Someone Plzzzz help me - Page 2

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Someone Plzzzz help me - Page 2

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Old 09-14-2009, 10:44 PM
Wanderer's Avatar
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Well, if I attempt to read between the too many lines of:
PO popularity has sunk to a lowest level of any President at this stage of term.
Wall Street has rebounded but nothing of underlying basics has changed.

International airlines are in trouble. Qantas has cancelled new aircraft orders.

Our own government has decided borrowing willy nilly is good!

There are some predictions our housing market is yet to collapse, something I posted on here about some months ago.

The government is hell bent on giving more jobs to India and China courtesy of carbon trading putting electricity costs higher than they have already started to go and higher again they will go because of the fantasy of 20% renewable energy.

IT/call centre jobs already go offshore to countries where labour rates are not anywhere near as high in countries referred to as the western world!

We are already importing Asparagus from Peru [not in cans mind you].

The failure to address drought [they occur regularly enough] but harp on about climate change.

And even in sunny California, the 8th largest economy on the planet is on the virge of bankruptcy with a few more US states not far behind.

Car manufacturers have huge stockpiles at wharves around the planet.

Unemployment is not so high because employees are showing some sense in being prepared to work less hours, ie. four days a week, maybe three days is next!

So my gut feel is that the planets economy is in something of a mess brought about because of the good partying times of the Wild wild west of more recent decades where Wall street has partied supreme with little logic at times or government oversight because those in departments may have had the ability got seduced into Wall street themselves by enormously rediculous salaries offered there where no one really understood what was going on anyway and still probably doesn't, other than if you party hard enough with the right people there may be some more money to stump you up from either the private sector or when the Madoff and other Ponchi schemes were discovered and there was no more money, the government has had to miraculously produce some more - more borrowings from where?

Australia has already had a few financial investment scheme disasters of its own occur, one company very aptly called Storm where investors were heavily encouraged to borrow against their homes to buy shares when the market was booming.
Off course when it fell, so did Storm and now thousands of people stand to lose their homes, investors having been invited to discussions with the bank in question.

If that bank goes softly softly with them to absorb losses, what does that mean for all the other bank customers and shareholders?

Maybe you can get a dart board and blindly throw five darts, add up the total and fivide by three and say the answer is 17

2017 sounds good

But that could be when China calls in its IOUs and we become their most southern province!

  #12 (permalink)  
Old 09-15-2009, 03:44 AM
pankajraisareen's Avatar
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Thanx Wanderer, 2017.................. I would like to die before as I am in very bad economic situation and i want to leave India asap

  #13 (permalink)  
Old 09-24-2009, 04:51 AM
Wanderer's Avatar
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Latest Immigration Regulations Update

Unless you have an occupation on the CSL, forget a GSM skilled visa application
Until after 2013

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