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The US has the missile defence programme that has been argued against by Russia ever since the idea was floated. With a little bit of action under its belt against some neighbours and a wallet that gets more bloated every day because of oil sales and reserves Russia is set for a major military expansion. [...] Continue reading The new cold war begins? What an an amazing system we have. The world is crumbling around us, particularly on an environmental scale, and the only answers our politicians can come up with is throw more money at it. NZ is hoping a series of tax cuts will help people along – I guess by buying and consuming more (chinese [...] Continue reading New Zealand in Recession and the US soon to be. Blogging appears to be a bit of a social phenomenoh with all and sundry being able to put their views in the faces of others. It appears that many find some of these views intimidating and instead of coming to grips with their own inability to converse, complain bitterly that they are being bullied or [...] Continue reading Blogging and the art (or otherwise) of conversation? Chinas richest man is an Australia citizen http://www.suntech-power.com/about/board_of_directors.php He founded Suntech after leaving Australia because he asked for 1 million to continue solar research at the Uni of NSW and was knocked back. He is now a billionaire and supplies 40% of the worlds solar panels Bit more here as well http://www.treehugger.com/files/2006/11/chinas_richest.php Guess which country [...] Continue reading We are still behind In Australia energy? While the US President is sure that the course is right (but isn’t he always) the US Congress is not quite so sure. Perhaps they are all just posturing while Washington burns? Of course the taxpayer is pissed off and rightly so, they get nothing at all for the 1.5 trillion dollars except a politician’s [...] Continue reading The uncertainty is making a few very rich? US market down 3% Why? Investors (remember the ones who are making all the money and making you pay) are “concerned” that the 1.5 trillion dollar package being discussed is not enough, is not acceptable or is taking to long (your pick here) so they have forced the market down. After they forced it down [...] Continue reading They have done it again…………………. http://www.abc.net.au/news/stories/2008/09/20/2369729.htm Making money from nothing? Forcing a market down? This type of thing happens in our “financial markets” – what are we coming to? And we feel (have done) the need to prop this type of activity up, to allow it to continue in most cases, because we are scared if we don’t things might [...] Continue reading Short Selling – do we actually do this? The financial market has jumped back with the announcement that US taxpayers are about to take responsibility for the bad debts incurred by the financial market. So while the money brokers were making squillions by driving everyone into debt, they have now made a few more squillion when the market (aka the money brokers) jumped [...] Continue reading Not as bad as I thought US tax payers money at work “It could involve the creation of a government agency that would buy up the bad debt that is weighing down the financial system.” The full article is here http://www.abc.net.au/news/stories/2008/09/19/2369267.htm Basically the government might buy all the bad debts of affected organisations so that they are profitable again – I [...] Continue reading US tax payers money at work The US market jumped this morning and I guess some people made an awful lot of money? – subsidised by the tax payer of course. The rewards can be great playing the market, you don’t actually have to produce anything but if you gamble the right way you can win big time. Make money if [...] Continue reading Has the bottom been reached? Is the world as we know it coming to a rather abrupt and monetary end? The US appears to be in a bit of strife and by all looks it appears that it is going to get worse before it even begins to improve. One after one major institutions that have ridden out major events [...] Continue reading The on going saga………. The recent purchase of Toorale Station appears to have generated a mixed bag of responses. http://www.abc.net.au/news/stories/2008/09/11/2361762.htm The opposition has lost the plot (but I guess oppositions are allowed to say whatever they want as they do not really have to do anything). There are various factions arguing both sides. Personally I think it is a [...] Continue reading Toorale Station and water – Murray Darling System What is going to happen? Will Ebay and Paypal get all upset and leave Australia? Take part in some of the discussion here Probably a good a time as any just to ponder what we have come to? Geoff After removing some of the restrictions to joining this blog (and being able to contribute) it was good to see people from Romania and China join almost immediately. The world is a small place with the internet Geoff Been spending too much time at http://www.telepoint.biz/board/ discussing the whys and wherefores of life. Perhaps I should have been spending that time here? The world is moving on, Kevin Rudd has been elected and it appears that he will not be making many changes in any relevant time period. Still hoping that when all the [...] Continue reading Been a long time between drinks (again) Currently awaiting a larger shipment of 12, 20 and 30 plate heat exchangers by sea. This is my first attempt at bringing in a slightly larger order by sea rather then by Auspost I am hoping to achieve some cost benefits but as the Aus $ is falling quite sharply and the US $ has gained [...] Continue reading Heat Exchange imports |
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