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The Forum > General Discussion > Globalisation

Globalisation

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I still think tax reform is something we must do.
In fact we should look at reform in most things.
But global trade seems here to stay, Australia has many more gains than losses from our opening our markets.
How do we, and the world trading community handle ever present self interest?
We suffer in some areas of farm production and win in others.
Yet that, highlighting food production may well have to sustain us in any future depression.
Such a thing remains a possibility, I am truly concerned about China, their growth must slow no matter what they wish.
Remember multi national trading firms exist to some extent as a way of avoiding tax.
Not an easy subject but one that confronts us now and long into the future.
Posted by Belly, Sunday, 2 February 2014 12:47:17 PM
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Remember multi national trading firms exist to some extent as a way of avoiding tax.
Belly,
That is just so true & it is that we need to find an economic alternative for. There a businesses who have so much gear only for write-off reasons. That is what we need to get rid off, the idle monies, money that should be going round'n round instead of being stale until some greed monger sees fit to find yet another loophole to have even more money going stale instead of doing the rounds in what's commonly known as economy. Stale money locked away is only good for one, money doing the rounds is good for all.
Criminal assets need to be used to prop up Police & emergency services. Public Service Wage ceilings should be no more than 5 times the minimum wage. Anyone wanting better money better make it themselves, don't bludge off the tax payer. Ousted politicians should have to wait to access their Super until age 65, just like us. Imagine the living standard we could have in Australia.
Posted by individual, Sunday, 2 February 2014 1:52:50 PM
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If you want to save your country's future and that of others, you need to stop banks creating money out of thin air. Those gifted with legal counterfeiting are able to manipulate the markets of the world for the benefit of the few.

They get to set, manipulate prices.
They get to set, manipulate interest rates.
They get to set, manipulate wages.
They get to set land and house prices.
They get to devalue the worth of your currency via inflation and artificially created scarcity.
They create the boom, bust, business cycle for their own ends.
They get to create winners and losers.
They allow your government to spend the productivity of your children's, children.
They get to indebt your children and your children's, children, robbing them of their future's.
They get to codify in law what you can legally exchange in free trade with others.
They have the power to destroy whole countries and rob them of their wealth.
They are now allowed to steal money directly from your bank accounts and from your tax contributions.
They get to launder money to those that will enrich them further. And much, much, more, all for the benefit of a few.

They get to do all of of these things with the complicity of your governments.

Tell me why we allow this to happen? Can you not see how detrimental all this is to every living person on the planet? Can you not see the end game? Or are you willfully ignorant?

Give me control of a nations currency and I care not who makes her laws!
Posted by RawMustard, Sunday, 2 February 2014 2:49:36 PM
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They get to do all of of these things with the complicity of your governments.
RawMustard,
So, in your opinion it then doesn't make any difference which Government ? I simply can't help thinking that at least in Australia a Coalition Government will always do a better job than an ALP Government. I have been here well over 40 years & have yet to see us making progress under an ALP Government. Don't get me wrong I don't think it's not possible but I think it's highly unlkely that an ALP Government could manage for the good of all rather than just a selected group of supporters such as Public Servants & those relying on public funding due to unproductivity..
Posted by individual, Sunday, 2 February 2014 4:49:36 PM
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We never truly looked in depth at the effects of leaving world trade and staying.
We did our usual best that is to belt Labor on flimsy grounds and take the thread in to a tiny corner of its true width, tax
In complaining about our losses we should also credit our gains from globalization.
I step lightly around Individuals anti Labor comments.
Chuckling madly, knowing it was Labor who opened this country to world trade and reformed our banking system.
Posted by Belly, Monday, 3 February 2014 7:03:49 AM
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Globalisation is already ending.
It seems to have started with the production of furniture and sheet &
bar steel back to the US.
"insourcing" as it is now called is spreading.
One news item today, more Honda cars are exported from the US than are imported.

It was originally started by the rising cost of bunker fuel and the
cost of container freight but has now been driven by higher wages in China.
The tendency has also been driven by the increasing number of diesel cars.
The refineries have had to be reconfigured to produce more diesel and less bunker fuel.
The result is ships have to buy a mixture of bunker & diesel. More $$

Many politicians are enthusiastic about it because it did work for
some time but laying down rigid rules was its fatal flaw.
That globalisation has failed in the long term has become obvious
because it was unable to cope with rising energy prices.

We are about to enter a new free trade zome treaty, TPP as it is
called which inevitably will be a disaster in the longer term.

So the question is not what can we do about globalisation, but how can we hurry it to its grave.
Posted by Bazz, Monday, 3 February 2014 8:11:29 AM
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