Australian Politics Forum - Share market crash this morning.

Frank Gold Member Offline Australian Politics Posts: 52854 Gender:	Re: Share market crash this morning. Reply #105 - Apr 1^st, 2025 at 12:47pm How the stock market works https://x.com/Thebestfigen/status/1906476023975170065
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Bobby. Gold Member Offline Australian Politics Posts: 112899 Melbourne Gender:	Re: Share market crash this morning. Reply #106 - Apr 1^st, 2025 at 2:37pm Frank wrote on Apr 1^st, 2025 at 12:47pm: How the stock market works https://x.com/Thebestfigen/status/1906476023975170065 Very funny and so true. RBA keeps rates on hold at 4.1% today. ASX up 0.96% today. https://www.marketindex.com.au/asx200
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Captain Nemo Gold Member Offline Australian Politics Posts: 12835 Melbourne Gender:	Re: Share market crash this morning. Reply #107 - Apr 3^rd, 2025 at 9:31am Another massive hit to our share market today. Thanks Donald Might be a few bargains to pick up though if anyone has some spare cash hanging about.
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greggerypeccary Gold Member Online Australian Politics Posts: 145999 Gender:	Re: Share market crash this morning. Reply #108 - Apr 3^rd, 2025 at 9:32am Captain Nemo wrote on Apr 3^rd, 2025 at 9:31am: Another massive hit to our share market today.
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Bobby.

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Re: Share market crash this morning.
Reply #109 - Apr 3^rd, 2025 at 10:21am

https://edition.cnn.com/business/live-news/tariffs-trump-news-04-02-25/index.htm...

Australian Prime Minister Anthony Albanese said during a news conference:

Quote:

“For Australia these tariffs are not unexpected but let me be clear —
they are totally unwarranted. President Trump referred to reciprocal tariffs.
A reciprocal tariff would be zero not 10%.
The admin’s tariffs have no basis in logic and they go against the basis of our two nations’ partnership.
This is not the act of a friend.”

https://www.marketindex.com.au/asx200

ASX down 1.69%

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Bobby. Gold Member Offline Australian Politics Posts: 112899 Melbourne Gender:	Re: Share market crash this morning. Reply #110 - Apr 3^rd, 2025 at 12:12pm Albo, Quote: A reciprocal tariff would be zero not 10%. Albo has lied as the Australian Govt charges 10% GST on all imports which is the same as a 10% tariff.
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Sir lastnail Gold Member Online Australian Politics Posts: 30580 Gender:	Re: Share market crash this morning. Reply #111 - Apr 3^rd, 2025 at 12:16pm Bobby. wrote on Apr 3^rd, 2025 at 12:12pm: Albo, Quote: A reciprocal tariff would be zero not 10%. Albo has lied as the Australian Govt charges 10% GST on all imports which is the same as a 10% tariff. and the gerry harvey tax on ALL imports including those below $1000 !! yes just double speak.
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freediver Gold Member Offline www.ozpolitic.com Posts: 51285 At my desk.	Re: Share market crash this morning. Reply #112 - Apr 3^rd, 2025 at 12:26pm Quote: Might be a few bargains to pick up though if anyone has some spare cash hanging about. Probably. But remember, no matter how bad things get, they can always get worse.
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Sir lastnail Gold Member Online Australian Politics Posts: 30580 Gender:	Re: Share market crash this morning. Reply #113 - Apr 3^rd, 2025 at 12:35pm Quote: Strangely missing from Trump’s list of countries he’s imposing tariffs on: Russia. Putin owns him.
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Bobby.

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Re: Share market crash this morning.
Reply #114 - Apr 3^rd, 2025 at 12:42pm

Sir lastnail wrote on Apr 3^rd, 2025 at 12:35pm:

Quote:

Strangely missing from Trump’s list of countries he’s imposing tariffs on: Russia. Putin owns him.

https://www.newsweek.com/white-house-explains-why-russia-not-included-trumps-new...

Russia is "not on this list because sanctions from the Ukraine war
have already rendered trade between the two countries as zero."

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greggerypeccary

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Re: Share market crash this morning.
Reply #115 - Apr 3^rd, 2025 at 12:46pm

Bobby. wrote on Apr 3^rd, 2025 at 12:42pm:

Sir lastnail wrote on Apr 3^rd, 2025 at 12:35pm:

Quote:

Strangely missing from Trump’s list of countries he’s imposing tariffs on: Russia. Putin owns him.

https://www.newsweek.com/white-house-explains-why-russia-not-included-trumps-new...

Russia is "not on this list because sanctions from the Ukraine war
have already rendered trade between the two countries as zero."

What about money laundering trade between The Trump Organisation and Putin's oligarchs?

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Leroy

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Re: Share market crash this morning.
Reply #116 - Apr 3^rd, 2025 at 1:25pm

greggerypeccary wrote on Apr 3^rd, 2025 at 12:46pm:

Bobby. wrote on Apr 3^rd, 2025 at 12:42pm:

Sir lastnail wrote on Apr 3^rd, 2025 at 12:35pm:

Quote:

Strangely missing from Trump’s list of countries he’s imposing tariffs on: Russia. Putin owns him.

https://www.newsweek.com/white-house-explains-why-russia-not-included-trumps-new...

Russia is "not on this list because sanctions from the Ukraine war
have already rendered trade between the two countries as zero."

What about money laundering trade between The Trump Organisation and Putin's oligarchs?

Lets see if you even know what you are talking about Greg.

Name what type of trade and which oligarchs?.

I'm sort of guessing you have no idea and will just let your TDS take over.

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Trump derangement syndrome
Fareed Zakaria defined the term as "hatred of President Trump so intense that it impairs people's judgment"

Lets check in at 5pm on 23rd July 2025 then at 5pm on 30th July

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Bobby.

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Re: Share market crash this morning.
Reply #117 - Apr 3^rd, 2025 at 4:38pm

Looks like Trump has banned all beef imports from Australia?

But the ABC is not saying that directly. Undecided

https://www.abc.net.au/news/2025-04-03/australian-beef-singled-out-in-donald-tru...

Trump
Quote:

"Australia bans — and they're wonderful people, and wonderful everything — but they ban American beef.

"Yet we imported $[US]3 billion [$4.8 billion] of Australian beef from them just last year alone.

"They won't take any of our beef.

"They don't want it because they don't want it to affect their farmers and, you know, I don't blame them but we're doing the same thing right now, starting at midnight tonight, I would say."

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greggerypeccary

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Re: Share market crash this morning.
Reply #118 - Apr 3^rd, 2025 at 4:44pm

Leroy wrote on Apr 3^rd, 2025 at 1:25pm:

greggerypeccary wrote on Apr 3^rd, 2025 at 12:46pm:

Bobby. wrote on Apr 3^rd, 2025 at 12:42pm:

Sir lastnail wrote on Apr 3^rd, 2025 at 12:35pm:

Quote:

Strangely missing from Trump’s list of countries he’s imposing tariffs on: Russia. Putin owns him.

https://www.newsweek.com/white-house-explains-why-russia-not-included-trumps-new...

Russia is "not on this list because sanctions from the Ukraine war
have already rendered trade between the two countries as zero."

What about money laundering trade between The Trump Organisation and Putin's oligarchs?

Lets see if you even know what you are talking about Greg.

Name what type of trade and which oligarchs?.

I'm sort of guessing you have no idea and will just let your TDS take over.

According to Trump’s former real-estate partner and other sources who are familiar with the internal workings of the Trump Organization, his post-’90s revival may have really begun in the early 2000s with the Bayrock Group, which rented offices two floors down from Trump’s in Trump Tower. Bayrock was run by two investors who would help to change Trump’s trajectory: Tevfik Arif, a Kazakhstan-born former Soviet official who drew on seemingly bottomless sources of money from the former Soviet republic; and Felix Sater, a Russian-born businessman who had pleaded guilty in the 1990s to a huge stock-fraud scheme involving the Russian mafia.

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Jasin Gold Member Offline Posts: 53070 Gender:	Re: Share market crash this morning. Reply #119 - Apr 3^rd, 2025 at 8:27pm Any country holding onto Leftism, like the ALP, are going to find it tough going against Trump. He'll reward those who are not.
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