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[erolz66]

I challenge you to find an OECD economy that has outstripped Australian growth since 1988

Source https://data.worldbank.org/

Average GDP growth between 1988 and 2018 (last year they have figures for)

Australia 3.18%
Ireland 5.64%

Next.

[erolz66]

Ill throw in one more for you Poland 1991-2018 (again what the world bank has figures for) - 3.78 %

Let's look at Poland pre joining the EU 1991-2002 - 3.443% . Post EU membership 2003-2018 - 3.91%

[Paphitis]

Ill throw in one more for you Poland 1991-2018 (again what the world bank has figures for) - 3.78 %

Let's look at Poland pre joining the EU 1991-2002 - 3.443% . Post EU membership 2003-2018 - 3.91%

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

Picking countries like Ireland or Poland just isn't a reasonable comparison. I bet you had to dig real deep for that one, but I don't consider it a valid comparison. Same when comparing to micro states like Malta, Cyprus, Luxembourg, Iceland (who also have been doing very well), and so on. Comparisons with countries like Bulgaria, Kazakhstan, Cameroon, China, Vietnam, Turkey also not valid imo. You need to use some common sense and be realistic here and not draw a straw man argument.

Just like comparing Australia to Greece or even Turkey. Turkey can at times beat Australian growth just like Kazakhstan can. Greece for instance, as I said earlier, had a fantastic year of growth. But as we also know, there is always a bounce after a collapse, they still have a long way to go just to get back to where they were in 2007. Unfair to compare to Greece, and I hope they continue to grow after the COVID 19 crisis and beat Australia 2 fold for the sake of the Greek People. Greece is an amazing country and the people need a break.

In the end, I hope the whole world grows and this isn't really a competition. As far as Australia is concerned, when other economies do well, then we also do better because it drives demand for our commodities and that is what we want. In times like these, the whole world is doing badly and so will we. However, we are in a stronger position to weather the storm because after 30 years of growth and because we have a AAA Credit rating and our Government is flush with funds and we also have an Emergency Fund for times like these just like Norway does. We have been saving money for exactly these types of scenarios. We call it the Commonwealth Future Fund, and it is one of the largest sovereign funds in the world.

https://www.futurefund.gov.au/

So our Government can announce what they call stimulus spending to protect business. It has announced a 19 Billion dollar stimulus package and they may even double it or triple it as the current situation evolves.

They have already handed over 150 million to our National carrier QANTAS to ensure they can survive. They will disperse funds like this to other corporates, to welfare, and into other programs to ensure there is enough money out there for people to survive the rough ride ahead. They also plan to fund small and medium sized enterprise who employ people and who can't afford to pay workers who may need to self isolate and leaving these businesses with no money to pay them.

Our Government has been very frank with people and has admitted that the country is headed towards a recession. They said it is a 100% certainty and that the next 12 months are going to be extremely rough for everyone in our country. They are calling it a matter of survival now. So imagine what disaster awaits certain countries in the Eurozone and Asia. Imagine Greece, Spain, Italy, Turkey and others like them.

It's always a massive privilege living in Australia and I sincerely hope that all other countries around the world can dig deep and also pull through this as mush as possible.

In the end though, Australia is going to be fine. When the crisis is over, every country will be falling over themselves to buy our commodities which for us is free money or a license to print money to our hearts content. demand for our commodities will always outstrip demand for luxury cars like Mercedes and BMW. Not many countries in that position.

Making sweeping statements such as blaming BREXIT for the latest fall in the GBP, is extremely disingenuous and I question the motives of any individual who does that.

[erolz66]

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

No matter how much you move the goal posts or resort to your other standard tactic when shown to be wrong of waffling on with reams of nonsense, you still remain a dick head

Korea - 5.39%
New Zealand 4.13 %
Singapore 6.23%

Next.

[Paphitis]

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

No matter how much you move the goal posts or resort to your other standard tactic when shown to be wrong of waffling on with reams of nonsense, you still remain a dick head

Korea - 5.39%
New Zealand 4.13 %
Singapore 6.23%

Next.

I never moved the goalposts. I mentioned developed economies.

The above 3 are developed economies and valid comparisons. However, you have provided a percentage but you did not provide a year or time period and those figures are as a result, meaningless.

If you want to compare to the above 3. you should provide their growth figures over at least a 10 year period and define the parameters.

Let me give you a clue. The only country out of the above 3 that has grown faster than Australia between 1960 and 2020, is Singapore.

So well done! You found a city that beats Australia, because of their massive growth in the 80s whilst they were developing, including a year where their GDP grew by a massive 28% in one year.

Korea and NZ, are way behind however.

[erolz66]

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

No matter how much you move the goal posts or resort to your other standard tactic when shown to be wrong of waffling on with reams of nonsense, you still remain a dick head

Korea - 5.39%
New Zealand 4.13 %
Singapore 6.23%

Next.

I never moved the goalposts. I mentioned developed economies.

The above 3 are developed economies and valid comparisons. However, you have provided a percentage but you did not provide a year or time period and those figures are as a result, meaningless.

If you want to compare to the above 3. you should provide their growth figures over at least a 10 year period and define the parameters.

You issued the challenge. You chose the time period (1988- onward). You then even limited the number of countries to the ones you consider 'developed economies' (like Ireland has not had a developed economy since 1988) and you are STILL wrong.

Those figures ARE the average from the world banks data for the period 1988-2018 (last year they currently have figures for).

Dickhead.

Next.

[Paphitis]

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

No matter how much you move the goal posts or resort to your other standard tactic when shown to be wrong of waffling on with reams of nonsense, you still remain a dick head

Korea - 5.39%
New Zealand 4.13 %
Singapore 6.23%

Next.

I never moved the goalposts. I mentioned developed economies.

The above 3 are developed economies and valid comparisons. However, you have provided a percentage but you did not provide a year or time period and those figures are as a result, meaningless.

If you want to compare to the above 3. you should provide their growth figures over at least a 10 year period and define the parameters.

You issued the challenge. You chose the time period (1988- onward). You then even limited the number of countries to the ones you consider 'developed economies' (like Ireland has not had a developed economy since 1988) and you are STILL wrong.

Those figures ARE the average from the world banks data for the period 1988-2018 (last year they currently have figures for).

Dickhead.

Next.

Fine, give me the figures from 1988 and onwards and include till 2020 thanks since the data is available.

And also provide a link.

And right back at ya you disgusting poor excuse for a human being.

[erolz66]

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

No matter how much you move the goal posts or resort to your other standard tactic when shown to be wrong of waffling on with reams of nonsense, you still remain a dick head

Korea - 5.39%
New Zealand 4.13 %
Singapore 6.23%

Next.

I never moved the goalposts. I mentioned developed economies.

The above 3 are developed economies and valid comparisons. However, you have provided a percentage but you did not provide a year or time period and those figures are as a result, meaningless.

If you want to compare to the above 3. you should provide their growth figures over at least a 10 year period and define the parameters.

You issued the challenge. You chose the time period (1988- onward). You then even limited the number of countries to the ones you consider 'developed economies' (like Ireland has not had a developed economy since 1988) and you are STILL wrong.

Those figures ARE the average from the world banks data for the period 1988-2018 (last year they currently have figures for).

Dickhead.

Next.

Fine, give me the figures from 1988 and onwards.

IAnd also provide a link.

I gave you the source already. The world bank. Here is the link https://data.worldbank.org/indicator/NY ... start=1988. Download the data. Put in a spreadsheet. Create the average for the country you want and the time period you want. I did all this in minutes but am having to walk you through it like you are a child. If you do that for countries YOU chose like NZ and Korea for the period YOU chose (1988 onward) you get the figures I have ALREADY given you.

Dickhead. Next.

[Paphitis]

As I told you, you will always find countries that perform well especially when coming from a low base, or they are in their development phase.

Australian GDP is 1.89 trillion. It's one of the most advanced economies in the world. Hence you should compare to countries like UK, France, Germany, Italy, US, Canada, Switzerland, Sweden, Denmark, Finland, Austria, NZ, Singapore and such like. there are many more you can choose too, like Japan, Taiwan, Korea etc etc.

No matter how much you move the goal posts or resort to your other standard tactic when shown to be wrong of waffling on with reams of nonsense, you still remain a dick head

Korea - 5.39%
New Zealand 4.13 %
Singapore 6.23%

Next.

I never moved the goalposts. I mentioned developed economies.

The above 3 are developed economies and valid comparisons. However, you have provided a percentage but you did not provide a year or time period and those figures are as a result, meaningless.

If you want to compare to the above 3. you should provide their growth figures over at least a 10 year period and define the parameters.

You issued the challenge. You chose the time period (1988- onward). You then even limited the number of countries to the ones you consider 'developed economies' (like Ireland has not had a developed economy since 1988) and you are STILL wrong.

Those figures ARE the average from the world banks data for the period 1988-2018 (last year they currently have figures for).

Dickhead.

Next.

Fine, give me the figures from 1988 and onwards.

IAnd also provide a link.

I gave you the source already. The world bank. Here is the link https://data.worldbank.org/indicator/NY ... start=1988. Download the data. Put in a spreadsheet. Create the average for the country you want and the time period you want. I did all this in minutes but am having to walk you through it like you are a child. If you do that for countries YOU chose like NZ and Korea for the period YOU chose (1988 onward) you get the figures I have ALREADY given you.

Dickhead. Next.

Sorry but I have already done that but I am using data from 1960 to 2020.

And none of these countries have outstripped Australian Growth apart from Singapore.

https://tradingeconomics.com/new-zealand/gdp-growth

https://tradingeconomics.com/south-korea/gdp-growth

https://tradingeconomics.com/singapore/gdp-growth

https://tradingeconomics.com/australia/gdp-growth

Idiot!

[erolz66]

Sorry but I have already done that but I am using data from 1960 to 2020.

I challenge you to find an OECD economy that has outstripped Australian growth since 1988

Dickhead.

And for the record even if you change the period (again) to 1961-2018 using world bank data South Korea still comes out at 7.35%

Next.