-war boom but governments have fucking billions to throw away on "refugees", "soft power", trade deficits, etc.. but there's always enough for panem et circenses, just enough to keep the discontent from broiling over.

:thinking:

Zachary Hill
Zachary Hill

If you know of a property owned and left empty by a chink, it needs a squat. The chinks are well known to leave their properties mysteriously unlocked and accessible without any breach of criminal law.

Elijah Hall
Elijah Hall

what gets given for free to rapefugees is low income housing in order to cull low income white males or force them to compete for higher income jobs

James Stewart
James Stewart

When losing investment for home owning chink is painful its is not the end of the world. But for aussie who lives in teh mortgaged house it may end as catastrophe. 85% of Aussies mortgages are adjustable rate mortgages, if their houses price flop and rates rise they will found themselves in the debt they can't pay and can't refinance.

Jordan Wilson
Jordan Wilson

So how much time is left before the emus take over?

Jackson Jones
Jackson Jones

Are there squatter’s rights in Australia. If there are … you know what to do…

Henry Green
Henry Green

Thanks for the dirty money, chinks. You can fuck off now though.

Easton Martinez
Easton Martinez

Melbourne Squatters Guide 2010:
0bin.net/paste/3iDge k-f3 k8zSg# 2g2aFxIl3c-Ch 2JdLEuGZ9EdwszbkfWiP F8j w62

Justin Davis
Justin Davis

You know all those debts rich people are constantly taking on? They earn money constantly. They can get away with leveraging for the short-term at long-term rates. So what do you think they do if they've got cash and want to get rid of the interest drain on their accounts? If they fork over the money all at once, banks charge them penalties. That's expensive. So they find some schlub who will take over the interest payments instead. Rich people debts turn into houses. A few hundred thousand here, a million and change there. It drains the money from all the people who think they might have a chance of moving up in the world and helps line the pockets of the ones who don't want status competition.

I made this up. It's pure fiction this time. If any of it was right, it was an accident, I swear.

Leo Williams
Leo Williams

C H Y N A
H
Y
N
A

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Joshua Howard
Joshua Howard

My first thought.

China isn't playing the same game Western investors/bankers are: they are thinking long-term about regional/global domination, as evidenced by their One Belt One Road Initiative, as well as their latest tactic of building artificial islands in order to extend their territorial claim, et al.
They are looking toward a future where they have supplanted the US as the world's main superpower, and they're not above playing dirty to achieve that end, to which, suffering an initial loss in order to tank the Australian economy so they can come in and buy everything at fire sale prices would make perfect sense.
(pic related)

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Chase Rodriguez
Chase Rodriguez

Well, you're hitting the right direction but your fiction has the money in the wrong place. The health of the economy is actually complete shit atm. I know quite a few contractors who were partially paid in literal houses by their principal contractors or clients in development projects. Since no one local actually has the cash to buy new houses or the will to rent a large new house meaning the best they can do to survive it either refinance the empty houses and hope for the best, sell the land alone (land titles are always in demand, especially with a house on it for free because that makes the land tax much cheaper in certain countries) or request that the houses they are given are in the same lot so that they can then just refuse to build a house there and just get the land in order to rope some other poor shmuck into financing a commerical lot

The west isn't seeing the economic desperation China is in their efforts to build literal ghost towns, but we're getting there.

Anthony Morales
Anthony Morales

China buys Australia
the reason the housing market is in as big a bubble as it is is because China bought up the entire country already

Aaron Myers
Aaron Myers

They already bought the country
With disposable income that they were trying to hide from the chinese IRS. What would you think happens when that bubble pops and lesser chinks can now buy at a lower price that has already passed the IRS checks? For reference, an apartment sized at an area of 36 meter square with a height of 6 meters separated into 2 floors with a 40 year title (that means 40 years after purchase, it defaults back to being half owned by the commie gov) in Guangzhou is currently sitting around 600,000 USD. Do you think the chink middle class would even think to buy real estate within china for investments?

Lincoln Anderson
Lincoln Anderson

What would you think happens when that bubble pops and lesser chinks can now buy at a lower price that has already passed the IRS checks?
Meant to say
What would you think happens when that bubble pops and lesser chinks can now buy at a lower price with money that has already passed the IRS checks?

Ryan Morgan
Ryan Morgan

Very checked. I'm coming to the opinion that the world simply cannot support a single nation of over 1 billion people. Especially conformist social insects like the chinks. Even if each of them just farted a bit to the left, it would slow the Earth's rotation. When enough of them pay bribes to their local commissars, who then launder the cash through any country's real estate markets, the result is that a little place like Australia or Canada gets blown the fuck away by a tsunami of hot cash that local humans can't begin to match.

And that's why we'll be killing them too. Nukewar between chinks and poos when?

Jose Allen
Jose Allen

Hello I am from Australia and Chi-中国正在以不同的方式毁掉我们的国家。

Joshua Gutierrez
Joshua Gutierrez

Clearly the only solution is to import millions of niggers who will then destroy the houses and any value the property around them may have had, solving the issue for generations to come.

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Nicholas Gray
Nicholas Gray

prepare for harrasment

Connor Smith
Connor Smith

jews already have a plan to depopulate china with weather, food and manufactured viruses once they have dealt with the white race, the jews don't want to share the world with any intelligent race

Elijah Davis
Elijah Davis

weather engineering and food shortages

Joshua Walker
Joshua Walker

bwahahaha

keep dreaming, zhang. you're surrounded by countries that despise you. Good luck with that.

Owen Anderson
Owen Anderson

Jew can't even sort out their own shithole.

Jeremiah Carter
Jeremiah Carter

But when it crashes, I can buy a house for cheaper right?

Cooper Carter
Cooper Carter

Yes but the chinks will be in control instead of the jews. I don't think the jews planned to lose the control. Weird.

Ryder Kelly
Ryder Kelly

I'd take an asian over a jew anyday.
Hell i saw a dog eating horse shit on the road a few months ago, i'd take that dog over a jew anyday.

Noah Wilson
Noah Wilson

Jew can't even sort out their own shithole.
That's because jews aren't used to doing things for themselves. They're used to manipulating others to do their work for them. That's why they will rely on dumb niggers as an easily manipulated workforce.

James Adams
James Adams

Yes but the problem is Asians are not going to ban race mixing so this don't fix the problems overnight.

Brody Miller
Brody Miller

If they import loads of new people there will be a housing shortage, supply and demand will keep the prices going up and you will end up with cities of homeless. Crime will cause the home security market to boom but your cost of living will go up as government programs and extra public sector positions spiral out of control to cope with importing foreign cultures. Houses everywhere will be subdivided down to flats/apartments. In 10 years you will be paying the same for a 1 bedroom apartment as you do now for a 3 bedroom house.
Is my prediction.

Lincoln Cook
Lincoln Cook

I guess the Aussies are going buy a small plot and live in the tents in order to live the simple frugal life. Abandon the soul destroying modern life.

Nathan Jones
Nathan Jones

Yeah but if that happens too much they will pass laws to stop it, harass people who do, or import the foreigners directly to the places people try to escape to, forcing them back to the city where they can only afford 1/4 of what they left behind.

Carson Reed
Carson Reed

That's very insane. How do they plan to enforce the law on impoverished millions people when the crash happens? The asians will have to be ultra authoritarian on the Aussies if they want to enforce the laws effectively with little resistance from them.

Nathan Howard
Nathan Howard

When the mortgage crisis happened in the US, banks were so busy handling foreclosures and other shit they ignored my application to buy as there was more money from the government and refinancing foreclosures than legitimate people who were trying to buy at the time.

Noah Russell
Noah Russell

Trust the plan, goy.

Anthony Wright
Anthony Wright

The asians will have to be ultra authoritarian on the Aussies
They aren't the general merely the weapon. Understand Aussies don't run your country right now, so don't be surprised when you see a handover of power to more obvious foreigners.

Eli Sanchez
Eli Sanchez

Honestly it's not going to happen
There will be a lull in prices but no crash, the amount of Money Chinese Billionaires have to spend on our houses is near limitless in contrast to our small country

Jaxon Adams
Jaxon Adams

So a reverse gentrification?
That said the reason why house prices are so high is a 50-50 between china and boomers allowing china to do shit

Eli Powell
Eli Powell

they will pass laws to stop it
They already have those, council land laws are incredibly fucky

Easton Evans
Easton Evans

Us jews never scam the goys
<hehehehehehe hand grubbing intensifies to epic proportions

Angel Nguyen
Angel Nguyen

status quo bias, once the jew bankers realize the Casino has closed then they will panic and sell it all, better get armed and shoot them before they do so that they cannot liquefy and move their assets

Jaxson Diaz
Jaxson Diaz

I don't live in low income housing and tons of rapefugees pour through the place i live in the southern USA…none of them speak a word of English, they all sit around all day on their porches and talk and the government picks up the tab for rent, and then probably 'relocates' then into a White community where the people aren't expecting full blown rapists to suddenly show up. The rent is not San Francisco or New York high but it is significant. The invasion of the USA is just as bad as Europe, it is just that we are used to 'seeing' niggers, spics and shitskins and we are less aware of the flood coming into our nations to replace us.

Luke Wright
Luke Wright

Careful…you will spontaneously combust.

Austin Nguyen
Austin Nguyen

There is a lot of council areas so they will go somewhere that have little regulations on the houses.

Jonathan Adams
Jonathan Adams

You raise an interesting point
Did you know Hillary Clinton last month said Australia and NZ are being subverted heavily by the Chinese
What was with that

Ryder Robinson
Ryder Robinson

There are only a couple like that and for those you're going to have to be an U N N A

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Jonathan Torres
Jonathan Torres

Ok but what will they do about poor Aussies? They can't buy the houses so how are the chinks supposed to enforce the laws to keep the house economy rolling?

Carson Johnson
Carson Johnson

If guys do that, they’re not going to attract a mate. That’s a big thing for guys. And if they’re not having mates and reproducing then it becomes a bigger excuse for more people importation.

Nolan Howard
Nolan Howard

There aren't many abos because they suck at taking care of themselves and Australia is almost big as USA without the left top next the mapleland. You can literally create your micronation and be a king to the cultists in the outback.

Jeremiah Myers
Jeremiah Myers

Then import white rural bitches from outside of our red land that never seen the modern life and get poisoned by it.

Owen Long
Owen Long

DEATH BEFORE DISHONOR! I FEAR NOTHING ON THIS MORTAL PLAIN! I HAVE BEEN UNLEASHED FROM MORTAL CHAINS AND BEYOND I SEE ONLY MY SPIRIT RISING, MY VOLK IS WITHIN ME AND I LIVE ON IN EACH BEAUTIFUL CHILD I SEE! THEIR FACES ARE MINE AND I AM AT PEACE FOR I KNOW MY CAUSE IS RIGHTEOUS. SIEG HEIL!

Actually the Chinese have subverted Australia's gov yeah, follow the mining and open borders origins. NZ is a black box. Many bunkers, a few normal people, ultimately still the favorite hidey hole.

Carson Brooks
Carson Brooks

Australia is stable but Africa is not so naturally they moneybombed the redland.

Owen Edwards
Owen Edwards

The Australian, newzealand and Canadian housing markets bubble will not "pop" so long as each market is propped up by Chinese billionaires and millionaires buying up all the property.

Thanks zog, now white people can't buy new property or houses will still paying taxes for niggers to get brand new section 8 housing if not checks for rent in houses white people cannot even think to afford

YAY JEWS

Eli Flores
Eli Flores

Import white people? And women? Are you high? Can’t have that. Need coloureds. And men, to destroy the gender ratio in every area, but especially urban centres. Also most every women gets poisoned by the modern world when they come to live in it.

Henry Edwards
Henry Edwards

Need coloureds. And men, to destroy the gender ratio in every area, but especially urban centres.
Are you senile? Oh yes, why is that? Because we are dying and we need coloured to fix our already dying white race. What a wonderful idea you have not!

Tyler Wood
Tyler Wood

Lol wut? I’m clearly be sarcastic. But the second part avout ratios and the innate poison of modern life is true.

Ayden Sanders
Ayden Sanders

I got denied by the bank because I am too poor to afford a loan. Why? The house price is the biggest frickin' reason. Oh it's not just the house price, the power price is out of control as well so as a result of that. Many strayans had no power because they are too poor to afford.

Jace Jenkins
Jace Jenkins

Yea I know and I shitposted back.

Isaiah Williams
Isaiah Williams

Recommended reading (i.e. download)

desuarchive.org/polarchive/thread/183/#q2078

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Tyler Sanders
Tyler Sanders

Nice. We're going to be living in shantytowns while the people who own the houses don't even live in this country.

Michael Stewart
Michael Stewart

Bubble pops when?
Never, everyone in Aus is always checking it, government always keeps the price artificially up.
We had a scare with the no interest loans though. Mate works in Westpac and he says ASIC was in their branch checking EVERYTHING they were doing.

It seems that what will happen is that all other prices will instead inflate to compensate for the high prices.

Julian Fisher
Julian Fisher

China buys entire Australia
China bought a lot of flats, but most of the larger properties are still being bought by Boomers and even some gen x /y. But the debt for these properties is enormous.

Nolan Perry
Nolan Perry

ASIC
I didn't know that they were breathing down on their bank necks. Are they in all of the banks?

Matthew Stewart
Matthew Stewart

They are looking toward a future where they have supplanted the US as the world's main superpower
no user, they think the whole ship's sinking.
No one is going to supplant the US if the whole planet is doomed.

Matthew Roberts
Matthew Roberts

shantytowns
Chink own the metal companies so they are going be rich because poorfags buy the metal roof to make the huts.

Isaiah Martin
Isaiah Martin

Oh boy, we just had a near lehman brother's situation in Aus recently.
But unlike Lehman, we knew what it was beginning to look like.
Oh and then there was the AMP "diversity" fiasco (hired incompetent women, even the ABC was asking questions about forcing quotas, that's how bad their decisions were and how bad the selection of exectives were for the sake of diversity).

We looked like we were in the poop. Still in the poop tbh.
But, many people are moving to Karratha in my city (Perth) which suggests another boom (probably shale) is about to happen.

Aus is a weird fucking economy.

Michael Thomas
Michael Thomas

Was this their plan all along?

Kayden Ross
Kayden Ross

Chink own the metal companies
Actually:
en.wikipedia.org/wiki/BlueScope
Probably not.

Nathan Scott
Nathan Scott

Your prophecy already came true two decades ago, Nostradamus.

Gavin Jones
Gavin Jones

They do but it's not just metal but other things. They are interested in healthcare now.

Lucas Smith
Lucas Smith

And we're interested in Macau.
Globalism is not benefiting either country user. It's creating huge social/economic issues in both countries. It's made the distribution of workers in both countries out of whack.

Oliver Howard
Oliver Howard

Yes I know. It's Rudd man's fault for letting that happen to us. That is why I want the death punishment back.

Michael Allen
Michael Allen

I fricking hate this situation.

Adrian Taylor
Adrian Taylor

No it's the machine user.
It's ruining every country on earth.

This isn't just the collapse of the west, it's the fall of mankind if this shitty globalist machine continues to ignore to necessities of countries and those living with it, such as the necessities overcoming racial differences - such as the necessity for a degree of segregation.

Daniel Murphy
Daniel Murphy

Well thank for the information. We need to throw a hammer in the machine so we can live in the white ethnocentric nation and be left alone. No political correctness craps and women should not be allowed to work in politics field ever again.

Camden Jackson
Camden Jackson

You can be for or against ethnocentricity, the fact is that pragmatically it is necessary for human survival.

That's the biggest red pill of them all.

Austin Richardson
Austin Richardson

Every country need to be conquered by the white people but leave the people except the jews.

Lincoln Price
Lincoln Price

*leave the people alone

William White
William White

Actually the next issue is IQ.
Naturalised people will be at risk existence wise soon.

Angel Rodriguez
Angel Rodriguez

Stupidity problem
That is a easy problem to solve. We can control the population with brutal iron rods.

Nathan Parker
Nathan Parker

Or pointed sticks.

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Josiah Wood
Josiah Wood

Useless idiots will be executed to reduce the burdens on the society and impose child allocation and birth permissions on the people.

Jeremiah Rivera
Jeremiah Rivera

buying a bunch of real estate in a foreign country means you own that country
This is retarded fucking logic.

Matthew Cook
Matthew Cook

Why the hell would they kill off the chinks? They make magnificent slaves. Just saw the head off their queen, and you are the master of the entire colony. Imagine having your own Borg collective a billion strong. It's everything the Jews have ever wanted. It's actually a good thing they diasporaed west, into Europe, rather than east. If things had gone the other way in 66 AD, by the year 1000 the high-IQ chinks would have been mining the moon for shekel silver.

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Dylan Bell
Dylan Bell

The chinks and greedy kike politicians made this happen.

Jack Myers
Jack Myers

people are falling for the housing bubble in the current year
If the Aussie gobment cared about its people it wouldn't allow foreign countries to manipulate its real estate economy like that.

Nolan Barnes
Nolan Barnes

They've been saying the bubble's gonna burst for years, hasn't happened yet. The Australian government is a currently a playground for war between kikes and chinks vying for control, and has been since Rudd in particular. 5 PM's in 5 years doesn't happen by accident.

Justin Murphy
Justin Murphy

Reminder: 六四天安门事件

Zachary Perez
Zachary Perez

Oh and then there was the AMP "diversity" fiasco (hired incompetent women, even the ABC was asking questions about forcing quotas, that's how bad their decisions were and how bad the selection of exectives were for the sake of diversity)

Exactly this. Watching and reading the news reports of the royal commission into the banking sector and how fucking bad everything is. It was very telling at how many female execs were up there having to explain why all this shit happened on their watch. One after the other. It was eye opening. I've met many competent working women in my time who are great at their job. But holy hell they should never be in charge of anything or be in politics. They fuck everything up.

We keep hearing about this imminent bubble bursting but it's a 50/50 problem though. Sure houses are way too overvalued and the prices need to come down significantly. People can't afford shit anymore.
But the primary product we make here is real estate. So if the property market crashes, it will take the entire economy with it. Things have been bad for quite a while now. Wages have stagnated for years, yet costs of living like electricity and rents keep climbing. Not to forget half of all jobs these days are no longer permanent. People tend not to spend much when they might be looking for work in 2 months due to being casual/contractor etc.

Look at Western Australia. The mining market crashed and the energy market crashed at the same time and it annihilated the Perth economy. Sure house prices have fallen a lot, but no-one can afford one because no-one has a job. There are so many empty shops everywhere it's frightening. And 5 years after the crash its still just as bad. That's what the whole country will look like if the housing market implodes. It's unsustainable as is and will have to eventually correct. But when it happens, it will not be pretty.

Ryder Fisher
Ryder Fisher

It would be great if the housing bubble popped before China sold their stranglehold over the housing market.

the bubble hasn't burst yet
therefore it will keep inflating and never burst

Nathaniel Hill
Nathaniel Hill

That's it, I'm releasing the tiger.

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Grayson Brown
Grayson Brown

Never meant to imply it won't burst, only that they've been saying it's going to burst 'any day now' for years.

Brody Gonzalez
Brody Gonzalez

Mate are you retarded they own massive swathes of our major cities housing and other infrastructure, they have obvious spies in our industry and government shamelessly selling secrets back to their Chinese government, and are otherwise well on their way to neutralising Australia as part of their plan to undermine/puppet every nation around them to create a huge buffer zone.

Jace Phillips
Jace Phillips

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Asher Garcia
Asher Garcia

<head> test

Jackson Howard
Jackson Howard

/head test

Jaxon Mitchell
Jaxon Mitchell

watch chink markets
theyre in trouble

if china jumps theres no way the ASX can stand up on its own. especially not with all that chinese wealth getting sucked out to cover margin calls back at home

to say nothing of the banks that will get defaulted on and then have to sell all their positions. this could possibly be worse than the US subprime crisis

Jeremiah Martinez
Jeremiah Martinez

<b> test

Aiden Turner
Aiden Turner

test
test
test
test

Mason Davis
Mason Davis

YES

Isaac Martinez
Isaac Martinez

Test positive, you are indeed a faggot.

Luke Rodriguez
Luke Rodriguez

WHEREVER I AM, I MUST ALSO BUY UP CHEAP HOUSING

t. eternal anglo

its not jews or chinese its these beady eyed buggers with some money spain,thailand,a shed in the north pole. it doesn't matter some beady eyed anglo is renovating it to be flipped just like he learned from british tv and his friends.

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Jonathan Williams
Jonathan Williams

kek
youre fucking retarded then m8
most of the rampant speculation in the aussie housing market was done by chinks

Jacob Rodriguez
Jacob Rodriguez

As a workforce and potential buyers/tenants to make housing even more expensive? Capitalists just cant get enough of immigrants.

Oliver Stewart
Oliver Stewart

Australian immigration policy is well known as a scheme to inflate GDP and prop up our retarded land and education "industries". They make a big show of stopping the boats but that's only because they can't pay tuition.

Julian Gomez
Julian Gomez

How has no one posted this yet?
medium.com/@matt_11659/matt-barrie-australias-economy-is-a-house-of-cards-6877adb3fb2f

It is one of the best essays on the whole matter, posted as is because the author deserves respect for this beastly piece.

Justin Reyes
Justin Reyes

Like trump?

Ayden Reed
Ayden Reed

You are not bright.

Isaac Turner
Isaac Turner

I am going tovread now so thank you for the link.

Lincoln Lee
Lincoln Lee

NO CARRIER

Jaxon Moore
Jaxon Moore

why is this constantly being shiled ?

Is there a country anywhere in good shape financially besides Switzerland or something ? Nothing will change with Australia until the policy of the Kissinger jew decides that it's time to stop overpopulating it. Face it, you know that's how they think, it's just land to dump more slaves, it's space they can fill up so it's not taking up space in their own space.

Michael Garcia
Michael Garcia

this shit is funny man

it's like you think Australia is somehow different to anywhere else. Same shit mainstream media, same shit policies, all the same shit. If Deuchebank isn't allowed to fail why would the Australian housing market ?

Wyatt Wilson
Wyatt Wilson

why would the Australian housing market ?
If it implode the chinks can take over but the houses will be cheaper though. No more democracy for the Aussies but I don't think they will miss it because of the traitorous pollies constantly back stab them. Look at how many pms we had in the last 6 years.

Liam Kelly
Liam Kelly

sounds like you got it all figured out. Yeah the bubble pops and then the corrupt chinese officials that weren't the only ones that could afford the prices anyway will now be able to … drive the whole thing back up again.

Levi Martin
Levi Martin

Frankly I am not sure if they are able to drive the house price up again with the Strayan dollar or Chink dollar.

Christopher Reed
Christopher Reed

No shit…

I picked the wrong country's cartoons to jerk off to and they're gonna eat my pet dog as punishment lads

Aiden Gonzalez
Aiden Gonzalez

Bank of Japan (-0.10%), and Central Banks of Sweden (-0.50%) and Switzerland (-0.75%) are at zero or negative interest rates.
negative interest rates
W-What? They will pay me for use of their money?

Lucas King
Lucas King

W-What? They will pay me for use of their money?
No you pay them interest for having your money in their bank

Juan Gonzalez
Juan Gonzalez

Is it to discourage the people from saving up?

Carter Watson
Carter Watson

In a sense, yes. Its a form of inflation control. But they're fucked anyway because jew sown the banks.

Caleb Collins
Caleb Collins

Finished it. Well yes Australia is done. Its government is utterly retarded and really is just bunch of English landlords who collect rent from teh vast Australian plains they got in their property.

Another thing. Despite good analysis Matt Barrie is too naive and detached from realities with his propositions.
Here’s a crazy idea: the dominant government revenue line is income tax. Income tax is generated from wages. Education has always been the lubricant of upward mobility, so perhaps if we find ways to encourage our citizens to study in the right areas — for example science & engineering — then maybe they might get better jobs or create better jobs and ultimately earn higher wages and pay more tax.
Nope Australa would not win competition against China. Do Aussies have heart to work hard on $2/hour rate for years after years to create their own industry like Asian country's one after another did? I don't think so.
What Australia had was indeed many resources with little population, grasslands and sheep before, ore and coal later. Beaches for mansions and safe heaven for money laundering now. Problem is resources rent is usurped by elites and elites waste income from it on the diversity and stupid projects without giving people of Australia proper share at the same timer destroying their living by flooding their neighborhoods with foreigners and inflating their houses prices to teh level of full unavailability.

There is nothing wrong with exploiting your comparative advantage, even it is looking a little dirty, stop been prude and use it for good. Its possible to be money laundering capital and maintain you community, see Switzerland. But Aussies went worst way possible.

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Eli Lee
Eli Lee

How is this possible when 90% of Australia's land is unoccupied?

Ethan Thompson
Ethan Thompson

90% of Australia's land is uninhabitable m8.. as it stands I don't know how far they could stretch their water supply with much more new development.

Owen Peterson
Owen Peterson

Control the non-whites by killing them all

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Thomas Reed
Thomas Reed

They could literally stroll right in and take our farm + mines. We don't have the man power or national spirit anymore to do anything about it. Do you think soyboys in Sydney and Melbourne will do anything about it? Do you think Chang, Mohammed and Pajeet (all true blue Australians) will do anything about it? On top of that, do you realise how large our coastline is and how sparsely populated the country is? Most of our people are in like 6 capital cities.

Travel like 1 or 2 hours inland and all you're going to see is brown, dry grasslands. Keep going inland and it's basically desert out there.

We full fucked

Said it in a thousand threads before, but most of our economy is built on housing. Go down to your local manufacturing area, you're probably going to see a lot of electrical supply companies, plumbing suppliers etc. Go and look at your local suburban commercial buildings, you're going to see at least one real estate agency in each block not to mention accounting firms (mainly specialise in self-managed super which Boomers use to invest their super in property) and finance/mortgage brokers.

A huge number of tradies are employed putting up highrises, renovating houses etc.

The rest of our economy is leach industries like cafes and massage parlours that merely recirculate the money pumped in through property.

When the economy tanks, we're going to see YUGE unemployment, and we're going to have an incredibly difficult time taking advantage of a weak AUD as we have precious little manufacturing industry left to send cheap goods overseas.

Wouldn't be surprised if the miners did alright out of a cheap dollar though.

As for useful advice, I'd recommend locking in some kind of job in a company towards the cheaper end of the market, e.g. Aldi, as you're going to see premium brands tank hard and companies that specialise in cheaper inferior goods do well.

Nathaniel Jackson
Nathaniel Jackson

I've seen a meme where Bruce says "she'll be right until it's not, then it's fucked". It's definitely fucked now.

Joseph Bennett
Joseph Bennett

Ausfalia Housing Market Is Four Times the Size of Economy
Clearly the solution is to bring in 3x the rapefugees and promote abbo breeding programs.

Henry Barnes
Henry Barnes

This is the kind of thing that makes me want to run for politics. But my concern is that the Anti-Discrimination Act 1991, and Racial Discrimination Act 1975 will both have me sent to prison, given a record and therefore be banned from parliament (or any future employment). They've outlawed talking about the biggest problems this country is facing

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