@ctindale I suppose we should all start preparing for the immigration taps to be turned off and the second “recession we had to have”, possibly brought about by One Nation winning the next election.
Short term pain, long term gain (I believe).
@thewatsonview@thesherlockview That makes sense. They don’t need to build rail or port infra, and have the rights to use existing. And the processing work/energy is low, presumably obtained from the old Feasibility Studies from the previous owners of the deposit.
@thesherlockview Also, regarding the Taconite deposits, why are they low carbon, and will possibly produce green steel? Is there little waste to move, or hydro / nuclear power nearby?
Average balkan diet is like
Breakfast: coffee and cigarette
Lunch: coffee and cigarette
Dinner: 2kg grilled meat, bread, baklava, 2 liters of rakija from a coca cola bottle with a sprite cap
Life expectancy: 90 years
@SBakerMD Nobody ever mentions that fruit and veg may help protect you from scurvy when you are subsisting on nutrient-deficient grains. Initial conditions matter!!
@cjoye Hey @cjoye - would you say people who already own investment properties, large equity portfolios, or small businesses most likely already own their primary residence, thus how much capital can really pour in?
I suppose they could sell and upgrade their homes, or renovate…
The Petrogas-Dollar in action:
–$25bn was leaving the US in Jan. By Feb $184.5bn was coming in
–51% of SWIFT transactions were in USD in March, a record
–US exports hit an all-time high of $314.8bn
–Record profits & stocks for Big Oil
Investigation: https://t.co/rsQWj0XbMq
The people who offshored our petrochemical and refining capacity are the same people who offshored our industrial base.
They are the people who imagined that Australia could prosper in an asset-inflated, debt-driven economy, where we sold houses to one another, served coffee to one another, and called it prosperity.
They are the people who built vast domestic schemes while allowing the productive base that funds them to decay.
They are the central bankers who treated consumption as the measure of success, while the goods we consumed, the machines we needed, and the materials we depended upon were increasingly sourced from China.
They are the people who speak solemnly of “net zero” while ignoring the fact that much of our carbon burden has simply been exported, manufactured elsewhere, and then consumed here with clean hands and dirty supply chains.
They are the people who insist that Australian workers must have rights, protections, safety standards, and wages, while accepting that those same rights are extinguished for the workers who make our goods overseas.
That is the modern colonial mind. It no longer arrives with a flag and a gunboat. It arrives with ideology, moral absolutism, and a lecture.
It tells us what to think. It tells us what words to use. It tells us what industries we may have, what energy we may use, what history we must despise, and what future we must accept.
And it did all this without ever asking the Australian people the central question:
Do we wish to remain a serious country, capable of making, refining, building, repairing and defending itself?
Or are we content to become a nation of consumers, administrators and moralists, living off assets we don’t build, supply chains we do not control, and energy systems we no longer understand?