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Firstly middle class redistribution has been a result of 'good times'. Over time there is only one way for the middle class to prosper, and thats for the country as a whole to prosper (what has been the increase in living standards for the average chinese person in china over the last 20...

nothing bondi about this. Merely contigency plans. Something that has been put in place thanks to far thinking ancestory (and after listening to some of the short sighted replys on this and other threads i can see why). We only have one life, we cannot determine the cycle with which we live...

i just feel sorry for the average middle class battler out there. Australia has had it good for a long time, people are forgetting. On a personal note, it really doesnt worry me, as said i should be able to make profit under either scenario. And if i am wrong: i have my back up...

because many people and families are doing it comparatively time now compared to before the labour government was in power. Cost of living pressures are increasing significantly, and this pressure is set to get worse once the carbon tax is introduced. Carbon tax 'cost estimator'...

Commodities on the whole are a purely substitutional product, Australia doesnt have anything 'special' we just have alot of it. But other countries are flying benieth our radar. Ive got contacts in Indonesia who are now into the coal export business (and they have no resource background...

Doesnt decrease productivity but it does reduce living standards through a reduction in the currency exchange rate, of course ceteris paribus

yes but some taxes are required in oder for the government to exist (they have to get their money from somewhere). Never the less its good it was enlightening to see your last repeated comment, i missed it amongst all the chatter. Cost-benefit, thats all i ask for, rather than all the...

yes it does and this is what the middle class doesnt understand. You will be effected in two ways that quickly come to mind: (a) the beurocratic cost of administering everything, this is a productive cost hence it represents a productivity 'black hole' (b) the most efficient use of resources...

You have hit the nail on the head, the devil is in the detail and the level of the tax. For it to be sustainable it has to apply equally on a global scale so no specific country is advantaged or disadvantaged. There is also one underlying fact, living standards as expressed in financial...

I will thoroughly enjoy showing them that there are long term cycles when it comes to mankind. Given the wonders of the internet i will ask them to research two topics: (a) Malleus Maleficarum (b) salem witch trials. I will see whether they can draw modern day conclusions. History doesnt...

the australian people voted this government 'aliance' in, so they must reap the consequences. As usual it will be the stupid middle class that will bear the true consequences. Nothing to do with me, as usual i will focus on profiting from it.