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Topic: Trumpled (Alternative Leading) (Read 790973 times) previous topic - next topic
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Re: Trumpled (Alternative Leading)

Reply #4215 –
282 pages on that disaster of a nation that really has nothing to with us on a day to day basis and not one page dedicated to the abysmally incompetent Governments/Prime Minister/Premiers here.
2021-Pi$$ or get off the pot
2022- Real Deal or more of the same? 0.6%
2023- "Raise the Standard" - M. Voss Another year wasted Bar Set
2024-Back to the drawing boardNo excuses, its time
2025-Carlton can win the 2025 AFL Premiership

Re: Trumpled (Alternative Leading)

Reply #4216 –
Quote from: Gointocarlton – on
282 pages on that disaster of a nation that really has nothing to with us on a day to day basis and not one page dedicated to the abysmally incompetent Governments/Prime Minister/Premiers here.

Understand your point, GTC old son. We've not got a lot to be inspired about in terms of our federal and state leaders.

But... what they do over there in the US has a very real impact on us over here. I notice that Dutton is starting to echo Trump strategies... Demonizing diversity for a start. Oh dear.
Only our ruthless best, from Board to bootstudders will get us no. 17

Re: Trumpled (Alternative Leading)

Reply #4217 –
Go Trump! Go Dutton!
2012 HAPPENED!!!!!!!

Re: Trumpled (Alternative Leading)

Reply #4218 –
Quote from: Baggers – on
But... what they do over there in the US has a very real impact on us over here.
Trump's action will cost real people real jobs right here in Australia, it's already costing people jobs in the USA with layoffs in the auto industry starting almost immediately.

MAGA people do not understand the economics, they think Trump is going to make things better for them, what Trump has done makes things better for billionaires not for Joe Average. People will lose jobs initially, then wages fall, eventually billionaires might hire more people at a lower wage, Trump will sprout that result as his policy creating jobs, lower wage jobs!

The only market segments where tariffs have a genuine impact are segments where actual dumping is occurring or is about to occur, that will be here because China and others suffering US tariffs will dump product here, costing jobs. If the government tries to stop dumping they'll apply a tariff, the cost of stuff will go up for everybody including the people without jobs. Got a mortgage?

If you wanted to really have an impact on markets, you stomp on the grey market, mostly full of knock-offs and counterfeits, but that hurts Joe Average also, with players like Kogan taking a whack. On the technology side of life I've heard it estimated up to 60% of every product you buy, including Apple and Microsoft, could be counterfeit or fake components.
"Extremists on either side will always meet in the Middle!"

Re: Trumpled (Alternative Leading)

Reply #4219 –
Quote from: Gointocarlton – on
282 pages on that disaster of a nation that really has nothing to with us on a day to day basis and not one page dedicated to the abysmally incompetent Governments/Prime Minister/Premiers here.

Yes, why hasn't anyone asked how Dutton managed to accrue a net worth of $300M on a copper's salary and then on an MP's salary.

We know that he rorted the system with his childcare business but that was worth peanuts.  I suspect that the answer lies in how an unknown company with no relevant experience and operating from a shack on Kangaroo Island was awarded the contract to run the Manus Island detention centre.
It's still the Gulf of Mexico, Don Old!

Re: Trumpled (Alternative Leading)

Reply #4220 –
Quote from: LP – on
Quote from: Baggers – on
But... what they do over there in the US has a very real impact on us over here.
Trump's action will cost real people real jobs right here in Australia, it's already costing people jobs in the USA with layoffs in the auto industry starting almost immediately.

MAGA people do not understand the economics, they think Trump is going to make things better for them, what Trump has done makes things better for billionaires not for Joe Average. People will lose jobs initially, then wages fall, eventually billionaires might hire more people at a lower wage, Trump will sprout that result as his policy creating jobs, lower wage jobs!

The only market segments where tariffs have a genuine impact are segments where actual dumping is occurring or is about to occur, that will be here because China and others suffering US tariffs will dump product here, costing jobs. If the government tries to stop dumping they'll apply a tariff, the cost of stuff will go up for everybody including the people without jobs. Got a mortgage?

If you wanted to really have an impact on markets, you stomp on the grey market, mostly full of knock-offs and counterfeits, but that hurts Joe Average also, with players like Kogan taking a whack. On the technology side of life I've heard it estimated up to 60% of every product you buy, including Apple and Microsoft, could be counterfeit or fake components.
Trump’s tariffs on Canada and Mexico could be a net positive for Australia, as both countries would probably send their exports to countries without hefty tariffs, potentially reducing prices for certain goods . But this would be completely offset by the impact of the 10 per cent tariff on China, as the demand for Australian goods and services would be likely to fall.

A bigger problem could be US inflation, which would not only put upward pressure on interest rates and reduce the potential for rate cuts but also it could hurt Wall Street and then our stock market could be affected, as we historically play follow the leader with the US market. If Trump lays more Tariffs on other countries there will be a worldwide trade war, Tariffs usually slow world economies and in some cases they dont do their job of protecting local industries anyway however in Trumps case thats not the point of the exercise in my opinion and its more of a political weapon for Trump to use to achieve his own personal goals in a Putin like manner.

Re: Trumpled (Alternative Leading)

Reply #4221 –
Quote from: Baggers – on
Quote from: Gointocarlton – on
282 pages on that disaster of a nation that really has nothing to with us on a day to day basis and not one page dedicated to the abysmally incompetent Governments/Prime Minister/Premiers here.

Understand your point, GTC old son. We've not got a lot to be inspired about in terms of our federal and state leaders.

But... what they do over there in the US has a very real impact on us over here. I notice that Dutton is starting to echo Trump strategies... Demonizing diversity for a start. Oh dear.
I'm just waiting for Dutton to announce that he wants to re-name the Gulf of Carpentaria, and he intends to make New Zealand an Australian State......
This is now the longest premiership drought in the history of the Carlton Football Club - more evidence of climate change?

Re: Trumpled (Alternative Leading)

Reply #4222 –
So...
Tariffs paused for 30 days on Mexico and Canada
Both countries have committed extra resources to the respective borders.

Fair bit of fluidity around all this. ::)

Just to take a bit of a cynical approach....
If you're a US punter/investor.
You would probably expect a bit of a bounce back on the stock market.
So if you bought when it dropped yesterday as a result of the tariffs you'd probably be laughing tomorrow. :D

Re: Trumpled (Alternative Leading)

Reply #4223 –
We have a used car salesman for a POTUS.

Good luck for any countries/businesses implementing any long-term financial strategies with this crap going on.  Just when you thought you understood the game, it gets wiped away with the single stroke of a Sharpie.

I wonder if Elon and/or Donald did any share-buying yesterday, getting ready for the next day bounce back.......?
This is now the longest premiership drought in the history of the Carlton Football Club - more evidence of climate change?

Re: Trumpled (Alternative Leading)

Reply #4224 –
Quote from: tonyo – on
We have a used car salesman for a POTUS.

Good luck for any countries/businesses implementing any long-term financial strategies with this crap going on.  Just when you thought you understood the game, it gets wiped away with the single stroke of a Sharpie.

I wonder if Elon and/or Donald did any share-buying yesterday, getting ready for the next day bounce back.......?

I can see how an economic illiterate can be elected to the White House but I'm puzzled by the fact that his cabinet and advisors are economic illiterates too.

I wonder if he backed away from the tariffs because he thought that he would have to pay the tariffs on goods exported to Canada and Mexico.

The weird thing is that the trade agreement he just trashed was one that was negotiated during his last administration  ::)
It's still the Gulf of Mexico, Don Old!
 

Re: Trumpled (Alternative Leading)

Reply #4225 –
Quote from: DJC – on
Yes, why hasn't anyone asked how Dutton managed to accrue a net worth of $300M on a copper's salary and then on an MP's salary.

I call BS on that one.
2021-Pi$$ or get off the pot
2022- Real Deal or more of the same? 0.6%
2023- "Raise the Standard" - M. Voss Another year wasted Bar Set
2024-Back to the drawing boardNo excuses, its time
2025-Carlton can win the 2025 AFL Premiership

Re: Trumpled (Alternative Leading)

Reply #4226 –
Quote from: DJC – on
Yes, why hasn't anyone asked how Dutton managed to accrue a net worth of $300M on a copper's salary and then on an MP's salary.
We can throw rocks but they must be based in fact, otherwise we become no better than them.

It's a bullsh1t assertion in that he has reasonable wealth but amassed after he left the police force.

Dutton has privately operated as a property developer for nearly two decades and also was the founding owner of ABC Early Learning centres since the early 2000s, after he earned a degree in business from QUT.

You may recall the ABC Early Learning centres, he started and successfully built that business expanding across Australia, then he sold it while retaining ownership of the property from which it operated, subsequent owners sent what was a successful business broke.
"Extremists on either side will always meet in the Middle!"

Re: Trumpled (Alternative Leading)

Reply #4227 –
Quote from: Gointocarlton – on
Quote from: DJC – on
Yes, why hasn't anyone asked how Dutton managed to accrue a net worth of $300M on a copper's salary and then on an MP's salary.

I call BS on that one.

It’s easy to check on an MP’s net worth.

Besides, he’s done articles where he claims that he made his money through property investments:

https://www.afr.com/property/how-peter-dutton-built-a-property-portfolio-worth-millions-of-dollars-20180823-h14duf

https://www.reddit.com/r/australian/comments/1hvdw01/how_did_peter_dutton_amass_a_net_worth_of_300/?rdt=56368

https://openpolitics.au/47/peter-dutton

How many bank accounts can one person have? 😮


It's still the Gulf of Mexico, Don Old!

Re: Trumpled (Alternative Leading)

Reply #4228 –
I think he leased/sold kinders to ABC learning. Cleared of conflict of interest when he was in charge of administrating the childcare rebates.

Re: Trumpled (Alternative Leading)

Reply #4229 –
Quote from: dodge – on
I think he leased/sold kinders to ABC learning. Cleared of conflict of interest when he was in charge of administrating the childcare rebates.
That is correct, Dutton had a commercial lease agreement with the ill fated ABC learning centres, Eddy Groves the CEO of ABC was a big benefactor to the Coalition cause ... thats while he had the money to donate. Another Liberal politician had financial interests in ABC as well and wanted the Government to provide a rescue package when they went broke but his name escapes me. It was all conflict of Interest stuff but par for the course with most Politicians back then who could sleep in a trumpet they were that bent.