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  #41  
Old 02-01-2020, 08:21 PM
Startrek (Martin)
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Being down the south coast at the moment at my weekender in amongst total devastation all around me , no power , no food, no communications , lost homes in many areas and I can go on and on , the general consensus down here talking to people is that the Sydney New Years fire works was a slap in the face to numerous local communities who are suffering down here at the moment.

My 2 cents ......
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  #42  
Old 03-01-2020, 07:11 AM
Rainmaker (Matt)
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Originally Posted by Startrek View Post
Being down the south coast at the moment at my weekender in amongst total devastation all around me , no power , no food, no communications , lost homes in many areas and I can go on and on , the general consensus down here talking to people is that the Sydney New Years fire works was a slap in the face to numerous local communities who are suffering down here at the moment.

My 2 cents ......
Martin, that is what my friends down the coast are saying as well. Times have changed.
In those days people would share in times of trouble unlike the service station in Bega that yesterday was charging $44 for 6 bottles of water...

I note too that when disasters strike our Asian neighbours we send them huge amounts of money and aid.... I haven’t seen too many offers of assistance from our Asian neighbours over the last week....

Last edited by Rainmaker; 03-01-2020 at 09:42 AM.
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  #43  
Old 03-01-2020, 07:23 AM
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DeWynter (ILYA)
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Umm, Ilya.. actually it's not huge money for our economy at all... it represents currently 3.5% of GDP.. (& that figure is as a result of a spectacular price increase in 2018).

...

Not exporting coal will not create a GFC for Australia..., seriously, it just won't

If our economy teeters on the brink as some would have you believe from a loss of 3.5% of GDP then, this country is already in dire straits...
My statement about GFC was more related to cutting off fossil fuels globally and not to Australia only. I probably phrased it badly.

Well.. I agree - 3.5% from $100 is nothing - just a cup of coffee, but our spending on entire health care is around $33B - twice less than what we've got from coal export. Is that insignificant on such scale? I doubt.

And yes, $50B tax cuts just add pressure on the already bad economy, so I'm just not sure why we need to aggravate that even more.
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