Australia's Economic model ignored.

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bogen

MIŠT
Because nobody gives a crap about us.

Naz
Who gives a crap about Australia?

bogen
Originally posted by Naz
Who gives a crap about Australia?

First you're ignorant of star wars, now this.
Why am i not supprised you gave such a responce. laughing

Jack Daniels

Grand-Moff-Gav
Fiscal Freedom.

Who cares about the recession? It is part of the economic system- it works.

Plus more people are going to mass.

bogen
Originally posted by Grand-Moff-Gav
Fiscal Freedom.

Who cares about the recession? It is part of the economic system- it works.

Plus more people are going to mass.

It works if it doesn't come because of some Major Fvck ups and bad policy.
They come because as you said it is a natural system within our economy's.
But i hardly think it's fair to downplay this recession which has been labeled the worst since the great depression.

Mass, I hate mass. evil face

Kosta
I'm looking forward to my $950 big grin.

King Kandy

Bicnarok

Grand-Moff-Gav
What people are ignoring is the averse effects capitalism has on the enviroment and culture it dominates.

Symmetric Chaos
Originally posted by Grand-Moff-Gav
What people are ignoring is the averse effects capitalism has on the enviroment and culture it dominates.

yadda yadda socialism yadda yadda FREE MARKET yadda yadda anarchy

inimalist
Originally posted by Grand-Moff-Gav
What people are ignoring is the averse effects capitalism has on the enviroment and culture it dominates.

who is ignoring that?

I was just forced to read a paper that tried to blame capitalism for things that happened 1500 years before Adam Smith's birth

capitalism is like some boogey-man "theory of everything"

Symmetric Chaos
Originally posted by inimalist
who is ignoring that?

I was just forced to read a paper that tried to blame capitalism for things that happened 1500 years before Adam Smith's birth

capitalism is like some boogey-man "theory of everything"

Ideas can exist long before they have names you know. People didn't suddenly spring into being when we decided to call ourselves human.

inimalist
Originally posted by Symmetric Chaos
Ideas can exist long before they have names you know. People didn't suddenly spring into being when we decided to call ourselves human.

agreed, though in the case of the article, it would be akin to calling crusaders "Nazi's", simply because some comparisons could be drawn.

jaden101
The reason people ignored the Australian economic model is that it didn't produce the results when the going was good that the US model did. Plain and simple greed has driven the problem further still...individual investors taking huge gambles with huge risks for short term rewards i.e bonuses...they had no eye on the long term because they were making vast sums in the short term.

Banks further compounded the problem by giving money to people they knew fine well couldn't pay and then selling the debt on to other banks.

inimalist
Originally posted by jaden101
they had no eye on the long term because they were making vast sums in the short term.


and their lobbying practices essentially assured them that the government would bail them out in the case of a bad gamble.

bogen
Originally posted by jaden101
The reason people ignored the Australian economic model is that it didn't produce the results when the going was good that the US model did. Plain and simple greed has driven the problem further still...individual investors taking huge gambles with huge risks for short term rewards i.e bonuses...they had no eye on the long term because they were making vast sums in the short term.

Banks further compounded the problem by giving money to people they knew fine well couldn't pay and then selling the debt on to other banks.

Finally a decent response.
I guess it makes seance but the thing with that is, if people are left to there own devices they think only of themselves.
Their should be a government body able to hold those people responsible better than the SCS, those guys are a bunch of monkeys.

Symmetric Chaos
Originally posted by inimalist
and their lobbying practices essentially assured them that the government would bail them out in the case of a bad gamble.

Apparently they were wrong.

Bardock42
Originally posted by Symmetric Chaos
Apparently they were wrong.

Ha, you use sarcasm. I like it.

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