Adventure Ausrama Blog

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The main problem with our Prime Minister is her gender. Australia still remains an "ocker" society where males see themselves as superior. Just how John Howard would have behaved in opposition to Julia Gillard is anyone's guess, because he epitomizes the Aussie male. Most lie in the center politically. Australia's cultural heritage has left us with a very odd political system. There is a Coalition of a so called centrist party and a right wing party derived from pastoralists. Even in the centrist Liberal Party there are ultra-conservatives, mainly as they have nowhere else to go. Labor is accused of being splintered into factions, but the Coalition is truly split between centrists and rightists. To put it bluntly they hate each other just as much as Labor factions. Some parliamentarians have left the National Party claiming that their rightist and in some cases center (tariff protection) policies are totally ignored by members of the Liberal Party. This is t...

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According to the Household, Income and Labour Dynamics in Australia survey we have never been able to buy so much with our income. Over the last decade income inequality has hardly changed, Wages have risen faster than inflation. Of course, we know that announced inflation is lower than real price rises. Although Australia's debt is low compared to other developed countries, less than half of Australians believe this. Despite the good times, many are feeling down and depressed feeling that the country is not doing well economically. This is probably due to the negative political arena at the moment with any bad news being blown out of proportion, with political blame and counter denials being kept uppermost in people's minds. We should be happy but the minority, politicians, are pulling us down. Things are certainly changing now with Chinese demand for primary products falling as well as prices producers receive. The new government, in September, will have to deal with ...

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The Internet has disrupted the security of ordinary money. The economic system controlled by the banks for centuries is now under threat. Bitcoin is an example of new money. Its mere presence in feared by the banks. Money, or at least its value, depends on people having faith that it can easily be exchanged for different goods. In Germany before WWII security in money was severely challenged. There was rampant inflation, so much so that people had to push barrow loads of  cash to a shop to get a loaf of bread. New money is everywhere: PayPal has taken the banking world by storm. These bank-like services are being offered by Google, Apple and eBay. To get Followers on Twitter, many sites are offering seeds. Though the websites deny trading for followers, this is exactly what it is. Google's Wallet is really a bank service. Smartphones can be swiped in store terminals to buy goods. The problem is most money does not really exist it is just recorded in books as they used...

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