Britain: an economic train wreck
Jul 25th 2012, 9:34 pm
#31
Lost in BE Cyberspace
Joined: Mar 2008
Location: Sydney, NSW
Posts: 7,580
Re: Britain: an economic train wreck
People have got to learn to do what our grandparents did- tighten their belts and don't buy things on credit. Whatever happened to saving up for your new bed/sofa/plasma tv/car/shoes/computer/phone/or saving a deposit rather than getting a 100% mortgage that you can't afford to pay off? Mend things, don't just throw them away, and if it works don't rush out to buy the shiniest, newest doodad to replace your gadget.
It is profligate spending by the" I want it now" generations, encouraged by the easy availability of money that has got countries into this problem.
As Dickens said, through Mr Micawber (?spelling?) "Income tewnty shillings, expenditure 19 shillings and sixpence, result:happines. Income twenty shillings, expenditure twenty shillings and sixpence, result:misery."
It is profligate spending by the" I want it now" generations, encouraged by the easy availability of money that has got countries into this problem.
As Dickens said, through Mr Micawber (?spelling?) "Income tewnty shillings, expenditure 19 shillings and sixpence, result:happines. Income twenty shillings, expenditure twenty shillings and sixpence, result:misery."
Jul 25th 2012, 9:37 pm
#32
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Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Britain: an economic train wreck
Where is the caravan park in Shailer Park ? I only lived there for 11 years so I dont know the area too well 
It was somewhere we chose not to live as well and having found the house we have what a fantastic decision that was.
It was somewhere we chose not to live as well and having found the house we have what a fantastic decision that was.
I spent my first night in Brisbane in Shailer Park because we had our two dogs with us and had booked into a caravan park there instead of the serviced apartment in the city my husband's employer had booked. We hightailed it out of there within 12 hours and found alternative accommodation. It's not somewhere I would choose to live.
Jul 25th 2012, 9:39 pm
#33
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Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Britain: an economic train wreck
Oh come on, wake up you are obviously dreaming, why arent you down at the soup kitchen ?
No, Scotland isnt different to what we are seeing.
No, Scotland isnt different to what we are seeing.
I started yesterday on my £850/day contract with a UK Oil Co, but also managed to fit in a few hours which will allow me to invoice my Australian Oil Co client. I spent the last few days around Scotland trying to broker a deal for an Audi R8 Spyder and also a flat in Edinburgh and Aberdeen. Let me tell all you UK haters, its not as the media would have you believe. There are more Sport and Executive cars on the road here than Oz, houses are selling, restaurants are busy.
My permanent home is west of Glasgow, and none of the people I know are worried or out of work.
Maybe Scotland is different?
My permanent home is west of Glasgow, and none of the people I know are worried or out of work.
Maybe Scotland is different?
Jul 25th 2012, 9:45 pm
#34
Lost in BE Cyberspace
Joined: Jun 2008
Location: Brisvegas
Posts: 5,461
Re: Britain: an economic train wreck
I think it closed shortly after we stayed there, it was over 15 years ago. We rented for years in Brisbane and thoroughly checked out the suburbs and made the decision to buy where we did. Our house is not that great, old post war, four bed and a study but only one bathroom and toilet. It's all about location, location for us, not about "the house". Schooling and the environment was one of the essential elements. We sent our eldest to a state school in Eight Mile Plains at one point and ended up putting her into a private school in the city and doing the travelling every day. You can discredit what I say all you like, but it's horses for courses, what you find to be an acceptable standard of living is not the same as the next person. If you were happy in Shailer Park, you have a funny way of showing it from your completely negative responses to all things Australian on this forum.
Jul 25th 2012, 9:48 pm
#35
Banned
Joined: Jan 2011
Location: The REAL Utopia.
Posts: 9,910
Re: Britain: an economic train wreck
Ah it closed, that would explain why I never saw it 
I agree about location location, it's pretty hard to beat where we are now
I agree about location location, it's pretty hard to beat where we are now
I think it closed shortly after we stayed there, it was over 15 years ago. We rented for years in Brisbane and thoroughly checked out the suburbs and made the decision to buy where we did. Our house is not that great, old post war, four bed and a study but only one bathroom and toilet. It's all about location, location for us, not about "the house". Schooling and the environment was one of the essential elements. We sent our eldest to a state school in Eight Mile Plains at one point and ended up putting her into a private school in the city and doing the travelling every day. You can discredit what I say all you like, but it's horses for courses, what you find to be an acceptable standard of living is not the same as the next person. If you were happy in Shailer Park, you have a funny way of showing it from your completely negative responses to all things Australian on this forum.
Jul 25th 2012, 9:52 pm
#36
BE Forum Addict
Joined: Aug 2010
Location: Not Brisbane
Posts: 1,210
Re: Britain: an economic train wreck
ironic isn't it?A mine growing from 30mtpa to 60mtpa only needs a few more staff but will contribute twice the tax. Meanwhile Campbell Newman will have laid off a few mines worth of workers at the drop off a hat.
I'd be interested to know outside of mining and engineering where the new jobs in Australia are coming from. Public sector workers are being laid off everywhere, retail is suffering, house building and associated trades are suffering, tourism is suffering.
Economic growth of 3.4% is fine, but what is causing it?
Jul 25th 2012, 10:34 pm
#37
Daffyd Duck
Joined: Jul 2008
Location: Paradise
Posts: 5,636
Re: Britain: an economic train wreck
i thought the mining boom will end?
Jul 25th 2012, 10:38 pm
#38
(It's not my real name)
Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
Re: Britain: an economic train wreck
I think the iron ore boom will take a hit but if/when it does then the massive oil and gas projects that are being set up in the NW will step in to take up the slack.
Yes, Aus does have its economic challenges but I reckon it's the best place in the world to be to weather the coming economic apocalypse.
Yes, Aus does have its economic challenges but I reckon it's the best place in the world to be to weather the coming economic apocalypse.
Jul 25th 2012, 10:43 pm
#39
Lost in BE Cyberspace
Joined: Feb 2005
Posts: 15,526
Re: Britain: an economic train wreck
I think the iron ore boom will take a hit but if/when it does then the massive oil and gas projects that are being set up in the NW will step in to take up the slack.
Yes, Aus does have its economic challenges but I reckon it's the best place in the world to be to weather the coming economic apocalypse.
Yes, Aus does have its economic challenges but I reckon it's the best place in the world to be to weather the coming economic apocalypse.
Jul 25th 2012, 10:49 pm
#40
Daffyd Duck
Joined: Jul 2008
Location: Paradise
Posts: 5,636
Re: Britain: an economic train wreck
We have to accept things are heading in a bad direction here, on the manufacturing side of things. Victoria is losing jobs at an alarming rate. They just announced on 3AW that 800 jobs in Sydney are going to go at the Caltex refinery. It's time to pull out the infrastructure genie in SE Aus.
Jul 26th 2012, 12:16 am
#42
My hovercraft is full of
Joined: Jan 2011
Location: Innaloo
Posts: 507
Re: Britain: an economic train wreck
The unemployment rate for 16 to 24-year-olds was 94,000, or 23.1%, over January to March.
http://www.bbc.co.uk/news/uk-scotlan...iness-18085407
This will not end well
Jul 26th 2012, 1:28 am
#43
Banned
Joined: Jul 2012
Posts: 3,300
Re: Britain: an economic train wreck
My view is that Australia is in a very favourable position for the foreseeable future, basically because of two simple points - it is a massive country with massive natural resources and it has a very, very small population. However, these things do not mean it is impervious to global upsets and recessions, as the past has shown.
Jul 26th 2012, 1:39 am
#44
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Joined: Jul 2012
Posts: 3,300
Re: Britain: an economic train wreck
Australia is almost uniquely positoned thanks to its relatively minimal exposure to European problems, although a general global slowdown will affect it. Europe worries me now. I was relaxed about it until 2/3 months ago but now I'm very negative about the EZ.
Jul 26th 2012, 1:55 am
#45
BE Forum Addict
Joined: Aug 2010
Location: Not Brisbane
Posts: 1,210
Re: Britain: an economic train wreck
tis like a circle. China and Japan need someone to export to.