Don Dunstan's horoscope for 2020 - with bonus holiday fun-page

 
  don_dunstan Minister for Railways

Location: Adelaide proud
As per my discussion with Valvegear let's have a stab @ trying to predict the future year. I thought we could also discuss holiday books (if anyone else wants to share!).

Let's start with predictions for 2020:
  • Interest rates was the one thing I got right this year, down to a record post-war low 0.75% official RBA setting. That set a huge explosion off under the Melbourne and Sydney residential property markets and they've subsequently (in 9 months) completely erased the losses they made in the previous two years. That tells you 1/ It's a very volatile market. 2/ It's highly dependent on favorable government policy particularly very low interest rate settings.
  • I've got an inkling the RBA will cut at least one more time but given the cuts have exclusively benefited the big two cities real estate markets (and nothing else) they may feel there's nothing more they can do with that rather blunt interest rate policy.
  • I have no clue at all who the Democrats will run with against Trump, I guess it depends on how the impeachment goes. I don't think it will be Hillary and I also don't think it will be Joe Biden. I'm going to go out on a limb here and say Trump will be re-elected President in November.
  • ScoMo and Josh will have to find ways to stimulate the economy other than the $1050 tax cut they gave Australia this year; retail in particular is feeling the pinch. Aussies aren't spending, I don't think this will change and the signs are pointing to recession ie GST take falling dramatically, car sales down 10% year-on-year. Can ScoMo and Josh pull something out of the hat?
  • Everyone forgets that ScoMo is only a few by-elections away from a no-confidence motion (or maybe even some people defect to the cross-benches?). The Federal LNP probably has their own share of Aldi bags stuffed with cash, maybe that will come out this year!
  • I'm hoping we have lots of rain in 2020 but its up to Barnaby Joyce's invisible sky fairy.
  • Personally I'm going to resolve to have more fun and stop and smell the roses.

Books-wise I've found an op shop book about Julia Gillard's disastrous political rein re-invented to blame the Rudd/Carr factions called The Stalking of Julia Gillard by Kerry-Anne Walsh (2014), can't wait to read all about how Julia was a victim of someone else's vendetta and not her own spendthrift incompetence.

Also someone with a sense of humor gave me Bob Carr's Diary of a Foreign Minister, also from 2014. I opened it to a random page and it said (no joke):

Any time with Hillary is like champagne, pure quality... (p.215)

Yuck, get a room you two! I can't wait be lectured on from the pulpit by him on why the world should be like he wants it, reading that book will fill me joy...

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  7334 Chief Commissioner

Location: In the workshop wondering why I started 7334 in the first place
As per my discussion with Valvegear let's have a stab @ trying to predict the future year. I thought we could also discuss holiday books (if anyone else wants to share!).

Let's start with predictions for 2020:
  • Interest rates was the one thing I got right this year, down to a record post-war low 0.75% official RBA setting. That set a huge explosion off under the Melbourne and Sydney residential property markets and they've subsequently (in 9 months) completely erased the losses they made in the previous two years. That tells you 1/ It's a very volatile market. 2/ It's highly dependent on favorable government policy particularly very low interest rate settings.
  • I've got an inkling the RBA will cut at least one more time but given the cuts have exclusively benefited the big two cities real estate markets (and nothing else) they may feel there's nothing more they can do with that rather blunt interest rate policy.
  • I have no clue at all who the Democrats will run with against Trump, I guess it depends on how the impeachment goes. I don't think it will be Hillary and I also don't think it will be Joe Biden. I'm going to go out on a limb here and say Trump will be re-elected President in November.
  • ScoMo and Josh will have to find ways to stimulate the economy other than the $1050 tax cut they gave Australia this year; retail in particular is feeling the pinch. Aussies aren't spending, I don't think this will change and the signs are pointing to recession ie GST take falling dramatically, car sales down 10% year-on-year. Can ScoMo and Josh pull something out of the hat?
  • Everyone forgets that ScoMo is only a few by-elections away from a no-confidence motion (or maybe even some people defect to the cross-benches?). The Federal LNP probably has their own share of Aldi bags stuffed with cash, maybe that will come out this year!
  • I'm hoping we have lots of rain in 2020 but its up to Barnaby Joyce's invisible sky fairy.
  • Personally I'm going to resolve to have more fun and stop and smell the roses.

Books-wise I've found an op shop book about Julia Gillard's disastrous political rein re-invented to blame the Rudd/Carr factions called The Stalking of Julia Gillard by Kerry-Anne Walsh (2014), can't wait to read all about how Julia was a victim of someone else's vendetta and not her own spendthrift incompetence.

Also someone with a sense of humor gave me Bob Carr's Diary of a Foreign Minister, also from 2014. I opened it to a random page and it said (no joke):

Any time with Hillary is like champagne, pure quality... (p.215)

Yuck, get a room you two! I can't wait be lectured on from the pulpit by him on why the world should be like he wants it, reading that book will fill me joy...
don_dunstan
My Take:



2. is probably right but so is Don's comment.  They may do it but only because it is the only ammunition they have left, not because it is going to do any good mainly because of 4. which is also right.



3. is probably right although I would personally rather see Trump rub Hilary’s nose in the muck a second time than anyone else’s for a first time.  Neither result is ideal.



5. is more a statement of fact, whether the muck starts flying is another matter.



I will add an 8. – One of the Greens (or all of them) get a bad case of haemorrhoids and blame climate change.  It is about the only thing they have not tried to pin on it so far but give them time!



Happy 2020 from 7334
  james.au Chief Commissioner

Location: Sydney, NSW
  • ScoMo and Josh will have to find ways to stimulate the economy other than the $1050 tax cut they gave Australia this year; retail in particular is feeling the pinch. Aussies aren't spending, I don't think this will change and the signs are pointing to recession ie GST take falling dramatically, car sales down 10% year-on-year. Can ScoMo and Josh pull something out of the hat?
don_dunstan
Just on this, does anyone else think that government pushing for no debt, pay back the debt, no deficits, debt is bad sort of approach might have leeched into the minds of the general public, and instead of spending on what they think might be discretionary items, theyre following the government creed of saving/paying back debt?

Also, not sure how much consumer spending is required given the consumer spending over the last 10-15 years - there would be a lot of life left in all the flat screen TVs we have bought....
  justapassenger Chief Commissioner

Also, not sure how much consumer spending is required given the consumer spending over the last 10-15 years - there would be a lot of life left in all the flat screen TVs we have bought....
james.au
The flat screen TVs from the 2009 stimulus have mostly been replaced 2-3 times by now. People generally bought cheap ones with a two year life in them and would treat anything more as a bonus.

To get people buying high end electronics again, the premium brands need to do a better job of standing behind their products. Offer a five or even seven year warranty like Hyundai did to claw their way into the top car manufacturers.
  7334 Chief Commissioner

Location: In the workshop wondering why I started 7334 in the first place
  • ScoMo and Josh will have to find ways to stimulate the economy other than the $1050 tax cut they gave Australia this year; retail in particular is feeling the pinch. Aussies aren't spending, I don't think this will change and the signs are pointing to recession ie GST take falling dramatically, car sales down 10% year-on-year. Can ScoMo and Josh pull something out of the hat?
Just on this, does anyone else think that government pushing for no debt, pay back the debt, no deficits, debt is bad sort of approach might have leeched into the minds of the general public, and instead of spending on what they think might be discretionary items, theyre following the government creed of saving/paying back debt?

Also, not sure how much consumer spending is required given the consumer spending over the last 10-15 years - there would be a lot of life left in all the flat screen TVs we have bought....
james.au
I don't think people are following a lead from the government, they are reacting to their financial situation.

They are not getting big pay rises while the cost of living is rising faster than the pay rises they are receiving.

Put that in the mixer with the fact that many people are in debt up to their ears and struggling even with historically low interest rates (which will not last forever although they will not rise in the near future) and you get a mindset that saving / reducing debt might just be the way to go.
  nswtrains Chief Commissioner

As per my discussion with Valvegear let's have a stab @ trying to predict the future year. I thought we could also discuss holiday books (if anyone else wants to share!).

Let's start with predictions for 2020:
  • Interest rates was the one thing I got right this year, down to a record post-war low 0.75% official RBA setting. That set a huge explosion off under the Melbourne and Sydney residential property markets and they've subsequently (in 9 months) completely erased the losses they made in the previous two years. That tells you 1/ It's a very volatile market. 2/ It's highly dependent on favorable government policy particularly very low interest rate settings.
  • I've got an inkling the RBA will cut at least one more time but given the cuts have exclusively benefited the big two cities real estate markets (and nothing else) they may feel there's nothing more they can do with that rather blunt interest rate policy.
  • I have no clue at all who the Democrats will run with against Trump, I guess it depends on how the impeachment goes. I don't think it will be Hillary and I also don't think it will be Joe Biden. I'm going to go out on a limb here and say Trump will be re-elected President in November.
  • ScoMo and Josh will have to find ways to stimulate the economy other than the $1050 tax cut they gave Australia this year; retail in particular is feeling the pinch. Aussies aren't spending, I don't think this will change and the signs are pointing to recession ie GST take falling dramatically, car sales down 10% year-on-year. Can ScoMo and Josh pull something out of the hat?
  • Everyone forgets that ScoMo is only a few by-elections away from a no-confidence motion (or maybe even some people defect to the cross-benches?). The Federal LNP probably has their own share of Aldi bags stuffed with cash, maybe that will come out this year!
  • I'm hoping we have lots of rain in 2020 but its up to Barnaby Joyce's invisible sky fairy.
  • Personally I'm going to resolve to have more fun and stop and smell the roses.

Books-wise I've found an op shop book about Julia Gillard's disastrous political rein re-invented to blame the Rudd/Carr factions called The Stalking of Julia Gillard by Kerry-Anne Walsh (2014), can't wait to read all about how Julia was a victim of someone else's vendetta and not her own spendthrift incompetence.

Also someone with a sense of humor gave me Bob Carr's Diary of a Foreign Minister, also from 2014. I opened it to a random page and it said (no joke):

Any time with Hillary is like champagne, pure quality... (p.215)

Yuck, get a room you two! I can't wait be lectured on from the pulpit by him on why the world should be like he wants it, reading that book will fill me joy...
My Take:



2. is probably right but so is Don's comment.  They may do it but only because it is the only ammunition they have left, not because it is going to do any good mainly because of 4. which is also right.



3. is probably right although I would personally rather see Trump rub Hilary’s nose in the muck a second time than anyone else’s for a first time.  Neither result is ideal.



5. is more a statement of fact, whether the muck starts flying is another matter.



I will add an 8. – One of the Greens (or all of them) get a bad case of haemorrhoids and blame climate change.  It is about the only thing they have not tried to pin on it so far but give them time!



Happy 2020 from 7334
7334
You and Don are so erudite. Not.
  Carnot Chief Commissioner

I have a theory that a lot of money is being blown on subscription services (like Netflix, Stan, Disney+), Takeaway food delivery (Uber Eats etc), and in the tax-evading cash for tradie jobs.

As for Don's predictions, I reckon by-elections are forthcoming for several Federal politicians of all stripes due to corruption, Twitter fails, or sudden resignations...
  Carnot Chief Commissioner

I'll add another one - there are mass protests in Canberra to stop foreign interests buying up our water.
  don_dunstan Minister for Railways

Location: Adelaide proud
You and Don are so erudite. Not.
nswtrains
Happy New Year to you too, grumpy.
  7334 Chief Commissioner

Location: In the workshop wondering why I started 7334 in the first place
As per my discussion with Valvegear let's have a stab @ trying to predict the future year. I thought we could also discuss holiday books (if anyone else wants to share!).

Let's start with predictions for 2020:
  • Interest rates was the one thing I got right this year, down to a record post-war low 0.75% official RBA setting. That set a huge explosion off under the Melbourne and Sydney residential property markets and they've subsequently (in 9 months) completely erased the losses they made in the previous two years. That tells you 1/ It's a very volatile market. 2/ It's highly dependent on favorable government policy particularly very low interest rate settings.
  • I've got an inkling the RBA will cut at least one more time but given the cuts have exclusively benefited the big two cities real estate markets (and nothing else) they may feel there's nothing more they can do with that rather blunt interest rate policy.
  • I have no clue at all who the Democrats will run with against Trump, I guess it depends on how the impeachment goes. I don't think it will be Hillary and I also don't think it will be Joe Biden. I'm going to go out on a limb here and say Trump will be re-elected President in November.
  • ScoMo and Josh will have to find ways to stimulate the economy other than the $1050 tax cut they gave Australia this year; retail in particular is feeling the pinch. Aussies aren't spending, I don't think this will change and the signs are pointing to recession ie GST take falling dramatically, car sales down 10% year-on-year. Can ScoMo and Josh pull something out of the hat?
  • Everyone forgets that ScoMo is only a few by-elections away from a no-confidence motion (or maybe even some people defect to the cross-benches?). The Federal LNP probably has their own share of Aldi bags stuffed with cash, maybe that will come out this year!
  • I'm hoping we have lots of rain in 2020 but its up to Barnaby Joyce's invisible sky fairy.
  • Personally I'm going to resolve to have more fun and stop and smell the roses.

Books-wise I've found an op shop book about Julia Gillard's disastrous political rein re-invented to blame the Rudd/Carr factions called The Stalking of Julia Gillard by Kerry-Anne Walsh (2014), can't wait to read all about how Julia was a victim of someone else's vendetta and not her own spendthrift incompetence.

Also someone with a sense of humor gave me Bob Carr's Diary of a Foreign Minister, also from 2014. I opened it to a random page and it said (no joke):

Any time with Hillary is like champagne, pure quality... (p.215)

Yuck, get a room you two! I can't wait be lectured on from the pulpit by him on why the world should be like he wants it, reading that book will fill me joy...
My Take:



2. is probably right but so is Don's comment.  They may do it but only because it is the only ammunition they have left, not because it is going to do any good mainly because of 4. which is also right.



3. is probably right although I would personally rather see Trump rub Hilary’s nose in the muck a second time than anyone else’s for a first time.  Neither result is ideal.



5. is more a statement of fact, whether the muck starts flying is another matter.



I will add an 8. – One of the Greens (or all of them) get a bad case of haemorrhoids and blame climate change.  It is about the only thing they have not tried to pin on it so far but give them time!



Happy 2020 from 7334
You and Don are so erudite. Not.
nswtrains
Touch a nerve did I?
  Valvegear Dr Beeching

Location: Norda Fittazroy
Having read and re-read Don's 2020 list, I can't really make much of an argument.

  • Interest Rates; I'd give Don's prediction about 7 to 4 on.
  • Trump; yes; I think he will return. In two visits there, I have found the Americans to be fiercely patriotic; largely to the exclusion of wisdom, and Trump is a great flag-waver. (All you can really say about the Presidential election is, "may the richest man win.")
  • For ScoMo and Joshbaby, I hope that they can pull something out of the hat, but their current ideas will have to change if that's to happen. We watch and wait.
  • Aldi bags full of money? . . . will probably be found to be "within the guidelines" when everybody knows that's nonsense. The great Australian apathy would make sure that nothing ( or not much) would come of any such discovery.
  • Rain wish - not a prediction but a hope with which I concur.
  • Barnaby - getting sillier by the day. I'd like to predict that the Nats will see a small amount of common sense, realise that it's something Barnaby doesn't have, and show him the door. I'm not hanging by my thumbs.
  • I'll add one - the mighty Hawks to win the AFL Grand Final.Shocked


Let's see how it pans out in a year from now.

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