the English speaking world.
A timely reminder of the actual state of affairs.
Not that John or Peter wish to emphasize this fact.
Household Debt in Australia has reached over one
trillion dollars, equal to more than 160% of
average annual household income! Interest payments
alone on such a sum, paid year after year on top
of direct and indirect taxation, are horrendous!
Not really the debt-free Howardland that John
claimed that he had created.
.oOo.
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Comments (9)
Digger
said:
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Our debt is only higher because our assests are worth so much more. Under PM Howard our wealth has skyrocketed; our homes are virtual goldmines for all of us. And we deserve it because we have worked so hard all our lives. You loony lefties with you ignorance of economics are, as usual, completely wrong. Digger, Cranbourne |
Von Mises
said:
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It is obvious that Digger is clueless. Digger, buy a beginner's economics textbook, and discover the stupid thing you just said. Too late to tell the truth now, Johnny is doomed. Now Petey will happily let Captain Turd go down with the shit. Who wants to be the turd in charge when it all gets flushed? |
*CAPTAIN_AUSTRALIA*
said:
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The shit is about to hit the fan IN A BIG WAY! Aussies are exposed to the cruel global winds worse than ever before. All thanks to lunatics like non-core John and his neo-nazi bum buddies. Nobody is safe, and this time watching the footie will not help the dopy Aussies. Maybe someone could try crucifying John, or burning him as a votive offering to the smirking gods! Everyone will be sorry this time... |
The_Exorcist
said:
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I warned you didn't I? I told you about Him. Now the global financial system is collapsing - RIGHT NOW! Yes, you idiots, RIGHT NOW! Why do you think the Dark One put a set of goblins in charge? To help you pathetic vegetables? That's a laugh. You are really in trouble now. Got it? TROUBLE, spelt B-I-G T-R-O-U-B-L-E. I will try to help you but I suspect this has gone too far. Pray for your sorry arses. Our Father who art in Heaven... -anti666 |
Unregistered
said:
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You forgot one important point Digger. If we are asset rich with our houses being worth so much then if no-one has the ready cash, there will be no-one to buy any of the houses in the first place, except foreigners who are not in the loop. If everyone in the room has gold bars, no-one in the room can actually make a move to buy any....simple logic. This APEC meeting reminds me of the Enron meeting before the shit hit the fan. Everyone posturing and firm handshakes and saying how good things are. It's too similar and it's scary. |
Stig Mata
said:
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It will all fall over soon anyway... GWB is ensuring the world goes to hell in a handbasket. |
Plotinus
said:
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Non-core John's "born-to-rule" Neo-Fuckwit stormtroopers are unable to believe that their victims would ever find out who their tormenters actually are. They are in stunned denial of what is coming. And what a petty little sulk Alex "Dangerously Stupid" Downer indulged in over Rudd's public display of mastery in spoken Mandarin. A few too many sips of taxpayer funder wine has removed any chance of a Howardland Neo-Fuckwit mastering Mandarin. |
Digger
said:
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Who'd want a PM thats speakies chinese? He aint a real man. Kruddy is a ex-public servant yes man. Perfect for his Union Bosses. Digger Cranbourne |
Stig Mata
said:
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Downer is such a complete dickwit you gotta wonder how he survived so far... no wait, all he had to do was fondle the Prime Monster's tiny testicles and join the amen-Johnny chorus! |
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