US Elections - Boring or Important to Aust?

[Rodp]

President Jackass.

http://www.huffingtonpost.com.au/ent...b0bb9638e15211

[CJR09]

Nothing will come of any of this posturing - there will be no WW3 - the talking heads will carry on business as usual. For all the gas bagging we have not REALLY seen anything new from Trump, internationally anyway.




EPIC FAIL as predicted.

[DJR-351]

Am guessing the firing squad will be getting another call....

Originally Posted by CJR09

EPIC FAIL as predicted.

[mcflux]

Originally Posted by CJR09

EPIC FAIL as predicted.

Someone should tell Kim Jong Un there's a nasal spray for that kind of problem

[Rodp]

Yeah, given the political situation at the moment, I suspect heads will roll over that dud. Trump postures, lardo attempts to show his might, fizzle. Ultimately, it was probably for the best that it failed - I wonder if it was a planned failure or a sabotage in an attempt to de-escalate the situation.

[CoupeKing]

They have 14 left.

[roddy1960]

G'day....Trump v Kim Jong Un....Don't worry about any nuclear issues...
Worry about which one has the worst hair cut....Cheers Rod..

[CoupeKing]

https://www.youtube.com/watch?v=r19O5UOm7lM

http://www.foxnews.com/politics/2017...rth-korea.html

[MITCHAY]

I feel sorry for the poor arseholes who just faced the firing squad after that massive fail.

[CJR09]

https://www.youtube.com/watch?v=

[GO FURTHER]

Originally Posted by MITCHAY

I feel sorry for the poor arseholes who just faced the firing squad after that massive fail.

But.... What if that "massive fail" was a staged deliberate fail by Fat Boy?
The world then thinks NK is still a fair way from perfecting a nuclear payload.

This buys NK time to ready itself for war as The USA closes in.

Had the missile launch been the anticipated success... It would have given Trump more reason to take immediate action.

[HO 3]

Originally Posted by BAXRSIX

But.... What if that "massive fail" was a staged deliberate fail by Fat Boy?
The world then thinks NK is still a fair way from perfecting a nuclear payload.

This buys NK time to ready itself for war as The USA closes in.

Had the missile launch been the anticipated success... It would have given Trump more reason to take immediate action.

Yeah nah....................America are there to shut down North Koreas nuclear weapons program right now ASP......................that's how this will play out. The whole scenario has become bigger than Trump and more about Americas real foreign policy to control potential threats.........Pearl Harbour was a tough lesson and has not been forgotten.

Cheers Mick

[HO 3]

Originally Posted by CJR09

Nothing will come of any of this posturing - there will be no WW3 - the talking heads will carry on business as usual. For all the gas bagging we have not REALLY seen anything new from Trump, internationally anyway.




EPIC FAIL as predicted.

I really do wish I had your confidence that war wasn't on our doorstep.

Cheers Mick.

[roddy1960]

G'day , China (big brother) will give the pesky little brother brat N Korea a clip around the earholes soon...They have too much economically and stategically to lose if they **** off the Yanks..China needs the US more than anyone cares to admit..
Ever heard this one on the economics front....If the US catches a cold then the rest of the world gets a bad case of the flu...
Any American slow down of trade with China will affect both countries terribly and probably why the Yanks are pretty keen for China to help clam up Kim Jong Un's regime posturing...Then there's the risk to China if the US decided to have even stronger ties militarily with South Korea and Japan..Not good for China either...
...Money talks loud.......Cheers Rod..

[Work Horse]

If the Chinese economy gets a cold, the Australian economy will be in intensive care for a long time.

Time to get our finances in order....

[zipping]

Originally Posted by Work Horse

If the Chinese economy gets a cold, the Australian economy will be in intensive care for a long time.

Time to get our finances in order....

You guys ever fact check before you post?

http://www.abc.net.au/news/2017-03-0...iament/8325256

Reads negative but 6.5% is still excellent.

[Burnout]

There are more idiot comments in this thread than in any other portion of the Forum.

[Work Horse]

Originally Posted by zipping

You guys ever fact check before you post?

http://www.abc.net.au/news/2017-03-0...iament/8325256

Reads negative but 6.5% is still excellent.

Not sure what you are getting at zipping?!

About a third of our export income comes from China.

Our property bubbles in Sydney and Melbourne are exacerbated by Chinese investment.

Personal debt in Australia is the highest in the world and unsustainable.

So if the Chinese economy gets a cold, the Australian economy will be in intensive care for a long time.

Time to get our finances in order IMHO

[Hardtopxb]

North Korea. Ruler. Kim Jong In. An Egotistical, Unpredictable Psychopath who thinks he is the match of the most weaponised country on the planet.

USA. Ruler? Donald Trump. An Egotistical, unpredictable Sociopath who thinks he will cure at any cost, the woes of the planet.

Anyone see the problem here? Anything or nothing could happen. Your guess is as good as mine...

[zipping]

Did you read the article GDP is 6.5%

If that's a cold then I want what you are smoking. Yes its less than the recent past but its still excellent growth.

Yes a downturn in China would hurt us but you are looking the wrong way.

Whilst hoping Trump fails you neglect the fact that the US is still the largest economy and is by far the most innovative economy. A cold there is a far bigger threat because it effects us directly and China directly.

That's why the Obama flat recovery has been an issue. The worst recovery from a recession.

BTW that's complete BS housing prices are effected by Chinese investment.

What does Australia have an abundance of?

Land

Almost all of Melb/Syd housing price increases are a result of lack of land release for housing, insane regulations placed by State and councils and taxes play a major role too. Low interest rates atm are just adding to the issue.

https://www.researchgate.net/publica...d_Productivity

For the record my wider family has been trying to development land 22km from the Melb CBD for about 30 years. The property is 1.5km from a train station so its not about infrastructure.

[Mercury Bullet]

Originally Posted by BAXRSIX

But.... What if that "massive fail" was a staged deliberate fail by Fat Boy?
The world then thinks NK is still a fair way from perfecting a nuclear payload.

This buys NK time to ready itself for war as The USA closes in.

Had the missile launch been the anticipated success... It would have given Trump more reason to take immediate action.

This is all about Trump and his domestic situation at home, his polling is at an all time low.

NK are no threat to the US at this point.
Sure they have fired a couple of missiles, no big deal. Their nukes are nothing to write home about, all it takes is some refined U235 and firing a .22 round into it to get an explosion. They have no H bomb.
To weaponise, miniaturise and launch a nuke half way around the world takes technology that they are far from having.
Obviously there are raw materials and technology being transferred to NK, that's what America will really want to shut down.
The rest is political posturing for political gain. I bet Trumps approval numbers have gone up this week. Mission accomplished.

[zipping]

Originally Posted by Mercury Bullet

This is all about Trump and his domestic situation at home, his polling is at an all time low.

Not any more.

http://www.rasmussenreports.com/publ...ez_track_apr17

It's working up to 50% approval

Also the rest of your analysis should take into account that NK can on-sell any technological knowledge they gain to other rogue states regarding ballistic missiles and the like.

[CoupeKing]

Two more carrier groups headed towards the sea of Japan:

http://www.dailystar.co.uk/news/late...nson-peninsula

[CJR09]

Originally Posted by HO 3

I really do wish I had your confidence that war wasn't on our doorstep.

Cheers Mick.

Originally Posted by roddy1960

G'day , China (big brother) will give the pesky little brother brat N Korea a clip around the earholes soon...They have too much economically and stategically to lose if they **** off the Yanks..China needs the US more than anyone cares to admit..
Ever heard this one on the economics front....If the US catches a cold then the rest of the world gets a bad case of the flu...
Any American slow down of trade with China will affect both countries terribly and probably why the Yanks are pretty keen for China to help clam up Kim Jong Un's regime posturing...Then there's the risk to China if the US decided to have even stronger ties militarily with South Korea and Japan..Not good for China either...
...Money talks loud.......Cheers Rod..

Originally Posted by CNN

President Donald Trump, eager to stop rapid advances in North Korea's nuclear and ballistic missile programs, is signaling a break with decades of US policy as he looks to coax China into ramping up the pressure on North Korea.

Trump's sweetening the pot, offering China better trade terms if the Asian powerhouse takes steps to put North Korea's provocative behavior to rest. China accounts for 80% of North Korea's foreign trade and has significant political leverage over North Korea.
"We have tremendous trade deficits with everybody, but the big one is with China. ... And I told them, 'You want to make a great deal?' Solve the problem in North Korea. That's worth having deficits. And that's worth having not as good a trade deal as I would normally be able to make".

I do believe that it will not happen (war that is) - as with anything Trump says you do have to take it with a grain or three of salt.

[Work Horse]

Originally Posted by zipping

Did you read the article GDP is 6.5%

If that's a cold then I want what you are smoking. Yes its less than the recent past but its still excellent growth.

Yes a downturn in China would hurt us but you are looking the wrong way.

Whilst hoping Trump fails you neglect the fact that the US is still the largest economy and is by far the most innovative economy. A cold there is a far bigger threat because it effects us directly and China directly.

That's why the Obama flat recovery has been an issue. The worst recovery from a recession.

BTW that's complete BS housing prices are effected by Chinese investment.

What does Australia have an abundance of?

Land

Almost all of Melb/Syd housing price increases are a result of lack of land release for housing, insane regulations placed by State and councils and taxes play a major role too. Low interest rates atm are just adding to the issue.

https://www.researchgate.net/publica...d_Productivity

For the record my wider family has been trying to development land 22km from the Melb CBD for about 30 years. The property is 1.5km from a train station so its not about infrastructure.

The only verifiable facts in what you have written are in red. Everything else is your opinion and you are certainly welcome to it.

You claim to have all the facts about events that have not happened yet, do you have a crystal ball or time machine?

You analyse historical data through the prism of you own believe system and come up with theories, they are your opinions mate, NOT FACTS.

So if the Chinese economy gets a cold, the Australian economy will be in intensive care for a long time.

Time to get our finances in order In My Humble Opinion

See how that works?!

[CoupeKing]

Hahahahahaha:

http://www.dailymail.co.uk/news/arti...ht-defeat.html

[zipping]

Sure you can argue that other countries such as Israel and South Korea are more innovative depending on what parameters you use. Over the modern era since the industrial revolution obviously the US has been the innovative economy.

Everything else is factually correct. If you would like to link to some evidence that I'm wrong I would be happy to read it.

I do agree that our governments should get our debt down.

imo the US economy is still more important to the Australian economy because the US helps fuel China's growth so any downturn there as we saw with the GFC is bad for the world economy, particularly us (althought the GFC hurt us the least in that instance).

If the US were to default on its debt well that would be disastrous for China as they hold most of it for instance.

[Work Horse]

Originally Posted by zipping

Sure you can argue that other countries such as Israel and South Korea are more innovative depending on what parameters you use. Over the modern era since the industrial revolution obviously the US has been the innovative economy.

I never mentioned the US economy or innovation, you did!!??

Originally Posted by zipping

Everything else is factually correct. If you would like to link to some evidence that I'm wrong I would be happy to read it.

Wrong about what, where did I say you where wrong? I am refering to future events in the Australian and Chinese economy. I cannot be wrong about that until something happens. Until then it is just my opinion, why do you have so much trouble accepting not everyone agrees with your opinion?

Originally Posted by zipping

I do agree that our governments should get our debt down.

imo the US economy is still more important to the Australian economy because the US helps fuel China's growth so any downturn there as we saw with the GFC is bad for the world economy, particularly us (althought the GFC hurt us the least in that instance).

If the US were to default on its debt well that would be disastrous for China as they hold most of it for instance.

Your opinion is a US economy is more important to Australia than the Chinese economy, cool! I didn't mention the US economy, you did and you keep bring it up like I did?!

It would be very bad for Australia if either economy went south. But as you mention the US had the GFC while at the same time Australia became the strongest economy in the world. The Chinese switched focus from the US to their developing domestic market. Australia supplied raw materials to China and these in part help us weather the GFC.

Times have changed but the need for Australia to have lower debt is more important, should any of the bigger players go under.


THIS IS ALL JUST MY OPINION

[CoupeKing]

More win:
https://www.youtube.com/watch?v=PmBxw5akoWQ

[zipping]

In fairness though, you are talking about the Chinese economy and linking it too Australia. You cited high private debt and export exposure to China as risk factors.

I was just trying to point out that on current GDP figures China is doing ok, which makes your argument weak. If private debt is your concern then I just offered a more likely scenario that a downturn in the US economy is a more realistic threat to the Australian economy atm.

That's how a discussion takes place. You put up a hypothesis and people discuss it. Just saying that if the Chinese economy goes south so will Australia's is not much of a dialogue. If my aunty had balls she'd be my uncle.

And to get back on topic Clinton offered more of the same Obama policies and Trump was offering a jobs focus with promises to cut red tape and lower company taxes. The stock market atm likes his plans but that can change.