Mario Draghi prepares for more QE in March.

Skyrocket said:
I hope the kick start fails.

The sooner the crash happens, the better.
Click to expand...

Ye i'm with you I was hoping a GFC 2 might be here even before the Oz real estate market kicks off again on Feb 6.

But it looks like the stock market has picked up again since all the bad news so that wont be happening.
 
usual suspects with the truck idling, theres been 20 chances to buy in big and they're still keeping the poowder dry :lol:
 
Predictions on how long till we see something happening in the form of a crash now? Do we follow Japan's lead to 280% GDP debt? Is this the path for Europe, US, Aus, NZ? Some sort of slow burn?
 
TheEnd said:
Skyrocket said:
I hope the kick start fails.

The sooner the crash happens, the better.
Click to expand...

Ye i'm with you I was hoping a GFC 2 might be here even before the Oz real estate market kicks off again on Feb 6.

But it looks like the stock market has picked up again since all the bad news so that wont be happening.
Click to expand...
I guess since you don't have a job anyway it doesn't really matter if everyone else loses theirs.
 
On the plus side, any major downturn which leads to a bond sell off and increased borrowing costs for governments through higher yields and credit downgrades in regards to unfunded or partially unfunded liabilities could lead to unemployment benefits being slashed. I would support a cut to unemployment benefits to those who simply choose live off other hard working Australian's like parasites.
 
^^^^The UK GOvERNMENT just got a 130 million pound tax bonus from Google. Maybe the Australian government will do the same. I would support a tax on corporation who deal in Derivatives...

Regards ERROL 43
 
Caput Lupinum said:
On the plus side, any major downturn which leads to a bond sell off and increased borrowing costs for governments through higher yields and credit downgrades in regards to unfunded or partially unfunded liabilities could lead to unemployment benefits being slashed. I would support a cut to unemployment benefits to those who simply choose live off other hard working Australian's like parasites.
Click to expand...
And eliminate middle class welfare at the same time.
 
col0016 said:
TheEnd said:
Skyrocket said:
I hope the kick start fails.

The sooner the crash happens, the better.
Click to expand...

Ye i'm with you I was hoping a GFC 2 might be here even before the Oz real estate market kicks off again on Feb 6.

But it looks like the stock market has picked up again since all the bad news so that wont be happening.
Click to expand...
I guess since you don't have a job anyway it doesn't really matter if everyone else loses theirs.
Click to expand...


Remember the old adage, "a recession is when your neighbor loses his job; a depression is when you lose yours".

Jim
 
Melbourne south east suburbs but if a SHTF happens it be hidden in bush somewhere far away ;)
 
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