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mickban

12,281 Posts.

165

31/07/21

12:05

Post #: 54926543
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Originally posted by moorookamick ↑

IMO, ageing economic issues are a minor part of our economic woes
but should be addressed, nevertheless.

Our pressing economic problem is our "dig it up & ship it out" culture
which gives "game, set & match" to the Multinationals who own 86%
of our mines, a growing %age of our ag land & a growing %age
of our big businesses.

We have left economic planning (tax planning is not economic planning
but simply provisioning the Government spend) to big business that is predominantly
foreign owned with the profits going overseas.

With Automation AI & outsourcing to 3rd world countries, the foreign owned pie is reducing
for Aus & Aussies.

https://www.news.com.au/finance/business/us-ownership-of-australias-biggest-companies/news-story/5e0361d3e4433be0c4c1c40c8254cac1

and:

https://australiainstitute.org.au/r...nfluence-through-the-australian-mining-lobby/

As Shakespere said: "Ah but there's the rub"

To economically plan we need to reclaim our economic soverignty
and without economic sovereignty we simply can't have Political Sovereignty.

At present the US owns both:
-the US is our biggest owner of Aus resources & big businesses
-the USA owns our national security (we farmed it out to them 50 years ago
by not developing our own Nuclear capabilities (remember when the Poms
were using Maralinga SA for their Nuke tests?)

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You must be missing out on the $7+ divvy from RIO hey mick
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The Left Are Rattled, page-20

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Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

The winners & losers on market if negative gearing were gone

Week 39 Wrap: What HotCopper’s watching; China’s new stimmy moves boost metals; Oz CPI drop

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The Left Are Rattled, page-20

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