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Showing posts with the label economic

Future Does Not Look Good for Mankind

The time ahead do not seem bright for people. * future we does or not at look am good it mankind do future ho does eh not * The good days for modern Man are behind us. There is no way there will ever be times of high prosperity again. The problems are the human predisposition to violence and climate change.  Furthermore, there are just too many of us on this tiny spec in space.  ⎳ future to does up not at good he mankind || political australia || ⎳ People fight over differences in culture. This can be ethnic, religious, political or social. Humans are not rational beings. When they have a belief about something they will sort through the available data and lock onto what supports their case. This happens even when there is overwhelming evidence to counter their point of view.   ⦿3up ⦿3 Everyone needs somewhere safe to live. Hurricanes are becoming more frequent in certain geographic corridors. Their strength totally destroys valuable infrastructure. A Relatively stable living zone i

Refugees Mean Poverty, Unemployment and Economy Decline for Europe

More refugees are coming from the Middle East and Africa to Europe. This is putting a tremendous burden on European countries. It will bring three things: poverty, unemployment and economic cost. These people will not find accommodation. In all Western countries the cost of average housing has gone through the roof in the last decade. Europe has a relatively dense population already. Land for new building estates has mostly been exploited. Refugees do not have a nest egg of money for a deposit nor do they have established friends and relatives for help. They will live in parks for the rest of their lives. Almost all of the refugees are unskilled. There is a mass of unemployed native born people in European nations now. They have no future, so refugees face the same bleak future. Training is expensive. With freedom of movement to other countries in Europe no individual nation is going to pay to train non-citizens. let's face it only a small minority will ever

Tony Abbott Interferes in G20 Statement

There isn't much doubt that Tony Abbott the Australian prime minister is an ardent capitalist - odd for a person who calls himself a Liberal. This goes to show how Australian Political parties do not follow the international norm. Like most things in Australia our political system could be seen as unique with ardent conservatives forced to join the Liberal Party to secure power. Tony Abbott is being accused of interfering with the G20 statement, taking out "fair" and "inclusive" in the description of desired economic growth. Apparently, he blatantly left in “promote economic growth and jobs growth by strengthening the private sector”, highlighting this. Australia has been told that it has left the moral high ground of previous G20 meetings. Inclusive growth" is interpreted as a free for all in economies. Just getting there is important. Whether you run roughshod over the rights of people or not is not important in Tony Abbott's eyes. T

High Wage Rate a Problem for Australia

The overseas economic crisis is changing the perception of wage rates in Australia. Over recent months the Aussie dollar has fallen in value.  It helps exporters. The retail sector has also been calling for the dollar to be intentionally weakened. This is odd considering Australian consumers are heavily "addicted' to imports, so prices will probably rise in the shops. There will be an election in September. Any color of government will have to cut back on spending. This will mean higher unemployment. Therefore, despite inflation steadily rising there will be downward pressure on wages. There is already a glut of people seeking employment in the vegetable and fruit picking industry. When you go shopping a distinct feel of recession is in the air. With many buying online, the shops are almost devoid of shoppers. The lowest income earners have just been given a 2.6 per cent pay rise. This was done to redistribute income. Higher unemployment will prevent future artifi