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18-08-2020, 01:50 PM | #241 | |||
FF.Com.Au Hardcore
Join Date: Feb 2008
Location: Perth, Northern Suburbs
Posts: 5,005
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Quote:
A few decades back, China effectively reinvented their entire economy, to make them more competitive and efficient. But we can't even fix the huge problems in our tax system. Our problem is that for over 100 years we would periodically elect Labor governments who were obsessed with outdated socialist economic theories, and constantly increased the tax burden. Then we elect Liberal governments who say "thanks" and go and find new ways to spend the money. We're now stuck with a tax system that is heavily punitive, and actually drives us to deliberately shrink our economy and become more inefficient. And our constant political gridlock prevents us from fixing anything. We all believe that "things" are too expensive in Australia, and for some reason both sides of government are happy for that lie to persist. Yes, if you look at it from a "micro" point of view, it appears more expensive to have something done locally. But not when taking a macro view. Imagine if you will that you are bidding on a new contract (against a Chinese competitor) and the govt agrees that you can provide the service without paying taxes of any kind. Now also imagine that you could cut your wages bill because the new employees didn't have to pay taxes, then cut your supplies cost, then cut your wages bill further because your workers nolonger have to pay inflated living costs. Lastly take out all the costs driven by our inflated land prices. You would be highly competitive, you would have created jobs, and nobody would be worse off. And if you think I'm talking nonsense, consider this. Having mined iron ore, and energy (say coal) it is apparently cheaper to ship them both to china, make the steel there (in a process that is NOT labour intensive) and then ship the steel back to Australia. That is literally impossible, and yet it happens. The first problem is that taxation. The 2nd problem is that the Chinese government keeps selling their currency short, but the kicker is what they do with the other side. We're actually getting hoodwinked. Imagine this scenario: The Reserve Bank of Australia starts selling off huge amounts of AUD on the foreign markets, this depresses the value and makes our exports more profitable. This also cause the RBA to accumulate trillions of dollars in USD reserves. This WOULD also make our imports very expensive, but the RBA then gives multiple Billions of those USD to BHP so they can buy foreign mines and take the produce cheaply, The RBA also gives USD to companies like Qantas to buy their planes, and also gives massive interest free USD loans to private citizens so we can buy foreign real-estate. Sounds Bizarre, illegal, unconstitutional, anti-free-trade, and just plain nuts? But thats EXACTLY what China does
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18-08-2020, 05:42 PM | #242 | ||
I am Groot
Join Date: Dec 2007
Location: Burnett Heads, Qld
Posts: 6,840
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Probably the best post you have ever made, this from someone who grew up in the Perth northern suburbs of Balga/Nollamara and served in the Pilbara Iron Ore industry from the early 80's to the early 90's.......now working in the dying Offshore Oil & Gas industry off WA/NT......
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25-08-2020, 03:16 AM | #243 | ||||
Banned
Join Date: Jun 2020
Posts: 225
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Thought this was funny of news.com.au
https://www.news.com.au/technology/e...97fea3a989f966 Quote:
https://www.news.com.au/technology/e...9ff073c98700d0 Quote:
They are just as bad as old time religion fear mongering. Their main page its just like a storefront, its like take your pick of what scares you the most and your brain's subcouncious clicks on it out of fear of not knowing "the truth" but the reality is that each article is designed from the ground up to trigger your fear reaction. I know this and filter it out but to see them do it to the weather, that's funny. |
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27-08-2020, 06:51 PM | #244 | ||
Ford G6ET FG MkII
Join Date: Jul 2020
Location: W.A Cap. Nth. Sub.
Posts: 485
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Not a good sign, this wont be good for Australia's economic recovery
https://www.globaltimes.cn/content/1199028.shtml |
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27-08-2020, 07:14 PM | #245 | ||
^^^^^^^^
Join Date: Jan 2005
Location: online - duh
Posts: 9,641
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Don’t just read the headlines, but that articles doesn’t touch on many of the facts either.
Iron Ore exports to China from Australia were down because COVID shut down a lot of Chinese steel making, so they didn’t need as much Iron Ore or Coking Coal. Iron Ore exports from Brazil to China were up (month on month) as Brazil has been out of the market following last years Environmental catastrophes and their production has also been hit hard by COVID. They are only now coming back into the export market. That said, do I think our current Governments posturing with our largest trading partner is wise. Hell no. Just shut the **** up ScoMo
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28-08-2020, 12:19 AM | #246 | ||
Banned
Join Date: Jun 2020
Posts: 225
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It got worse Raptor:
https://www.news.com.au/finance/econ...a3b21a24ce2dda |
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28-08-2020, 09:20 AM | #247 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Quote:
4 vlocs built with more to come, for only one reason. This whole China relationship is like death by a thousand cuts. Slowly slowly... Maybe best just to cut all ties and get it over and done with.
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~~~~~~~~~~~~~~ Rides (past and present) Current: 2004 Ford Falcon 5.4L 3v Barra 220, Manual Past: Mitsubishi Sigma (m), Toyota Seca (m), Toyota Seca SX (m), Toyota Vienta V6 (m), Toyota Soarer 4L v8 (a), BA XR8 ute (m), T3 TE50 (m), BMW Z4 (m) AFF motto - If contrary views trigger, please use ignore button. |
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28-08-2020, 09:55 AM | #248 | ||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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China Iron Ore Imports Touch New High In July
https://www.sharecafe.com.au/2020/08...-high-in-july/ Sorry I read it wrong. The import was record high, may not directly correspond to our export hitting record high. |
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28-08-2020, 05:26 PM | #249 | |||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,434
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Quote:
Apparently we can't get our Chinese counterparts on the phone to discuss anything if our ministers are to be believed and I tend to believe them given what we have heard and read. How do you resolve things if both are speaking through the media? Regardless of whatever tensions there are you don't drop it cold as it appears has been done and keep it going behind closed doors. Can you imagine an Aussie minister being able to turn up at the Chinese equivalent of the National Press Club (assuming there is one) and talk about how butthurt we are |
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28-08-2020, 06:27 PM | #250 | |||
^^^^^^^^
Join Date: Jan 2005
Location: online - duh
Posts: 9,641
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Quote:
China has most deals at risk under new foreign interference powers That’s about Australia’s need to get its own show in order and decide who the power sits with. Is it private/public enterprises such as companies or Universities, State Governments or only the Federal Government? We stuffed up Federation, haven’t had the balls to become a Republic, and let the wealthy make their own rules. Is it any wonder no one knows who’s in charge . I know, let’s blame those foreigners for interfering. (Which could also be viewed as investing and injecting capital into our country/businesses/institutions) You can’t blame the Chinese or anyone else just for trying to get a deal done.
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. Last edited by Raptor; 28-08-2020 at 06:38 PM. |
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28-08-2020, 06:45 PM | #251 | |||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,434
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Quote:
The federal government sets foreign policy and the states should not be able to enter into any agreement, MOU, contract whatever you call it that is contradictory to that. While we know this is most obviously more applicable to China than others, the laws apply to any country. I have noticed that generally speaking we shy from naming China publicly even though we know what it is about. It's more the rowdy back benchers who do. |
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29-08-2020, 03:51 PM | #252 | |||
FF.Com.Au Hardcore
Join Date: Jul 2005
Location: Melbourne
Posts: 6,918
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Interesting response from the ex WA premier. I wonder what other sitting premiers are thinking. What you can say will be very limited without getting hung by the opposition and the media.
https://www.abc.net.au/news/2020-08-...-laws/12601514 The bill has good intentions, but no way should such powers be granted to an a single minister. Does a defence minister have sufficient experience in business and trade to make a sound risk based decision? What checks and balances are there to stop "deals" being blocked for political gains? Given that each decision could potentially have long lasting effects, and have huge ramifications on the future for certain industries, it should be done by a committee made up of bipartisan members. Not by an individual who might not be there in less than 4 years. And if you really want to get serious, remove all foreign influence and funding from our foreign policy think tanks like ASPI and Lowy, which provides foreign strategic advice to the government, and which often end up with "deals" being made. Stop doing things half @ssed. Victoria will certainly be the biggest loser, followed by WA, then maybe QLD. All Labor states. Maybe just coincidence. It will be very interesting to hear what the justification for cancelling Vic's BRI MOU will be.....because in 2018...... Quote:
I wonder if they'll pick up the phone now |
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29-08-2020, 07:43 PM | #253 | ||
Donating Member
Join Date: Jan 2007
Posts: 292
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There are many think tanks. institutes and other similar bodies attached to universities too; They do provide some very interesting observations and story lines to media. My observation is - They are more like very clever lobby groups in disguise; some funded by external governments, large corporations and even our own government.
When one here the same story over and over again from many sources, there is a tendency to believe it without realising it. I sincerely hope there is a policy line looking after the best interest of Australia rather than towing the line; do not like the ""you are with us or against us" version. Regards, George V |
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07-09-2020, 04:04 PM | #254 | ||
Banned
Join Date: Jun 2020
Posts: 225
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I strongly recommend anyone following this thread to also watch this video:
https://youtu.be/GSfeZWvCeBY?t=471 As we all know an invasion of Taiwan is bad news as the US would be pressured to support their interests in the region. I wouldn't be surprised however if North Korea doesn't take advantage of such a situation. If that is the case then there is no reason why China couldn't also take advantage of the situation and invade Hong Kong to assert their dominance over their claims over HK. The US then seeing this as a greater threat also support Hong Kong. Russia then seeing this as a threat to their interests sends troops to Hong Kong Taiwan and the Chinese border. I doubt Japan would be given up easily. The only thing preventing this would be the Covid-19 lockdown easing and all western economies globally recovering and relations with China improving over time. Hopefully Trump doesn't win again. I don't see the Chinese man-made islands being of any threat to anyone, an artificial Tsunami from a water detonated nuke could probably wipe them off the map quite easily. Last edited by gooseneck; 07-09-2020 at 04:15 PM. |
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07-09-2020, 05:23 PM | #255 | |||
Ford G6ET FG MkII
Join Date: Jul 2020
Location: W.A Cap. Nth. Sub.
Posts: 485
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Quote:
I read somewhere today, China is on track to have a bigger fleet of ships etc. than the U.S. I think the Taiwan, Hong Kong and the Sth China Sea is (as per the vid) is brewing into the most probable. That said there is some experience on AFF, history etc. ; I guess who knows. I'm not sure a Trumpless Whitehouse will help much, hopefully him not there will help build alliances. Yes Trump supporters, he has tackled some issues but he obviously has the social skills of a preteen |
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08-09-2020, 10:59 AM | #256 | |||
Peter Car
Join Date: Dec 2004
Location: geelong
Posts: 23,145
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Quote:
Based on those comments, I can pretty much just ignore the rest of your thoughts. And Trump being in office is a good thing. He's one of the only ones keeping the CCP in check. Imagine Dementia Joe negotiating with Xi. God help the world if that happens. It would be a disaster. Weren't you the one that went on a big anti-communist rant? Or was that someone else. |
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09-09-2020, 03:30 AM | #257 | |||
Banned
Join Date: Jun 2020
Posts: 225
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Quote:
https://www.vox.com/2019/8/1/2075003...itary-invasion https://pjmedia.com/news-and-politic...akness-n600266 An invasion of Taiwan would spark further unrest in HK and HK is a good port the Chinese wouldn't leave those ports alone in their plans for a larger conflict if they have any. Specifically it would be a nice little launching point that is easily defended on all sides. The Chinese could put artillery on all sides of HK Island and defend the HK port quite easily. There aren't many other ports nearby that are as close to their stakes in the South China Sea and Taiwan so they could use HK as a means of defending their stakes. All of the other ports are mostly farmland. The US won't invade Hong Kong by putting ground forces down that would be suicide, They would just bomb it. But the US fearing civilian casualties won't. For China to take HK would be the perfect launching point into the south. The closest harbor then would be XIAODANSHAN (Near Ningbo) but that is in the east china sea, more suited for Japan. In other news: https://www.news.com.au/technology/i...6dbb7809166b6f Last edited by gooseneck; 09-09-2020 at 03:57 AM. |
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16-10-2020, 11:13 PM | #258 | ||
FF.Com.Au Hardcore
Join Date: Apr 2005
Location: Canberra
Posts: 13,434
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It's been reported that the CCP are telling Chinese companies to cut coal and cotton imports. It's not really clear if this is a cyclical thing or meant to be 'punishment'.
I guess the next thing on the chopping block is iron ore and if the later is true (punishment), then our government should stop laying down and taking this ****. Not sure what we can do that can hurt them without hurting Aussies but at some point a line has to be drawn. |
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16-10-2020, 11:36 PM | #259 | |||
Ford G6ET FG MkII
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Posts: 485
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Quote:
Aus has good quality so if we can re distribute buyers, **** them up the **** |
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16-10-2020, 11:39 PM | #260 | ||
FF.Com.Au Hardcore
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02-12-2020, 06:58 PM | #261 | ||
Regular Member
Join Date: Aug 2013
Location: South Burnett Qld
Posts: 96
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Did anyone catch the interview on ABC radio national thismorning where a prominent Chinese born Chinese-Australian community leader, when asked how could we diffuse/rectify the current political conflict (or words to that effect); suggested we needed a new leader of our parliament/government as Scott Morrison couldn't do the job, or maybe even "a new government"? I found it very interesting that the answer wasn't that China needs a new leader!
Last edited by ad2013; 02-12-2020 at 07:17 PM. Reason: trying to minimise anything that might be construed as racist comment |
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02-12-2020, 07:19 PM | #262 | |||
Ford G6ET FG MkII
Join Date: Jul 2020
Location: W.A Cap. Nth. Sub.
Posts: 485
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FFS, they often say 'don't get into China's business' They don't want Scott because he resists and/or spoke out !? |
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02-12-2020, 07:21 PM | #263 | |||
FF.Com.Au Hardcore
Join Date: Mar 2012
Posts: 5,068
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Quote:
One more step.... I found it very interesting that the answer wasn't that we need a new leader, a Chinese one |
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02-12-2020, 09:38 PM | #264 | ||
🚫⏰4️⃣🐃💩
Join Date: Sep 2012
Posts: 1,901
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China has killed 1,484,156 people (not including their own) around the world since December 2019. That figure is still rising. Not to mention the economic situation around the world, which will take decades to recover from.
They did this without firing a single bullet. And what is the world doing about it? Sweet f**k all. Wars have broken out for much less. China has to pay! |
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03-12-2020, 12:16 AM | #265 | |||
Where to next??
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Location: Sydney
Posts: 8,893
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Quote:
Watch some of their fights and arguments on YouTube - makes your blood boil just watching how they can argue and defend their own stupidity. I had the unfortunate experience of dating a Chinese girl for a while. Some of the stuff I observed and the conversations we had have a very similar tune to what China is doing to Australia.
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___________________________ I've been around the world a couple of times or maybe more....... |
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03-12-2020, 08:49 AM | #266 | |||
Budget Racer
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Location: Melbourne
Posts: 2,421
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Quote:
Would you accept the same categorising of how "all" Australians think in the same manner?
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03-12-2020, 09:57 AM | #267 | |||
FF.Com.Au Hardcore
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She used to photoshop you? |
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03-12-2020, 04:41 PM | #268 | |||
Where to next??
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Location: Sydney
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I'm also an importer and salesperson of products, and travelled extensively in China as well as several other countries when I was searching for suppliers. I knew 12 years ago to NOT do business with them, and my 1 month and 1 day there for holiday / business was the worst travel experience of my life (and I have been around the world several times for extensive periods). I source my products from South Korea BTW. There are multiple Youtubers that go into detail the mentality of the mainstream Chinese and their sweeping generalisations are also validated by their own experiences and observations. Of course what I say doesn't apply to all Chinese and I never implied that all do as I suggested however there is an ever-growing global dislike for how they act and behave and there are reasons for that.
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___________________________ I've been around the world a couple of times or maybe more....... Last edited by Yellow_Festiva; 03-12-2020 at 04:46 PM. |
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03-12-2020, 05:08 PM | #269 | |||
Where to next??
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___________________________ I've been around the world a couple of times or maybe more....... |
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03-12-2020, 05:28 PM | #270 | |||
Where to next??
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___________________________ I've been around the world a couple of times or maybe more....... |
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