Forum Replies Created
Yes, It was all Sarcastic, and no, I wasn't attacking you… just in case you thought so
hahahah, Didn't you know that I have a good sense of Humor Im sick of people calling me Mr Doom of Gloom.If anything my post was more of a funny then a serious attempt at Converting the Sheep
And yes, I do realize that the Rio Tinto Article was for raising equity, Not a new bank loan, as such… I thought you would just read the headline and not the whole article, lol, Im impressed.
But I don't need a news article to tell me that the increased Business borrowing is to sustain business operations, If businesses profits are plundering into the abyss and 50% of businesses are firing staff to cut costs so they can tread water, Its obvious business are accessing credit to continue operation, Its a no brainer really, Sure.. Not EVERY business is going bankrupt and contracting, But im positive that a large portion of businesses are suffering pain and are making up the shortfall with credit…. I know many many close examples in my own city… So why wouldn't it be the same everywhere else ?
Besides… When is the expansion of debt a factor of good business fundamentals ???? im really confused… People continue to link prosparity with credit and debt…. This couldnt be any further from the truth…
Who do you think Credits the world ? China, It is with China's MASSIVE production base and HUGEMUNGOUS Trade Surplus's that they can afford to lend us money so we can spend it on Plasma TV's and VE SS's
Government is the same as Pro Wrestling… WWF, WWE or even Jerry Springer, Its just show business and the puppets pretend to throw sticks at each other while continually pushing through the same adgenda through the generations…
I wouldn't vote for Pauline Hanson, She isnt smart enough…. If there was a guy like Ron Paul in Australia, I would Register and vote for him… But while I see puppets throwing mud at the opposing puppet I will stay Annomous
Yes, your right, I doubt any Australian banks will falter, Especially now that they are Government Guaranteed, After all, If the government is involved its reliability is second to none.
Ohh… well except for the collapse of the State Bank of South Australia in 1992
http://en.wikipedia.org/wiki/State_Bank_of_South_Australia
Yes, Our economy is much that way, The strength of our economy is based in the perception of its strength, Not on its actual strength… But they are very good fundamentals none the less.
Our banks are paramount, With strong institutions in Australia like Suncorp and other strong banks cutting there dividends by 25% like Westpack, Its no wonder why everyone is fleeing to our money markets and making our dollar rally so much
Dam… Im going to loose all my money on the shorts I placed on Australian banks…. Oh wait, thats impossible… Shorting Banks In Australia is Banned atm
Our Subprime was not as bad as it has been in the US, that's correct It was much much better
our boom is nothing compared to theres, We are so beating them its not funnyhttp://www.whocrashedtheeconomy.com/ausrealhomeprices.gif
Recession ? are you a economic terrorist ? There is no recession, There never will be… not in Australia anyway..
http://www.abc.net.au/news/stories/2009/03/19/2520741.htm?section=business
"My point is, compared to many other economies, it is not as bad. So why wouldn't weaker economies lend Australia money? "
How and why would a country with a weaker/worse economy then ours lend us money ? huh ? Can two broke country's lend each other money to spend our way into prosparity ? I didn't know we could do that !! someone ring Krudd right now ! Its time to ring the zimbabwe central bank !
Not that us saving Australians need a loan anyway
http://www.debtdeflation.com/blogs/wp-content/uploads/2008/03/IMG0010_739046.PNG"but did you know that business lending is also up? What does that suggest?"
It suggests that our economy is heading into another boom as business struggle to keep afloat with sinking profits and thus have to borrow more money to survive
http://www.news.com.au/perthnow/story/0,,24975203-951,00.htmlGovernment….ohh… I don't like either candidate, None of them know anything about running the state or anything about the economy, They are all working for the same people anyway.. Im not even registered to vote…
I'll take the easy way out and explain that with a documentary.
http://www.youtube.com/watch?v=eAaQNACwaLwWhat will happen when Interest rates rise ? The economy will implode and the bank's will own basically everything in the country
Maybe it would be better to know when they will rise… Why don't you ring up the RBA and ask for a list of Shareholders so you can ring them up and ask them when they plan on raising interest rates in Australia ?
I hope that helps
heheheAnd I don't believe I have EVER said I was an Expert at anything…
I'm just a Critical Thinking Researcher
Oh… I'm pretty good at plastering though
Got any joins to set ? …Ill come set them for some Cash and a few Bruski's How much silver do they have left ? Im not sure, I would have to find out… but
from my research there was 10 billion ounces of silver available in 1945, And now there is only 1 billion ounces left, I think shortfalls will be very noticeable within a few years, The artificial price of silver does not make it worth mining, But at the same time it is both a precious metal and a Industrial commodity…. Look at the prices of any other metals, How can silver with its historical monetary value and the huge demands on it stay anywhere near $20 ?
Hmmm, Maybe when people stop watching TV, reboot there brain and wake up, They might realize that Buying carbon credits from the world bank to "stop global warming" is just a big fraud
Maybe when peoples pay packet continues to buy less and less and less, They might start refusing to pay there global warming tax to these criminals and start Rioting ! ?
Oh wait, Protesting is an act of "terrorism" now because of those invisible hidden boggy man terrorist's in a cave that are coming to get you that the government made up
Im sick of people calling me Mr Doom of Gloom.
our boom is nothing compared to theres, We are so beating them its not funny
