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The Forum > General Discussion > Tony Abbotts delema

Tony Abbotts delema

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Simple 579, he had read the BHP chairman's statement as well as the CEO's.

Keep up the good work. At this rate you will have Lexi voting for Abbott !
Posted by Bazz, Thursday, 30 August 2012 6:22:49 PM
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Bazz . Every day there is a new blunder from the coalition unaligned movement. Double crossing each other, they don't have a single story.
Mr Abbott making thing up as the day progresses, the rest of them can't keep up.
The noalition have already answered their own question where the money is coming from for the dental proposal. For years they have been saying how much excess money there is in the economy, so there you are.
Butch is worried about govt debt; If it wasn't for that money company's and other businesses would be borrowing private money at far greater rates. This would just slow the economy down.
2012 is the peak for govt debt, after 2012 the defecit will decline, future growth will finance debt reduction. As the forward estimates say.
Posted by 579, Friday, 31 August 2012 8:51:29 AM
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As the forwards estimates say.....

So, tell me, has the forward estimates taken in to account a likely slow down in mining?

If not, what then?
Posted by rehctub, Friday, 31 August 2012 12:37:41 PM
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Over supply will always cause fluctuations in demand, maybe miners need quoters, to protect the smaller players from price fluctuations. No doubt the bigger miners will keep the pace, to put pressure on the smaller ones.
A normalization of supply, instead of boom quantities.
The iron ore mining needs a slow down, come back to reality, no boom cycle is going to be there for ever.
Posted by 579, Friday, 31 August 2012 1:49:24 PM
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579, that has all the characteristics of a politicians answer, as it doesn't answer the question.
Posted by rehctub, Friday, 31 August 2012 6:37:35 PM
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Treasury does not take into account inflated figures, Fictitious numbers
China is a long time from being finished.
The golden years are not so golden all of a sudden, they have turned to stone. But with that sort of thoughts running through mr Abbott's head, how can the man be trusted.
The needs for a script writer to plug the gaping hole, is in order.
Posted by 579, Saturday, 1 September 2012 7:31:29 AM
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