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The Forum > General Discussion > As the non mining economy slows, Labor slams on the brakes.

As the non mining economy slows, Labor slams on the brakes.

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As you are all aware I am rather more pessimistic about our future
while the politicians are asleep.

Australia's problem is that we are surviving on China's growth.
China is already in trouble with electricity supply.

Unless they can get the growth in electricity to be greater than their
economic growth their growth will stop or slow.
At near 10% growth it means their economy will be doubled in 7 years.
It just cannot happen !

It must crash in the next very few years.
Together with China shifting their supply of iron ore to their own
mines in Africa our mining industry can expect a big fall in orders.
Then Australia will know about rehctub's list of failing industries.
Posted by Bazz, Wednesday, 14 September 2011 8:22:56 AM
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Bazz,

This carbon tax has nothing to do with what people want, people need, or the global emissions. It is primarily to satisfy Bob Brown and keep Julia in power.
Posted by Shadow Minister, Wednesday, 14 September 2011 9:23:43 AM
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SM, well yes we all know that.
The carbon dioxide tax will become a side issue very quickly when TSHTF.
They can adjust its effect very quickly by changing the tax down to say $1.
I presume that the tax rate will not be built in in concrete in the
legislation. They wouldn't be that stupid; would they ?
It will really get tough as the mining industry slows.
Posted by Bazz, Wednesday, 14 September 2011 10:57:13 AM
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What a bunch of Cassandras and Moaning Minnies there are on parade here.

I just hope that you lot are "pursuing your careers" somewhere in the bowels of the Public Service, where you can do no harm. You certainly wouldn't make it in business, that's for sure.

But it is vaguely amusing to see you weeping on each others' shoulders. Arjay is right, you should all start to protest in earnest, just like he does.

>>There were on about 60 of us but we had a big impact.<<

Sixty, eh.

Impressive.
Posted by Pericles, Wednesday, 14 September 2011 11:56:45 AM
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why austerily measures wont work
http://vidrebel.wordpress.com/2011/09/12/the-mathematics-of-austerity-proving-austerity-never-was-even-intended-to-work/

never have
never will

stop throwing good govt cash
to bad govt..and big business gone bad
Posted by one under god, Wednesday, 14 September 2011 2:31:31 PM
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Well, yes Pericles I am a Cassandra, I acknowledge that.
Someone has to be blowing the whistle to try and wake up the pollies.

Actually what you are demonstrating is a phenomena that is well known.
When people are presented with scenarios that seem to have an effect
to change their established style of living and upset their
expectations it is very common to see denial set in.
This is from where the AGW crowd get their "denial" rant.
When first faced with such a declaration of a problem it is just taken
as over the top and just not real. You know the story;
"There is plenty of oil. the oil companies are concealing it"
"I have seen the capped wells all over the country"

However after a time, when the story comes from other sources and gets
a few references from organisations like the IEA, people start to
think about it;
"Might be true, but won't worry me I will be dead by then."
"Hmmm later in this decade ?" Hmmmm.

Just consider, the present problems in Europe & the US are following
the predictions that were made by a number of people like Kenneth
Defreyes, Colin Campbell and in 1956 Marion King Hubbert.
It is all there.
Our problem is that the politicians should be implementing the
mitigation steps suggested in the US government report by Hirsch.
Hirsch said a soft transition to other energy will require 20 years.
Posted by Bazz, Wednesday, 14 September 2011 3:52:31 PM
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