Hasbeen what an offensive comment
We tend to lock verbal horns, but in the end? thought better of you
Yes as you constantly remind us you came from a very much higher income back ground than me.
This subject has *NOTHING TO DO WITH WHO IS RUNNING THE COUNTRY*
Yes my darkest fear, for some time, has been Labor may take over at the start of the next crisis, I know, my party, MUST prove its economic management ability
Hasbeen do you understand your outburst puts you in the company of a few others who no one ever considers as bright.
No current world government can ensure no crisis will take place Aiden, a far brighter poster than some,seems to think we can grow forever, free of any unknown hurdles ahead for the world or country
Only the date of a coming crisis is unknown Hasbeen will say it is the day Labor takes office

Belly, tell me what was untrue in my last post.

That you don't like the facts of the post does not make it any less true.

Canem,
I do advocate free trade, as there is more to gain from it than to lose.
I'm not sufficiently familiar with the term "industrialist" (as an adjective) to confirm or deny I support those policies.
As for capitalist policies, I oppose the policy of keeping capital scarce so everyone's beholden to the financiers. And though I'm pro market, I don't believe that markets are perfect, nor that undistorted markets are inherently superior. But I support most other aspects of capitalism.

I oppose economic conservatism because it blindly pursues what it wrongly believes to be good economic management, while ignoring the real needs of consumers and businesses. But with social conservatism it's more complicated - the centre has shifted so much that in terms of values I'm more likely to side with the conservatives on most (but not all) issues, but because I'm more libertarian than authoritarian I'm still more likely to oppose the conservatives overall on social issues.

I wouldn't define Conservatism as Authoritarian but more Traditionalist but feel free to use the term that you prefer. Like I said it's a matter of degree and balance- I appreciate your concept of economic momentum. It's hard to avoid extremes all we can really do is push in one way or the other- so we see the ship lurching left and right across the ocean of history.

Canem,
Whether or not conservatism is inherently authoritarian, the conservatives in our parliament (and indeed on this board) certainly are.

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Belly,
It's not that I think there will be no unknown hurdles; it's that I think they're easily overcome. Unless China goes to war, which really would be devastating (mainly for China, but also for the world in general).

Aiden forget interest rates, if another crisis is to come it may be for very different reasons
But interest rate rises may well come as a symptom of that other problem
We know, or should, the G20 meeting may bring China and America together on trade
Who is willing to say it will
Australian personal debt is even worse than our nations one
Who truly, saw the GFC coming
We all should have
Nothing is forever nothing can forever produce wealth without corrections