Originally posted by moondoong
ALP will make the LNP look like saints. Mark my words.
Everyone runs down mining but without mining and petroleum we would have a massive current account deficit.
Property has strangled the economy as people poured more and more of their earnings into their loans.
It ALL has to be paid back with interest, or written off.
Either way it's a disaster for Australia. This is the beginning of a very big, very hard crunch time for Australia. The destruction of wealth will be unprecedented in our history.
Some will laugh and say I'm full of it. Well laugh all you like imo this is an existential threat to our nation. It's that serious. And our parliament recently has been obsessed with illegal immigrants and other non important crap while we head full speed over the cliff.
As with the NEG all good policy is based on:
- Engineering
- Economics
and not on
IDEALOGY.
The NEG was great LNP policy that took 10 years to be born..
IDEALOGY got rid of Mr Turnbull
