We are one people. One culture. That is literally what a nation is supposed to be. Tribal, under one flag, with one common set of values, rule of law, and, at least previously, religion.
I.e. monoculturalism.
Flooding the country with infinity immigrants, ie multiculturalism, is how you end up back at monoculturalism too, but this time with a culture you don't like.
Because all these immigrants know the truth that Westerners have long forgotten - the strongest tribe wins.
The rule of law is downstream of who holds power.
Once you import too many people, there is no binding force between them, and they start electing themselves into positions of power through sheer force of numbers.
Then before you know it, half your politicians are supporting strange causes from strange lands, once that don't represent the country you were born in. Indeed, by that point, your country has ceased to exist. All under the guise of a 'democracy'.
#BREAKING Reserve Bank officials have directly linked mass migration to the housing affordability crisis and fear the disastrous budget will only push prices higher.
The RBA’s policy experts were critical of Albanese’s policies such as Labor’s Help to Buy share equity initiative and an expansion of a scheme allowing people, including non Australian citizens, to buy a house with a 5 per cent deposit.
Net migration was running at record highs last term and has gone even higher this term with a record breaking 96,110 people permanently migrating to Australia in February this year, alone.
That is 3,433 people a day.
Asked about the RBA fears, Housing Minister Clare O’Neill, apparently detached from reality said, “this Labor government is unarguably the most ambitious on housing in 70 years”
She then bragged that the Government “supported” 420,000 new homes.
At 96,110 people arriving per month, that number won’t even scratch the surface.
Not to mention the clogged roads.
It now takes an hour to drive 5km in some parts of Sydney.
You haven’t seen anything yet. This is the warm up.
Rates will be suppressed through yield curve control. The money printer will go into overdrive, and inflation will return with a vengeance.
When that happens, people won’t just exit dollars and Treasuries. They’ll move into anything they believe can preserve value.
Runaway markets:
Weimar Germany: 1921–1923
Hungary: 1945–1946
Brazil: Late 1970s–1994
Argentina: 1975–1991
Argentina: 2001–2002
Mexico: 1982–1988
Peru: 1988–1990
Russia: 1991–1998
Yugoslavia: 1992–1994
Zimbabwe: 2000–2009
Venezuela: 2013–present
Turkey: 2018–present
Lebanon: 2019–present
Sri Lanka: 2021–2022
Egypt: 2022–present
YCC:
United States: 1942–1951
Japan: 2016–present
Australia: 2020–2021
India: Informal/partial YCC during 2020–2021
China: Periodic quasi YCC interventions through state banks and PBOC guidance, especially post 2015
United Kingdom: Temporary emergency gilt market intervention in 2022, similar to short term YCC behavior
@TraderCobb I'm in a young aus entrepreneurs discord group, the new goal now isn't about retiring our parents or buying a car. It's now, "how do we move everything offshore as fast as possible" the mood has changed overnight.
Let me get this straight.....
If I invest 500k into a startup, take all the risk, put in years of work and become one of the very small % that succeed in a meaningful way — when I sell, under the new budget the government takes 47%. They funded nothing and took zero risk. On a 500k capital gain that's $235,000 gone.
And here's the kicker: because a founder builds from nothing, there's almost no cost base to index. The new "inflation discount" shelters almost nothing for the people who actually build companies. It was designed to hit you hardest.
If I take that same 500k to the casino and put it all on black and win, I make $500k and they tax nothing. The time to either win or lose is in seconds, and the outcome if I win is better. The probability of winning is 50% — far better odds than the startup, and a lot faster.
So this government will back the gambling companies — they refuse to budge on their own findings and recommendations despite being in complete power — and they'll prop up gambling, but they'll shoot innovation in the head.
Founders, leave now is the message.
Fair?
#auspol
Imagine being the Prime Minister of a country and treating it like a trash bin for the world, and not even understanding the most basic tenant of your role:
you are supposed to represent Australians, not migrants.
🚨🇦🇺 Meanwhile in Melbourne, Australia
“Omg I’m terrified - did they just kill someone?”
Gang of African migrants stop the highway, in order to hack people up with machetes.
Melbourne recently introduced ‘Machete Bins’ for people to dispose of their weapons anonymously - it’s clearly not working & The State of Victoria has to deal with these incidents now every single day - courtesy of mass migration.
@friendlyjordies Why not just focus on housing? Why go after tax breaks on all assets? The government is incompetent and broke mate and they can’t abuse the money printer anymore without destroying the currency. Wake up cob.
If this is all about housing for young people then why are all our other assets being included such as shares , commercial property , industrial property what’s that got to do with housing ?
@ausbtcclub There was no referendum on this and they blatantly lied about not touching negative gearing. But don’t worry, at least we got to vote on the truly vital issues like gay marriage and the Voice. 🤡
Pre election 2025, Jim Chalmers said “when it comes to negative gearing tax changes, that is something we won’t be touching”
Anthony Albanese said “yes, for the 50th time, I promise that negative gearing will not touched”
The Albanese Government just blatantly lies to our face.