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[VisualPolitik] Why is there no crisis in Australia?

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Ajay Alcos
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[VisualPolitik] Why is there no crisis in Australia?



An interesting video which highlights some of the ways and means that Australia has pursued to maintain its prosperity and the level of its economic development. What do you guys think and what policies do you believe other countries can take and emulate from the land Down Under.

This post was last modified: 30.05.2017 10:35 by Ajay Alcos.

29.05.2017 16:34
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Hilder
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Wink  RE: [VisualPolitik] Why is there no crisis in Australia?

The main policy - not to seat on the oil faucet Smile

26.09.2017 22:12
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cloudsky01
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Vogelstein
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RE: [VisualPolitik] Why is there no crisis in Australia?

Australia has benefitted hugely from its relationship with China and its proximity to Asia. China is the largest importer of Australian coal and iron ore, and the export of Australian education services to Asia has also been very large. Part of the reason Australia largely avoided the effects of the Global Financial Crisis was because of its trade relations with China, which kept the country afloat (alongside hefty government stimulus spending).

The superannuation scheme and currency reforms in the 1980s were certainly beneficial to the Australian economy. Australia also has a comprehensive mixed healthcare system, which is funded by the government, but care can be improved by investing in private health as well. Australia also has "free" tertiary education, in which students accumulate an interest-free debt over their time studying which is automatically repaid in small increments once a person earns over a certain income. This has made higher-level education highly accessible to Australians.

These policies have been good in many ways, but they aren't without criticism. Australia isn't quite as perfect as the video makes it sound, but, as an Australian, I can say that it's a good place to live Big Grin


Grüße aus Australien.
27.09.2017 01:28
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CommieScum
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RE: [VisualPolitik] Why is there no crisis in Australia?

Ajay Alcos Wrote:


An interesting video which highlights some of the ways and means that Australia has pursued to maintain its prosperity and the level of its economic development. What do you guys think and what policies do you believe other countries can take and emulate from the land Down Under.


Principally, Australia has a stout free market and has robust trade agreements with factions that habitually do not. This has allowed protracted opulence; Social Democrat officious interventionist doctrines have typically not destabilized the Australian economy, despite of the historical precedent of the contrary. Emulating the principle is arduous, because Social Democrats habitually have durable factions in western republics, via a complex network of robust propaganda, terrorist, and union complexes premeditated to perpetuate and propagate their authority. However, to emulate the Free Market principle is to create boundless opulence; to obtain the principle in their peculiar motherlands, Free Market Capitalists must chip away against the Social Democrat - Socialist coalition(s).

This post was last modified: 06.10.2017 16:28 by CommieScum.

06.10.2017 16:15
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