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Ponzi economics

Poor old Japan: Low unemployment, less crowded, cheaper housing - by Leith van Onselen

"For more than a decade, the Productivity Commission has debunked the common myth that immigration can overcome population ageing. [...] If Australia was truly a ‘clever’ country like Japan, it would manage population ageing by: 1) better utilising existing workers, given there is significant spare capacity in the labour market; and 2) where required resort to technological solutions. The last thing that Australia should be doing is running a mass immigration program which, as noted many times by the PC, cannot provide a long-term solution to ageing, lowers wages, and places increasing strains on infrastructure, housing and the natural environment." This article first published at https://www.macrobusiness.com.au/2017/06/poor-old-japan-low-unemployment-less-crowded-cheaper-housing/#comments

How To Shut Down An Immigration Debate

Big Australia, or big anywhere, is a contentious issue. The population ponzi scheme is a concept the public appear to find noxious. There's no votes in packing more sardines into the Australia can. Aware of this, sniveling politicians have often schemed a way to get the public to focus on their rhetoric and ignore their government's ever increasing immigration numbers. [This incisive and witty article has been republished with permission from How To Shut Down An Immigration Debate at the Idiot Tax site.]

"Growth" to alleviate our "ageing population" is Ponzi Demographics


Governments are creating a great fear of an "ageing population" and population decline.  While asylum seekers are shunted off to PNG, there are over 1000 people legally imported into Australia each day - as skilled migrants or under the family reunion scheme – to alleviate our “ageing population”.

Our cities and infrastructure are buckling under the heavy weight of population growth, to alleviate our "ageing population"! We have constant "shortages", cut backs and austerity measures due to population pressures.  Young people are at risk from being lost to unemployment, and debt, as our economy lags behind population growth.
Mug shot of Charles Ponzi (March 3, 1882 – January 18, 1949). Charles Ponzi was born in Italy and became known as a swindler for his money scheme.

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