They'll argue it's the "year" What about September though, that was supposed to be the month of the big crash due to *insert reason here* Not much time left......
To be fair when SHTF has hit the fan in previous years, decades September has been the month that showed the most action. Could be (probably) just coincidence but it is in the books and easy to find that many of our past financial disasters have began or escalated during Septembers past.
So 30 billion lost on the au market Tuesday and then another 30 billion on Thursday doesnt count for anything? I think people are getting way too used to imaginary digital money numbers and their real insignificant s to real life? Me to put it into some sort of perspective for myself ,I started work in 1978 and up to 2015 almost 40 years and my "net" take home money for the fruits of my Labour has not yet reached 1 million Dollars! 60 thousand australian blue collar workers net earnings lost off the au share market in 2 days is just a September trend! lol
It is the month the Wall Streeters return from summering in the Hamptons, after all.. Gotta make that green from some volatility!
Great can you email that thought to the prime Minister and all the State premieres and perhaps they will rethink a GST rise and other tax measures as our national debt is just a drop in the ocean afteral.
(30,000,000,000 / 5,500,000,000,000) * 100 = 0.55% According to WolframAlpha, 5.5t is 18 times the number of stars in our galaxy: http://www.wolframalpha.com/input/?i=5,500,000,000,000 That's a reasonably big number but is itself tiny compared to infinity.
Yes and a persons life on earth is not long enough to count from 1 to 1billion no matter who you are which is much more relevant to human life than infinity! So more than 60 peoples entire lifetimes just to count the 60 billion dollars lost on the au market in two days last week. "Cuckoo"
And another 60 billion lost today off the au markets! I am starting a mini run on my bank! lol "Sounds like you lost money on some stocks lol" Not me its a mugs game! lol