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Is Australia a 1st world or 2nd world country?

Is Australia a 1st world or 2nd world country?

Old Apr 28th 2010, 8:53 am
  #91  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by Lord_Farquar View Post
The UK is NOT in recession.
it is in permanent recess
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Old Apr 28th 2010, 10:35 am
  #92  
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Default Re: Is Australia a 1st world or 2nd world country?

I was in Australia nearly 2 years ago working and living in Sydney. Amazed me how interest rates on loans were like 3-4% above the base rate where as in the UK at the time they were often the same as the base rate. Obviously down to the banking system's appetite for risk. Look what happened since. Britain should now be considered between 1st and 2nd world. Once the election is out the way the ration books will be out and a start will need to be made on saving the country from bankruptcy. Australia is far better placed for the next few decades i'd say.
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Old Apr 28th 2010, 11:09 am
  #93  
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Default Re: Is Australia a 1st world or 2nd world country?

Australia would be even better placed if it called the shots as far as the coal/iron ore is concerned. China = Tescos and Aus = farmer who lets tesco's dictate the price, If they don't address this situation Australia will empty in years to come, an extremely short sighted regime IMO. I don't think the UK is all that bad in comparison
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Old Apr 28th 2010, 11:30 am
  #94  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by Wol View Post
Australia may be a first world country in absolute economic terms, but it is a leading contender for the most corrupt and incompetent nation outside Africa.

I went to a talk by John Hatton last night and he said that Australia was the example given in some economic papers of how a corrupt government can gat away with blue murder even in a so-called free society.

All parties, still some of the police, state governments, local councils and business from the local shop to multinationals all look pretty dirty - but so long as the sun shines, who cares?
Read this:

http://en.wikipedia.org/wiki/Corrupt...ceptions_Index

Least corrupt countries based on the study

1 New Zealand
2 Denmark
3 Singapore
3 Sweden
5 Switzerland
6 Finland
6 Netherlands
8 Australia
8 Canada
8 Iceland

Last edited by commonwealth; Apr 28th 2010 at 11:33 am.
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Old Apr 28th 2010, 11:37 am
  #95  
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Default Re: Is Australia a 1st world or 2nd world country?

United Nations Human Development Index Rankings 2009
http://hdr.undp.org/en/statistics/

1 Norway
2 Australia
3 Iceland
4 Canada
5 Ireland
6 Netherlands
7 Sweden
8 France
9 Switzerland
10 Japan
11 Luxembourg
12 Finland
13 United States
14 Austria
15 Spain
16 Denmark
17 Belgium
18 Italy
19 Liechtenstein
20 New Zealand
21 United Kingdom
22 Germany
23 Singapore
24 Hong Kong, China (SAR)
25 Greece
26 Korea (Republic of)
27 Israel
28 Andorra
29 Slovenia
30 Brunei Darussalam
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Old Apr 28th 2010, 5:02 pm
  #96  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by commonwealth View Post
United Nations Human Development Index Rankings 2009
http://hdr.undp.org/en/statistics/

1 Norway
2 Australia
3 Iceland
4 Canada
5 Ireland
6 Netherlands
7 Sweden
8 France
9 Switzerland
10 Japan
11 Luxembourg
12 Finland
13 United States
14 Austria
15 Spain
16 Denmark
17 Belgium
18 Italy
19 Liechtenstein
20 New Zealand
21 United Kingdom
22 Germany
23 Singapore
24 Hong Kong, China (SAR)
25 Greece
26 Korea (Republic of)
27 Israel
28 Andorra
29 Slovenia
30 Brunei Darussalam

I am sure WOL knows more than the UN.
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Old Apr 28th 2010, 7:34 pm
  #97  
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Default Re: Is Australia a 1st world or 2nd world country?

Government Debt as % of GDP

https://www.cia.gov/library/publicat.../2186rank.html

1 Zimbabwe 304.30
2 Japan 192.10
7 Italy 115.20
8 Greece 113.40
10 Belgium 99.00
18 Germany 77.20
19 Portugal 75.20
20 Canada 72.30
22 United Kingdom 68.50
42 United States 52.90
.
.
.
107 Australia 18.60
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Old Apr 28th 2010, 11:30 pm
  #98  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by wowoweee View Post
it is in permanent recess
Think about it. That phrase makes no sense.
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Old Apr 28th 2010, 11:47 pm
  #99  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by Lord_Farquar View Post
Think about it. That phrase makes no sense.
unless 'it' is a school with no teachers
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Old Apr 29th 2010, 12:03 am
  #100  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by wowoweee View Post
I am sure WOL knows more than the UN.
Read what Wol *actually* said.
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Old Apr 29th 2010, 12:17 am
  #101  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by stevenglish View Post
unless 'it' is a school with no teachers
Ha, Ha. I like what you have done there!
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Old Apr 29th 2010, 11:26 am
  #102  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by wowoweee View Post
I am sure WOL knows more than the UN.
And you are showing that a degree and a professional qualification are no indication of intelligence.
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Old Apr 29th 2010, 3:16 pm
  #103  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by Lord_Farquar View Post
Think about it. That phrase makes no sense.
Nice to see that you are thinking for a change.
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Old Apr 29th 2010, 10:31 pm
  #104  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by wowoweee View Post
Nice to see that you are thinking for a change.
Get back under your bridge.
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Old Apr 30th 2010, 9:11 am
  #105  
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Default Re: Is Australia a 1st world or 2nd world country?

Originally Posted by Lord_Farquar View Post
Get back under your bridge.
why are there syringes on my bridge?
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