December 21, 2025Dec 21 Author $1 Trillion in debt sometime next calendar year. That's about $50 Billion a year in interest. The debt and the interest keeps rising, with no end in sight.
December 21, 2025Dec 21 1 hour ago, KhunHeineken said: $1 Trillion in debt sometime next calendar year. That's about $50 Billion a year in interest. The debt and the interest keeps rising, with no end in sight. That's the socialist way, keep spending until you run out of other people's money.
December 21, 2025Dec 21 Author 5 minutes ago, emptypockets said: That's the socialist way, keep spending until you run out of other people's money. Then create a war to absolve the debt.
December 21, 2025Dec 21 38 minutes ago, KhunHeineken said: Then create a war to absolve the debt. Sadly, I agree. Though in the case of Australia....... we're stuffed. The bung has fallen out of the tinnie and the hang glider has got a tear in the wing.
December 22, 2025Dec 22 Author 20 hours ago, emptypockets said: Sadly, I agree. Though in the case of Australia....... we're stuffed. The bung has fallen out of the tinnie and the hang glider has got a tear in the wing. Economically, Australia has been going down the toilet for several years. The economy is surviving on the credit card. When that credit gets maxed out, wait and see what happens to the AUD. It will fall off a cliff. $1 Trillion debt for a country with only 28 million people, and nothing left to privatize or sell off. No surplus for the next 10 years should push Australia's credit to the limit. What a mess successive governments have left for our grandchildren.
December 22, 2025Dec 22 1 minute ago, KhunHeineken said: Economically, Australia has been going down the toilet for several years. The economy is surviving on the credit card. When that credit gets maxed out, wait and see what happens to the AUD. It will fall off a cliff. $1 Trillion debt for a country with only 28 million people, and nothing left to privatize or sell off. No surplus for the next 10 years should push Australia's credit to the limit. What a mess successive governments are leaving for our grandchildren. As long as I get my pension at 67 I will be happy
December 22, 2025Dec 22 Author 10 minutes ago, georgegeorgia said: As long as I get my pension at 67 I will be happy Sure, but it may be worth 25% to 30% less as an expat in Thailand, in the years to come. That's the same AUD, but for 30% less baht for it. It may not afford a decent lifestyle in Thailand in the future. Some expats may have to move to the village, or move to a cheaper country. Eg. Cambodia.
December 22, 2025Dec 22 23 minutes ago, georgegeorgia said: As long as I get my pension at 67 I will be happy Will you pass the assets test?
December 22, 2025Dec 22 Author 1 hour ago, emptypockets said: Will you pass the assets test? The government will probably change the goal posts by then.
February 4Feb 4 7 minutes ago, KhunHeineken said:Australia's future generations have a bright future. 🙂Published 4/2/26.Albo and Labor had two jobs. Make our people prosperous. Keep our country safe.Failed on both accounts.
February 4Feb 4 Author 7 minutes ago, emptypockets said:Albo and Labor had two jobs. Make our people prosperous. Keep our country safe.Failed on both accounts.No. Albo and Labor only had one job. Make themselves rich. They succeeded. https://www.abc.net.au/news/2024-10-15/anthony-albanese-buys-central-coast-property/104472726https://www.abc.net.au/news/2024-10-16/how-many-properties-do-australian-federal-politicians-own/104476596
February 4Feb 4 1 minute ago, KhunHeineken said:No. Albo and Labor only had one job. Make themselves rich. They succeeded.https://www.abc.net.au/news/2024-10-15/anthony-albanese-buys-central-coast-property/104472726https://www.abc.net.au/news/2024-10-16/how-many-properties-do-australian-federal-politicians-own/104476596Sadly you are correct. Costello and Howard handed Labor an economy where the debt was zero. The credit card had been paid off.DebtNadaZilchZero.Then Kevin 07 started spending like a drunken sailor.The rest is history.Now we are in debt up to the eyeballs. Inflation increasing, interest rates up.Hopefully history will repeat itself and Labor will self destruct. Always happens.
February 4Feb 4 7 minutes ago, emptypockets said:Albo and Labor had two jobs. Make our people prosperous. Keep our country safe.Failed on both accounts.You think the Coalition would have done any better?Howard signed deals with Japan which gave the Japanese 30 years of gas at bargain basement prices, with no adjustment for inflation.The Lyons conservative government introduced negative gearing in 1936. The Howard government brought in the capital gains tax discount. Morrison cut taxes on the rich. All contribute to the current wealth inequity in Australia.OTOH, the minority Deakin government with Labor support introduced the age pension. The Chifley Labor government brought in the PBS, without which Australians would be paying American prices for medications.Whitlam forced Medibank through a joint sitting of Parliament. Fraser dismantled it. The Hawke government rebranded it as Medicare.Don't try to tell me the Coalition would be better at governance, or improving the lives of the average Australian, because that is utter BS.
February 4Feb 4 Author 19 minutes ago, emptypockets said:Sadly you are correct. Costello and Howard handed Labor an economy where the debt was zero. The credit card had been paid off.DebtNadaZilchZero.Then Kevin 07 started spending like a drunken sailor.The rest is history.Now we are in debt up to the eyeballs. Inflation increasing, interest rates up.Hopefully history will repeat itself and Labor will self destruct. Always happens.Yes, but Morrison was no angel. Giving handouts to the top end of town, particularly around covid time. I'd like to know how many politicians made money on the Qantas bail out?
February 4Feb 4 Author 2 minutes ago, Lacessit said:You think the Coalition would have done any better?Howard signed deals with Japan which gave the Japanese 30 years of gas at bargain basement prices, with no adjustment for inflation.The Lyons conservative government introduced negative gearing in 1936. The Howard government brought in the capital gains tax discount. Morrison cut taxes on the rich. All contribute to the current wealth inequity in Australia.OTOH, the minority Deakin government with Labor support introduced the age pension. The Chifley Labor government brought in the PBS, without which Australians would be paying American prices for medications.Whitlam forced Medibank through a joint sitting of Parliament. Fraser dismantled it. The Hawke government rebranded it as Medicare.Don't try to tell me the Coalition would be better at governance, or improving the lives of the average Australian, because that is utter BS.He didn't. That's just in your mind. Both major political parties are as bad as each other. No wonder One Nation is polling well. Pauline will probably end up getting every protest vote across the country. All she has to do is sit back and let Labor and Liberal continue to lie to the Australian public and she will continue to gain in popularity. Maybe, just maybe, the Australian public have had enough of the two party system.
February 4Feb 4 1 hour ago, Lacessit said:You think the Coalition would have done any better?Howard signed deals with Japan which gave the Japanese 30 years of gas at bargain basement prices, with no adjustment for inflation.The Lyons conservative government introduced negative gearing in 1936. The Howard government brought in the capital gains tax discount. Morrison cut Lyltaxes on the rich. All contribute to the current wealth inequity in Australia.OTOH, the minority Deakin government with Labor support introduced the age pension. The Chifley Labor government brought in the PBS, without which Australians would be paying American prices for medications.Whitlam forced Medibank through a joint sitting of Parliament. Fraser dismantled it. The Hawke government rebranded it as Medicare.Don't try to tell me the Coalition would be better at governance, or improving the lives of the average Australian, because that is uttOh dear God! Lyons and Chifley.Really?No doubt you spent your career sucklng on the teat of the Australian taxpayer
February 4Feb 4 Just now, emptypockets said:Oh dear God! Lyons and Chifley.Really? No doubt you spent your career sucklng on the teat of the Australian taxpayer.
February 4Feb 4 On 12/22/2025 at 5:50 PM, georgegeorgia said:As long as I get my pension at 67 I will be happy You'll get it. Might not be what you expect.
February 4Feb 4 7 hours ago, emptypockets said:You'll get it. Might not be what you expect.7 hours ago, emptypockets said: 7 hours ago, emptypockets said: Oh dear God! Lyons and Chifley.9 hours ago, KhunHeineken said:He didn't.That's just in your mind.Both major political parties are as bad as each other.No wonder One Nation is polling well. Pauline will probably end up getting every protest vote across the country.All she has to do is sit back and let Labor and Liberal continue to lie to the Australian public and she will continue to gain in popularity.Maybe, just maybe, the Australian public have had enough of the two party system.Crickey, it's amateur hour today folks and Costello (who)?..too.
February 5Feb 5 1 hour ago, Olmate said:Crickey, it's amateur hour today folks and Costello (who)?..too.Same <deleted>.Just moved to a different subject mate.
February 5Feb 5 10 hours ago, KhunHeineken said:Australia's future generations have a bright future. 🙂Published 4/2/26.1 hour ago, Will27 said:Same <deleted>.Just moved to a different subject mate.Never learn hey! But the worst element showing here is the ignorance of some members knowledge of political reality . ( I watched question time from Parliament yesterday on ABC, Libs leader Susan Ley, they can't be serious calling that an opposition !) KH is an obvious contender for No1 dunce but surprised some others close behind. 🤔
February 5Feb 5 2 hours ago, Olmate said:Crickey, it's amateur hour today folks and Costello (who)?..too.
February 5Feb 5 10 hours ago, emptypockets said:Really?No doubt you spent your career sucklng on the teat of the Australian taxpayerWrong. I was shelling out anywhere between $30 K and $50K a year in taxes.I do suck on the teat of the Australian taxpayer now, I've earned it.
February 5Feb 5 On 12/30/2021 at 12:50 PM, KhunHeineken said:I can only imagine what new taxes and cost cutting awaits the present generation, and many generations to come. The government are mismanagers.Let's look at the Brittany Higgins Fiasco.She enters the workplace after dark, drunk, with a companion.She has sex in an office, her sex partner leaves the workplace. Security guards find Britney naked, asleep on the sofa, security cover her up, leave the office, letting her sleep.If it was me, or any male, we would have been fired, probably unable to find future employment.She's awarded millions of dollars 💲💲💲💲💰
February 5Feb 5 6 minutes ago, SAFETY FIRST said:The government are mismanagers.Let's look at the Britney Higgins Fiasco.She enters the workplace after dark, drunk, with a companion.She has sex in an office, her sex partner leaves the workplace. Security guards find Britney naked, asleep on the sofa, security cover her up, leave the office, letting her sleep.If it was me, or any male, we would have been fired, probably unable to find future employment.She's awarded millions of dollars 💲💲💲💲💰Let's not forget that assault occurred in 2019, during the Morrison government's tenure.You seem to forget a judge determined on balance of probabilities Higgins was raped. You are implying it was consensual.
February 5Feb 5 2 minutes ago, Lacessit said:Let's not forget that assault occurred in 2019, during the Morrison government's tenure.You seem to forget a judge determined on balance of probabilities Higgins was raped. You are implying it was consensual.She was found on the sofa, naked, drunk, asleep without injury.What do reckon?
February 5Feb 5 Just now, Olmate said:3 minutes ago, SAFETY FIRST said:She was found on the sofa, drunk, asleep without injury.What do reckon?Without injury to what?? Your kidding!!
February 5Feb 5 2 hours ago, SAFETY FIRST said:She was found on the sofa, naked, drunk, asleep without injury.What do reckon?I reckon you are blaming the victim.Bruce Lehrmann is charged with two counts of rape in Toowoomba. How much smoke do you need before you'll admit there's a fire?
Create an account or sign in to comment