Comments by "Tony Wilson" (@tonywilson4713) on "Panama Canal and Its Impact on US Trade and National Security | ANALYSIS" video.

AUSTRALIAN HERE As we got mentioned as one of the countries that has sold the rights to Ports to Chinese Companies I felt I should add to this. This all came form the Privatisation Ideology of our Economists who follow the same Chicago School economic ideology as is causing these problems all over the World. That ideology was part of what was called Reaganomics and Thatcherism in the 1980s. We called it Economic Rationalism and its now globally referred to as Neoliberal Economics or Chicago School Economics. 2 of the core ideologies of Neoliberal economics are privatisation of government assets and foreign investment. Australian economists are almost obsessed with foreign investment and will give any tax concession and any other concessions to foreign entities so long as money comes in. The problem is they never consider the money that subsequently leaves as profits. They also never consider the loss of security or soveriegnty. The sale/leasing of the Ports is in general HATED by the Australian people and it has NOTHING to do with it being Chinese. Its the simple fact we don't control our own points of entry.
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@djinn666 YEAH we could try but there's things called contracts and courts like to uphold contracts. We'd need to catch the Chinese doing something illegal (tax evasion, drug smuggling, people smuggling, whatever) or the courts will simply prevent it without a massive compensation package.
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@Hotblackdesiato4242 Its actually how I found the channel. The YT creator who recommended Sal is Ward Carroll and ex-USN Tomcat RIO
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@wgowshipping AUSTRALIAN HERE As we got mentioned as one of the countries that has sold the rights to Ports to Chinese Companies I felt I should add to this. This all came form the Privatisation Ideology of our Economists who follow the same Chicago School economic ideology as is causing these problems all over the World. That ideology was part of what was called Reaganomics and Thatcherism in the 1980s. We called it Economic Rationalism and its now globally referred to as Neoliberal Economics or Chicago School Economics. 2 of the core ideologies of Neoliberal economics are privatisation of government assets and foreign investment. Australian economists are almost obsessed with foreign investment and will give any tax concession and any other concessions to foreign entities so long as money comes in. The problem is they never consider the money that subsequently leaves as profits. They also never consider the loss of security or soveriegnty. The sale/leasing of the Ports is in general HATED by the Australian people and it has NOTHING to do with it being Chinese. Its the simple fact we don't control our own points of entry.
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@davidgoodnow269 I'm an engineer and in 2016 I found out how badly Australia's power stations were being managed and when I went to find out why I found it was ECONOMISTS. They are a profession that's totally out of control. if you ever wondered why nothing seems to change no matter who gets elected ITS BECAUSE OF ECONOMISTS. Every politician is either an economists or has an economics advisor and the core education of economics is totally dominated by Chicago school ideology. I actually did Econ 101 as one of my humanities options and all they taught in that class was supply-v-demand curves for different types of markets so that you could recognise a market type and then understand the basics of how it worked. My view NOW, is that it's NOT what Econ 101 should be. It should be the basics of what economics actually is and how it can both explain an aspect of society but also be a means to shape society AND IMPORTANTLY Econ 101 needs to cover the history of economics, because that puts a lot of stuff into perspective. If your interested one of the best sources is the podcast Mark Blyth called the RCP (Rhodes Centre Podcast) at Brown U. Its mostly book talks with people who have written about Economics. Mark is also one of the only people who has actually described properly that there's been different versions of capitalism NOT JUST 1.
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@djinn666 Yeah if push comes to shove ANYTHING can happen. But I happen to be Australian and know exactly how it will go. We were stupid enough to let economists take over and sell everything. UNTIL we deal with the outright stupidity of economists nothing will change. Right now they control all the keys to all the doors.
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@jamesmann7411 Yeah we are well aware of Macquarie Group in Australia and Britain were fools for letting them into the country. In Australia they were caught with an amazing scam where they had 2 banks that they owned and 1 was run for a staggering loss to avoid tax while the other was a money making machine known as the millionaire factory. They never told the people who invested in these banks what their scheme was. Some made heaps and others made ZERO. They are hated by the general population of Australia because they are a pack of mongrels
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