What's really going on?

What's really going on?

Posted in the Australia Forum

Foo

Australia

#1 May 19, 2013
My business has seen steady growth since a restructure in recent years , and Ive been at odds as to why so many people have become so negative. I always ask people if they're busy , and they all say yeah , and doing heaps. A few have not adjusted too well since the crash , but those who read the signs , and made the right adjustments , are going pretty good. I talked to a guy last week , who was complaining about the government big time....(lol)...I asked how his business was goin', and he said " too busy , had to put another bloke on to keep up"......he then went back into the usual anti-government rant....So , unemployment is surprisingly low , our debt level is also extremely low , and our economy has continued to grow against all odds .......the media and the Liberal Party continue to tell people how bad things are , and how incompatent the government is.....they don't say why , they just keeping saying it........have Australians been conned into being a nation of tragic pessimists ?.....or will it take a massive recession , and spiralling unemployment and interest rates , to jolt people back to reality , and make them realise how bad things are when the economy really doe turn sour ?

“Fair & Balanced”

Since: Jul 12

wherever there's a mine

#2 May 19, 2013
Foo wrote:
My business has seen steady growth since a restructure in recent years , and Ive been at odds as to why so many people have become so negative. I always ask people if they're busy , and they all say yeah , and doing heaps. A few have not adjusted too well since the crash , but those who read the signs , and made the right adjustments , are going pretty good. I talked to a guy last week , who was complaining about the government big time....(lol)...I asked how his business was goin', and he said " too busy , had to put another bloke on to keep up"......he then went back into the usual anti-government rant....So , unemployment is surprisingly low , our debt level is also extremely low , and our economy has continued to grow against all odds .......the media and the Liberal Party continue to tell people how bad things are , and how incompatent the government is.....they don't say why , they just keeping saying it........have Australians been conned into being a nation of tragic pessimists ?.....or will it take a massive recession , and spiralling unemployment and interest rates , to jolt people back to reality , and make them realise how bad things are when the economy really doe turn sour ?
So why then only 3 days ago did you say Australia will be in recession within 12 months?

Why did you have to restructure? Hit hard times? Economy not run smoothly for your business? Ever notice business only restructures when it's in trouble in bad economic times.
Foo

Brisbane, Australia

#4 May 20, 2013
chefboy812 wrote:
<quoted text>
So why then only 3 days ago did you say Australia will be in recession within 12 months?
Thanks for the easy question.....(lol)...For starters , if the Libs get government , the razor will come out faster than Jack Brabham....they will have a fast-track dodgy audit (probably Costello again for another $2mill), and claim that it will take years to pay "labor's debt" and we all must bear the burden...mass sackings, just like in QLD.....mass sackings in hospitals as they are sold to private enterprise.....money ripped out of healthcare.....a quick return to bad diplomatic and trade relationships across the Asian region to hamper all prospect for our export industry development......the NBN handed to Telstra on a plate , so they can export every job they can to india , as they allways do.....education funding slashed to dumb everyone down even more than they have in the last 5 years of media stupidity.....and back we go , hiding behind the skirt of mother England , to have our share of the GFC , which this Labor government had no interest in.....it will happen within 12 months of a new Liberal government....no doubt whatsoever........
Foo

Brisbane, Australia

#5 May 20, 2013
chefboy812 wrote:
<quoted text>

Why did you have to restructure? Hit hard times? Economy not run smoothly for your business? Ever notice business only restructures when it's in trouble in bad economic times.
Pre 07/08 I was negotiating some seriously good export contracts. In a space of 3 months , the US demand was non-existant.....all my customers that were dependant on the retail sector were scratching to pay their rent....it was the perfect storm...simultaniously , online sales outstripped retail 5 times faster than predicted , and the retailers drastically stocked up on el-cheapo imported crap , that had better margins than anything produced in Oz....restructuring was easy , but very slow.....years in fact. My sales and customer base are now over 90% online ...most business is these days , and that won't change....retail is all but ratshit.....I now have retailers ringing me ,wanting to stock my stuff , because the demand has returned , but I laugh at them, and tell them "money up front"...."NO wholesale prices"....." DEFINATELY NO CONSIGNMENT"....I still deal with a few shops that looked after me for years....but the rest of the bludgers can go away, and annoy someone else..........lol)

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