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Thread: Black Monday

  1. 13-11-2019, 02:17 PM #5931
    bull....
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    Quote Originally Posted by stoploss View Post
    I don't think anyone was looking for an increase
    lol typing in a hurry i meant i was thinking no decrease in ocr
    one step ahead of the herd
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  2. 13-11-2019, 03:32 PM #5932
    winner69
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    Quote Originally Posted by bull.... View Post
    just as we thought no increase in ocr and the dollar has sky rockted
    Wise move by Orr this time around.

    He’s on holiday now until February I think ...that’s good
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  3. 13-11-2019, 03:47 PM #5933
    macduffy
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    Yes, I'm pleased to see we've given up trying to win the race to the bottom.
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  4. 13-11-2019, 04:00 PM #5934
    dobby41
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    Quote Originally Posted by macduffy View Post
    Yes, I'm pleased to see we've given up trying to win the race to the bottom.
    I don't think we ever started.
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  5. 14-11-2019, 06:18 AM #5935
    bull....
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    The 2020s are set to be an economic turning point, says global banking giant

    https://www.abc.net.au/news/2019-11-...ction=business

    interesting read
    one step ahead of the herd
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  6. 14-11-2019, 08:20 AM #5936
    BlackPeter
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    Quote Originally Posted by bull.... View Post
    The 2020s are set to be an economic turning point, says global banking giant

    https://www.abc.net.au/news/2019-11-...ction=business

    interesting read
    ... it is, thanks for sharing.

    While some of their findings appear to be somewhat mutually exclusive and / or US centric - it is certainly worthwhile to expect and plan for various tipping points over the next decade. What humans make out of the new trends - I guess everything from infinite misery through to a new more sustainable and peaceful global society is thinkable.
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)
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  7. 14-11-2019, 09:07 AM #5937
    RTM
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    Quote Originally Posted by BlackPeter View Post
    ... it is, thanks for sharing.

    While some of their findings appear to be somewhat mutually exclusive and / or US centric - it is certainly worthwhile to expect and plan for various tipping points over the next decade. What humans make out of the new trends - I guess everything from infinite misery through to a new more sustainable and peaceful global society is thinkable.
    Yes...thanks for sharing from me to. Would be interesting to read the original report. Might be a bit weighty.
    Hope to re-read it in 2030.
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  8. 14-11-2019, 01:15 PM #5938
    blobbles
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    Same site, even better article I thought: https://mobile.abc.net.au/news/2019-...erian/11700696

    The other one from the ABC has a funny piece in it where they appear to say over 65s tend to save more than those under 5! No surprises there..
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  9. 16-11-2019, 12:16 PM #5939
    winner69
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    Apparently the US markets have shot through the FOMO stage and heading through greed to euphoria

    That’s good

    And a Santa rally or whatever they call it to come
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  10. 16-11-2019, 12:42 PM #5940
    blobbles
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    Apparently global debt is set to reach NZD 400tn by the end of the year. NZD 52k for every person on the planet.

    Anybody see a problem with this?
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