Black Monday

[thegreatestben]

I don't think $5 per litre of fuel is going to help with the cost of living. Everything you and I consume is transported via trucks that consume diesel fuel and that's not going to change in the next 20+ years.

[BlackPeter]

I don't think $5 per litre of fuel is going to help with the cost of living. Everything you and I consume is transported via trucks that consume diesel fuel and that's not going to change in the next 20+ years.

You are right ... though 20 years is a long window ... things might well change until then.

Anyway - currently too many people clearly have still too many resources at their avail - the fact that they waste these resources and even use them to destroy the planet instead of using them to survive is clear evidence.

But hey - maybe its just evidence for the stupidity of the human race, which Einstein said is unlimited ... ?

[bull....]

nzx not having a good day so far i have initial supports at around 10700 and then around covid lows but nothing is assumed in this environment thats for sure , i mean bear market

[SailorRob]

Petrol still ways too cheap.

Too many idiots still can afford to cruise with their gas guzzlers night after night through town. Boyracers still burning fuel and diesel to annoy and endanger the neighbourhood, kids can still afford to endanger and annoy the neighbourhoods with their illegal and dangerous motocross activities ... and the queue of big gas guzzling four wheel drives picking up kids from school (and bringing them home on sealed roads) seems to get longer rather than shorter.

Waiting for $5 per litre, maybe this might settle it?

We're in the middle of a damn ice age. The holocene. The ground freezes 60 inches deep in Chicago...

How much hydrocarbon is burnt for warming?

Is global warming, excuse me, climate change, about the environment or global socialism?

[mike2020]

I think it's really about pollution and the toxic environment we are creating. Apparently they have recently discovered microplastics can bridge the membranes from blood stream to brain. Air land and sea all under threat. Nothing to do with CO2.

[nztx]

nzx not having a good day so far i have initial supports at around 10700 and then around covid lows but nothing is assumed in this environment thats for sure , i mean bear market

If this is what Friday the 13th brings, what does Monday have in Store ?

Even Crypto has had a huge slump - $320 Bil

https://www.stuff.co.nz/business/wor...-in-single-day

Might be a time to be a fair quotient cashed up probably in something other than the local fiat

With the way confidence levels locally are, the guts could drop out of the Kiwi $ as well

[SailorRob]

I think it's really about pollution and the toxic environment we are creating. Apparently they have recently discovered microplastics can bridge the membranes from blood stream to brain. Air land and sea all under threat. Nothing to do with CO2.

I'm bloody terrified. My only hope is that there will be a tax that can save us.

[Panda-NZ-]

I think it's really about pollution and the toxic environment we are creating. Apparently they have recently discovered microplastics can bridge the membranes from blood stream to brain. Air land and sea all under threat. Nothing to do with CO2.

I like to stick to either steel or glass for drinks. stops the plastic shedding into me.

[Tomtom]

futures selling off now
cnbc quoting powell just said a soft landing may be hard to acheive.

Reserve Banks had one job...

[Bjauck]

Petrol still ways too cheap.

Too many idiots still can afford to cruise with their gas guzzlers night after night through town. Boyracers still burning fuel and diesel to annoy and endanger the neighbourhood, kids can still afford to endanger and annoy the neighbourhoods with their illegal and dangerous motocross activities ... and the queue of big gas guzzling four wheel drives picking up kids from school (and bringing them home on sealed roads) seems to get longer rather than shorter.

Waiting for $5 per litre, maybe this might settle it?

People can still afford to take their gas guzzlers to their bachs at the weekend, and Aucklanders are looking forward to flying down to the South Island this Winter for ski weekends after commuting in the SUV in queues of traffic for work.