tag:blogger.com,1999:blog-5613349802102193582.post5113852467701695878..comments2023-12-22T23:56:04.826+11:00Comments on Houses and Holes: New lobby for (non-mining) exporters (updated)David Llewellyn-Smithhttp://www.blogger.com/profile/01762856583909059662noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5613349802102193582.post-68624576357348074002010-10-13T16:23:46.252+11:002010-10-13T16:23:46.252+11:00He he, quite. After our terms of trade reverse or...He he, quite. After our terms of trade reverse or our debt driven ponzi scheme has its day of reckoning I've a feeling everyone (asides from property spruikers and the like) will join in on the "too much debt = excessive risk" song. For now they're drunk on cheap credit from banks they believe are invincible and phantom equity in housing. And any suggestion that the punch bowl could run dry is considered downright offensive.<br /><br />And I completely agree with your assessment of the current Government and Opposition. Neither side has the mettle to deal with our case of Dutch Disease and a glance at the RSPT debacle shows how hard it will be for any government to address the issue. Then again, John Hewson destroyed his campaign with a, well hilarious, GST backfire and two elections later John Howard used the GST to save his Prime Ministership. So the right mixture of political desperation and character (I refuse to use the word "courage") could see either side address the issue sometime. My Parents are small business owners and are heavily involved in the local Chamber of Commerce. They, along with the retailers and cafe owners just scoff at every bit of economic good news because every bit of it that trickles their way is almost entirely eroded by increases in interest rates or government bureaucrats finding more creative ways to make their lives difficult.Torchwood1979noreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-47506417315303649122010-10-13T13:18:00.521+11:002010-10-13T13:18:00.521+11:00They will join us or die, my reader!They will join us or die, my reader!David Llewellyn-Smithhttps://www.blogger.com/profile/01762856583909059662noreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-24412828744878421462010-10-13T09:21:14.352+11:002010-10-13T09:21:14.352+11:00Darth Vader was my childhood hero. Fittingly, you...Darth Vader was my childhood hero. Fittingly, you have taken his place. The Force is clearly with you David.Torchwood1979noreply@blogger.com