sharetrader

Thread: Black Monday

  1. #13671
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,643

    Default

    Quote Originally Posted by LEMON View Post
    Sure the narrative will be to blame crypto, anyone who understood bitcoin already told you crypto was a VC scam, what the media narrative won't tell you is that this is a centralized fiat currency debt spiral, and with no way to fix the broken system, FED is no longer in control, it's not a "crypto" token bank, it's a fiat fractional bank

    Either way crypto and fiat is a Ponzi
    China and most Asian countries banned crypto while the US & the West (like NZ) happily let their citizens be scammed.

    Accident waiting to happen and it is happening.

  2. #13672
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,643

    Default

    Quote Originally Posted by LEMON View Post
    China's opening back up to "crypto" - Bitcoin, look at their plans with hong kong being the "crypto" hub, the banning is old news
    Garbage.

    China is launching a digital currency. It’s old news.

  3. #13673
    Senior Member
    Join Date
    Sep 2020
    Posts
    729

    Default

    Quote Originally Posted by Balance View Post
    Garbage.

    China is launching a digital currency. It’s old news.
    They have their cbdc, yet they are looking to use hong kong as a crypto hub

  4. #13674
    Senior Member
    Join Date
    Sep 2020
    Posts
    729

    Default

    Quote Originally Posted by Balance View Post
    Garbage.

    China is launching a digital currency. It’s old news.
    Who cares anyway, we both agree, crypto is a scam, and bitcoin is hard to understand I get it, if you don't understand bitcoin don't buy it simply, yet we should all at least own something of the equivalent, debasement is going to be rough, gold, silver, property, energy sector, food resources

  5. #13675
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    21,643

    Default

    Quote Originally Posted by LEMON View Post
    They have their cbdc, yet they are looking to use hong kong as a crypto hub
    Hong Kong as a crypto hub … under a communist regime? Now that’s a good one!

  6. #13676
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    7,006

    Default

    It's almost official....

    https://www.stuff.co.nz/business/131...cember-quarter

    All five major banks now forecasting economy shrank in December quarter

  7. #13677
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    37,914

    Default

    Quote Originally Posted by nztx View Post
    It's almost official....

    https://www.stuff.co.nz/business/131...cember-quarter

    All five major banks now forecasting economy shrank in December quarter
    They are all wrong ……the RBNZ forecast 0.7% growth ……can’t be too far off

    No matter what govt gave me a decent payrise today
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #13678
    Legend
    Join Date
    Dec 2009
    Location
    Everywhere
    Posts
    7,006

    Default

    Quote Originally Posted by winner69 View Post
    They are all wrong ……the RBNZ forecast 0.7% growth ……can’t be too far off

    No matter what govt gave me a decent payrise today

    Growth in what - the cost of new chairs in Govt frontbenches after Bellamy's new menus come out on 1 April
    adding also a new range of indigenous offerings .. ?

    Got to be positive about these things

    At least the Politicians wont fall through the new chairs for a while .. with extra strengthening and padding

    When do we see how much increase they got themselves for overseeing the unfolding shambles ?
    Last edited by nztx; 13-03-2023 at 05:18 PM.

  9. #13679
    ShareTrader Legend bull....'s Avatar
    Join Date
    Jan 2002
    Location
    auckland, , New Zealand.
    Posts
    11,074

    Default

    the working class help pay for your pay rise thru increased fuel taxes and end of public transport subsidy
    one step ahead of the herd

  10. #13680
    Guru justakiwi's Avatar
    Join Date
    Aug 2016
    Location
    Canterbury
    Posts
    2,569

    Default

    As someone who is most definitely "working class" I have no objection to winner69 getting a pay rise, if he has put his best effort into whatever job he does, and has met his employers expectations.

    Every person who pays taxes, or buys things, or uses a service - is indirectly paying for somebody's pay rise.



    Quote Originally Posted by bull.... View Post
    the working class help pay for your pay rise thru increased fuel taxes and end of public transport subsidy

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •