XJO 0.25% 8,160.0 s&p/asx 200

stalemate wednesday, page-45

  1. 3,731 Posts.
    It is ironic, our labor goverments tend to be associated with stock market crash:

    1929-1931: James Scullin

    1972-1975:Gough Whitlam

    1987: Bob Hawke

    2007-Now: Kevin Rudd

    An alarming comparable is in 1929 when the National-Country Party Coalition was defeated after it tried to impose punitive industrial legislation.

    And the latest Labor win is helped by the coalition's punitive industrial legislation too.

    I believe history may repeat itself now.
 
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