ygidorp
Senior Member
Posts: 197 
Likes: 282
|
Post by ygidorp on Mar 15, 2020 22:40:48 GMT 10
Same. It irritates me that I have non-deductable debt (aka home loan) but I am forced to put money into what is effectively a taxed and inaccessible savings account. Good for those who are bad at self-managing their money. Bad for those who work hard and invest hard. |
|
spatial
Senior Member
Posts: 2,396
Likes: 1,560
|
Post by spatial on Mar 16, 2020 5:17:33 GMT 10
|
|
|
|
Post by SA Hunter on Mar 16, 2020 8:54:18 GMT 10
|
|
myrrph
VIP Member
trying to figure out how to change my nick :P
Posts: 1,075
Likes: 1,232
|
Post by myrrph on Mar 16, 2020 13:37:47 GMT 10
it will become negative soon... some economies already have negative interest
|
|
spatial
Senior Member
Posts: 2,396
Likes: 1,560
|
Post by spatial on Mar 16, 2020 21:25:22 GMT 10
US dropped interest rates to zero and pumped $700bn into market to no avail, pre-trading has gone into a halt with more than 5% drop.
Aus stock market (ASX) down almost 10% today.
|
|
spatial
Senior Member
Posts: 2,396
Likes: 1,560
|
Post by spatial on Mar 17, 2020 8:42:05 GMT 10
US stocks down 12% across the board, everything sold including gold as companies run out of operational capital. For example Boeing bought $100bn of own shares a few months back to make the company still look good. With their shares down close to 24% overnight that is a big financial bleed - companies hiding their financial problems are going to be exposed - expect massive bankruptcies in the next few weeks.
The company I work for remote office has now decided to divide the various team (marketing, engineering, financial, HSEC) in half - and work every second day from home. To reduce the probability that an entire team gets taken out by the virus.
|
|
blueshoes
Senior Member
Posts: 609
Likes: 700
Location: Regional Dan-istan
|
Post by blueshoes on Mar 17, 2020 9:25:12 GMT 10
that better not get reported on our TV/mainstream news if the reporters know whats good for them- they won't escape the effects of it themselves |
|
|
|
Post by SA Hunter on Mar 17, 2020 12:17:25 GMT 10
|
|
Ammo9
VIP Member
Enter your message here...
Posts: 1,814
Likes: 2,667
|
Post by Ammo9 on Mar 27, 2020 15:01:25 GMT 10
|
|
blueshoes
Senior Member
Posts: 609
Likes: 700
Location: Regional Dan-istan
|
Post by blueshoes on Mar 27, 2020 15:41:59 GMT 10
|
|
grumble
Senior Member
Posts: 457
Likes: 778
|
Post by grumble on Mar 27, 2020 17:01:53 GMT 10
that better not get reported on our TV/mainstream news if the reporters know whats good for them- they won't escape the effects of it themselves i went to the servo today and went to pay for my fuel and was abruptly told they were no longer accepting cash as payment i had a good laugh at that I paid in cash |
|
wanderer
Senior Member
Posts: 141
Likes: 140
|
Post by wanderer on Mar 27, 2020 17:05:09 GMT 10
Looks like the cops just dont care, awesome live stream! |
|
ml8300
Senior Member
Posts: 191
Likes: 214
|
Post by ml8300 on Mar 27, 2020 17:21:14 GMT 10
Just heard from a mate via the raaf, take all tools home today, government announcement on Sunday, could be locking down.
|
|
grumble
Senior Member
Posts: 457
Likes: 778
|
Post by grumble on Mar 27, 2020 17:25:54 GMT 10
nah that's not mexico wrong uniforms and the police / military guys had the wrong firearms |
|
bug
Senior Member
Posts: 2,316
Likes: 1,934
|
Post by bug on Mar 27, 2020 18:07:26 GMT 10
Just heard from a mate via the raaf, take all tools home today, government announcement on Sunday, could be locking down. Defence force has been told to suspend all training so that they can assist with lockdown measures. Sounds similar to what has happened in Spain and Italy. |
|
Jul 7, 2024 11:02:41 GMT 10
Jul 7, 2024 11:02:41 GMT 10
