Australian Politics Forum - Stock Market and Housing Crash

Boris Gold Member Offline Australian Politics Posts: 3912 Gender:	Stock Market and Housing Crash May 23^rd, 2022 at 11:29am The Dow Jones is on the biggest slump in 99 years (Kondratieff). The Dow YTD is down 15% The S&P 500 YTD is down 19% The NASDAQ YTD is down over 28% The Russell 2000 YTD is down 22% There is a clue for you Sherlock
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UnSubRocky Gold Member Offline Australian Legend Posts: 21740 Rockhampton, Q Gender:	Re: Stock Market and Housing Crash Reply #1 - May 23^rd, 2022 at 11:32am Are we going to see an oil crash, too? Maybe Australia will take advantage of the situation and get ahead with our economy.
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aquascoot

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Re: Stock Market and Housing Crash
Reply #2 - May 23^rd, 2022 at 11:36am

there goes your super balance.

you cant let government print 1 trillion dollars and shove it into the economy without devaluing existing assets.

if aussies have a trillion saved in super and then 1 trillion is printed, that dilutes the buying power by 1/2

so real assets (businesses and real estate) are now worth 1/2 (in dollar terms because we have 2 x the dollar bills bidding for them).

all government spending reducing existing savings

all of it.(unless it is paid for through taxes which it is not)

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Grappler Truth Teller Feller

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Re: Stock Market and Housing Crash
Reply #3 - May 23^rd, 2022 at 11:44am

UnSubRocky wrote on May 23^rd, 2022 at 11:32am:

Are we going to see an oil crash, too?

Maybe Australia will take advantage of the situation and get ahead with our economy.

You don't seriously think we have any government capable of that style of thinking, do you? Labor has too much on its hands burning down the Old White Men's civilisation in which they all prosper so mightily, and LNP have to look after their mates.

More likely to curl up in a corner, rock back and forth on their knees, and moan over and over and jump at any interruption .... the idiots in Cambra left their run for genuine infrastructure too late, and the peasants will pay for it - again.

All the luxury runs of PPL and childcare and easy education in ridiculous fields such as 'gender diversity' will be gone with the wind.... and not before time. We'll be fortunate if we are not attacked by some patriarchal society such as Indonesia or China, who, if they win, will put the poofs and sheilas and Abos in their place.

They've had their more than fair go anyway - so WGAF any more about them?

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“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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Boris Gold Member Offline Australian Politics Posts: 3912 Gender:	Re: Stock Market and Housing Crash Reply #4 - May 23^rd, 2022 at 11:50am Labor hates everyone White and Heterosexual. That is their focus. Venezuela is our future
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FutureTheLeftWant

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Re: Stock Market and Housing Crash
Reply #5 - May 23^rd, 2022 at 11:55am

Boris wrote on May 23^rd, 2022 at 11:29am:

The Dow Jones is on the biggest slump in 99 years (Kondratieff).
The Dow YTD is down 15%
The S&P 500 YTD is down 19%
The NASDAQ YTD is down over 28%
The Russell 2000 YTD is down 22%
There is a clue for you Sherlock

I pulled out of the stock market a few months ago. I plan on buying houses as they fall

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Captain Nemo

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Re: Stock Market and Housing Crash
Reply #6 - May 23^rd, 2022 at 11:55am

The stock market is going to crash and a recession is coming in the next 2 years or so.

I'm thinking of pulling some cash out of my Super fund to park in savings in the hope of having some money on hand to buy shares after the crash. It is hard to know when the bottom of the crash will be reached but if things drop by 30% say, then bargains are there to be bought. It would take several years to recover though, so it is game of patience.

There is a sure-fire sign of a recession and that is when short-term bonds pay more than long-term bonds. It is called an Inverted Yield Curve. That has now happened in the USA and it usually* means a recession is going to happen within a year or so. Sad

* Almost always happens.

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The 2025 election could be a shocker.

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FutureTheLeftWant

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Re: Stock Market and Housing Crash
Reply #7 - May 23^rd, 2022 at 11:59am

Captain Nemo wrote on May 23^rd, 2022 at 11:55am:

The stock market is going to crash and a recession is coming in the next 2 years or so.

I'm thinking of pulling some cash out of my Super fund to park in savings in the hope of having some money on hand to buy shares after the crash. It is hard to know when the bottom of the crash will be reached but if things drop by 30% say, then bargains are there to be bought. It would take several years to recover though, so it is game of patience.

There is a sure-fire sign of a recession and that is when short-term bonds pay more than long-term bonds. It is called an Inverted Yield Curve. That has now happened in the USA and it usually* means a recession is going to happen within a year or so. Sad

* Almost always happens.

I pulled out of the stock market after losing 40k in a week or so.

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Boris Gold Member Offline Australian Politics Posts: 3912 Gender:	Re: Stock Market and Housing Crash Reply #8 - May 23^rd, 2022 at 12:47pm A Depression = 25% unemployment and millions hungry and homeless Albo will make it worse
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FutureTheLeftWant Gold Member Offline Australian Politics Posts: 6625 Gender:	Re: Stock Market and Housing Crash Reply #9 - May 23^rd, 2022 at 1:20pm Boris wrote on May 23^rd, 2022 at 12:47pm: A Depression = 25% unemployment and millions hungry and homeless Albo will make it worse Why will he make it worse? Race mixing? The right are idiots. People are hungry and homeless now, b/c of right wing economics
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Boris Gold Member Offline Australian Politics Posts: 3912 Gender:	Re: Stock Market and Housing Crash Reply #10 - May 23^rd, 2022 at 1:26pm because of the economic cycle and its about to get disastrous under Albo and then a war killing Commos
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FutureTheLeftWant Gold Member Offline Australian Politics Posts: 6625 Gender:	Re: Stock Market and Housing Crash Reply #11 - May 23^rd, 2022 at 1:26pm Boris wrote on May 23^rd, 2022 at 1:26pm: because of the economic cycle and its about to get disastrous under Albo and then a war killing Commos If we went to war with China we would lose LOL. Why would we do that though? I thought Albo loved China too much?
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Boris

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Re: Stock Market and Housing Crash
Reply #12 - May 23^rd, 2022 at 1:29pm

Albo is a Hard Left extremist trained by Tom Uren

His concern is not for white heterosexual people but anyone not

When people are starving and there are food riots and the Senate blocks supply there will be a big swing back to Conservatives

"The Biggest swing against Labor in 100 years" it always says when they lose

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FutureTheLeftWant

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Re: Stock Market and Housing Crash
Reply #13 - May 23^rd, 2022 at 1:38pm

Boris wrote on May 23^rd, 2022 at 1:29pm:

Albo is a Hard Left extremist trained by Tom Uren

His concern is not for white heterosexual people but anyone not

When people are starving and there are food riots and the Senate blocks supply there will be a big swing back to Conservatives

"The Biggest swing against Labor in 100 years" it always says when they lose

It's interesting to me that right wing trash assume if yo don't hate black people, you MUST hate white people. Albo hates his family, his friends, for being white.

Jesus smacking Christ you are trash.

Greens are going to control the senate lol

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Brian Ross Gold Member Offline Representative of me Posts: 39572	Re: Stock Market and Housing Crash Reply #14 - May 23^rd, 2022 at 2:52pm Matty, you're just a sore loser. Here we see you ranting once more, let it all hang out. It just make you more of a troll. Tsk, tsk, tsk...
Back to top	Someone said we could not judge a person's Aboriginality on their skin colour. Why isn't that applied in the matter of Pascoe? Tsk, tsk, tsk... IP Logged