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Australia has the strongest economy in the developed world

Australia has the strongest economy in the developed world

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Old Apr 22nd 2012, 9:02 am
  #196  
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Default Re: Australia has the strongest economy in the developed world

zoolander shall pluck your monoline highbrows.
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Old Apr 22nd 2012, 9:30 am
  #197  
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Default Re: Australia has the strongest economy in the developed world

I have never really understood that because the economies of both our countries are made up of almost the same % by the service and financial sectors

Originally Posted by BadgeIsBack
Actually Zulu, most UK people would respect a degree in control electronics - it's just that the economy of the UK is so much service/financial orientated..and now of course, 'knowledge' based.
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Old Apr 22nd 2012, 10:29 am
  #198  
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Default Re: Australia has the strongest economy in the developed world

the miners' families also dine, buy groceries, go shopping, bank with westpac, take out mortgages, need plumbers, visit noosa, go to school, take a panadol, see the doctor, vote the MP, etc etc etc.

i hope you're not missing the point there.
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Old Apr 22nd 2012, 10:51 am
  #199  
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Default Re: Australia has the strongest economy in the developed world

I think Aus has a 2 level economy- the mining one and the one that is struggling.
Now I hear there is a call to tax alcohol by strength, not price.

Water in your whisky?
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Old Apr 22nd 2012, 10:54 am
  #200  
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Default Re: Australia has the strongest economy in the developed world

they should double the tax on cigarets and impose high taxes on trans fats and low-density lipids.

Last edited by commonwealth; Apr 22nd 2012 at 11:16 am.
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Old Apr 22nd 2012, 10:57 am
  #201  
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Default Re: Australia has the strongest economy in the developed world

They should make them available on prescription only, and no PBS on it.
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Old Apr 22nd 2012, 1:29 pm
  #202  
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Default Re: Australia has the strongest economy in the developed world

Originally Posted by chris955
I have never really understood that because the economies of both our countries are made up of almost the same % by the service and financial sectors
Maybe the chattering classes have forgotten....
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Old Apr 22nd 2012, 1:34 pm
  #203  
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Default Re: Australia has the strongest economy in the developed world

Originally Posted by carolinephillips
I think Aus has a 2 level economy- the mining one and the one that is struggling.
I believe the UK is the same. A wealthy South with its financial sector, and a buggered North with the remnants of the industrial revolution.
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Old Apr 22nd 2012, 2:41 pm
  #204  
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Default Re: Australia has the strongest economy in the developed world

http://globaleconomicanalysis.blogsp...s-screwed.html

In short, Australian banks are screwed, retailers are screwed, home owners are screwed, home builders are screwed, those long Australian stocks will be screwed, and those expecting strong commodity prices to bail out Australia will also be screwed
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Old Apr 22nd 2012, 2:51 pm
  #205  
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Default Re: Australia has the strongest economy in the developed world

Originally Posted by bingobob777
http://globaleconomicanalysis.blogsp...s-screwed.html

In short, Australian banks are screwed, retailers are screwed, home owners are screwed, home builders are screwed, those long Australian stocks will be screwed, and those expecting strong commodity prices to bail out Australia will also be screwed

Take a look at http://www.sitkapacific.com/bios/

Mike Shedlock doesn't list a single qualification. Does he have any?
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Old Apr 22nd 2012, 2:52 pm
  #206  
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Default Re: Australia has the strongest economy in the developed world

Originally Posted by slapphead_otool
I believe the UK is the same. A wealthy South with its financial sector, and a buggered North with the remnants of the industrial revolution.
Many countries have 2-speed economies - USA, Germany, UK, Australia etc. It is not unique to us.
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