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08-12-2020, 02:39 PM
#8771
Originally Posted by Biscuit
Problem is, the only lesson anyone is learning is that you "win" by bullying people weaker than you. Not a great lesson in any context but particularly bad in this context if you happen to be a small, weak, isolated trading nation.
I know ... just tried to remind people that it was the West (including Australia) introducing the internationally more and more prevailing bully culture. We always have been happy with the law of the jungle as long as we were been the stronger ones.
Futile to complain about the situation and difficult to change the rules of engagement as soon as we see us on the losing end. However - I think first Australia should clean up their own record and then they could friendly ask for China to play fair as well ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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08-12-2020, 03:23 PM
#8772
Originally Posted by BlackPeter
I know ... just tried to remind people that it was the West (including Australia) introducing the internationally more and more prevailing bully culture. We always have been happy with the law of the jungle as long as we were been the stronger ones.
Futile to complain about the situation and difficult to change the rules of engagement as soon as we see us on the losing end. However - I think first Australia should clean up their own record and then they could friendly ask for China to play fair as well ...
Yes, it all goes back to Trump and his band of idiots. Hopefully sanity will start to reassert itself now, if it is not too late.
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08-12-2020, 04:15 PM
#8773
Australia Passes Law That Can Scrap China Belt and Road Accords
https://www.bloomberg.com/news/artic...d=premium-asia
one step ahead of the herd
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11-12-2020, 06:52 AM
#8774
LONDON — The European Central Bank on Thursday expanded its massive monetary stimulus program by another 500 billion euros
https://www.cnbc.com/2020/12/10/ecb-...ce-weighs.html
more central bank stimulus , US will reach there before xmas is my guess. i see weed is going mainstream in US with celebrities entering the fray now, i read of two now mike tyson and now jay z but i guess when all these type of people are entering you know it is going mainstream normal.
Jay-Z becomes the latest cultural influencer to launch his own cannabis brand
https://www.cnbc.com/2020/12/10/jay-...bis-brand.html
Unfortunately for NZ we will miss the boat again we missed the hemp industry years ago cause they thought hemp was a drug lol
this weeks traditionally quiet to down week for stocks in the US so whats happening is perfectly in tune.
one step ahead of the herd
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11-12-2020, 10:38 AM
#8775
House prices skyrocket to new high, most properties sold since 2007 - REINZ
According to the Real Estate Institute of New Zealand (REINZ), 9885 residential properties were sold last month, up a massive 29.6 percent from November 2019. That's the highest number of properties sold since March 2007 and the most November sales since 2006.
The median national house price jumped to a new high of $749,000, an increase of 18.5 percent from $632,000 a year ago. It's also up $24,000 since October.
https://www.newshub.co.nz/home/money...007-reinz.html
should get double digit increases next year too unless the world collapses or ardern does something radical both probably low risk events
one step ahead of the herd
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14-12-2020, 10:09 AM
#8776
Market not open today? Has it crashed?
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15-12-2020, 07:36 AM
#8777
So if you think 2020 has been a fantastic year to be in the sharemarket, wait for 2021.
https://finance.yahoo.com/news/tidal...223040323.html
There has been so much $$$ created out of thin air and so much savings still sitting in cash - a result of the fear factor driving many investors to cash up and wait on the sideline this year.
There is in fact more cash sitting in banks than there was during the GFC.
Where will that cash go?
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15-12-2020, 09:16 AM
#8778
Member
Originally Posted by Balance
So if you think 2020 has been a fantastic year to be in the sharemarket, wait for 2021.
https://finance.yahoo.com/news/tidal...223040323.html
There has been so much $$$ created out of thin air and so much savings still sitting in cash - a result of the fear factor driving many investors to cash up and wait on the sideline this year.
There is in fact more cash sitting in banks than there was during the GFC.
Where will that cash go?
Obviously the cash will stay in the bank, duh
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15-12-2020, 10:21 AM
#8779
Originally Posted by Balance
So if you think 2020 has been a fantastic year to be in the sharemarket, wait for 2021.
https://finance.yahoo.com/news/tidal...223040323.html
There has been so much $$$ created out of thin air and so much savings still sitting in cash - a result of the fear factor driving many investors to cash up and wait on the sideline this year.
There is in fact more cash sitting in banks than there was during the GFC.
Where will that cash go?
What a poorly disguised advertorial. Hope you didn't sign up for the event then the course/fund/scam they are pushing.
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15-12-2020, 10:26 AM
#8780
Originally Posted by Entrep
What a poorly disguised advertorial. Hope you didn't sign up for the event then the course/fund/scam they are pushing.
Says Entrep who panicked this year and as they say, the rest is history.
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