Shareswatch Australia

Whether stock market investors like it or not, political developments and government policies often have a major impact on the economy.

Welcome to the Shareswatch Australia discussion forum. The aim of this area of the website is to allow people to discuss more freely a variety of issues related to previous blog topics or provide site feedback.

From the moment the Emissions Trading Scheme (ETS) concept was floated I had an uneasy feeling about it and unlike a lot of recent anti-ETS converts, I have voiced my opposition to this legislation for many, many months. Simply put, I don’t see the logic in trying to help the planet with a tax.

Often economists, journalists and politicians use so much jargon when talking about the current economic situation that is is hard to follow what they are actually trying to say. Economists for example cannot seem to agree on anything except that they are legends in their own minds, journalists try and fumble through economic discussions and politicians simply try and convince us they know what they are talking about. The simple fact is much of the time all three groups talk utter rubbish.

Can the discussion surrounding the Australian economy get any more bizarre? Will economists continue to make vague observations? Will our politicians spend most of 2009 making nonsensical statements aimed to please the plebs? If you answered yes to all three questions then you are well prepared for the year ahead.