Sad slide


In 1950 Australia’s GDP was fifth in the world; after USA, Switzerland, New Zealand and Venezuela. Ten years later, in 1960, we were ninth, and in 2012 thirteenth, just ahead of Spain (which happened to be fifteenth in 1960). Spain is supposedly doing so badly.

Gross Domestic Product, of course, is one thing, and the cost of living another:

About Antisthenes

A Greek philosopher, a pupil of Socrates. Led a revolt, with Diogenes, against the demands of the city-state and the sophistication of life. Accepted the interrelation of knowledge, virtue, and happiness; and sought the ideal condition for happiness in return to primitivism and self-sufficiency. Rejected all social distinctions as based on convention, scorned orthodox religion as a fabrication of lies, and studied early legends and animal life in order to arrive at a true understanding of natural law. The individual was free and self-sufficient when he was master of his passions, secure in his intelligence, impervious to social or religious demands, and satisfied with the poverty of a mendicant. Needless to say, a person who on the Fog of Chaos adopted the Athenian philosopher's name has nothing whatsoever in common with him.
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One Response to Sad slide

  1. Pedro the Simple says:

    And it’s getting better (under slightly less socialist government) – “Spain climbed out of recession in 2013 after five years of economic crisis that destroyed millions of jobs. The government estimates that Spain’s economy grew 1.4 percent last year.
    – See more at:

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