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What was the final straw for you?

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Old Nov 13th 2006 | 7:53 pm
  #361  
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Default Re: What was the final straw for you?

Originally Posted by FPM
You miss my point. You had Thatcher, Ronny Raygun, Whitlam, Hawke, it didn't make any difference. Sign of the times. Australia has recently had record low interest, so has Britain and they still both have diametrically opposed political parties (albeit reversed than before). It's more to do with global influences rather than any local economic genius. All parties take the credit for the good times then don the Teflon suit when things go bad. Howard and Costello are no different there.
I didn't, just think the your argument is a bit too simplictic and didn't want to carry this on as I feel we've hijacked this thread long enough.
 
Old Nov 13th 2006 | 8:03 pm
  #362  
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Default Re: What was the final straw for you?

Originally Posted by Gibbo
I didn't, just think the your argument is a bit too simplictic and didn't want to carry this on as I feel we've hijacked this thread long enough.
Fair enough
 
Old Nov 14th 2006 | 12:53 am
  #363  
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Default Re: What was the final straw for you?

Originally Posted by iamthecreaturefromuranus
$ 1,782,000,000,000 UK GDP
$ 1,737,000,000,000 France GDP
$ 2,362,000,000,000 Germany GDP

$611,700,000,000 Australia GDP

Figures are a few years old but not much has changed. So not quite bigger than France and Germany combined. !!
Perhaps if you line the digits up correctly you'll see the real difference. More like close to a third of the UK GDP and almost a quarter the size of the Germany GDP.

$ 1,782,000,000,000 UK GDP
$ 1,737,000,000,000 France GDP
$ 2,362,000,000,000 Germany GDP
$ 0,611,700,000,000 Australia GDP
 
Old Nov 14th 2006 | 6:14 am
  #364  
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Default Re: What was the final straw for you?

Originally Posted by ladyofthelake
Perhaps if you line the digits up correctly you'll see the real difference. More like close to a third of the UK GDP and almost a quarter the size of the Germany GDP.

$ 1,782,000,000,000 UK GDP
$ 1,737,000,000,000 France GDP
$ 2,362,000,000,000 Germany GDP
$ 0,611,700,000,000 Australia GDP
2005 figures:
$ 1,830,000,000,000 UK GDP
$ 1,816,000,000,000 France GDP
$ 2,504,000,000,000 Germany GDP
$ 0,640,100,000,000 Australia GDP

Per capita:
$ 30,300 UK
$ 29,900 France
$ 30,400 Germany
$ 31,900 Australia

So if you share the wealth they're all about the same.
 
Old Nov 14th 2006 | 9:17 am
  #365  
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Default Re: What was the final straw for you?

Originally Posted by Cam1977
2005 figures:
$ 1,830,000,000,000 UK GDP
$ 1,816,000,000,000 France GDP
$ 2,504,000,000,000 Germany GDP
$ 0,640,100,000,000 Australia GDP

Per capita:
$ 30,300 UK
$ 29,900 France
$ 30,400 Germany
$ 31,900 Australia

So if you share the wealth they're all about the same.
Wasn't commenting on the numbers themselves, but more on the failure by 'creature' to read them correctly.
 
Old Nov 14th 2006 | 9:30 am
  #366  
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Default Re: What was the final straw for you?

Originally Posted by ladyofthelake
Wasn't commenting on the numbers themselves, but more on the failure by 'creature' to read them correctly.
In what way did I fail to read them correctly? My comment of 'not quite as big as France and Germany combined' was a sarcastic one..
 
Old Nov 14th 2006 | 9:50 am
  #367  
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Default Re: What was the final straw for you?

Originally Posted by ladyofthelake
Wasn't commenting on the numbers themselves, but more on the failure by 'creature' to read them correctly.
Read fine to me...
 
Old Nov 14th 2006 | 9:54 am
  #368  
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Default Re: What was the final straw for you?

Originally Posted by Cam1977
Per capita:
$ 30,300 UK
$ 29,900 France
$ 30,400 Germany
$ 31,900 Australia

So if you share the wealth they're all about the same.
I always think that's a bit of a meaningless statistic... On that basis Luxembourg is the wealthiest country with Norway in 3rd place... Huh...?

 
Old Nov 14th 2006 | 11:18 am
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Default Re: What was the final straw for you?

Originally Posted by iamthecreaturefromuranus
In what way did I fail to read them correctly? My comment of 'not quite as big as France and Germany combined' was a sarcastic one..
You didn't fail to read them correctly.
 
Old Nov 14th 2006 | 9:51 pm
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Default Re: What was the final straw for you?

Originally Posted by rodders39
I always think that's a bit of a meaningless statistic... On that basis Luxembourg is the wealthiest country with Norway in 3rd place... Huh...?

What it means is that while Luxembourg isn't the wealthiest country, Luxembourgers are (on average) the wealthiest people.

The problem with GDP overall is that it's a bit rubbery. For example, if you had a country where half the population sued the other half for a million bucks each, the GDP would be huge even if the country generated nothing in terms of income.
 
Old Nov 14th 2006 | 11:52 pm
  #371  
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Default Re: What was the final straw for you?

Originally Posted by iamthecreaturefromuranus
In what way did I fail to read them correctly? My comment of 'not quite as big as France and Germany combined' was a sarcastic one..
Ah well never mind me then. How about using the little smilies so some of us don't take what you're saying literally?
 
Old Nov 15th 2006 | 8:15 am
  #372  
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Default Re: What was the final straw for you?

Originally Posted by Cam1977
What it means is that while Luxembourg isn't the wealthiest country, Luxembourgers are (on average) the wealthiest people.

The problem with GDP overall is that it's a bit rubbery. For example, if you had a country where half the population sued the other half for a million bucks each, the GDP would be huge even if the country generated nothing in terms of income.
Which would obviously bump the GDP per Capita through the roof as well...

GDP itself gives a much better idea of the overall situation though. GDP per Capita is really distorting. You get small countries with dubious (or different) financial practices that get close to the top due to their heavy cash flows through their systems... In the top 20 at the moment we have Bermuda, Luxembourg, Cayman Islands, Jersey & Guernsey.
 
Old Nov 16th 2006 | 7:25 pm
  #373  
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Default Re: What was the final straw for you?

Originally Posted by Cam1977
What it means is that while Luxembourg isn't the wealthiest country, Luxembourgers are (on average) the wealthiest people.

The problem with GDP overall is that it's a bit rubbery. For example, if you had a country where half the population sued the other half for a million bucks each, the GDP would be huge even if the country generated nothing in terms of income.
not sure if a per capita figure based on GDP indicates the personal wealth of the people. If you are going to use this method of calculating personal wealth of a population then surely you will also take into account domestic debt?

not that it maters much ,as it makes no difference to the way I feel about thing's and it certanly isn't the final straw for me
 
Old Nov 16th 2006 | 10:36 pm
  #374  
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Default Re: What was the final straw for you?

Well all this is over my head. All I know is I'm worse off here than in the UK. At home I could holiday in the best hotels and eat in the best restaurants - here I can't even pay the flippin phone bill.
 
Old Nov 17th 2006 | 12:57 pm
  #375  
 
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Default Re: What was the final straw for you?

I have read some cracking posts on here and good luck to you all in whatever you have done or are about to do.
 


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