The New Place

Its not the size of the debt that counts but the ability to service the debt.

I don't know about Australia. But I notice that the US and Western Europe (especially the PIGS) have horrendous government debt. Not only are their governments not being able to save for a rainy day, they incur debt that future generations have to pay for. So I don't see any long term planning in t...

Thanks for the long and well argued reply, Neverfail. You have raised many valid points. But I will raise some points that you might have overlooked. I find the constant change of governments in the mature and mostly western democracies to be unsettling. How is it possible for you to make long term...

Doc wrote: ↑

Sat Jul 11, 2020 9:20 am

Mostly white leftist anachist mob

Well, in the TV news video of those street demonstrations I recall seeing a lot of black faces......

For those interested, the Singapore election results are as follows. The ruling PAP won 83 seats. The opposition Workers’ Party won 10 seats, nearly doubling their Parliamentary representation. I am alarmed at my fellow Singaporeans growing infatuation with Socialism. They are turning their backs o...

Calm down. Sertorio! You are right that we out here have no grudge against China but we do have a healthy sense of our own security and a burning desire to ensure our own survival indefinitely into the future. Within the past decade the PRC has demonstrated utter contempt for the rights and interet...

Within your own and my own lifespan your country Portugal was an autocracy ruled by a political strongman that many have described as a dictator. But midway along it underwent a largely peaceful people's revoltuion that propelled it into becoming a democracy. Your preference for the Beijing regime ...

Milo wrote: ↑

Fri Jul 10, 2020 8:50 am

Let's not forget that Bolton has a book to sell, and few career options with the government anymore.

Whivh does not mean that the proposal is necessarily such a bad one, Milo.

Most countries, including the US - and Australia - have recognized Taiwan as part of China. Which means that the legal and sovereign government of China in Beijing has the right to rule over Taiwan, under any modality it wishes. The US cannot try and prevent China from exerting its sovereign rights...

https://asiatimes.com/2020/07/us-should-diplomatically-recognize-taiwan-bolton/ Bolton, who served under President Donald Trump between 2018 and 2019, spoke during an online seminar on Thursday. He suggested that the current US administration could be more willing than ever to elevate the status of...