Refuting Ombugge's left wing rhetoric


#342

Get a dictionary or use the internet. Look up progress and progression. You’ll note that progress means upward movement whereas progression means moving from one state or position to another.
So…the progression of nations does not mean progress necessarily.


#343


how did this graph look in the 60’s


#344

Household debt comes in as about 15.6% of disposable income in 2017 for US. The land of Oz about 20%. Of course averages are skewed since the top disposable income for the rich is much higher for the rich and less for the poor. Take out the top and bottom 5% and I’d guess it is much higher. Most working folks I know in the USA have a negative net worth simply because they owe a huge amount for their house. Many also owe for a car or two. Everything considered the homeless guy on the street they look down upon has a greater net worth than most of them.


#345


Australia getting ready for a housing crash that will pull the big 4 banks down.
The difference today is the reserve banks of all us OECD countries no longer have a balance sheet capable of holding the countries banks up, the next step has never happened but it will in the next global crash


#346

Merriam Webster disagrees.

Pro tip: before you tell someone in a condescending manner to look something up in a dictionary, always do it yourself first. Otherwise:


#347

Geez…progress and progression are not the same but I give up. I will happily accept the crown of buffoon so I may maintain my illusions. :grin:


#348

Didn’t say they were the same…I said your definition is wrong. Take your own advice and look them up.


#349

I hear that the Australia house market is a victim of excessive regulation that drives up costs. Big country with a lot of resources and a small population, houses should be cheap.

We have the same problem in the US. Something like $40,000 in paperwork and regulatory costs in the average house. Ridiculous.


#350

no its chinese money flooding in and banks lending like a drunken sailor
( well almost sailor stops drinking when the money runs out)
The habitable part of Australia is small so property is what has become expensive


#351

You should be happy you live in a well run country with a well managed economy and a positive balance sheet then??


#352

You obviously looked up the right definicion of yourself I see.


#353

it was good when you were here, but the future is going to be different.
Young Singaporeans not as confident as young Australians on their future, thats for sure.
Cost of a one bed flat in Singapore gets you a good house in most of Australia


#354

You mean my leaving made a difference??


#355

must be, all taxes up now, population dropping…
10 people having lunch in the cafeteria on loyang base is a big crowd these days


#356

If you see Johnny Yeo there, say hello from me.


#357

Yeah he tried your playbook (not respond to things in the post and attempt to deflect to a non relevant issue) and looked foolish (or buffoonish) in the process.

The difference is that his was just a mistake whereas blatant trolling is your M.O.


#358

What you mean is the skilled labor is there but unwilling to work the the odd hours for the rate of compensation you provide. At least that’s how I read that paragraph.

Which begs the question: What is your discount, as a percentage, when you hire a foreign technician?


#359

Discount in wages or skills??


#360

So you don’t have a monopoly on that??


#361

ombugge, Sometimes it is not proper to get in a battle of wits with an unarmed adversary. I choose to be proper on occasion. :wink: