You are such a retard jord. Seriously.jord wrote:
Yyyyyyyyyyyyyyyyyeeeeeeeeeeeeeeessssssssssssssssssssss
I thought you left, I had a party and everything...HellHead wrote:
You are such a retard jord. Seriously.jord wrote:
Yyyyyyyyyyyyyyyyyeeeeeeeeeeeeeeessssssssssssssssssssss
Meh, you'll be poor soon, and won't have the internet. Counting down the days until that day...
Wait is HellHead the guy that keeps on posting topics about how you abuse him so much via PM's
No Hellhead's the stereotypical uptight, can't take a joke nobhead.Mekstizzle wrote:
Wait is HellHead the guy that keeps on posting topics about how you abuse him so much via PM's
That other tool is cluwits or something, I don't know what his name is. Like a 8 year old he substituted letters for numbers to act cool.
All that goes to show is just how deeply the problems run.usmarine wrote:
haha. all we heard was how strong these countries economies are. appears they were fragile at best. paper tigers ftl.
The whole world economy is fucked right now. The fiscal policies of individual countries may have some bearing on when or how fast a given country will suffer, but suffer it most certainly will.
No one yet seeing why I keep on saying we need a world without borders?
Where has all this money gone, like this timr nearly 2 years ago we was sitting pretty, now what...2-3 Trillion has just gone, its got to have gone somewhere!
obamaELITE-UK wrote:
Where has all this money gone
No it was never there in the first place, it's just finally catching up now.
Or thisusmarine wrote:
obamaELITE-UK wrote:
Where has all this money gone
Last edited by Mekstizzle (2008-11-13 15:47:25)
Is that a joke?Scorpion0x17 wrote:
No one yet seeing why I keep on saying we need a world without borders?
No.Bell wrote:
Is that a joke?Scorpion0x17 wrote:
No one yet seeing why I keep on saying we need a world without borders?
*Starts singing John Lennon's Imagine...Scorpion0x17 wrote:
No.Bell wrote:
Is that a joke?Scorpion0x17 wrote:
No one yet seeing why I keep on saying we need a world without borders?
Is it really the kind of thing you can deny? It has a pretty clear definition.KEN-JENNINGS wrote:
Some people here refuse to acknowledge we are in a recession.imortal wrote:
Haven't you heard? Here in the US, ever since the election, we are no longer in a recession. It is an economic downturn.
you would think so. but, consider the source.Bell wrote:
Is that a joke?Scorpion0x17 wrote:
No one yet seeing why I keep on saying we need a world without borders?
yeah, so, I'm a pot smoking hippy, you got a problem with that?TheAussieReaper wrote:
*Starts singing John Lennon's Imagine...Scorpion0x17 wrote:
No.Bell wrote:
Is that a joke?
Sorry, perhaps I was not clear. Overnight, the news media stopped refferring to the current economic situation as a recession. Starting Wednesday, November 5th, they were calling it the 'economic downturn.'KEN-JENNINGS wrote:
Some people here refuse to acknowledge we are in a recession.imortal wrote:
Haven't you heard? Here in the US, ever since the election, we are no longer in a recession. It is an economic downturn.
To those who were laughing at my comments about a borderless world...
Who is that the US/UK/Europe are looking to to fix the problems now?
Oh, might it be the INTERNATIONAL Monetary Fund???
Might it?
Might it?
Also, if you Americans like borders so much - why don't you get rid of your federal government and have separate, independent state again - oh, I forgot, last time you had that, you had a CIVIL WAR!
Same for Europe - no more EU.
In fact, we should all just look after our own individual selves.
Let go back to fighting over individual caves.
Yeah, that sounds like progress.
Who is that the US/UK/Europe are looking to to fix the problems now?
Oh, might it be the INTERNATIONAL Monetary Fund???
Might it?
Might it?
Also, if you Americans like borders so much - why don't you get rid of your federal government and have separate, independent state again - oh, I forgot, last time you had that, you had a CIVIL WAR!
Same for Europe - no more EU.
In fact, we should all just look after our own individual selves.
Let go back to fighting over individual caves.
Yeah, that sounds like progress.
For most of Australia's history we have run a current account deficit, it's nothing new and nothing to be worried about. Also with the fall in the Australian dollar, our exports have become more attractive to the rest of the world and domestically produced products will have a competitive advantage locally. Both of which will help our economy to keep growing.Dilbert_X wrote:
Don't count on anything.AussieReaper wrote:
Our economy looks like it will very narrowly miss a recession, but only because we've been able to ride a mineral boom and export coal\uranium\whatever else like crazy to the Chinese.
They could stop their expansion tomorrow, and mineral prices have already started collapsing with a long way to go.
Even with the boom our current acct deficit is horrible, without it we're screwed.
Digging dirt out of the ground and putting it on boats for the Japanese and Chinese to add value is not a long term plan.
There is no problem having a budget deficit, its why we have surpluses, so when things get tough the government can spend money and stimulate the economy and help out those hardest hit. The problem is the state governments are completely useless at any kind of budgeting and waste money like nothing else.Dilbert_X wrote:
The states are going to need that entire budget surplus to bail them out this year.
Next year it'll be a deficit.
Generally the desired rate of growth is 2-3% p.a, much higher and you get inflation, which can destroy an economy as fast if not faster then a recession. To answer your question, no, its not that bad for short periods, but long term can cause quiet a few problems.FatherTed wrote:
to be fair, Germany has for quite a long time been uber (get it!) strong economically.usmarine wrote:
haha. all we heard was how strong these countries economies are. appears they were fragile at best. paper tigers ftl.
General (honest) question, is a 0.25% drop big/bad etc?