Miscellaneous News
- Thread starter bd popeye
- Start date
Why do they fantasize about their country getting brutally violated so much? Middle age housewife symptom?
Losing to the emus was very traumatic.
But unlike Latin America, interest rates going up is even more crippling due to the high debt load, both public and private, which went to asset purchases in some cases but I many was wasted. And they can't default as most of their debt is held by their own citizens as they are so fond of saying.
That's the dilemma: high inflation can eliminate debt, but cripples the consumer -> collapse in spending -> collapse. Reducing inflation with high interest leads to inability to service the debt -> collapse in lending activity and thus economic activity and even higher future interest rates -> collapse.
That's the stagflation hyperinflation trap that happens when you have too much debt and try to inflate it away.
Murdoch is unfortunately our most influential (and worst) export. Given he has a monopoly on news in Australia, it shouldn't be surprising just how much sinophobic content comes out of our outlets.
Big Brain logic-> China is our biggest trading partner , but we might goto war because of the US will force us into a conflict. Hence China is a threat
Ngl this is the one time the MIC's warmongering is pretty based. They really do need to get the US into mother of all quagmires that will bring down the country. We can call it "the Mutt trap" in homage to what they called the Soviet invasion of Afghanistan.
They're really in for a nasty surprise if they think fighting cartels with hundreds of billions a year in revenue (even without Chinese support) and millions of members will go anything like fighting cavedwelling Iraqi & Afghan mujahideen who got by on scraps. And even then they lost lol
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Let's hope they succeed, and this becomes a full-blown land war in North America. The air force and navy are getting almost all the budget benefits for the war with China, and the army is being left out of the pig trough. A land war with Mexico would be a quick and easy way to make sure the army also gets sweet cash ad infinitum.
Effing Wumaos like Jeffrey Sachs will be the first to be sent to the frontline in Anchorage at the outbreak of hostilities. In fact he could share a trench with @9dashline.