OT: Current Affairs and Politics

Discussion in 'Parramatta Eels' started by Gronk, Dec 10, 2018.

  1. crocodile

    crocodile Juniors

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    Not even the last hundred years but for all time. Productivity gains have been on the march ever since the Abbos found out that funny shaped sticks come back when they miss the target. Same for that caveman when he put a wheel on a cart.
     
  2. Gary Gutful

    Gary Gutful Immortal

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    Beard porn.
     
  3. Gary Gutful

    Gary Gutful Immortal

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    *Frequently
     
  4. Poupou Escobar

    Poupou Escobar Post Whore

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    Most of them won't need to send traffic outside their LAN.
     
  5. crocodile

    crocodile Juniors

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    I don't think that's right. Much will need to go from LAN to somewhere else.
     
  6. Gary Gutful

    Gary Gutful Immortal

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    Lubricated Anal Nodules?
     
  7. hindy111

    hindy111 Immortal

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    Why? Fibre is speed of light. You can not get water in it. It is a thin bit of glass. You can shine your torch down it and the light will come put the other end. I dont see it breaking down. Its very well made cable. Its wrapped in kevlar. And wax. Then a thick plastic coat.
     
  8. hindy111

    hindy111 Immortal

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    Bearded women porn.....
     
  9. Poupou Escobar

    Poupou Escobar Post Whore

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    At the rates at which the photons are sent down the tube (including the gaps separating the bits), quality makes a difference that is maybe undetectable by you with your torch.
     
  10. crocodile

    crocodile Juniors

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    Speed down a piece of copper isn't much different.
     
  11. Hollywood Jesus

    Hollywood Jesus Coach

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    HEY!!! I take offence to...aaah, you can't argue with the truth...
     
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  12. Hollywood Jesus

    Hollywood Jesus Coach

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    Yeah, was gonna mention this.

    So, comes in in March...right when the banks end their mortgage holidays...and they create a new bunch of people that are now eligible to get loans, boosting demand even amidst a horrible economy.

    Looks like I might have to pull back on that 20% downturn prediction.

    Well done, government. Well done.

    Mind you, it's a terrible move. Saddling people who can't afford debt with the biggest debt they'll ever have just to kick the housing can down the road is atrocious. But, I did say that the government does not want to be the one responsible for overseeing the collapse of the housing market, so this is no surprise.
     
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  13. Bandwagon

    Bandwagon Moderator Staff Member

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    The variable in this is that it'll apply to all forms of credit, obviously the government is planning on a ( continuing ) credit binge to kick start economic growth. So I'm not quite sure the majority of the focus is on housing, but without doubt it is kicking the can down the road.

    The downside is the potential for an explosion in consumer credit, funding lifestyle and depreciating assets like large TV's and cars. That'll certainly boost economic growth, but it also chews into disposable incomes. Watch for the stories of mortgage stress where the people involved are interviewed in an oversized home with a double garage with cars parked out the front , and full of the latest gadgets, they'll become even more common place. We can't help ourselves.

    What this policy does is formally legalise the cowboy like behaviours of the finance system that existed prior to RC, and simultaneously allow for the transfer of government debt to the private sector through credit driven growth. Whilst it may well "work", it'll also leave us more exposed to the next disaster, far more so than the myth of deficits doing so ever will.
     
  14. Hollywood Jesus

    Hollywood Jesus Coach

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    You know the old saying...a RC only lasts as long as it is politically expedient.
     
  15. Hollywood Jesus

    Hollywood Jesus Coach

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    And, personally, I went straight to housing because I've been yapping on about a housing fall for a while now.

    Well, turnabout is fair play and while we have to see how this plays out...this could put a dampener on that if not put the brakes on it altogether...just depends on what people do with it (and the 1.5% interest rate mortgages that will come with it).
     
  16. hindy111

    hindy111 Immortal

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    So true. Great saying

    What's and RC?
     
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  17. Gary Gutful

    Gary Gutful Immortal

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    Regan Campbell before his dad married Julia.
     
  18. Gronk

    Gronk Moderator Staff Member

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    Gloves are off. Let's get ready to rumble!

     
  19. Gronk

    Gronk Moderator Staff Member

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    It's on !

    I bet you $1 Pou will find a way to say that a billionaire paying no tax is a badge of honour.

     
  20. Poupou Escobar

    Poupou Escobar Post Whore

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    How many politicians have released their tax records? Rich people don't want poor people to know how little tax they pay, especially if they want their vote.
     

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