" Deflation, Stagnation, Depression ? Take your Pick ? "

( Me at my place )

1. I am a Aussie white bloke of European descent!

2. I am heterosexual!

3. Although not religious I tend to believe in the so-called Christian values and beliefs!
Sir Mike's Comments 15/5/2016.
Also on my blog: www.beautkoot.blogspot.com.au
www.wordpress.com.
URL: http://beautkoot.blogspot.com.au

Subject " Deflation, Stagnation, Depression ? Take your Pick ? "

Glen Stevens. The Governor of the Aussie Reserve Bank

People it concerns me to now here our so-called financial"Guru's",including Glen Stevens,

discussing "Inflation"or the lack of it, with our Aussie dollar falling with a general concern 

of this creating"Deflation"and if you read, as I have, the numerous commentaries within our 

media of our so-called financial "Experts" as to why this is occurring, and believe me there are 

as many different reasons given as there are commentaries, to not only in Aussie but it is also 

a Global situation and they seem some what surprised it is happening for all sorts of highly 

technical convoluted reasons.

When really people it is quite simply, K.I.S.S. Keep it simple stupid!

For instance.

While these amateur pollies, bankers, bureaucrats, technocrats, so-called expert media commentators, so-called financial experts and the list appears to be endless are playing with computer modeling, trolling over decades of history trying to look for similar trends and thereby compare oranges with elephants,when the real power house, engine room, movers and shakers that really control the whole Global, across the board, financial systems, although billions of them don't realise it and as a result are being ignored, and that being the average world wide plebbs ie: The Mum, Dad's and the kids plus their extended families such as Grand Parents.

These so-called groups of experts mentioned above, without exception in my view, tend to very arrogantly treat anyone outside these groups as moronic zombies, where they put us into and under various categories,classifications, pigeon holes, boxes then shove that into a computer and develop some thing that is referred to as "Modeling" and with "Rubbish in and Rubbish out -as the saying goes"and where rarely do any of them agree, "Put 20 Economists in a room with a problem and the chances are you will get 20 different results" and then arrogantly, like some "Fortune Teller", with authority, predict our and Global futures,

Most even fly, at great expense mostly to the various Global Tax Payers, say 100's of 1000's 

if not millions of dollars, to"Talk Fests"referred to as "Conferences" to listen to hours of 

talks and speeches, you often see on the TV where the participants in the audiences of these conferences have fallen asleep, or fighting not too? in order to find a "One size fit's all 

solution" which ofcourse is virtually impossible considering the huge diversity in regard to 

available funds,education and sophistication, population and demographics plus religion, 

and culture and rarely, if ever, what is agreed to at the various conferences by the 

participants 

comes to any really agreed fruition or realisation in their homeland.

Now with the exception of the earthly goings on totally controlled by "Mother Nature" all other 

aspects are controlled by the majority of the (7) billion plus plebbs on this earth whether they 

realise it or not, and as such if the majority of the worlds population, especially the so-called 

Western Societies, have a depressed and negative view of their futures then no computer 

modeling will avoid the inevitable happening such as "Deflation, then Stagnation followed by 

"Depression". 

If investors and investment by both consumers and business are delayed waiting for things to improve where it is estimated currently that the Global Equity Markets are experiencing yet another deflationary situation, possibly either the third or fourth one since 2008 - 2009.

Therefore it does not take my mate Einstein to calculate that if funds are not released, whether 

borrowed or self funded, this will slow down spending,or at worse stop it (Deflation) demand 

and prices fall ( Stagnation ) followed most probably by a ( Depression ).

However there is nothing but "Negativity" being shoved down the average plebbs throat by the 

media in regard to:

Politics,Climate change Armageddon,Terrorism,the Huge Military build up of countries especially around Aussie and the Globe in general, Financial - possibly another,only worse this time,GFC 

with a myriad of countries with debt's and deficits beyond their capacity to rectify, China's 

economy slowing and their credit debt ballooning out, 40-50 million Global Refugees and 

asylum seekers on the move and invading Western Countries, cost of living rising- ignore the 

so-called CPI increases because large ticket items can distort the mix or matrix of the real cost of 

the every day essentials, Domestic violence reportedly on the increase and Child Abuse. 

Unaffordable Housing, Unemployment, some 700 to 800,000 if you believe the ABS "Mickey Mouse" figures where if you work for (1) hour per week you are considered employed, and climbing, where youth unemployment in many areas is reaching 15-24% and if not rectified many will just become unemployable, Under employment-some 2-3 million referred to as the working poor, Homeless-from 100 to 150,000,

The 90 to 120,000 being feed with their only meal of the day from food mainly contributed by retailers via our charities, and who regularly run out of food therefore some miss out, and according the the Aussie Food Bank it is estimated that at least 2-300,000 Aussies go to bed hungry every night.

Education ? or the lack of suitable Education, where in certain sections the University Degrees 

out number the jobs available and many degrees will and are becoming obsolete with the change 

in technology, yet the pollies are, especially Teflon Billy Shortens Labor mob, stating they will 

pour 30-40 billion dollars into the Gonski education scheme? why? no jobs to go to! and if they 

make it unprofitable for businesses to competitively operate in Aussie because of our taxes, fees 

and charges then? where are the Tax Paying jobs coming from?.

An Aging Population and less Tax Payers, illicit drugs and drug addicts invading our societies.

There is a glut of steel on the world markets lowering prices to the point that our steel mills my 

consider closing putting 1000's of Aussies out of work, and the great financial effect this has on 

the local communities plus less tax income for the federal government and an increase in 

welfare payments.

There is also a glut of various types of coal and again the prices are so low that coal mines in

 

Aussie, much to the great glee of the ideological driven Greenies, are, and more may, closing 

down, again putting 1000's of Aussies out of work and the great financial effect this has on the 

local communities plus less tax income for the federal government and an increase in welfare 

payments.

The Greenies and their supporters maintain that as Aussies estimated contribution to Global

 

warming on this huge continent of ours which represents 5.5% of the worlds total mass is some 1.5%, and as I have stated many times in various mike's comments this is just a "Pimple on an Elephants Bum", and as such want to go back to a type of carbon tax which as we found out 

effects every aspect of our lives and puts and additional cost burden on an already financially 

strapped Aussie nation, especially the majority who earn $50,000 PA or less.

Teflon Billy's Labor Party wants to introduce something similar in order to try and attract the 

Greenie and the young peoples vote at this next federal election.

Bugger the majority that don't want it !!!!

The Greenies and their supporters plus people that have a financial interest state that Aussie 

 

is"Per Capita"one of the biggest polluters on the Globe.

However what they don't point out, very conveniently to support their demands, is that the "Per Capita" calculation is not based on our consumption then say our emissions, but what we

 

produce ie: coal, gas, oil and the like, and that we export to countries around the Globe and 

where the actual pollution occurs, but it is added to our Global so-called 'Climate Change' bill 

and by totally exaggerating our domestic contribution Aussies will by naive public demand 

insist that governments close these industries down in favour of renewables, and thereby 

having a devasting effect by putting 10's of 1000's of Aussies out of work, closing down 

small businesses that rely on these industries plus the great financial effect it has on the communities involved. 

The Greenies and their supporters will state that " Renewables"and "Tourism" will create

 

more employment.

Well question, if that is the case why have we currently got some 700-800,000 and climbing general unemployment plus 15-24% and climbing youth unemployment.

There is a finite number of "Windmills"and"Solar Panels", the" Panels"seemingly produced mainly now where else, but China, that can be installed ? Then what ?.

The list of "Negativities" in our daily and future lives' appears to be never-ending! and with the 24/7 news media the "Negativity" is just getting worse by the day where one organisation or 

political party just keeps feeding it out for purely,in most cases, self interest one way or the 

other.

Let's deal briefly with Aussie first:

Malcolm - The Magnificent - Turnbull the current Aussie LNP PM.

Teflon Billy Shorten the Labor Federal Opposition Leader, Union Heavy Weight, Homosexual

Advocate and alleged "Rapist".

Richard Di Natale, The Head Federal Greenie.

Tony Windsor the Ex Member now running to regain his seat of New England as a so-called 

Independent, he stated this the last time he got elected and promptly joined the Gillard 

Labor Mob supported by the Greenies in a hung parliament to save his political skin, and 

therefore not being required to having to run in a second election.

We currently have a Federal Election in full swing where the Liberals/Nationals,Labor plus Greenies, and to some extent so-called Independents, are trying to tear each other apart 

politically with advertising and slogans stating quite openly that if Aussies vote for their 

oppositions on election night 2/7/2016 it will be a disaster and only their so-called policies 

will save us from a fate worse than death it's self.

Yet anyone with half a brain knows that the majority of these amateur self interested pollies 

have been, one way or the other, in power previously and the reason this Aussie nation is in 

the all round negative situation we are in, according to them, is due to their actions, or the 

lack of, in the past therefore we are surely, whoever we vote for, just going to, in the majority 

of cases, "Recycling" the same useless, self interested bastards we have had there before.

Where there has been some changing of the"Deck Chairs"in regard to party Leadership,but otherwise it is just "Situation Normal" and just "More of the same" at the Tax Payers great expense.

I would guess, and my guess is as good as anyone's, that if Aussie did not have compulsory 

voting that at least 40% of Aussies would not waste their time voting due to the frustrating 

and depressing negative situation we have here in Aussie with not only our political system, 

but with the pollies across the board generally.

Now people let's look at the Aussie Great Barrier Reef where according to the self interested 

Greenies, their niche and narrow perspective supporters plus any other people or organisations that 

have a financial self interest in saying so? the Great Barrier Reef is only minutes in time away from a 

total disaster ie: Coral Bleaching, Storm Damage due to climate changing storms, Acid Seas, fish 

stocks and all living creatures will be either killed or will move on ? where too ? who knows ?, due to 

the warming water as a result of climate change, and again various people, especially the so-called 

experts, have in principle agreed with each other in regard to climate change but vary wildly in regard 

to when, where, why, what, how, and by how much ? could be 5,10,20,50 or a 100 years away and 

which is based on what ? Oh ofcourse"Modeling"??

People nobody has ever, nor will they, second, third or fourth guess Mother Nature especially these 

people that live in modern homes and operate computers in modern big shiny towers or Universities 

that occasional go out and do some research, and where by the time they get back to their desk the 

environment they have just left has already changed or starting too.

Therefore we so-called very smart, but in the scheme of things miniscule and individually insignificant, 

are continually playing catch up and therefore cannot in anyway predict what is going to happen 

tomorrow let alone years down the track.

Mangroves from Wikipedia.

Now we have a Queensland University mob coming on the ABC Radio National looking for funding 

to go and research why the Mangroves along the Queensland northern coast line is seemingly under 

serious threat ? from what they are not sure ? hence the funding for research required to find out.

The Greenies,"Some",I emphasise"Some"so-called climate experts are foretelling dire consequences in regard to Wildfires,Longer periods of drought,The intensity of tropical storms,Glaciers shrinking, 

Loss of sea ice,Rising sea levels,More intense heat waves where we once had 1 in 20 year extreme 

heat days it is now projected to occur every 2-3 years by the end of the"CENTURY"??.

Walt Disney.

Monster Beings from outer space.

As far as I am concerned people this "Climate Change" situation is developing very quickly into the 

realms of an epic "Walt Disney-Disneyland" fantasy of where "Monster Beings" arrive here on earth 

from another planet or galaxy doing there best to destroy us as a species in anyway possible in 

order to rob us of our mineral wealth and take it back to their homelands,and there is little we can do 

due to their far superior weaponry and technology.

Therefore I believe our Greenies and many so-called climate change experts are our "Monster Beings" who are trying, in many cases because of their ideological want, plus this is how they earn their living, 

feed their families and pay their bills, to destroy our way of life as we know it currently in Aussie with 

what they hope is far superior knowledge and technical hardware.

Yep ok listen politely to the like's of the Greenies and the so-called climate experts that are predicting 

"Armageddon" because obviously there does appear to be a problem, but on the other hand be very 

skeptical and play the"Devils Advocate" and make them prove to you that what their "Modeling" is 

stating they can prove beyond a "REASONABLE" doubt, as they would have to do to a Judge and Jury 

in a court of law, because the changes these "Monster Beings" are wanting you to do and make 

sacrifices for, could be a figment of their imagination in order for them to remain relevant, and earn a 

living at our unnecessary expense as being part of our non tax deductable family.

A Muslim ISIS thug executing an innocent Iraq government servant that was in the wrong place 

at the wrong time just doing his job.

Now people over and above the things I have mention here, which ofcourse from the Aussie and the worlds populations point of view are only the tip of the "Iceberg" so to speak, we have to put up with the fear that at any moment, at any time, in any place, including inside police and military 

premises, we could be executed by these nut case Islamic mongrels one way or the other?

Man Haron Monis the killer at the Siege at Martin Place, Sydney.

Martin Place, Sydney.

Now I realise that this so-called Islamic "Terrorist" Man Haron Monis in December 2014, where in my view I stated in a previous mike's comments on the 18/1/2015 Subject:"Terrorist or a 

Narcisstic Egotist"and which during the current enquiry into the siege is some what agreeing 

with me, although not in such words, that Monis was more a "Narcisstic" nut case and less 

like a "Islamic Terrorist" but never-the-less Monis ruthlessly killed the young coffee shop 

Manager.

So therefore terrorist or no terrorist Monis might as well have been to do something like that.

However the fact that the Aussie Turnbull government, supported by the Teflon Billy Shorten 

Labor Opposition, have and are, increasing to bolster our border security, federal and state 

police forces and spending not millions but billions, plus are arresting and jailing so-called 

Islamic Sympathisers and potential Islamic Terrorists, must prove the threat is real.

Now I realise I have covered a wide range of subjects but I believe those, and the many others 

ofcourse, are confronting the average plebbs all over the Globe,and the conduit that connects 

all these different aspects of our lives is "Fear and a negative attitude to life" whether conscious 

or sub-conscious by being bombarded, quite unnecessary in most cases, with across the board 

negativity, and this will be the driving force that will result in deflation, stagnation and possibly a depression.

Therefore people if you are prepared to cop all this negative commentary from people with a self interest without challenging them on the 

bases that they are the experts and therefore must know best, then don't whinge when you start 

to feel so overwhelmingly negative that there is no point of getting out of bed in the morning.

Sir Mike Howe - but you can call me Mike.

Now I am not aware who the author of the attached was or how true it is, but never-the-less 

it is well written and to me makes a lot of sense and I believe dovetails well into what I have 

written above.

In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide.

Within just a few years, their business model disappeared and they went bankrupt.

What happened to Kodak will happen in a lot of industries in the next 10 year - and
most people don't see it coming. Did you think in 1998 that 3 years later you would
never take pictures on paper film again?

Yet digital cameras were invented in 1975. The first ones only had 10,000 pixels,
but followed Moore's law. So as with all exponential technologies, it was a
disappointment for a long time, before it became way superior and got mainstream
in only a few short years. It will now happen with Artificial Intelligence, health,
autonomous and electric cars, education, 3D printing, agriculture and jobs.

Welcome to the 4th Industrial Revolution.

Welcome to the Exponential Age.

Software will disrupt most traditional industries in the next 5-10 years.

Uber is just a software tool, they don't own any cars, and are now the biggest taxi
company in the world. Airbnb is now the biggest hotel company in the world, although they don't own any properties.

Artificial Intelligence: Computers become exponentially better in understanding the world.

This year, a computer beat the best Go player in the world, 10 years earlier than expected.
In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared
with 70% accuracy when done by humans. So if you study law, stop immediately. There will be 90% less lawyers in the future, only specialists will remain.

Watson already helps nurses diagnosing cancer, 4 time more accurate than human nurses.
Facebook now has a pattern recognition software that can recognize faces better than humans.

In 2030, computers will become more intelligent than humans.

Autonomous cars: In 2018 the first self driving cars will appear for the public.

Around 2020, the complete industry will start to be disrupted. You don't want to own a car anymore. You will call a car with your phone, it will show up at your location and drive you to your destination.
You will not need to park it, you only pay for the driven distance and can be productive while driving. Our kids will never get a driver's licence and will never own a car. It will change the cities, because we will need 90-95% less cars for that. We can transform former parking space into parks. 1,2 million people die each year in car accidents worldwide. We now have one accident every 100,000km, with autonomous driving that will drop to one accident in 10 million km. That will save a million lives each year.

Most car companies might become bankrupt. Traditional car companies try the evolutionary approach and just build a better car, while tech companies (Tesla, Apple, Google) will do the revolutionary approach and build a computer on wheels. I spoke to a lot of engineers from Volkswagen and Audi; they are completely terrified of Tesla.

Insurance companies will have massive trouble because without accidents, the insurance will become 100x cheaper. Their car insurance business model will disappear.

Real estate will change. Because if you can work while you commute, people will move further away to live in a more beautiful neighborhood.

Electric cars will become mainstream until 2020. Cities will be less noisy because all cars will run on electric. Electricity will become incredibly cheap and clean: Solar production has been on an exponential curve for 30 years, but you can only now see the impact. Last year, more solar energy was installed worldwide than fossil. The price for solar will drop so much that all coal companies will be out of business by 2025.

With cheap electricity comes cheap and abundant water. Desalination now only needs 2kWh per cubic meter. We don't have scarce water in most places, we only have scarce drinking water. Imagine what will be possible if anyone can have as much clean water as he wants, for nearly no cost.

Health: The Tricorder X price will be announced this year. There will be companies who will build a medical device (called the "Tricorder" from Star Trek) that works with you phone, which takes your retina scan, you blood sample and you breath into it. It then analyses 54 biomarkers that will identify nearly any disease. It will be cheap, so in a few years everyone on this planet will have access to world class medicine, nearly for free.

3D printing: The price of the cheapest 3D printer came down from 18,000$ to 400$ within 10 years. In the same time, it became 100 times faster. All major shoe companies started 3D
printing shoes. Spare airplane parts are already 3D printed in remote airports. The space station now has a printer that eliminates the need for the large amount of spare parts they used to have in the past.

At the end of this year, new smartphones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home. In China, they already 3D printed a complete 6-storey office building. By 2027, 10% of everything that's being produced will be 3D printed.

Business opportunities: If you think of a niche you want to go in, ask yourself: "in the future, do you think we will have that?" and if the answer is yes, how can you make that happen sooner?

If it doesn't work with your phone, forget the idea. And any idea designed for success in the 20th century is doomed in to failure in the 21st century.

Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear if there will be enough new jobs in such a small time.

Agriculture: There will be a 100$ agricultural robot in the future. Farmers in 3rd world countries can then become managers of their field instead of working all days on their fields. Aeroponics will need much less water. The first petri dish produced veal is now available and will be cheaper
than cow produced veal in 2018. Right now, 30% of all agricultural surfaces is used for cows.
Imagine if we don't need that space anymore. There are several startups who will bring insect protein to the market shortly. It contains more protein than meat. It will be labeled as "alternative protein source" (because most people still reject the idea of eating insects).

There is an app called "moodies" which can already tell in which mood you are. Until 2020 there will be apps that can tell by your facial expressions if you are lying. Imagine a political debate where it's being displayed when they are telling the truth and when not.

Bitcoin will become mainstream this year and might even become the default reserve currency.

Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span used to be 79 years, now it's 80 years. The increase itself is increasing and by 2036, there will be more that one year increase per year. So we all might live for a long long time, probably way more than 100.

Education: The cheapest smartphones are already at 10$ in Africa and Asia. Until 2020, 70% of all humans will own a smartphone. That means, everyone has the same access to world class education. Every child can use Khan academy for everything a child learns at school in First World countries. We have already released our software in Indonesia and will release it in Arabic, Suaheli and Chinese this Summer, because I see an enormous potential. We will give the English
app for free, so that children in Africa can become fluent in Engl[truncated by WhatsApp]