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Message Subject Australia - third world country?
Poster Handle Anonymous Coward
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doctorX
August 20, 2019 at 12:05 pm
They are all exactly the same thing. A self-imposed “immigration crisis” that is steadily sinking living standards and the national interest to enrich a tiny number of billionaires in retail and property, such Gerry Hervey and Harry Triguboff.

there is a mistake here – can’t see the forest for the trees – this is not “immigration crisis” but “speculative economic crisis” where immigrants are used only to delay the inevitable – ultimate implosion of living standards
it’s not about retail, property, … it’s about debt and only debt
immigrants don’t contribute much to the economy by spending or working, they are needed to get credit
an immigrant that earns $100k, pays 30% in taxes, saves 20% is not contributing at all but one that makes $50k and gets $500k mortgage after 2 years living here is saving our ponzi economy

once ponzi economy implodes living standards will get real hit because 80% of Australian live beyond their means
and than crowd in the morning will not matter for many because there is not going to be a job to get to
 
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