Tag Archives: australia

Australian GDP tumbles most since 1991 on climate catastrophe

Stacy Summary: Luckily, for those who follow our site and are not wed to an ideology that forces them to see no floods, hear no hurricanes and speak no rising temperatures, they will have been hedged against this economic catastrophe. For those who are ideologically opposed to the environment having any possible impact on finance or economics . . . good luck with that, buddy.

Australia’s economy shrank in the first quarter by the most in 20 years as floods hurt exports, even as stronger business investment underscored the central bank’s forecast for a rebound in the second half of the year.

Gross domestic product fell 1.2 percent from the previous three months, when it rose a revised 0.8 percent, the Bureau of Statistics said in Sydney today. Exports slumped 8.7 percent, subtracting 2.1 percentage points from GDP growth, today’s report showed, while machinery and equipment spending jumped 6 percent, adding 0.4 point.

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Will Australia be the first country to go bellly up due to AGW?

Stacy update: Queensland braces for Yasi which has strengthened into a category 4 storm as it passes over ocean water that is 1.2 degrees celsius warmer than average; highest temperature since records began in early 1900′s

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Flash Floods Hit Australia

  • Agent provocateur sent in to spy on climate change activists refuses to testify for police (um, don’t the police know that they work for the police state on behalf of the New World Order? And the NWO wants these activists to succeed not fail!  So that George Soros and Al Gore can impose their global carbon tax to enslave us all and make back some of the money that they have spent buying off tens of thousands of scientists and fabricating weather events?  Duh, that’s what Koch-bots say!)
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Worst floods in 150 years in New Zealand; while record flooding in Australia causes $1 billion in infrastructure damage, $400 million in agricultural losses & exports expected to be hit by $6 billion

Stacy Summary:  Competition for increasingly rare capital increasing as weather continues to go berserk.  As we’ve seen across America this past week or two with snow and floods, record precipitation has also been hitting Australia and New Zealand.  And this competitor for capital always wins.

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Headlines, Headlines, Headlines – 10 April 2009

Stacy Summary:  Banks resembling mafia organizations in the headlines today as the banks are forced to take an oath of omerta to Geithner and the Australian bank cartels shakedown the people.

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