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Are we heading recession?, page-29

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Tarvold

22,929 Posts.

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04/09/24

21:05

Post #: 75532639
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Originally posted by DavoMagic: ↑

agree with that hardly any baby boomer has worked hard apart from the odd farmer who has extra incentives from land speculation and government support.

most of the wealth are with baby boomers that have hardly done anything and younger generations are saying what the f?? I mean other countries have this effect to but I think OZ is more extreme and OZ has the water so it is difficult to shoot over to another land.

As of right now many countries are better than OZ I think, but I am happy to hear otherwise if someone can actually present anything.

It is funny how no one seems to think how they have been successful in the last thirty years can be repeated for another thirty years especially if teh accumulation was in effect a indirect form of generational theft

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Australia has a dumb economy, no innovation, no creativity.
Too much wealth is tied up in unproductive assets ie property.
No vision for the future other than import more people & build more houses.
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