Originally posted by DavoMagic
Should the RBA chief be sacked????
The banksters and debt creation cannot keep propping up ineffective immigration and expenditure misallocation reducing productivity and competitiveness!!!!
see link
https://www.reuters.com/article/us-australia-economy-rba-idUSKCN1PV0B1
Is the RBA chief acting on behalf of foreign agents against the interests of Australian citizens???Clearly immigration in Australia must be reversed and rates raised pushing the parasites out of the way so the best performers are empowered to receive merit for their effort motivating them to apply themselves to greater heights for the beneift of the prosperity of the nation!!!!
that would seem to some to be obvious, but what is more in the face of economists is the drop in the AUD/USD fell 107 pips after the RBA kept rates on hold and will for a while to come. Has this sent a message that coupled with the banks taking an assault that Australia is heading into the desert of no demand but growing population and like you say unsustainable immigration that will have a socio economic consequence reflective on standards of living in Australia, police forces in Australia are seeming to be under greater stress than ever before, is this a result of overpopulation or one of the warning signs that will be used as an example of we didn't know back then sort of situation.
When I studied poverty and the economic causes and effects in college, I realised that it wasn't just one thing that caused it but many outside of the control of the one in what people call a perfect storm, Venezuela's skyrocketing inflation and people starting to starve is a stark reminder of the final consequences of such situation, and the change of the president of such a place, here in Australia the drought that is affecting the farming and lack of water, like in the Murray Darling situation can I feel only put more pressure on food prices as production costs go up as a consequence of down the line costs.
Are these early warning signs of great social and economic unrest in Australia in the next 5 years outside of anyone's control?
