Black Monday

[bull....]

pretty poor budget , more lollies (free money) for business owners to delay the unemployment spike to after the election lol , housing that wont be built ( kiwibuild comes to mind) no iniatives for growth just a lollie scramble with tax payers to foot the bill later on.

nothing to stop the wave of hardship coming and bigger low income group supported by more welfare.

see the volumes are well down on the nzx today , punters gone back to the pokies

[Timesurfer]

see the volumes are well down on the nzx today , punters gone back to the pokies

Probably because the budget was so full of the certainties businesses are hanging out for. Until Jones or Winston throw the money up in the air we still have no real idea of who is going to grab it. Although, horses are obviously their addiction rather than pokies.

[moka]

pretty poor budget , more lollies (free money) for business owners to delay the unemployment spike to after the election lol , housing that wont be built ( kiwibuild comes to mind) no iniatives for growth just a lollie scramble with tax payers to foot the bill later on.

nothing to stop the wave of hardship coming and bigger low income group supported by more welfare.

see the volumes are well down on the nzx today , punters gone back to the pokies

Bull, you say it is a pretty poor budget, and I am interested to know what you think would have been better, so list three or four things that would have made it a better budget in your opinion.

[Panda-NZ-]

RBNZ announced a war on term deposits yesterday , vowing to drive them right down to benefit mortgage borrowing , banks are now dropping rates today

Yes the nzx has good prospects longer term due to people having little alternative. In the short term people moving to cash may cause some changes but while these rates are low it's hard to see that people will avoid it for long.

[bull....]

Bull, you say it is a pretty poor budget, and I am interested to know what you think would have been better, so list three or four things that would have made it a better budget in your opinion.

im a bit rushed today so dont have much time today

ive said on this thread before about bring back int students , leverage our good covid position can be done other industries as well
invest in business start ups , no good doing all the retraining etc if no jobs later anyway
money should have been better targeted
eg last yr free study not first
tourism ad spending waste money
a lot of wage subsidy is just delaying the enevitable would have been better spent increasing job seeker

anyway lots more but im rushed today so enjoy your day

[clip]

Chart today, hope your bounce trade still open bull

Attachment 11578

[Balance]

https://www.nzherald.co.nz/world/new...ectid=12332135

Trump threatens to cut off all relationship with China.

Hope it happens!

Can’t wait to see the life support system of the US$ as reserve currency cut off and US forced to live within its means.

Bring it on!

Keep your powder dry though as could be some great bargains coming up in the US market.

[BlackPeter]

https://www.nzherald.co.nz/world/new...ectid=12332135

Trump threatens to cut off all relationship with China.

Hope it happens!

Can’t wait to see the life support system of the US$ as reserve currency cut off and US forced to live within its means.

Bring it on!

Keep your powder dry though as could be some great bargains coming up in the US market.

Impossible. Trump will not and can not cut ties to China.

Just ask yourself from where the liar in chief would source the red MAGA hats to distinguish his idiotic followers? They are made in China ...

Obviously - he would need as well to find quite fast new sources for clothes / car parts / medication / electronic components / cell phones and many other crucial products. Obviously - the idiot does not know that most of these things are produced in China, but his suffering country for sure would find out quite soon.

[causecelebre]

https://www.nzherald.co.nz/world/new...ectid=12332135

Trump threatens to cut off all relationship with China.

Hope it happens!

Can’t wait to see the life support system of the US$ as reserve currency cut off and US forced to live within its means.

Bring it on!

Keep your powder dry though as could be some great bargains coming up in the US market.

More blow from an arseclown to fuel the fire of anti-chinese sentiment of his constituency in a translucent attempt to deflect away the reality of his singularly inept response to the virus

[Baa_Baa]

https://www.nzherald.co.nz/world/new...ectid=12332135

Trump threatens to cut off all relationship with China.

Hope it happens!

Can’t wait to see the life support system of the US$ as reserve currency cut off and US forced to live within its means.

Bring it on!

Keep your powder dry though as could be some great bargains coming up in the US market.

Remember the mantra, before infrastructure investment to recover an ailing economy, is start a war. The USA is good at that.