noneyabussiness wrote:Oldbloke wrote:bigrich wrote:mickb wrote:My take is rich very powerful people, and I dont mean some shady cadre of fellas wearing dark robes and doing sacrifices to satan, I mean just big business itself corrupted or got out of control and thats responsible for a lot our checks and balances failing. Currencies being sold to other countries, powergrids going private, market gouging, manufacture being given away, we are also now breaking all the rules we put down after the great depression and stock crash of 87 regards short selling and complex derivatives and every other shakey financial product. Its open slather again.
The whole generation vs generation thing is yet another distraction. You blame me and I blame you, while we both get poorer and the fellas at the top go on Ellen bragging they are hundred billionaires. FFS . I was never a conspiracy whacko, most of my career was either military or government work. But how much BS has to occur before you need to start asking questions? or do we wait until the cost of eggs, a loaf of bread and mens deodorant double again to $20 each?
The other thing is this is worldwide. People arguing labor vs liberal , albanese, resource policies when the other 30x 1st world countries are doing exactly the same thing. Its like ignoring the elephant in the room, 30 other elephants in fact
you are spot on mick , i agree whole heartedly .
in a few more years when a loaf of bread is $15 , they'll probably have us start calling each other "comrade" ya know there are a few similarities to the era just before the french revolution and our current social situation , ignorant elites getting richer while the poor get poorer . the current housing and cost of living status is a disgrace . "vive le revolution..."
Is that dry humour again?
You really can't compare then with now. . Our living std is waayy better.
However, I agree that the trickle up effect ( or is that flood up) is definitely in full swing. And getting worse.
I've talked about this many times over the years. Often laughed at.
The money is now very concentrated, the rich are getting richer the poor, poorer.
The US is much worse, than here, there is a gulf between the upper and poor, lower class.
Happened in the UK in the abt the 1850s, too.
But is it ?? Maybe for people like yourself that lucked onto the " capital gains gravy train " .. the other 98% of the population are hurting
mate i think personal responsibility with life choices is relevant for this discussion . i grew up in a single parent family in a blue collar/ public housing area . dirt poor . i 've worked hard as a sheet metal tradie most of my life , not a high paid trade by any means . bought a house when i was 28 under the first home owner scheme . when i bought it 1/3 of my meagre wage went on repayments , but i worked on weekends doing mobile rust repairs on cars and fabrication work for extra cash . i used my initiative, lived within my means and paid off the house . after all the struggle , hard work and using my head , you seem to think i was born with a silver spoon and enjoyed some kind of "gravy train " ride . that's a bit of a naive view buddy. a good mate of mine bought his house just over 3 years ago . he's single , very good with his money and worked as a truck driver amongst other things. prior to that he boarded with a couple who both work, make a good combined income . but they spend a lot of their money on booze , smokes, and frivolous extras for the missus like new shoes and getting her hair done . and they just can't understand how ol mate started with nothing and bought a house and their still renting . yes times are harder, almost impossible to get ahead . but blaming it on the older generation of australians instead of the halfwit politicians running this country is a cop out in my opinion
JMHO , yours may differ