By: ancientsong
17/06/2009
12:27 pm Yahoo! Profile:
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in regards to Perceptions now "C-lock" theory, he makes a good point, our economy relies on exponential growth and when something grows exponentially everything seems fine until is too late eg:
anything that keeps growing at a fixed percentage each year is exponential growth, to find the doubling time for any fixed rate of growth you divide the number 70 by the % of growth, eg if they say "X" is growing at 5% a year...
70 divided by 5 = 14, it takes 14 years for "X" to double in size.
to show the dangers of exponential growth, I'll give you this example I read:
bacteria grow exponentially, that is, a single bacteria will divide into two, those two into four, those four into eight, those eight into 16, etc...
now suppose I put a single bacteria in a bottle at 11am
and by 12pm the bottle was full,
the question is at what time was the bottle 50% full?
the answer is....11.59am
what time was it 25% full
the answer is...11.58am
it was 12.5% full at 11.57pm, 6.25% full at 11.56am,
3.13% at 11.55am and 1.57% full at 11.54am
so as you can see, exponentinal growth kinda sneaks up on you, for almost an hour it looked like nothing was happening in the bottle, but in the last few minute it really took off..
this is why exponential growth is dangerous.. |
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By: perceptions_now
17/06/2009
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"i dont know why one person would want to repeat himself so many times with so many different ids. why doesn't he just use the same one? he must be crazy."
"He would be better off to appologise to all & gain a bit of respect from us all that he currently does not have as at the moment we all see him as a complete loser with no life."
sandy.cape & jaymarcel,
Oh dear, Crazy Jim may not appreciate being told that he is Crazy?! |
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By: jaymarcel
17/06/2009
10:19 am |
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By: sandy.cape
17/06/2009
8:01 am |
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By: rodneythesaviour
17/06/2009
7:23 am Yahoo! Profile:
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There is much truth in what has been posted here below concerning the forecasting of a pending economic disaster.
Indeed, we should all rally round steve_b_wilson and cry -
AUSTRALIA - ECONOMIC DISASTER LOOMS.
Indeed we should make every effort to support his CRUSADE to awaken the populace to the crisis at hand and seek to encourage each and every member of the population to take action now which shall secure their financial security in the difficult times to come.
Be cautious and maintain financial flexibility.
A positive outlook and confidence are not enough. |
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By: dishonestnzsheilainoz
17/06/2009
7:10 am |
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By: jaymarcel
17/06/2009
6:02 am Yahoo! Profile:
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We are no way near the maximum impact points, stop reading too much into headline news & start looking at the facts themselves.
There is plenty more land (to live & grow food), we can build more powerstations, we can build more water plants, we can be more enviromentally friendly.
But you are correct on one thing the human c lock is always moving & the human race is always advancing in many ways. |
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By: perceptions_now
16/06/2009
11:47 pm Yahoo! Profile:
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What are the population levels, where we can live sustainably, with ourselves, our country, the planet and its resources, over time, say the next 20-100 years?
At what point, on the HUMAN C lock , are we now?
If all of human history, past & future, were on a 24 hour C lock , are we 1 minute past midnight, Noon, 1 minute past midnight or somewhere else?
The real answer is, it is a work in progress.
That said, we are close to where irresistable forces, start bumping into immoveable objects.
In other words, the finite nature of things, such as Energy (Oil), Population Capacity (including Aging), Food Production Capacity & our impact on the Global Climate, are now reaching maximum impact points.
I liken this to the process of continent drift, where enormous forces are in play for millions of years, without much ado.
But as these continents collide, there are literally "moments" when those irresistable forces actually impact the immoveable objects and then all hell breaks lose.
Based on our population expansion, usage of resources and impact on the planet, we are now entering the final minute of that 24 hour C lock, the time left is short, but change is still possible! |
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By: belantos
16/06/2009
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Here is an interesting article to read:
The Bear Market Never Ended
http://finance.yahoo.com/news/The-Bear-Market-Neve r-tsmp-15528529.html;_ylt=A0WTUSN4tTZKQmMBfTG7YWsA ?sec=topStories&pos=5&asset=&ccode= |
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By: dr.xingli
14/06/2009
7:29 am |
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By: chinadoll_b
13/06/2009
12:18 pm Yahoo! Profile:
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| Yea sly wolf, I am too smart to know what your intentions are yea same old story like my old man while he hangs around this young lady from Indonesia one more peadophile with their vile excuse and accusations and scapegoating for theirm own failure in life. so sad so sorry but no not really no sympathy from me. |
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By: sly_guy_nsw
13/06/2009
8:16 am |
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By: chinadoll_b
11/06/2009
11:33 pm Yahoo! Profile:
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| Mr evil, you sound like a jealous soul. why don't you work hard like my Chinese boy friend and stop being a redneck like my old man. I am born here of Aussie parentage, both tracing their ancestry to the early settlers. What about you? may be you should fly back to the country of your origin. What ever it may be. I appreciate hard working productive individuals of kind peaceful soul. You sound like one of those uncultured thugs. shame on you and stop picking on SCAPEGOATS WE OWE OUR ECONOMIC SUCCESS AND PROSPERITY TO CHINA, INDIA, AMERICA AN AND OTHER TRADING PARTNERS. You are a great shame to this great country and best pis of elsewhere. |
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By: communists.are_evil
11/06/2009
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Yes! The WORST is yet to come.
And why?
It is because we failed to see the truth.
And what is the truth?
The truth is that the P. R. of China has been and continues to work towards obtaining control of this nation.
chinadoll_b you preach such utter BS here on these BLOGs.. If you LOVE the P.R. of China.. GO LIVE THERE and leave us here in peace!
We are proud of our fine nation and do not need Kiwi shiela`s like yourself who simply suckle off the successes of the Oz economy whilst giving nothing back except critisism and complaint..
You Kiwi`s are really something else!!
You come over here and do nothing but complain.
Geez! I though the Brit migrants were a pain.. But you KIWI`s take the cake! At least the BROT`s do their best to make anew life here and become part of the community...
The corrupt and evil communist Chinese no longer satisfied with taking some of what we have now seeks to acquire all that we have.
We must defend what is ours and say NO to those who would steal our natural resources, corrupt our oficials and bribe our leaders.
Say NO to the communist Chinese before it is too late and all that is left is debt. |
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By: chinadoll_b
10/06/2009
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| Why is always when someone has not gone anyway in life they always blame the government(Labor or Liberal)? This is the problem of jealousy in Australia. People never blame themselves. Like my old man he never blames himself, but put his blame on the government and his ex wives. In actual fact if he took a little responsibility and save a little and invest in good stocks like BHP or Woolworths, have only one wife and 2 kids, like my Jing does he would been a multimillionaire. Rather he always puts othe blame on his exs calling them old hags and etc and the government. |
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By: wealthforlife@rocketmail.com
10/06/2009
7:50 pm Yahoo! Profile:
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quiteanonymouse
my reference was re the poster previous to you
This is my last post |
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By: quiteanonymouse
10/06/2009
7:41 pm Yahoo! Profile:
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Interesting
I am used to being filtered on Chinese forums
This is a new development
Hiding the truth from Australians in Australia |
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By: quiteanonymouse
10/06/2009
7:13 pm Yahoo! Profile:
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I've only posted twice
I haven't told anyone to buy or sell
Just look at the math
http://www.bubblepedia.net.au/tiki-index.php?page= House%20Prices%20Double%20Every%20X%20Years
Better still, look at the "need" (cough) for governnment intervention in market forces to prop up housing prices
If the housing market was that tight, then why the FHOG? or the 2x and also 3x FHOG!
Government cannot fix this problem, but sure as hell they are going to make the problem worse.
I suspect they will steal our super to do it. Costello had the "Future Fund" (42b) to offset, presumably by compound interest and further contribution, the 101 billion unfunded liability of super.
That's right. UNFUNDED. aka PONZI!
Gues what - its GONE (RUDD!)
And "The Henry review" recommends all sorts of evil ways of rejigging the system to get that super.
Even Allan Fells is on board with team Rudd to rob us
http://business.theage.com.au/business/rudds-super -idea-guaranteed-pension-incomes-for-sale-20090529 -bqbx.html
Make no mistake - there is no need for a "government pension". We already can save in superannuation.
THE ONLY REASON TO MANIPULATE THIS IS TO STEAL FROM OUR SUPER.
Don't contribute any more than is compulsory.
Already, foreigners have lost their super, claimed by the government when they leave Australia.
AND if they try and get it back, it will be massively taxed.
It's a great setup by a big spending government with NO BRAINS, to steal from us.
Stay out of their stupidity. They will prop up housing even if it means printing money (they will have no choice when Australia is crowded out of the market. |
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By: wealthforlife@rocketmail.com
10/06/2009
3:31 am Yahoo! Profile:
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If you take the advice of the previous poster and sell your home as well as anything else which is what he constantly advises,you wont have a home to be means tested.
You wont have anywhere to live except a nursing home and your 'savings' in the bank wont last long enough.Then what happens? All your 'savings' go towards your healthcare instead of to the people you want to inherit it.
> |
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By: quiteanonymouse
9/06/2009
7:07 pm Yahoo! Profile:
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Ahem
Nursing homes are means tested (and that means your home)
That's why families are so keen to transfer the title as mum/dad's health fails
Too bad that means a lower quality nursing home
I'm absolutely in favour of the home being regarded as an asset, especially for the old age pension
The government should have a claim on the home of pensioners |
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By: wealthforlife@rocketmail.com
8/06/2009
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rodneythesaviour
You wont be selling the shirt off your back.It'll be getting ripped off.Like you will be,before they throw you in an old peoples home.Then what happens to your dollars.You'll be paying exorbitant care rates because you dont own your own home and have too many Dollars in the bank to qualify for subsidized care from silver chain.
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By: rodneythesaviour
8/06/2009
9:29 pm Yahoo! Profile:
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Interest rates are indeed about to reach levels not seen for years!!
Yes indeed my fellow citizens.. We can only feel sorrow for those who would not see.. would not listen.. Those who rushed out to purchase property at prices, (such as those I charged for the properties I recently sold) which are not supported by the current economic conditions..
I was one of the lucky ones. I saw the writing on the wall and offloaded my properties whilst I might still make a handsome profit.
Now in retirement, I shall bathe in the warmth of the as interest rates grow and my deposits grow with them safely deposited in government insured bank accounts.
To those of you who still my doubt the words of steve_b_wilson and are hanging on to the assets you currently own in the hope that the value will be maintained despite the pending economic collapse...
I say --> Open your eyes and SELL!!
Or.. lose much more than your shirt in the months to come! |
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By: sly_guy_nsw
8/06/2009
9:18 pm |
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By: quiteanonymouse
7/06/2009
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It's inevitable.
The graphs for US and UK are virtually the same as Aus.
Since the US came off the gold standard (Nixon Shock) in the 70s to fund the Vietnam War, house prices have risen steadily and now crazily since about 2000, when Greenspan & Clinton repealed the Glass-Steagall Act, China fuelled the associated credit expansion and Howard manipulated the housing market with the FHOG to get us out of the Asian Financial Crisis.
In terms of debt to income ratio, now its at least 167% for Australia.
It is patently unsustainable.
What we are seeing right now is the effects of a 10 trillion yuan "stimulus" in the PROC. Actually, this is largely acquisitive resource gathering in a long term strategy for China's future.
This is why Australia has not gone straight down the toilet. Rudd claims he saved us. He is a cretin.
To industrialise the world's population will take 2.5 times what is available in the crust. It ain't gonna happen. China knows this.
They won't forget Rio, Oz and Fortescue either.
When the credit tap runs dry for Aus (we will be competing with Obama), we hit the bottom for cheap credit, and the price (interest rates on borrowing) will go up accordingly.
The RBA has a bit more time to buy for us - interest rates can still and most likely go to zero or close to it.
Rudd adds more fuel to the funeral pyre with double and triple FHOGs. Governments do not know better than markets. They should not rob earners to buy votes.
It is inevitable. This is why Rudd is cretinous. It need not be expensive for us. But it will be with Rudd.
An event horizon is on the radar. The US is insolvent and we will likely see the reserve currency change. It has happened, usually after successive wars.
Our currency is a "commodity" or "risk" currency. Don't forget who we are borrowing from and what happens when the lender charges more for credit.
Prepare for an oil shock. |
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By: wealthforlife@rocketmail.com
4/06/2009
4:21 pm Yahoo! Profile:
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Thursday June 4, 2009
Australia dodges recession Q1 growth of 0.4% lessens need for rate cuts
SYDNEY: Australias economy expanded last quarter as the best trade performance in 48 years helped offset a slump in business and housing investment, putting it among the very few developed nations to have avoided a recession.
The Australian dollar hit eight-month highs as the economys resilience was seen lessening the need for further easing from the Reserve Bank of Australia (RBA).
'Weve dodged the recession bullet for the time being,' said Michael Blythe, chief economist at Commonwealth Bank. 'Its stronger than the RBA was expecting, and it reinforces the 'onhold for the time being' message.'
Wednesdays report showed GDP, the value of all goods and services, rose 0.4% in the three months to March, from the previous quarter when it fell a revised 0.6%. Recession is typically defined as two consecutive quarters of contraction.
Any growth at all was a rare performance among rich nations. The US economy contracted by around 1.6% in the first quarter, Canada by 1.4%, Germany 3.8%.
'The Australian economy has outperformed every other advanced economy in the March quarter, recording positive growth in the face of a savage global recession,'
Australian Treasurer Wayne Swan said in a statement.
Australias outperformance owes much to aggressive policy action from the central bank, which cut its key cash rate by 425 basis points in just seven months, taking it to a record low of 3.0%. The Labour government also weighed in with over A$52bil in fiscal stimulus.
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