Markit
Posted this because I just paid 12,000 Rupia for 1.5 kilos of limes. Wish I could bag em and send them to Oz.[url=http://www.bbc.co.uk/news/magazine-21519050]BBC News - Australia: Where the good life comes at a price[/url]
hinakos
1 thing the article forgets to mention is that 99% of people are saddled with huge debts. Ridiculuous debts.True everyone is driving the latest cars and has the latest toys, but they dont really own these....they work long hours and are barely making the interest on the repayments.This is the new "norm" in oz. Bury yourself in debt to the eyeballs......no matter as long as you have a shiny car and swank house.Easy lending meant everyone can have everything. This is whats has driven the real estate market beyond everyones reach. Only a while longer and it'll all begin to crumble.Im back in Oz after 12 months and doing the real estate rounds, half the real estate agents i dealt with back then have gotten out of the real estate game....nothing moving, no money to be made.Dinner last night for 4 (was nice but nothing special) was $300.True the hospitals, roads, schools and infrastructure are second to none....but real estate and cost of living is a joke and im positvie in the near future there will be a massive downward slide.Manufacturing is virually gone as a man with a shovel now costs around 50$ an hour. Someone assembling gadgets in a factory is on $25 an hour.Parking in the city is $40 an hour.The madness must end. People need to spend what they earn, not what the banks hand them. Shit is gonna fail spectactulary i feel, and the sooner the better.
Markit
Ever hear of the Weimar Repulic? People were paid daily and then running around with baskets of money to buy a loaf of bread - have heard of a documented case where the basket full was left outside a shop. Upon the return of the owners the basket had been stolen but the money dumped on the sidewalk. Official rate of inflation according to your central bank is a laughable 2.2%. Does this seem even remotely possible with a single lime costing $2.25?Layman's definition of inflation: too much money, chasing too few limes
Dick Rector
Actually this is for Markit!Just noticed on my Dutch online newspaper that 21 TONS!!! of Gouda cheese have been stolen.Any idea when the party is? Would like to join in.
Markit
Dang! Curses, foiled again. :abnormal:
