9
Mar

Well I received my stimulus package from my boss today. A recession buster pay rise! Couple that with the Rudd Government package we’ll be receiving in the coming months and I’m all set to save the world from the wretched bankers who have fucked it all up. It’ll all come down to average Joe and his Mrs to pull us out of the total financial disaster the bankers have rewarded us with, for all the exorbitant fees and charges we’ve so apathetically handed over for the honour of remaining in perpetual debt. I’m rather sceptical about all the stimulus handouts, so we get $900 cash to spend on some more excess and it will do what exactly?

For one weekend all the stock will be cleared from Hardly Normal and JB HI-FI, then what? We’ll be back to square one. Sure the stock will have to be ordered in again and China will clear out a couple million LCD’s from their warehouse stock but it’s hardly going to demand Chinese Manufacturer’s to jump with joy and frantically plan for more plants to be built. So one can only wonder if this new cure all word “Stimulus” is going to simulate anything more than cynicism.

Of course the voter buying potential is more than enough incentive for Government handouts but lets get a little real and just acknowledge the fact that we’re screwed regardless. Unless the ones that fucked us over in the first place are prepared to unloosen their purse strings then a Kevin37 is just window dressing to appease the masses from total upheaval when the shit really hits the fan.

The banks are the only entity that can stop the collapse – they created the mess and until they become willing to hand out more debt then no more money will be available and the big boys who drive the economy rely on credit to get things moving. When they are cashed up and ready to invest in the building of some multi million/billion dollar infrastructure and the steel mills are pumping out processed iron ore by the mega tonne then Average Joe feels all safe and sound with his accumulating debt – the economy grows. But since the bankers have no fucking idea who they can trust, they tighten their arses tighter than a frogs so X Construction can’t get the few million to buy next weeks concrete. It just stops. Then Average Joe gets nervous, his job is going out the door along with the trip down to Chong’s Chinese family dinner on Friday night let alone that new Home Theatre package at Harvey’s. The Chinese get worried and cut back and so it goes…. no more natural resources are needed…. so our mining goes out the door with the over priced rentals in WA. Down it all goes. So is $900 going to save us from being sucked down into the abyss that the Banks have opened up for us?

So we wait. That’s all we can do. Wait for the Pin Stripe suit brigade to clean out the cupboards and await for the return of their enthusiasm to print money to begin anew.

Category : Rants

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