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Generation's success depends on more than jobs : Comments
By Jan Owen, published 24/4/2014We've had some great conversations, but it doesn't stop there.
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And also expose them to some very relevant work experience and helpful networks as part of the same experience!
We also need to claw back our own economic sovereignty, and the repatriated profits, that the fire sale of that item is taking from us, and indeed, the huge additional economic activity, that money could create, if left to circulate around and through our own economy, before being permanently lost elsewhere.
We need to once again become a country that makes things, as not everybody, can be a uni graduate or service provider.
Very few services can be exported!
What we need is a government, that actually understands energy and capital's roles, and creates policies that bring down the cost of both.
Energy is something we have an overabundance of.
Capital, well that's a little more difficult, given the big four are mostly owned by foreign equity firms/hedge funds?
And, we have studiously avoided using thirty year self terminating bonds; or, can't seem to sell our energy resources fast enough, or worse, leave those with the lowest carbon footprint or extraction costs, in the ground, or as capital creating equity/mineral banks, for foreign investors?
Were we to adopt some form of social credit, to allow us to finance our own resource extraction, infrastructure requirements, and our own energy resources, we wouldn't be totally dependent on the whim and caprice of foreign firms and or foreign capital; just to get some of this done!
Nor would we be required to further grow, a foreign debt burden, that's already at record, stratospheric levels!
I've read some numbers, that equate our own private sector, (Foreign) debt, with China's total foreign exchange reserves!
And whether we chose to acknowledge it or not, are forced to pay a premium, just to service a debt burden that arguably belongs to someone else, somewhere else?
Rhrosty.