Is it good time of Australia economies? Some said it is but is it your view of Australia economies? I guess you may or may not think so especially you are in a right business of a wrong economic sectors. If you are a trader or investor, what's your views of the Australia economies? It sounds a bull-shi* question but think about it a little bit longer which would benefit for your profit. The history has told us Australia truly has enjoyed a Goldilocks economy these past 20 years. Is it true? If so why I could not see the light in the medias and trading forum. Who are wrong? *** Generally saying both bust and boom burn the money down from traders' hands. How many people here have accumulated enough profit in the staggering resource boom before GFC in Australia stock market? If it is not at all it should be very few. IT boom and its mechanism, internet, have declared too many victims. Have you met anyone who boasted his glazing profit around dinner tables between 2001 - 2008? Too many just have too many painful experiences in the stock market. Their market experiences are that they have been beaten down by the stock market again and again! These losers have lost their minds, guts, and their money! How about me? I am a loser too even I didn't lose my capital even a cent but I didn't get the income for the efforts I put into the waves, lines, and patterns. *** "There are now 38 year-olds who haven't been through a recession in Australia!" medias said and some go further to conclude that it seems the time all of Aussies who missed the lessons about recession would have the chances to experience it. It sounds very terrific, recession, everyone being unemployed, little money for food, and everything doomed. And the assertion with some words full of logic even no one be sure they are used in right contexts and conditions: "Like it or not, humans are emotional animals. Our reliance on the immediate past means that in times of optimism, we don't foresee an end to the good times. When times are tough, we have a hard time seeing an end to the difficulties." Do you know details are the devils to know the logic and common senses? Few can link a lot of separate and view-angle-based logic and common senses into their calculation! Why did Charley Monger say we need to invert, invert, and keep to invert? *** There are too many guys are cursing RBA. These old big boys just refuse to lower the rate without caring about the dire of our economies, some cursed disappointingly! I hope it lowers the rate as US did but I feel it is right for Australia as a whole. Not everyone can do the same things with the same result. When I read the posts and article complained Warren Buffett misled the market, I just laughed for fun. He has billions of dollars and you have nothings, right? He misled you? Ants vs Elephant, right? NO? BS at end! US can do, China can do, but Australia should not do, or Aussie can do but China and US cannot do! Why? I don't really care about except the underlying logic. So Aussie can not enjoy the zero rate, which is out of its affordability! Still could not get the points, it is sad! *** Australia as a whole is very wise and clever due to its self-awareness and environment-awareness even Labor's carbon tax has nothing with these awareness. Why do you insane, mad, and crazy? The less awareness the more insane, mad, and crazy you are! We have to avoid the boom and bust we could not afford. 5.2% unemployment and greed on resource return are alarming. RBA needs to force the air out of the fire: the rate has to be used to smooth out the excesses of both unbridled optimism and despairing pessimism. RBA are a institute of human being, which could make mistakes. Actually it gets the airs from the warriors in the ruins of the stock market too. In the last 40 years, it forced the economies out of hot air and cold water earlier rather later. So that the traders can lose the money in the stock market with the income from their salaries or pensions! *** Don't tell anyone you're not fortunate or that the combination of policy, intervention and circumstance has been anything less than an absolute blessing. Why do you lose your shirts? It is very obvious that you are insane, crazy, and hopeless! A drop of water can kill a man, right? Don't curse the water if you unfortunately die in the water! The average life and unemployment numbers mean little if you're the exception that you prefer to be choked to die by a drop of water. Do you know market is the core of capitalism? Do you know the forces of capitalism that are uncompromising, yet beneficial in balanced societies: 'creative destructive forces?' Your losses are great to the economies since the stock market would provide the low cost capital for business due to your contribution! Winners need the contribution from the losers too! *** Three points need to be remembered: 1. Good business emerge stronger 2. Foolish take-away 3. Wise hands enjoy warrior service business at low cost only! I still could not be a wise hand which frustrate me very much but I am sure I am not a foolish anymore as that in IT boom and bust!