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    End of an Era

    Goodbye. And thanks for all the fish. Cheers Shane
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    Rent Asst - How does it work

    Yep. And they still don't pay their rent.
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    more jobs in brisbane?

    Now thats an oxymoron!
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    do the greens need a lesson in economics? news.com.au article

    All workers have the same rights as everyone else. The right to work hard, study and improve their lot in life. There are far too many examples of people who started with nothing, who through hard effort and self improvement made their lives a lot better. Delayed gratification and self sacrifice...
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    Steve Keen predicts interest rate cuts in 2015 as well

    Economists and Meteorologists. Fabulous jobs if you can get one!
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    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    Yep. Its the currency wars race to the bottom. Problem is if we have a high interest rate differential then we will have funds flowing into the AUD. I wouldn't like to be Glenn Stevens trying to balance on the edge of the knife.
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    Mortgage lending Data Dec 14

    Yep. All forms of insurance are only good if all the parties can meet their obligations. Derivatives, CDO's and other synthetic products are all supposed to help minimise risk. The problem lies in the assumption that only one or two parties to the transaction will get in trouble and need to pay...
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    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    We have been in a long period of deflation due to technological advances. The costs of production have dramatically decreased and will continue to do so with the advent of 3D printing, lower energy costs and information being free. It will have a dramatic effect on employment and quality of...
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    Tanking AUD effects on housing market

    I'd agree with this
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    ANZ Bank Tips 2 More Interest Rate Cuts - More Fuel For Positivity

    From http://en.wikipedia.org/wiki/Negative_gearing_(Australia) The view that the temporary removal of negative gearing caused rents to rise has been challenged by Saul Eslake, who has been quoted as saying, "It's true, according to Real Estate Institute data, that rents went up in Sydney...
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    Drugs and Prostitution vital to the economy

    I agree with you and it applies to most government statistics. It's the reason sites like shadowstats exist. Long term trend stats are skewed by changes in the calculation method and make comparisons difficult. A lot of the statistical methodology is regularly reviewed by organisations such as...
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    Drugs and Prostitution vital to the economy

    Well now we know your choices. :) It's always foolish to assume that everyone's needs or choices will be the same.
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    Drugs and Prostitution vital to the economy

    Quality of life is a totally personal set of choices and by no means any form of indicator. What may be an important factor in quality of life for one person, may be totally irrelevant to another. I always laugh at the "best cities to live " surveys as the criteria is so personal to the authors.
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    The big one is coming say preppers

    Not sure that fractional reserve banking has been around for millenia. Centuries yes, but not millenia. Notes were exchanged for real money and gold in the early 1600's in Amsterdam from memory. Could be wrong though. The problem with seeing a crisis coming is understanding its timing and...
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    New World Order

    The argument was for peak oil of light sweet crude, no all oil. And LSC is in production decline, but as you say alternative options become available as the price rose. I feel that smart countries will use this time to ensure their energy security by whatever means they have available (invading...
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    The big one is coming say preppers

    I agree that it is important to assess the risks as well as rewards of any investment. I am not so convinced of a runaway financial collapse occurring in the near future. These massive collapses tend to occur when they come a bit out of the blue. Although some commentators may see the crisis...
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    Ebola threat

    I agree. If it gets out of control, quarantine regions and border controls will be a reality. Think SARS on steroids. Travel will collapse as people won't risk it. Some shorting opportunities there. As an aside a Pathologist friend of mine told me on Friday that it had been successfully turned...
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    The big one is coming say preppers

    There are many independent thinkers on this forum who have investment longevity and knowledge. There were many threads discussing the impending gfc in mid 2007 before it occurred. And lots of threads discussing investment strategies and options throughout that period. I am sure you may have a...
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    The big one is coming say preppers

    The elites want stability as many lost large amounts of wealth in WW1 and WW2. They will seek stability and a continuation of the status quo. I wouldn't underestimate their ability or self interest in keeping things where they are. Bank collapses, asset seizures, revolution all endanger those in...
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    The big one is coming say preppers

    There were plenty of people wiped out in the Depression but it wasn't a total financial collapse. Some people prospered. There wasn't a societal or governmental collapse despite a lot of banks collapsing. This was in some part because most people were employed in agriculture and a lot of them...
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