They've been out of touch since the Miserable Ghost was PM.
The only possible worse outcome than the coalition winning is for this government to be returned ;)
I'm holding off on any bottom picking for now, in deference to Confucius' sage trading advice. :p
Futs looking fugly.
(Wishing I could brag about having shorted the crap out of everything. Alas, no :( )
And the Sword of Damocles has been hanging over world markets for some time, once again by "creative" derivatives.
It was never going to take much to cause the piece of string to snap. In a more conservative financial regime, there world hardly be a blip over these tariffs IMO.
From @HashemAllMighty on X. Pretty spot on IMO
For 18 months now, Western mosques, Muslim NGOs, and the Islamists terrorizing our streets have explained their outbursts with cries of "genocide" in Gaza. Yet, the truth — which reasonable people have known all along — continues breaking through...
Tariffing uninhabited islands by name prevents tarriffed nations from pulling a fast one and trying to say goods are "from" the uninhabited island themselves, for example the fisheries.
This sort of silly mockery is typical of first order thinking, never going past the first, paper thin...
Yeah me too, bought the Ponderosa with "cash", no problems whatsoever.
But looking at possibly buying a pile of bricks overseas ATM. Could it be a problem then? Or what if I want to buy someone's hitherto unknowingly clapped out $4itheap of a ute for $30,000, and the dodgy meth-head will only...
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