tag:blogger.com,1999:blog-7435500457558749032.post6182536226146220479..comments2023-06-01T10:10:55.189+01:00Comments on Rota Fortunae: Mining The Truth - Absolute Power Absolutely or 730,000% ROI over 10yrs.Jessehttp://www.blogger.com/profile/15313690775784566811noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7435500457558749032.post-30866159624833358472011-10-26T04:14:54.484+01:002011-10-26T04:14:54.484+01:00+100
Man, that is spot on.
Review Argentina from...+100<br /><br />Man, that is spot on.<br /><br />Review Argentina from the late 19th to early 20th century, their wealth (from resources mainly), politics and position in the world.<br /><br />In 100 years folks will be looking at Australia late 20th and early 21st and asking "how did they fuck that up?"Jessehttps://www.blogger.com/profile/15313690775784566811noreply@blogger.comtag:blogger.com,1999:blog-7435500457558749032.post-23906778773083201972011-10-25T13:17:19.775+01:002011-10-25T13:17:19.775+01:00Well the workers are just taking good-paying high-...Well the workers are just taking good-paying high-demand jobs. Why not capitalise on it I say. So i can see why there's no issue there.<br /><br />I do agree about the multinationals - I think I read on Macrobusiness once that the 'boom' we had was a capex boom (capital expenditure), where the miners spent money getting mines running, building mine infrastructure, building gas plants, etc, and that the ongoing expenditure will be a lot lower in coming years, as capex is a bit of a one-off significant expense (the rest being maintenance and ongoing costs).<br /><br />Now that the multinationals have bought up our companies and mining/extraction rights, we're left with not much.<br /><br />It concerns me a bit because we're told that allowing this is all in Australia's best interest, to 'encourage investment', but to me it seems like they're actually just swapping US dollars that are worth less each year for tangible assets. And we're letting them.<br /><br />The foreign investment in farm's/agriculture thing isn't hugely publicised at the moment, but that's also a concern.<br /><br />We'll look back on this and wonder what we were thinking.Petenoreply@blogger.comtag:blogger.com,1999:blog-7435500457558749032.post-39340568751965652011-10-25T03:56:00.457+01:002011-10-25T03:56:00.457+01:00Thanks. Spread it far and wide.
Like I said it wa...Thanks. Spread it far and wide.<br /><br />Like I said it wasn't a crack against the workers but against the apallingly gullible and unquestioning media and the power of lobby groups.<br /><br />The multinationals are raping the country and taking 80c in the $1. The bringing down of a PM will be revisited by history.<br /><br />Garnaut Snr is primo example of sticking a Prof or Dr in front of ones name and the fact you are a misguided goose is ignored.<br /><br />Cheers,<br />JesseJessehttps://www.blogger.com/profile/15313690775784566811noreply@blogger.comtag:blogger.com,1999:blog-7435500457558749032.post-22024131367861834212011-10-25T03:39:35.264+01:002011-10-25T03:39:35.264+01:00Great article! I'm going to send this to a few...Great article! I'm going to send this to a few friends who need to see it.<br /><br />Garnaut is the worst kind of fruitcake - an educated one with political influence.Petenoreply@blogger.com