2020 Collapse
- Thread starter TreasureHunter
- Start date
The Food Wars Are Starting!
Who's going to get the last piece of meat?
Who's going to get the last piece of meat?
Are there any French people here to report on what they see?
Sounds crazy over there from here in the States.
Sounds crazy over there from here in the States.
You can be sure its crazy over there when most of the MSM outlet wont report anything on it.
Looks like some cities here in America! Burn it all down! Haha
Seeing commie leaders fail is a beautiful thing.
Seeing commie leaders fail is a beautiful thing.
Even Milton Friedman said you can't have a generous liberal welfare state with open borders.
We are seeing why now.
Theyd better put the Communist Manifesto away for now haha. The grand Euro experiment is failing.
We are seeing why now.
Theyd better put the Communist Manifesto away for now haha. The grand Euro experiment is failing.
Michael Kay
Well-Known Member
War in Europe
Escalating war in the Middle East... experts have long predicted WW3 may start in the Middle East
Bond price collapse
Commercial RE collapse
China's mega bubble popping, super leveraged local govt
Soaring oil prices
AUD collapsing
Mega mortgage mugs keeling over
US Banks with massive paper losses
Pick your poison for a 2023 collapse!
Escalating war in the Middle East... experts have long predicted WW3 may start in the Middle East
Bond price collapse
Commercial RE collapse
China's mega bubble popping, super leveraged local govt
Soaring oil prices
AUD collapsing
Mega mortgage mugs keeling over
US Banks with massive paper losses
Pick your poison for a 2023 collapse!
Michael Kay
Well-Known Member
Average in an absolutely abnormal market10 y bond yields back to average.
Just saying
LoL
And do you think markets can handle it? (Esp if they top 5%)
Sounds like the higher yields are mostly coming from demand now.
Investors are demanding a higher payout to loan that cash from what I've heard.
Investors are demanding a higher payout to loan that cash from what I've heard.
That's what I'm saying, buyers are holding out for more.
They need more buyers for these bonds and yields will need to rise.
They need more buyers for these bonds and yields will need to rise.
Think Jamie Dimon was saying they need to get to 7%. A lot of people playing the hope game and thinking rates will go down are going to get burned. More so in Australia. Imagine your million dollar home loan going from 2 to 8%. That’s going from about $850 to $1700 per week!
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Krakked789
Well-Known Member
The Dow Jones will keep going up and up and up and up and up...been saying it for years. No major crash before it reaches 100,000.
Michael Kay
Well-Known Member
How have you done the maths?
Maybe I'm a fool but if 2% is $850, 8% is four times as much, meaning it would be $3400, no?
Michael Kay
Well-Known Member
Thx for clarification, guys. I was thinking about interest only. I guess we all have brain farts at times.
But it never ceases to amaze me how poor a lot of Aussies math skills are. I bought 23 dollar bottle of wine the other day and i gave the cashier a 50 buck note with 3 bucks to get no coins in change. She hands me 25 bucks. I said that it wasn't right and she got all defensive and confused. The manager had to come and help her "work it out".
Another time last month I was at a doctor's surgery and the nurse was increasing an injection dose from 0.05ml to 0.1ml. I mentioned to her that it was a big increase, doubling the dose, and she said "it's not double, is it?" I was flabbergasted.
But it never ceases to amaze me how poor a lot of Aussies math skills are. I bought 23 dollar bottle of wine the other day and i gave the cashier a 50 buck note with 3 bucks to get no coins in change. She hands me 25 bucks. I said that it wasn't right and she got all defensive and confused. The manager had to come and help her "work it out".
Another time last month I was at a doctor's surgery and the nurse was increasing an injection dose from 0.05ml to 0.1ml. I mentioned to her that it was a big increase, doubling the dose, and she said "it's not double, is it?" I was flabbergasted.
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Now that’s value!
ParanoidAndroid
Well-Known Member
Could have caused a heartastack!
Krakked789
Well-Known Member
I think you have to be careful trying to get rid of coins and end up with only notes for change. The number of times cashiers get it wrong - especially these days - is unbelievable. No basic maths.