OzVMX Forum
Clubroom => General Discussion => Topic started by: Kenneth S (222) on October 13, 2012, 08:23:39 am
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October is usually our boom month but we would be 30% down and other people in my industry are saying similar things. How is everyone else finding it?
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Welcome to new zealand, oh wait your in OZ ,we've been F#$$ for a couple of years like it.
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I work for a large Australian company being courted by Koreans,and our Australian order intakes are definitely down.Like Asasin said above I think you guys are about to experience what we have gone/still experiencing overhere in NZ.
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Firko said we cant post about the coming down turn .
Don't misquote me Walter, I said nothing of the sort. What I keep saying and what you keep ignoring is that this is a VMX forum, not something dedicated to politics. I'm not the politically naive, head in the sand punter that you seem to think I am, I know things are crook out there, I'm a self funded retiree for fu*k sake, I watch my financial investments diminish on a weekly basis and I'm sadly watching a couple of good mates businesses go down the gurgler through no fault of their own. However, I and most of us come here to get away from the financial and political bullshit that intercedes our lives.
Try going onto a forum dedicated to politics and announce your Christmas shock absorber sale or talk about Suzuki footpegs and see how long that would last.
Jeez this shit annoys me ::)
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is auz feeling it now because china etc not buying so much steel/coal/minerals? Unzud in 4th year of slow times
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is auz feeling it now because china etc not buying so much steel/coal/minerals? Unzud in 4th year of slow times
Yer must be . Firko joinig the chorus of whinging Aussie's just confirmed it . Bloody Hell this must be an epidemic.
(posted in the general disscussion section to share with my fellow vmx enthusiasts
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Well from the deep north- just over the border in SEQ actually- things aren't too bad this month. None of us have made it to the ASA Sidecar nats though as we are trying to catch up after a lean few months during winter. The tax refund dollar has given everyone a bit to spend and they are all putting their cars back to where they need to be service wise. However we are getting some shockers in, like some that have missed 2yrs of service and are now too far gone from oil gunking up and coolant with no anti rust left to do the job. That's not to mention their suspension bushes and ball joints etc.... either. Some very big repair bills coming for them. The smart are getting it all done so things are not too bad now as I said.
Our new acquisition of a spare parts shop has had a slow start also as it supplies to many workshops similar to ours and they are all a bit off & on too. We bought it to help get me off the tools as I now have issues with elbow tendons and and the lungs are forked from cutting old exhausts off so I'll grow old and fat behind a parts counter now :D
Still, in all I can say I'm more optimistic than I've been in a while and hope that it keeps up so I can afford at least 1 more trip to Europe before the reaper gets me.
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We need a change of Guberment as much as I dislike speedo boy he will give a start of confidence back and help get the economy going again all the big coal guys in the Hunter Valley have sacked just about all the subcontractors and for first time in years jobs are thin for good tradies.
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It's fine, we've just scraped past a little iceberg but we'll be back on our way in no time - don't worry!
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Depends on where you live, up until about 12 months ago I was in the same boat as some of you describe, so the wife and I packed up the family and moved to the Kimberley. Money is no longer a conversation topic, and I haven't checked the bank balance for months.
No, we're not in the mining game, just a teacher and a nurse, we just live a blessed lifestyle, without all of the city(east coast) trappings.
The kids no longer even want McD's or any other junk food, prefer fresh caught Barra, and all their electronic devices have been gathering dust and have been replaced with fishing rods and camping gear.
Life's good here
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There are a few people on here who may even stoop low enough to put shite on you for raising a topic that falls into, heaven forbit, general discission, I aint one of them.
On a global scale compared to Greece, we're well off, just because we've reached $60B in debt, don't panic, we can handle it, we're wealthy.
Pig's arse, Labor have been a FFFFFFFFFIIIIIINNNNNGGGGG shambles.
We need to stop worrying about how we look on the world stage and start looking after our own.
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It's fine, we've just scraped past a little iceberg but we'll be back on our way in no time - don't worry!
That is what Greece said 3 years ago or so ::)
The engine room of our economy is slowing rapidly. The mining industry has been halving (yes halving) maintenance budgets and pushing spending further and further into the distance. Their revenue stream is slowing rapidly and growth projections contracting.
This has a massive knock on affect for the Government cash flow. Even Swannies, let's say inventive accounting (if he was in a public company he would be knocking out number plates by now) cannot deal with that. World's best Treasurer ::) voted by the Greece economic experts >:(
Even the floating of the Carbon floor price a few years earlier is going to knock a massive holes in the countries bottom line as they leave the subsides to the 'true believers' in place when they should be removed if the floor price drops. Buying votes did someone say?
Just so long as we get a seat on the UN Council everything will be sweet. Right ::)
Oh yes don't forget to throw open the boarders that always helps ::)
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Hey you guys I wish you'd stop all this negative talk, its almost as bad as when they tried to tell me that father christmas and the easter bunny weren't real. Its all bullshit father christmas and the easter bunny come every year and there's nothing wrong ever going to happen to the Aussie economy if you stop whinging and believe :P
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Maxvmx isnt that what the captain of the Titanic said??
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Yes, but his last words were "glug, glug, glug"
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How good is the VMX up there tho Evo?? And how many outfits do you get to a meet :D
Sounds like a great place to bring up kids.
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I have told all my girls that Australia is the promised land and when they wish to settle down it is the place to go :) The oldest 2 both live in the UK and are loving it (in their early 20s ) but my oldest has made noises about coming back here . Difficult as it is to tell them i say DONT , financially this wonderfull country ( and i still believe it is the most beautifull country on the planet ) is well and truly FUCT .
Instead of capitalising on the natural beauty and good lifestyle this country offers the sucsessive MORON governments we have had in the last 30 yrs keep bullshitting themselves and us that we are a major player and have to prop up every forking shithole country who has a disaster and then wants nothing to do with us >:(
Asians would pay squillions to visit this wonderfull country so what does our genius governments do ??? instead of attracting them as tourist and charging them accordingly they sell the forking country to them >:(
Another thing the governments here are really good at is cunningly dividing the population , they through their spin doctoring and bullshit policys make the Maori out to be the bad guy >:( Ask the average bloke in the street and he will tell you " o yeah the forking Maoris want everything ::)
The reality is that without the Maoris and the treaty of Waitangi we would have nothing left to own in this country , those C%6ts in wellington would have sold eveything to foriegn lands .
Add in the bullshit resource misssmanagment act and osh witch skyrockets the cost of everything and slows progress to a crawl and you start to understand how this wonderfull country is being seriously violated by greedy self serving C%^ts .
This country was built with hard work and common sense , now a days the former is strangled in red tape and the later is considered to be spoken by dinasours and ridiculous ::)
I despair at the younger generations who are born into this thinking and will know no different :(
Possibly the most frustrating thing is though get 10 people in a room and 9 of them will agree that most of what i have written above is true and that they are sick of it , yet we continue to put up with it ??? ???
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Bill,one thing that is not declining is the Auckland real estate market.
My god its insane.
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Bill,one thing that is not declining is the Auckland real estate market.
My god its insane.
Liz how many of the buyers have round eyes and speak english as a first language ::) thats what drives the market up and away from first time kiwi buyers like yourself ;)
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Yesterday it was TV3 newsman who paid $50K more than the market value in an outer suburb.
He actually had round eyes but your point is pretty much true.
We third generation NZers of any creed,cant compete with the cashed up Asians.....
Serves me right for coming back to NZ,I should have stayed in Oztralia.
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Bill,one thing that is not declining is the Auckland real estate market.
My god its insane.
Try Sydney ::). It's apparently now the second most expensive city to live in the world.
My humble little fibro cottage has risen $100 000 in value in 3 years. I feel sorry for first time home buyers.
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Bill,one thing that is not declining is the Auckland real estate market.
My god its insane.
Try Sydney ::). It's apparently now the second most expensive city to live in the world.
My humble little fibro cottage has risen $100 000 in value in 3 years. I feel sorry for first time home buyers.
Thats pretty much what lead to my departure Firko.Whilst the barrier is high over here,an equivalent suburb in Sydney would cost $300,000 plus more.
On a lowly steel mongers salary like me, thats not going to happen.
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You blokes should all be living in QLD.....the place to be......and the best/most VMX....all true. ;)
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You blokes should all be living in QLD.....the place to be......and the best/most VMX....all true. ;)
True,plus great banjo music.
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Good to see you like banjo music Liz.
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I work in a hire place and things are not as good in sunny Qld as they might tell you ,also
the music is not as good as cajun but mighty close ;D
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Liz - ha luv it ;D
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You blokes should all be living in QLD.....the place to be......and the best/most VMX....all true. ;)
Joan i have always admired your entrurprenurial side :) and you certinaly made the right move 30 yrs ago ;)
In saying that life is what you make it wherever you are ;) We must have passed at auckland airport 30 yrs ago , you going out and me coming in ;D
I love this country dearly and every morning i wake up i am gratefull to be here and for the oppurtunities this country has given me .
My frustration is as above watching this once really great country slide into decline and feeling helpless to do anything about it >:(
After 30 yrs im still not a citizen , this is through choice and my own daft protest that these days they seem to give citizenship to anyone who struggles to speak english and can be blindfolded with a bootlace but has a few quid ( and 500 cock relations ) to bring with them .
Why do we waste squillions sending our young men to fight some stinking rag heads war FFS just send more guns and ammo and let the bastards wipe each other out ;)
Rant over back to VMX ;)
Keep up Ross shes been Liz for years ;)
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Good to see you like banjo music Liz.
Is it bad to admit my favourite movie is Deliverance?
What Bill said- this place has changed for the worse,but thankgod for our great VMX scene,All Blacks and decent beer -unlike that weazel piss you poor buggars have to drink over there.
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Upon reflection ??? after taking a few pics and adding to the unfinished projects thread i realised just how good i have it ::) ok so a dollar might be a bit harder to find today and i might disagree with every goverment policy over the last 30 yrs >:(
But at the end of the day i get to wallow in my own mechanical catastrophy i have created every day ;D
I could have been born a Slope living on a bowl of rice a day and sharing my abode with 50 others , or a raghead having to dress how im told , cooking my rancid goat over a goatshit fire and shitting myself everytime i got a whiff of C4 or Semtex ;D or one of those poor bastards in africa who walk 20 miles each way each day just to get water (beats me why they dont just move closer to the river ???) or worse still a parisian living in denial that i got my arse kicked twice by the krauts and still believing that inspite of the incesant smell of dog shit i live in the greatest city in europe :o
So i will retire back into the mass of unfinished projects and probably start another one , with a glass of H2O from the tap a pizza heated in my microwave , wearing offensive t shirts with slogans about other nations / races , knowing if i get blown up its probably due to a welding accident ( or volcanic moment ) and breathing in the fresh clean air (and smell of petrol )rejoicing in the knowledge that the last time my manor was invaded was 1066 ( by you know who :P ) BECAUSE I CAN ;D
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Didn't realise so many taxi drivers were into VMX!
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Shit O Dear Bill ::) all of what u say is correct. My kids are both living the dream over here.After 47 years in my homeland I have to say that this IS the lucky country, miss NZ but dont miss bashing my head against a brick wall trying to make a dollar.Whakatane track looked real good :) :)
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I guess thats why people refer to Australia as the lucky country.
The harder you work the luckier you get
I guess that go's for both sides of the Tasman or for that matter anywhere. 8)
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Shit O Dear Bill ::) all of what u say is correct. My kids are both living the dream over here.After 47 years in my homeland I have to say that this IS the lucky country, miss NZ but dont miss bashing my head against a brick wall trying to make a dollar.Whakatane track looked real good :) :)
Good to hear from you Cooch :) mate im real pleased its working out for you and the family you over ;D this still is a great country that is unfortunatley run by a sucsession on forkwits ::)
anyway back to business ;D Whakatane was bloody awesome 8) i thought Abdul and Pete might struggle without you steering the ship but i should have known better :-[
They really pulled one out of the bag and set the bar very high for the reat of the season 8)
Abdul was modeling his new JT gear :) i think he went to the importer and asked for some gear and they pulled down the JT marquee
and put a zip in it for him ;D
The usual top quality Whakatane social followed and we ended up at the WSFC minus Abdul ??? but it was a graet event . Hope you can get back for the final :)
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More whining on here than a BOAC DC8.....
I tried to be more optimistic and carry us all out of the shit-but to no avail.
Had a great race yesterday at Coles Creek [Nice track Tatey) and reasonably busy at work today.
I will never be a millionaire but we can all get to have a wobble around now and again eh.....
NZ is the prettiest country in the world but the Aussies girls and better looking....
Haven't got that long to go in any case, so let's live it up....
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TM Bill your comments about the Gov / thieves are spot on for Tasmania , I only moved down from the main land 6 years ago but have seen such a change in the economy that it scares me . they have no bloody idea how to promote this wonderful state . I got layed off when I returned from holidays last Sept 11 (went to SA for the Nats) Being over 50 the chances of work in north west Tassie are fxxxall so I started my own transport business (under cut my last employer and took about 45% of his clients). At the end of the financial Year I had made a profit (bloody small profit ) This year is better still Im not saying that all is rosey times are bad and will get worse until our governments are replaced with people that think about Aust and New Zealand first . Thats my rant off my chest . Iain
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Across the globe, every developed economy has slowed massively - all but one shrank at some stage (guess who one didn't...).
If we think that our current government is the main - or even a significant - source of this, then you'll be VERY disappointed if/when they are replaced... Look at how the UK and Queensland have fared by moving to conservative governments... ;)
The last twenty years have seen more and more people make money through speculation - investment properties, the share market, whatever. Plenty of people made good money from this (and good on them), but I wonder if we really thought this could be sustained - that the massive increase in total wealth without a matching increase in production was anything more than a temporary illusion?
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TM Bill your comments about the Gov / thieves are spot on for Tasmania , I only moved down from the main land 6 years ago but have seen such a change in the economy that it scares me . they have no bloody idea how to promote this wonderful state . I got layed off when I returned from holidays last Sept 11 (went to SA for the Nats) Being over 50 the chances of work in north west Tassie are fxxxall so I started my own transport business (under cut my last employer and took about 45% of his clients). At the end of the financial Year I had made a profit (bloody small profit ) This year is better still Im not saying that all is rosey times are bad and will get worse until our governments are replaced with people that think about Aust and New Zealand first . Thats my rant off my chest . Iain
This is a common story that has helped F%^7 a lot of people and businesses , think you are smart undercutting you old boss to steal from him. if you perhaps just sat down with him and said heres what I could do or we could get together and keep 1 good very profitable business everyone would make more money. You now work hard and make f all and he is probably the same.Hard times need people to cooperate and create business not divide . the only people who won are the clients. you just undervalued you trade, just like every plumber and sparky who "go it alone" all you do is bring down the value of what you do which is then almost impossible to gain back it is a self fulfilling slide to bankruptcy.. I saw it in my trade domestic electronics , large companys paying well and keeping people in work were undervalued to extinction by guys saying I can do it cheaper, then the large clients would say but such and such only charges x why cant you , the reason is because the guy only has him to cover and is somehow quite happy to work a 70 hour week for the same money he ernt on wages in 40 hrs go figure? it is better to keep the price higher and keep money flowing. work smarter not harder!!!
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While i agree with you in principal i think human nature and greed kills the idea 90% of the time ???
Ian said he returned from holiday only to be laid off, I dont know how long Ians boss had been in buisness but in my experience most employers are used to having it their own way and struggle to see that a proposal from an employee could benefit both parties .
It cuts both ways too , Ians former employer could have spoken to him and said this is where were at , worst case scenario im going to have to lay you off but do you have any suggestions or capital to buy into the buisness .
The 2 biggest things in my experience that stop small buisnesses growing are pride ( i dont need anyone elses ideas or help , NIH syndrome fuct the british motorcycle industry ::)) and greed ( I dont care how good an employee he is hes still only an employee and im not paying him anymore than i have to )
For an employee its a catch 22 , do you approach the employer with your proposal and risk him using your ideas and cutting you out altogether or give him the heads up that you are looking at setting up as a competitor to him and giving him the head start to slow your fledling buisness any way he can .
I applaud Ian for having the get up and go to make a go of it himself and wish him every succsess with his buisness .
Vale read this thread last night and she said to me " theres a lot of whining on here , but that bloke Ian has got off his arse and is trying to make a difference instead of just whinging about the govmt like most of you do "
Made me think ;)
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My main thing is good on you for going into business but compete on quality or delivery ,not price, thats China's deal.
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we are trully free and all equal, and there will allways be the have's, and have nots, and good luck to Ian, after founding two major tpt companies in Aus, one being Parcel Direct, from the ground up, the only thing you need to do is give quality service first and then everything else follows. if you would like some insight, just give me a call Ian.
cheers Worms
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I started my business 31 years ago because I found out the general manager was getting $17 a week more than me a lowly site supervisor. So all these years later 5 employees,6 utes, 1 factory and busy with work it's all good.,except for UNFAIR WORK AUSTRALIA.
You try and run a business and a bloke pulls the paternity leave paid by the government twice in 14 months,and also expect to keep the phone and ute and run the internet at home via my mobile account,well he's gone!!
As an employer it's hard our way as well,it ain't all roses.I seemed to have struck a bloke who was 1 of 116 males who took up the offer of mister mum leave in a workforce of 10 million.
LET'S SEE.
Find the job to quote,quote the work,win the job,work out how to do it cos the consultant clown just out of univ hasn't been to tech,design the control panels,finance the gear,pay the wages,super,public liability,workers comp,fuel,vehicle insurance,tyres,oil and pay to service the fleet,buy more tools,ladders,,body corp fees,BAS payment,payg payment,keep your client happy,keep the builder happy,keep the blokes happy,keep your wife happy,clean the workshop,get rid of the rubbish,do the typing,read the vmx forum,check ebay,and still fit in time to work on my Bully's.
Believe it or not the Bully's are easy compared to the above,anyways they keep me sane,so just to stir the pot even more I have to go now as my mates and I (7 off) are flying to Malaysia for Moto GP.
PS.Working on the bucket list. Cheers
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sorry Bill - I have called him many things however Liz wasn't one of them ::)
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I personally like the " compared with the rest of the world we are doing well " statement.
The rest of the world [ not counting China ] are dumb as dogsh*t so that's a real feather in our caps.
The only thing keeping us going is mining exports.
Anyone see a problem with that?
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I'm right there with you Matador but thought I'd try to keep it nice :D
Most of Aust is held together by we small business owners and not the multi-nats that have all the say in Govt. Woolies and Coles are just a bunch of pricks pushing us out and the govt is falling at their feet because they think that they(woolies etc...) will rule the mobs when it all goes to shit .
As they found out in the US, if you stop the small guys from making dough, they will put off their staff and the whole cart falls over.
As for paternal leave-just don't get me started.
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After visiting China three years ago and seen what goes on there and in the old Country (UK) I can honestly say that Australasia is still the best place to bring up kids and enjoy life.We are in the middle of a financial recession and have to adjust,end of story.
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For every boom there is a bust... sure as the sun rises and sets.
That doesn't mean they are fun, but they are a challenge that adults have to face whether we like it or not.
Heads up guys, stand tall and we will all ride it out together... and in years to come I am sure we will laugh about it and how the 'younger generations' don't know how good they have got it... ;)
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Hi guys . My first answer is to Asasin , I have been in the transport industry for almost 30 years from a driver to manager of Tasmania for a National company . My last employer fired me with no notice no pay in lieu . In the 9 months I had worked for him as a driver I had brought in over 30 new clients , worked on w/ends for no pay . By under cutting him I brought the costs down to what the other transport companys are charging and Im not talking about one man shows but larger companys . Second answer to Worms , Thanks for the offer I too have worked for the big ones I started up Tasmania for PFM they are a specialist freight company ( Cat scanners, MIR's, Photo copiers and the like . At least we have our bikes to keep our thoughts of all the doom and gloom . Iain
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Although a bit off topic, I always find it interesting when people start up in business and say they are going to undercut their competition, My question is, What if they are already going broke at thier price and you are trying to do the same job for cheaper ?
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evo550 the company I under cut was charging about $4.50 more than any of the other transport companys in the area In fact Im slightly more expensive than most of my competition , What I offer is a on time guarantee or no charge . Iain
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evo550 the company I under cut was charging about $4.50 more than any of the other transport companys in the area In fact Im slightly more expensive than most of my competition , What I offer is a on time guarantee or no charge . Iain
Well done.You have it right.
I too have worked for a array of sized companies from CEO down so Understand all aspects.My initial reaction was here is another I can do it cheaper scenario which I stand corrected it is not .I have just seen too many business go to the wall on trying to get work by being cheap and lowering whole industry expectations.
This is not the time for cheaper is better.
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evo550 the company I under cut was charging about $4.50 more than any of the other transport companys in the area In fact Im slightly more expensive than most of my competition , What I offer is a on time guarantee or no charge . Iain
This is not the time for cheaper is better.
If you still have the work at the same price as always then you are either a magician or its not a recession is it ?
During the last recession (that we had to have) my father , who was a building contrator, had subies knocking down his door looking for work . My father commented that some of these guys must simply want to get out of the house with the prices they are offering.
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Wasp ....we had a guy up our end of the woods do that this week- $4 million dolllars in suit cases ;D ;D
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The banks dont like that ;) They know exactly what would happen, IF . ;)
They don't need your money,they need governments and large populations of people.If they are short they just get the government to write a check which the people have to pay back with tax's and austerity.Thats why they wont let Greece out of the EU.
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Well , that proves the point , there is fairyland and there is us . ;)
What point ? My point was that the banks don't loose ,the people do. You don't get one up on the banks by taking your money out.Money has been exiting Greece for sometime now and the banks just keep getting bailouts via the EU taxpayer and the Greeks get pounded with austerity.If Greece left the EU the millions of EU taxpayers would be nolonger obligated and there wouldn't be enough people to pay up.The central banks wont let that happen.
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I started my business 31 years ago because I found out the general manager was getting $17 a week more than me a lowly site supervisor. So all these years later 5 employees,6 utes, 1 factory and busy with work it's all good.,except for UNFAIR WORK AUSTRALIA.
You try and run a business and a bloke pulls the paternity leave paid by the government twice in 14 months,and also expect to keep the phone and ute and run the internet at home via my mobile account,well he's gone!!
As an employer it's hard our way as well,it ain't all roses.I seemed to have struck a bloke who was 1 of 116 males who took up the offer of mister mum leave in a workforce of 10 million.
LET'S SEE.
Find the job to quote,quote the work,win the job,work out how to do it cos the consultant clown just out of univ hasn't been to tech,design the control panels,finance the gear,pay the wages,super,public liability,workers comp,fuel,vehicle insurance,tyres,oil and pay to service the fleet,buy more tools,ladders,,body corp fees,BAS payment,payg payment,keep your client happy,keep the builder happy,keep the blokes happy,keep your wife happy,clean the workshop,get rid of the rubbish,do the typing,read the vmx forum,check ebay,and still fit in time to work on my Bully's.
Believe it or not the Bully's are easy compared to the above,anyways they keep me sane,so just to stir the pot even more I have to go now as my mates and I (7 off) are flying to Malaysia for Moto GP.
PS.Working on the bucket list. Cheers
Truer words have never been spoken!!!
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What point ? My point was that the banks don't loose ,the people do. You don't get one up on the banks by taking your money out.Money has been exiting Greece for sometime now and the banks just keep getting bailouts via the EU taxpayer and the Greeks get pounded with austerity.If Greece left the EU the millions of EU taxpayers would be nolonger obligated and there wouldn't be enough people to pay up.The central banks wont let that happen.
I agree that there is no end game in sight for the Greek people and they should be allowed to bankrupt and restructure. Remain in the EU but dump the Euro, it is the single currency experiment that will forever cause EU state economies to fail.
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The point I made is . If we all took out the money at the same time , it would show that only a small portion of global wealth really does exist . The rest is just I owe yous on I owe you . When that bubble can be deflated , the world has a real chance to become a better place .
Yeah but people don't generally enjoy the process of deflating the bubble, and I am not convinced it would become a better place, the fact is short of returning to the barter system we are stuck with a system of IOU's, for me the key issue is whether they are under written by real equity like property or the gold standard or we treat debt as equity like bond trading.
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The closer we get to a barter system again , the lesser are the chances to get diddled with dud funds , futures ,hedge funds and similar scams that are nothing else but hot air . They can only exist as long as we believe in it .
I totally agree. I'll swap you a Suzuki TS90 (in need of restoration), a Magura 314 throttle in OK condition, a NOS pair of rare black Oury grips and a pair of Royal Enfield motocross 5" rise handle bars for a set of Z 362 TR shocks 345mm long. Is that OK with you Walter?....The revolution must start somewhere so why not here and now! 8)
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You are on the right track perhaps a bit to extreme
Extreme? hardly Walt. The whole idea of bartering is for me to swap something I've got for something you've got or for a service you provide. I don't happen to have 24oz of silver at hand to swap so your silver for shocks deal is little different to me giving you $899 in Aussie currency as I'd have to purchase the silver for $899 from a silver merchant. The silver or gold standard shouldn't come into it. ;)
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You're making yourself look like a dick Walter (again).... ::)
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Well , that proves the point , there is fairyland and there is us . ;)
The point I made is . If we all took out the money at the same time , it would show that only a small portion of global wealth really does exist . The rest is just I owe yous on I owe you . When that bubble can be deflated , the world has a real chance to become a better place .
Yes point taken , that only about 10% actually exists in real money. My point was that this is of no consequence to the current central banking system and thats not going to change as long as the banks own goverments ,police and military. The example is Greece where after the initial rush to invest once it was in the EU everybody saw different and pulled the money out leaving bailouts and debt that the greeks have to pay back to the banks .The bubble didnt deflate , the Greeks just lost there sovereignty and everything else to the banks.
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Southern European and Slavic peoples are probably the most experienced at bartering BTW. Isn't saving them at this stage.
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Mark you didnt read my post correctly . 24 ounces will cost you right now $796.80, but you are getting a product that has a value of $899.
And I'd like to suggest that you didn't read my post properly either. Swapping silver for a set of shocks is simple commerce, not barter.
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Mark you didnt read my post correctly . 24 ounces will cost you right now $796.80, but you are getting a product that has a value of $899.
And I'd like to suggest that you didn't read my post properly either. Swapping silver for a set of shocks is simple commerce, not barter.
He was offering you a discount , not exactly batter , except he would end up with your silver without anyone knowing about it, it would still be registered as yours. Sneaky bugger.
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Southern European and Slavic peoples are probably the most experienced at battering BTW. Isn't saving them at this stage.
You might want to change that to "bartering" and not battering ... unless you want to get a whole nation offside ;D
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The dictionary definitions of the word barter are....To trade goods or services without the exchange of money.v.tr. Online dictionary
to trade by exchanging one commodity for another ....Websters
exchange (goods or services) for other goods or services without using money: Oxford
Exchanging silver is not bartering unless I have the silver to exchange. In this case I'd have to purchase the silver to make the transaction which immediately contradicts the concept of bartering. I think my TS90, throttle, grips and handlebars swap for the shocks is more in keeping with the true definition of bartering.
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Bloody Auzy banks own all but one bank here in Unzud and stick it to you with there fees and huge annual profits.Just sit here and watch my silver prices rise and banks can go to hell
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Southern European and Slavic peoples are probably the most experienced at battering BTW. Isn't saving them at this stage.
You might want to change that to "bartering" and not battering ... unless you want to get a whole nation offside ;D
thanks. :o
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NOPE I like the battering idea me self-might even go down the bank and give it a go. :)
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The closer we get to a barter system again , the lesser are the chances to get diddled with dud funds , futures ,hedge funds and similar scams that are nothing else but hot air . They can only exist as long as we believe in it .
Sorry Walter ,looks like they are onto it .
http://www.youtube.com/watch?v=21wEQIpZO-I&feature=g-all-u
watch the first interview ( 10min)
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Barter is old hat Walter.
I thought you would be up on this: http://www.youtube.com/watch?v=f6uuAupT4AQ (http://www.youtube.com/watch?v=f6uuAupT4AQ)