Queensland treasury corporation
western australian treasury corporation
south australian? treasury corporation
nsw treasury corporation
have a look at the annual reports its a who’s who of who owes what
Fuck off Wookie for gods sake..
Dropbear said:
Fuck off Wookie for gods sake..
fuck off yourself
we can’t all pick over animal scats and examine rocks for entertainment
its called using your brain
Wookie do you know what it means for a company to be high leveraged?
It is not unusual for companies to take on extra debts to allow a greater return on equity.
No Googling for me. I refuse.
Witty Rejoinder said:
Wookie do you know what it means for a company to be high leveraged?It is not unusual for companies to take on extra debts to allow a greater return on equity.
the end user has to bear this high leverage
exactly how long will it take to pay off this leveraging?
long after the people who took the loans in the first place have gone and have taken their golden handshake i bet
The world seems to be a bit over rolling over debt, once a few more billions vanish and the books balanced, my stocks of tinned salmon gone we might learn to live as a society a bit more within our means. That usually means life back to nasty brutish and short which is the rub.
I was musing the other day that the State Government should perhaps delve into its coffers and get a bridge built over the Yarra River so suburbs like Williamstown, Footscray, Yarraville, Altona and Werribee could find easier access into the city.
Thankfully one of the lads at the club caught me out, gave me a quick cuff across the back of the head, and then offered a 30 year old scotch as a matter of recompense. “The Western suburbs, he chided me quietly”, in a scoffing manner.
Wookie imagine if you lived in Greece.
You might be the leader of a new party.
brett said:
Wookie imagine if you lived in Greece.You might be the leader of a new party.
don’t get me started on greece
those half wits
you can’t get any decent food there if your life depended on it
sparta had a decent pizza place but “goodies” is the best you’ll get i’m afraid
getting out the eurozone will be the best thing that ever happened to them, it wasn’t a bad place until the EU got hold of it
Skunkworks said:
The world seems to be a bit over rolling over debt, once a few more billions vanish and the books balanced, my stocks of tinned salmon gone we might learn to live as a society a bit more within our means. That usually means life back to nasty brutish and short which is the rub.
I see little between the above and those like rapture ready who predict the end of the world.
To be honest I find it quite incredulous that apparently educated people think this way.
I’ll say it now, even if worst comes to worst and the eurozone comes apart, in 10 years things will be back to normal.
Witty Rejoinder said:
I’ll say it now, even if worst comes to worst and the eurozone comes apart, in 10 years things will be back to normal.
Probably less, once the money has evaporated it is hard to get back but some lessons will be learned…for a while. How is Iceland going now?
>How is Iceland going now?
Actually quite well from the reading I’ve done on the matter.
sibeen said:
>How is Iceland going now?Actually quite well from the reading I’ve done on the matter.
I think Argentina? recovered nicely as well once it defaulted on its debts. Bit like a person declaring bankruptcy, bit harder to get a loan, but you aint paying out money from a non existent treasury.
I was reading about the Turks, more than one Sultan was forced to literally sell the crown jewels and curtains, the treasury being an empty room. People loan money they expect it back.
sibeen said:
>How is Iceland going now?Actually quite well from the reading I’ve done on the matter.
bullshit
The Government will raise electricity prices by 3.5 per cent, in line with inflation, lower than the predicted five per cent. The cost of water will also increase by six per cent. …
Mr Porter says from 1 October this year, the approximately 350,000 WA households with a relevant concession card, will be eligible for payment of $200 off their electricity bill.
The Treasurer says about one third of households in the state will be eligible for the Cost of Living Assistance payment. The Government has set aside $286 million over four years to cover the cost of the payments.
A total $11.7 million has been allocated to the Hardship Utilities Grant Scheme to help those struggling to pay utility bills. That is up from the $7.6 million allocated previously.
The seniors cost of living rebate will increase from $100 a year for singles and $150 for couples to $155.25 and $232.90 respectively.
http://www.abc.net.au/news/2012-05-17/electricity-concessions-in-wa-budget/4017792?section=business
when you take hige loans someone has to pay them back, just don’t take the loans in the first place
what has happened is that “managers” have taken loans that they know can never be paid off in their time with the company – to justify their wage increases they take a loan to make sure everything seems rosy when in fact it has never been worse.
the loans keep being taken until the wheels fall off and everyone acts surprised that never eneding debt causes economic crashes