The Forum > General Discussion > Milking Globalisation excuses.
Milking Globalisation excuses.
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Posted by steve101, Thursday, 18 August 2016 2:20:44 PM
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March 1983 elected Bob Hawke Labor party floating Australian dollar removed fixed currency protectionism, allowing Australian farmers to be borrowing money from Swiss banks at low interest rates. When Australian interest rates declined, not shown in RBA statistics, yet mentioned on an Australian documentary “Making Australia Great: Inside Our Longest Boom”. Australian currency went from AU$1.00 buys US$1.40 to AU$1.00 buys US$0.80. Resulting in Australian farmers having taken advice from banks to borrow Swiss Franks, eventually farmers debt obligations in Swiss Franks doubled, sending many farmers bankrupt, many farmers losing their farms. Bankrupt farmers are forgotten while Bob Hawke and Paul Keating are praised by financial media historians and the federal Liberal party.
Federal banking and corporate laws allow establishment controlled banks and share market traded companies, all about maximising profits for share holder excuses, to carry out unethical behaviour, catholic church written bible end of time ideology to get away with manipulating accumulated wealth out of the control of working class. Church ethical excuses being “working class having no money to purchase limited resources is good for the environment”. As priests blamed a far away god, CEOs through media blame “Globalisation” far away global market forces. Malcolm Turnbull and N.S.W. premier Mike Baird have already stated they are Catholics. So you have only to blame your own ignorance and denial for not wanting to take notice of what's happening, falling for finance media's “set up to be used in the future” bad excuses federal budget deficit concerns and politicians acting helplessness behaviours. Federal government leader tax cut statements, are like saying, “only market forces capitalism can run and or fix economies” and because taxes were cut, budget deficits were not managed for fixing a future crises. I could speculate, all the resent media on how problems in society: Nauru child molesting; aboriginal detention centres; budget deficits; school NAPLAN results; Hospital administration. Are propaganda conditioning Australian judgemental reactions to except “governments can't fix anything”. Posted by steve101, Thursday, 18 August 2016 2:26:17 PM
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Correctly educated citizens I believe wouldn't easily believe the lies. Traumatised, badly educated citizens I truly believe can't help themselves, having to believe the years of lies, otherwise they feel fear for being incorrectly believing what was believed in the past.
There's a scene in the Four Corners program where a man is describing a Murray Goulburn director telling the man, “you don't understand, we have our matrix operating”. The word matrix was used twice in the Four Corners program. http://en.wikipedia.org/wiki/Matrix_(mathematics) One version of what a matrix means is the 1999 movie “The Matrix”. The Matrix movie is more visually explained, rather than being explained using words. The Matrix movie seems to be about real humans plugged into a machine which creates a delusion and or an illusion of people working in a city full of high rise buildings. The buildings at times become rubbery. If I were to assume what the Four Corners Murray Goulburn director meant using the word matrix, I could speculate that banking money tokens go around the banking system, being lent, 5 business days clearance period, paying depositors interest on first day money tokens are deposited into accounts, relent after 5 business days. Following one token being lent to borrowers 52 times in each single year. Before the Protestant Reformation, Catholic Church considered lending money for the purpose of collecting interest was a sin, labelled “usury”. The Catholic Church was all about selling after death afterlife promises; prayers and masses to parishioners. Using money to repair and build churches. http://en.wikipedia.org/wiki/Usury In 1400s Catholic societies, Jews were often allowed to lend money, Jews benefiting from interest. I could assume introduced protestants also were excused from lending money, benefiting from interest earnings, hence a persuasive reason protestant religions began. Posted by steve101, Thursday, 18 August 2016 2:33:25 PM
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When economic hardship is blamed on collapsing financial borrowing systems, exampling Adolf Hitler blaming Jews for losing a war, too much borrowed debt. Hitler blaming Jews maybe an in-the-know establishment joke coming from ideas about “usury”, running economies on borrowed money. If this being true, a limited number of people being aware of the “in-the-know joke”, limited to whom I say is a hidden establishment, why not explain the joke on the Four Corners program?
Australia has 23 million population with AU$2 trillion in superannuation management. U.S. America has more than 320 million population with US$19 trillion national debt clock. Australia has a national debt clock. http://www.australiandebtclock.com.au/ Media often going on about debt, fear debt stories must merely be part of the matrix, in that debt must exist, constantly increasing. Wage inflation aids borrowers ability to borrow and service more debt. The things citizens buy with money may show little inflation, allowing money to look valuable, slowing needs to buy goods, allowing savers to hold money without intending to buy things people don't need to buy. The matrix is balance between: earning; saving; spending; borrowing. End of time economic collapsing banking systems may well be part of some establishment intentional matrix delusion. …......................... Australian Survivor, people living on an island, far away from civilisation, is one more end of time confidence trick preparation, to get future media listeners to sell property assets quickly during a below normal market prices period, similar to 1999 very low property prices, the year the 1999 movie The Matrix was created. Followed by media threats using explained in society death symbols and radio program “people believe Jesus is coming” reminders, not to constantly tell people of the tricks establishment governments get up to. The matrix movie may well be one attraction getting memory prompted to awareness during a media confidence gaining radio program, “we know you know too much, so we won't mess you around” eventually messing listeners around, getting listeners to sell property cheaply and head off to an isolated place. Using Survivor series and many other Apocalypse theme ideas to aid compliance. Posted by steve101, Thursday, 18 August 2016 2:41:06 PM
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Not to be confused with global trade, which has been going on since Columbus contributed to discovering America.
Australia exporting many unprocessed commodities to many countries. Australia imports clothing, manufactured motor vehicles and advanced electrical equipment. Share holders of exporting companies collect dividends, hopefully spending money in Australia, investing money in housing and other Australian companies. My argument is money is only a token of exchange established within the country money credits are recorded on a financial institution balance sheet statement. People of each country recognising the value of a currency to buy products in the country a currency originates from and or another country with better products up for sale, guarantees a pegged or limited floats a value with a country who has a lesser valued currency. Currency credits are generally an illusion of confidence, the value and desires to purchase desired commodities using money tokens, believing tokens are worth the effort to work long hours and or difficult labours, and limited alternatives that being poverty if no tokens were obtained. A country becoming rich with balance sheet credits are in danger of not having the value of accumulated credits not equaling retail product future demand. Australia builds houses and high rise units, offering property to foreign buyers prompting international currency exchange... or not? Major city house prices are often stated as over priced, due to local and foreign demand, I speculate, too much Australian currency lending money turn over, wealth creation. The: lending turn over supply of money credits; demand; no where else to invest savings credits because world interest rates are averaged zero; Chinese savers, being the world's largest growth expansionist country, Chinese companies are buying Australian property at any price. The above post reads like a school lesson... or not. Several movies show and occasional documentaries mention how after major wars, usually there are building expansion periods, The Wolf and the Three Pigs, story. Wolf metaphor for war, wolf blowing down houses of straw and sticks, wolf failed to blow down a house made of bricks. Posted by steve101, Monday, 22 August 2016 2:33:58 PM
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The 1861 to 1865 American Civil War 1865 end, began a railway driven moving west expansion period. Railway share traded companies went bust after expectation period of railways where transporting cattle to eastern states predicted earnings, failed to eventuate.
Great Briton during similar time period, experiencing similar end of railway expansionism, railway companies went bust. After the First World War, a building boom began, labelled the Roaring Twenties. A documentary stated before the 1929 Wall Street Crash, share markets were having a 2 year speculative boom. President Hoover was vaguely warning people about a market bubble. After the Second World War, a building boom began: rebuilding Europe; USA were building multiple lane highways; B52 bombers, cold war employment; commercial airports; residential housing; high rise office buildings. 1972 Richard Nixon “we're all Keynesians now” statement stating a 1929 bust was not going to happen. History has shown how a long periods of building development leads to a speculative boom, ending in a bust. Large company CEO's would have far more historical knowledge, warning CEOs not to buy companies at the top of a bubble; buy low, sell high, if CEOs can find other CEOs to buy companies at the top end of a bubble, basing company valuations according to recent profits and overly speculated commodity prices. Buying assets during a bubble is historically often proven a mistake. If such purchased assets are said to have been purchased at too higher price, I would consider statements to be lies. When I hear how companies are floated and or taken over during historically very low interest rates and or during historically high boom commodity prices, I speculate the company is going to be poor man on the verge of bankruptcy, pushing labour costs down and or abandoning company liability and previous signed worker union agreement obligations. Getting workers into debt on booming local property, bankrupting workers during following busts. All the globalisation propaganda excuses are often blaming problems on what's happening in other countries. Posted by steve101, Monday, 22 August 2016 2:36:45 PM
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One manipulating idea is that finance media scare listeners about over priced markets so often, seeing nothing happening, listeners can never know when to be aware of a future crises.
Western Australia; South Australia and Queensland are having difficulties getting over there boom periods. Westpack allowing for increased bad and doubtful debts.
Holden and Ford having not yet closed down.
South Australia aren't beginning to built submarines for another 10 years.
Glenn Stephens lowering interest rates, banks maximising lending to borrowers on borrowers ability to service lower interest loans. Many other borrowers bank supported borrowings, bidding up property auctions. Good for sellers of property, bad for buyers of property. Most property are old already built buildings which maybe subject to renovating, consuming money, sellers having newly acquired cash placed into banks, adding to banks needing to lend new cash deposits, creating “margin spread” profits. Money could have been used to build new buildings over a longer period.
Here is a history example, possible future scary indicator:
Second World War baby boom generation born around 1946, aged around aged 70 years. Now... in 2016, could be a metaphorically speaking “end of time”.
In between 1987 to 1989 boom period followed by a 1989 bust Paul Keating's “This is the recession Australia had to have”, was the First World War born around 1919, 70 year old working class citizens metaphorically speaking “end of time”.