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Price Waterhouse worries about global irrelevance



 
 
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  #1  
Old February 10th 15, 06:38 PM posted to aus.politics,aus.invest
Abominable Liar Party
external usenet poster
 
Posts: 352
Default Price Waterhouse worries about global irrelevance

"End of resource boom has us 'on a slippery slope to global irrelevance'"
http://www.abc.net.au/news/2015-02-1...nomies/6084424

"PWC's consulting economics and policy leader, Jeremy Thorpe, said
Australia was on course to slip behind developing countries, including
Bangladesh and Iran, because they were growing in population and
becoming more urbanised".

Who cares whether we are one of the 20th largest economies? Do they
think doubling the population to stay in the top 20 is an end in itself?

Absurd.

PWC's 20 largest economies in 2050
China
United States
India
Brazil
Japan
Russia
Mexico
Indonesia
Germany
France
United Kingdom
Turkey
Nigeria
Italy
Spain
Canada
South Korea
Saudi Arabia
Vietnam
Argentina



--
This is what Australia would look like with the ALP and without iron ore
and coal:
https://www.google.com.au/search?q=g...riots&tbm=isch

Tax Receipts, Costello: 2003-07: 982,341
Tax Receipts, Swan: 2007-11: 1,174,203
Difference: ONE HUNDRED AND NINETY-ONE BILLION DOLLARS
http://www.treasury.gov.au/Policy-To...tem/Appendix-C

ALP ineptitude = $20b opening balance + $280b closing balance + $191b
more revenue = $491b

So what did Labor leave as a legacy after WASTING $491 BILLION?
NO INFRASTRUCTURE
600,000 MORE UNEMPLOYED
60,000 VISA CHEATS
14,000+ PAGES OF LEGISLATION
1 X MISOGYNY SPEECH

ALP versus Jobs:
http://www.roymorgan.com/~/media/Fil...42-monthly.JPG

The Basic Laws of Australian Labor:
"A stupid person is a person who causes losses to another person or to a
group of persons while himself deriving no gain and even possibly
incurring losses"
http://www.zoon.cc/stupid/

Labor's scorecard:
600,000 more unemployed, 3 minus 3 car manufacturers equals zero,
Whyalla on life support, a decimated aluminium industry, doubled
electricity prices, quarter of a million immigrants and no new
infrasructure, fourteen thousand new pages of legislation, one abuse
hypocritical and silly speech on 'misogyny', four deceased apprentices,
one thousand two hundred drowned asylum seekers, a handbag with an
affinity for being fingered (up the rear) by small Asian women, one
"world's greatest finance minister", three huge unfunded promises,
cancellation of the "$500b investment pipeline", another stolen
generation, 1,000 kids in detention, 50,000 unwanted & unqualified visa
cheats
(http://www.abc.net.au/news/2013-05-1...graph/4694210),
two fraud artists - an MP and an ALP national president, one paedophile
- convicted, that is, one former rape suspect, one lazy Victorian police
force, insufficient evidence, lost evidence, destruction of evidence and
half a trillion dollars of debt, one squandered mining boom
(http://www.rba.gov.au/publications/b...ng-graph3.gif),
one (um) jumped-up twit (http://www.youtube.com/watch?v=PguhkVG49To),
one minus one democracy (http://www.menzieshouse.com.au/?p=4905) and
last but not least ... the first fat arsed PM in Australian history
(http://tinyurl.com/Gillard4Sale).

#auspol #ausdebate
  #2  
Old February 10th 15, 07:26 PM posted to aus.politics,aus.invest
Abominable Liar Party
external usenet poster
 
Posts: 352
Default Price Waterhouse worries about global irrelevance

On 11/02/2015 5:38 AM, Abominable Liar Party wrote:
"End of resource boom has us 'on a slippery slope to global irrelevance'"
http://www.abc.net.au/news/2015-02-1...nomies/6084424


"PWC's consulting economics and policy leader, Jeremy Thorpe, said
Australia was on course to slip behind developing countries, including
Bangladesh and Iran, because they were growing in population and
becoming more urbanised".

Who cares whether we are one of the 20th largest economies? Do they
think doubling the population to stay in the top 20 is an end in itself?

Absurd.

PWC's 20 largest economies in 2050
China
United States
India
Brazil
Japan
Russia
Mexico
Indonesia
Germany
France
United Kingdom
Turkey
Nigeria
Italy
Spain
Canada
South Korea
Saudi Arabia
Vietnam
Argentina


They should rethink their conclusions about Saudi Arabia as well.

"OIL could tumble as low as $US20 a barrel ...

And the oil price plunge is likely to spell 'the end of OPEC'"
http://www.heraldsun.com.au/business...-1227215241089


PWC is not the only one with dodgy conclusions:

"Such a scenario would deliver a windfall to Australian households, with
an oil price of $US20 a barrel translating to pump price for petrol of
80c a litre, according to AMP Capital chief economist Shane Oliver.

'Households would love it, most businesses would love it, most energy
companies would hate it and it would blow a hole through Federal tax
revenue', Dr Oliver said".

Who hires these people?





--
This is what Australia would look like with the ALP and without iron ore
and coal:
https://www.google.com.au/search?q=g...riots&tbm=isch

Tax Receipts, Costello: 2003-07: 982,341
Tax Receipts, Swan: 2007-11: 1,174,203
Difference: ONE HUNDRED AND NINETY-ONE BILLION DOLLARS
http://www.treasury.gov.au/Policy-To...tem/Appendix-C

ALP ineptitude = $20b opening balance + $280b closing balance + $191b
more revenue = $491b

So what did Labor leave as a legacy after WASTING $491 BILLION?
NO INFRASTRUCTURE
600,000 MORE UNEMPLOYED
60,000 VISA CHEATS
14,000+ PAGES OF LEGISLATION
1 X MISOGYNY SPEECH

ALP versus Jobs:
http://www.roymorgan.com/~/media/Fil...42-monthly.JPG

The Basic Laws of Australian Labor:
"A stupid person is a person who causes losses to another person or to a
group of persons while himself deriving no gain and even possibly
incurring losses"
http://www.zoon.cc/stupid/

Labor's scorecard:
600,000 more unemployed, 3 minus 3 car manufacturers equals zero,
Whyalla on life support, a decimated aluminium industry, doubled
electricity prices, quarter of a million immigrants and no new
infrasructure, fourteen thousand new pages of legislation, one abuse
hypocritical and silly speech on 'misogyny', four deceased apprentices,
one thousand two hundred drowned asylum seekers, a handbag with an
affinity for being fingered (up the rear) by small Asian women, one
"world's greatest finance minister", three huge unfunded promises,
cancellation of the "$500b investment pipeline", another stolen
generation, 1,000 kids in detention, 50,000 unwanted & unqualified visa
cheats
(http://www.abc.net.au/news/2013-05-1...graph/4694210),
two fraud artists - an MP and an ALP national president, one paedophile
- convicted, that is, one former rape suspect, one lazy Victorian police
force, insufficient evidence, lost evidence, destruction of evidence and
half a trillion dollars of debt, one squandered mining boom
(http://www.rba.gov.au/publications/b...ng-graph3.gif),
one (um) jumped-up twit (http://www.youtube.com/watch?v=PguhkVG49To),
one minus one democracy (http://www.menzieshouse.com.au/?p=4905) and
last but not least ... the first fat arsed PM in Australian history
(http://tinyurl.com/Gillard4Sale).

#auspol #ausdebate
  #3  
Old February 10th 15, 07:41 PM posted to aus.politics,aus.invest
Abominable Liar Party
external usenet poster
 
Posts: 352
Default Professional bull****ters heading for irrelevance

"The fiddling with temperature data is the biggest science scandal ever"

http://www.telegraph.co.uk/news/eart...ndal-ever.html

"Of much more serious significance, however, is the way this wholesale
manipulation of the official temperature record – for reasons GHCN and
Giss have never plausibly explained – has become the real elephant in
the room of the greatest and most costly scare the world has known. This
really does begin to look like one of the greatest scientific scandals
of all time".


--
This is what Australia would look like with the ALP and without iron ore
and coal:
https://www.google.com.au/search?q=g...riots&tbm=isch

Tax Receipts, Costello: 2003-07: 982,341
Tax Receipts, Swan: 2007-11: 1,174,203
Difference: ONE HUNDRED AND NINETY-ONE BILLION DOLLARS
http://www.treasury.gov.au/Policy-To...tem/Appendix-C

ALP ineptitude = $20b opening balance + $280b closing balance + $191b
more revenue = $491b

So what did Labor leave as a legacy after WASTING $491 BILLION?
NO INFRASTRUCTURE
600,000 MORE UNEMPLOYED
60,000 VISA CHEATS
14,000+ PAGES OF LEGISLATION
1 X MISOGYNY SPEECH

ALP versus Jobs:
http://www.roymorgan.com/~/media/Fil...42-monthly.JPG

The Basic Laws of Australian Labor:
"A stupid person is a person who causes losses to another person or to a
group of persons while himself deriving no gain and even possibly
incurring losses"
http://www.zoon.cc/stupid/

Labor's scorecard:
600,000 more unemployed, 3 minus 3 car manufacturers equals zero,
Whyalla on life support, a decimated aluminium industry, doubled
electricity prices, quarter of a million immigrants and no new
infrasructure, fourteen thousand new pages of legislation, one abuse
hypocritical and silly speech on 'misogyny', four deceased apprentices,
one thousand two hundred drowned asylum seekers, a handbag with an
affinity for being fingered (up the rear) by small Asian women, one
"world's greatest finance minister", three huge unfunded promises,
cancellation of the "$500b investment pipeline", another stolen
generation, 1,000 kids in detention, 50,000 unwanted & unqualified visa
cheats
(http://www.abc.net.au/news/2013-05-1...graph/4694210),
two fraud artists - an MP and an ALP national president, one paedophile
- convicted, that is, one former rape suspect, one lazy Victorian police
force, insufficient evidence, lost evidence, destruction of evidence and
half a trillion dollars of debt, one squandered mining boom
(http://www.rba.gov.au/publications/b...ng-graph3.gif),
one (um) jumped-up twit (http://www.youtube.com/watch?v=PguhkVG49To),
one minus one democracy (http://www.menzieshouse.com.au/?p=4905) and
last but not least ... the first fat arsed PM in Australian history
(http://tinyurl.com/Gillard4Sale).

#auspol #ausdebate
 




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