Comments by "Tony Wilson" (@tonywilson4713) on "Australia's Quiet Collapse" video.

  1. Another Aussie here YES - real estate value is regarded in Australia as the only metric that actually matters. GDP is something economists go on and on about but nobody believes economists any more. I'm actually an engineer and other than housing the really big issue NOBODY discusses properly is ENERGY prices. I found out how much crap we are in while doing a project in 2016 into our future energy needs. What surprised me even more than our situation was that most of the developed World has the same problem. Across the World we all privatised our main large-scale power stations because the economists promised that "competition would provide better services and lower prices" which has NOT happened anywhere. The elephant in that room is that many nations (including Australia) have not kept up with building new power stations as our population grew. Its really noticeable when you look at power stations rated over 1,000MW. That's why we have power shortages and higher prices. The immediate problem is that neither side has a plan that will work. The ALP 82% renewable plan wont work because we'll end up with an unstable grid like they now have in Ireland, BUT AT LEAST ITS FIXABLE however it will take 3-5 years to fix The LNP plan for nuclear power is so absurd its barely comprehensible and NOT because its a nuclear solution its because their plan is simply idiotic. It puts so much money into nuclear there wont be anything left to do anything else and there's no way it can deliver any positive effects for at least 25years. That means we'll have high energy prices for another 25 years which will cost the economy by reducing household spending by over $250 billion and that's on top of the $330 billion they plan to spend and that money can barely build 1/4 of what we'll need going forward because by 2050 we'll be over 40 million and by 2100 over 65 million people AND ALL THOSE PEOPLE WILL WANT TO TURN ON LIGHTS, TURN ON COMPUTERS and COOK FOOD.
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