Greg

11K posts

Greg

Greg

@Dunger71

Katılım Temmuz 2023
104 Takip Edilen130 Takipçiler
Greg
Greg@Dunger71·
@akicif @JavierRoques @dnwiebe @Arden_2210 Wait, I just realised something. The formula is essentially giving a ratio as a result. That means the 18 is more of a reference to a specific use, not the formula (ratio) itself. I think I’m too used to applying the formula to specific circumstances and expect it.
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Arden Gray 🇺🇸
Arden Gray 🇺🇸@Arden_2210·
Very tricky math question,try it carefully Only for mathematicians
Arden Gray 🇺🇸 tweet media
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Greg
Greg@Dunger71·
@TheUnfilteredOz @bazzacc2 You’re claiming it’s a problem, so it’s irrelevant whether or not you consider it the sole problem. The main problem is your ignorance to reality outside of your own existence. That and your inability to focus your anger on the actual people responsible for this mess.
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The Unfiltered Aussie
The Unfiltered Aussie@TheUnfilteredOz·
@Dunger71 @bazzacc2 Fuck up knob jockey. No one claimed that was the only problem and you know it. The main problem is their disgusting ignorance to the fact that we are DROWNING. Call me a victim all you want it won’t stop what’s coming. So shove your bullshit propaganda up your ass, Thnks.
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BazzaCC
BazzaCC@bazzacc2·
Stop bloody complaining.. You live in the best country on Earth. 💪👌👍👍👍👍 The far right dosen't want you to know this
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Greg
Greg@Dunger71·
@theinfradev @tomdflynn The big problem is it’s not set up for the ageing population and theburden required to fix it will go to new entrants into the system.
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The InfraDev
The InfraDev@theinfradev·
@tomdflynn I am genuinely confused by what this guy thinks is happening with super? It's all right there and very simple. Maybe it is just my super that is simple? I am only 40s and have a healthy if lower balance and it all makes sense to me. In fact it used to be far more opaque.
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tom flynn
tom flynn@tomdflynn·
I invest my own money I know exactly what my returns are You are way out of your depth All I can say is that it has worked for me And for 1,000,000 retired Australians who live 100% on their super
Greg@Dunger71

@Mercfan3Mercfan @tomdflynn Wow. How do you think your returns are calculated? Do you really believe that someone is investing your money specifically or is it pooled and invested? Do you not think they don’t operate on a simple “in versus out” system? I know exactly what I’m thinking about.

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Greg
Greg@Dunger71·
@theinfradev @tomdflynn The whole reason the system “works” is because you believe in it. If everyone stopped paying super tomorrow the system would no longer function correctly. If it works how you think it does it should be able to continue without new money coming in.
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Greg
Greg@Dunger71·
@theinfradev @tomdflynn What you’re seeing is just numbers on a screen that could have been shuffled in any manner. You just accept it because it makes sense in respect you your personal numbers that the institution chose to give you. It’s not like you personally investing in the stock market.
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Greg
Greg@Dunger71·
@theinfradev @tomdflynn It makes sense at an individual level because the numbers are given to you. The returns are pooled returns minus costs and profit for the managers of the funds. You don’t get the funds ACTUAL internal working numbers. It’s similar to your bank account.
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Greg
Greg@Dunger71·
@TheUnfilteredOz @bazzacc2 Funny how you seem to think boomers aren’t “ordinary people”. If you think boomers “hoarding wealth” is the problem then you’ve been played by government propaganda. Claiming 1 class is “hoarding” is the most basic totalitarian play that captures simpletons with a victim complex.
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The Unfiltered Aussie
The Unfiltered Aussie@TheUnfilteredOz·
@Dunger71 @bazzacc2 Great, another retarded boomer to prove my point. I don't have time to argue with the likes of you so l'Il leave this here for ya.
The Unfiltered Aussie@TheUnfilteredOz

@JenzRich @bazzacc2 If ya think this only occurs in the community, u need to pull your head from your fkn ass & realise that you’re part of the prob. Ik of many white children who grew up in far worse conditions than this. I was one of them. Use ur $ to lobby our gov like every other race is doing!

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Greg
Greg@Dunger71·
@TheUnfilteredOz @bazzacc2 Irrelevant. Not a boomer either. Didn’t come from money. No money doesn’t always mean living in dirty, squalid conditions. You don’t need money to pick up your shit from the floor. No money doesn’t make you pile your possessions up in the doorway and leave rubbish on the floor.
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Greg
Greg@Dunger71·
@Russputin2 Bullshit. It was more like $16b and didn’t create $40b in assets. Thats a made up number. All they have done is kicked the can down the road so in the future they can blame someone or something else for their mismanagement.
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Russell Drysdale :#IStandWithAlbo
During the GFC, Labor borrowed $14.8 billion, to create $40 billion of BER Assets, which stimulated every sector of our economy & made us 1 of only 2 countries to thrive & not go into recession. The LNP Crime Org Junta puppets, called the investment, debt & deficit disaster😀
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Greg
Greg@Dunger71·
@TheUnfilteredOz @bazzacc2 Will money fix that? Why don’t you do something about it? Why do you think a boomer with investments is any more culpable for someone else’s choice of living standards than you are? You seem so outraged, maybe you should pop out there and clean it up for the tenant.
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The Unfiltered Aussie
The Unfiltered Aussie@TheUnfilteredOz·
@bazzacc2 I’ll stop bloody complaining when you boomers stop hoarding your wealth and start putting it to good use like actually raising the living standards for ordinary people. If you still think this is the best country on earth after seeing this, then you must surely be a sewer rat?
The Unfiltered Aussie tweet mediaThe Unfiltered Aussie tweet media
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Peter FitzSimons
Peter FitzSimons@Peter_Fitz·
A must read, by Hartcher. The people have led the renewables revolution, and won. Only One Nation and the Coalition don't get it. #Auspol Renewable energy in Australia: The people have voted with their rooftops, but the Coalition is still not on board smh.com.au/politics/feder…
Peter FitzSimons tweet mediaPeter FitzSimons tweet media
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Greg
Greg@Dunger71·
@Potstirrer111 @BhagCapital Well it seems the party you love keep avoiding any strategy that would let house prices fall. Labor politicians refuse to say they want house prices to stop rising and you cheer them on when they take more tax. Can’t wait to hear you crying when they come after your generation.
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Sparky777
Sparky777@Potstirrer111·
Because buying existing housing stock and speculating that rents and prices will forever rise a 7% a year will mean a whole generation will never be able to retire. Our retirement system is structured to own your own home and have 600k in super. Every year prices rise faster than 3% makes life worse for every person under 4 that doesn’t own ips. If you want to be successful start a productive business and stop speculating on land values
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Sparky777@Potstirrer111·
We are so back. Just cut net migration to 150k a year and I’ll be a lifelong Labor voter
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James
James@James_on_Mars·
@Dunger71 @Kath64867268 @Peter_Fitz I think that is the flaw in your argument. You assume that only a first preference for Labor is for renewables when in fact all the progressives are broadly onboard with similar policies
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Greg
Greg@Dunger71·
@Smartymarty66 @Peter_Fitz No they didn’t. It’s absurd ridiculous to assume people voted on a single issue. If you did then you’re part of the problem with Australian politics. 🤷‍♂️
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Greg
Greg@Dunger71·
@AuGrowler @Mercfan3Mercfan @tomdflynn Yeah, sure. This is the place for a detailed back and forth over how the economy is structured and its potential flaws. If you think this was a “battle of knowledge” you have a weird idea about how much I give a fuck about your opinion. 🤷‍♂️
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Greg
Greg@Dunger71·
@ouzo_zip @tomdflynn Code? 🤣🤣🤣🤣🤣 If that’s “code” then I’m not going to waste my time.
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ouzo
ouzo@ouzo_zip·
@Dunger71 @tomdflynn you’re writing about an illiterate boomer, champ either quit talking in code or get back in ya box
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Greg
Greg@Dunger71·
@LombardiBrett What an incredibly deep and well articulated response. It’s almost like you haven’t got anything but ignorance and feelings to support your stance.
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Lombardi, Brett
Lombardi, Brett@LombardiBrett·
Most Boomers own their own home so they didn’t care much about house prices and rents. So now they pay. This won’t fix affordability, but it’s not an easy task to persuade younger voters of that. Especially if Boomers who didn’t care are the ones trying to explain it.
Lombardi, Brett tweet media
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Greg
Greg@Dunger71·
@ouzo_zip @tomdflynn 🤦‍♂️ If you can’t get my point from the thread then it’s way too much to explain it from scratch. You can’t see the big picture. All you see is an “account”. Do you also think your bank has your money in a safe somewhere?
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ouzo
ouzo@ouzo_zip·
@Dunger71 @tomdflynn super accounts lose value when market goes down. that costs the owner of the account money. what’s your point?
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Greg
Greg@Dunger71·
@roobar1984 @DavidJSmith3567 @Peter_Fitz Supplied by those taxation subsidised panel?! Imagine thinking your own personal bill is indicative of the cost of energy for everyone. Your lifestyle is being subsidised by the people who can afford it the least and in your ignorance you brag about it. 👏👏👏 Nice work.
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Roo Bar
Roo Bar@roobar1984·
@Dunger71 @DavidJSmith3567 @Peter_Fitz You're welcome to this socialist opinion. I have rooftop solar, and a battery and an EV in the shed. I only pay for the grid connection on my monthly power bill. So, that’s nice. 🍾🤣
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