This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Inflation

Jump to new
If Republicans grab house or senate expect nothing to be done for a while. They will block everything dems put up.
 
moXJO said:
If Republicans grab house or senate expect nothing to be done for a while. They will block everything dems put up.
Click to expand...
depends if it is the RINOs or the populist faction , the RINOs are as intertwined with the neo-cons as the Dems not much change if the RINOs are the pivotal faction
 
remember Harris has the tie-breaker vote in the Senate currently and she hardly even needs to use it ,
 
over9k said:
OPEC now considering 2 million cut.
Click to expand...
well if that price cap thing was to get some traction , some of the smaller producers would be close to break-even ( and no incentive to export at all ) remember production costs are rising for most producers
 
divs4ever said:
well if that price cap thing was to get some traction , some of the smaller producers would be close to break-even ( and no incentive to export at all ) remember production costs are rising for most producers
Click to expand...
S&P futures are the best at the moment which means energy will be an outlier today.

I'm planning on selling once opec make the confirmation (any confirmation). People are just buying on yet another rumour.
 

The UN Demands All Central Banks Stop Rate Hikes And Switch To Price Controls Instead​


The UN Demands All Central Banks Stop Rate Hikes And Switch To Price Controls Instead | ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
www.zerohedge.com

now of course one must wonder how many CBs will take any notice of the UN


i hold BPT ( 'free-carried ' ) and am in a very nice position there , so am unlikely to sell ( or reduce them ) , now WDS will be a tougher decision , i am in positive territory ( thanks to the BHP spin-off ) and the TEG holding .. i may as well ride it over the full course
 
over9k said:
OPEC now considering 2 million cut.
Click to expand...

OPEC determined to fund Putin's war in Ukraine. They will have blood on their hands, but it's not surprising to hear that Saudi Arabia is the driving force behind this. A country that would murder and dismember its own citizen in one of their overseas embassies isn't exactly what you would call a paragon of virtue.

Saudi Arabia hasn't condemned Russia's invasion of Ukraine. Why? Because murderous authoritarians stick together when times get tough.
 
OPEC has realized the G7 and climate change are trying to destroy their economies , .. true virtue is a rare thing maybe Saudi Arabia is the only one caught out ( since the victim walked in of his own will and was recorded on surveillance cameras )
 
divs4ever said:
The UN Demands All Central Banks Stop Rate Hikes And Switch To Price Controls Instead
Click to expand...
Price controls really just swaps rising prices for physical shortages in terms of the ultimate outcome.

It's still bad for the average person just in a different way. Instead of spending more to buy something, you instead spend time and money (fuel etc) going from shop to shop trying to find one that has what you want to buy.
 
And now this is happening:



Talk about a wild ride. NRGU running to 481, dropping to 444 after opec's confirmation, and then on this headline above has then rebounded and run to 479 & counting.

Edit:



You could plot a sine wave over this thing.
 
Last edited:
Yeah I'm running BOIL as my gas play. Still, this last NRGU run has kept me in lapdances for the next ~6 months so I'm sweet.
 
of course price caps rely on the compliance of business/public , the black market might literally explode ( with new products and customers ) and if the black market swells government revenue via sales tax and excise plummets .. but then i suppose they will use that tax avoidance to impose CBDCs .. and then try to stop the return of gold and silver as trading currency
 
Do you really believe the standard of living in France is high.
This was true 40y ago but no way true anymore.
Only retirees are having it good
Unemployment above 9%, real jobs impossible to get
min wages at 11 euro per hour or 17 aud, in Australia it is $21...
And french minimal wage only applies to adult, full time employees etc etc
Moreover it is the actual income of from memory a third of workers
Crime and housing crisis for the last 30y
Compare that to Australia.
Even to a French, we are a nation of spoiled brats absolutely unaware of their luck, and that was a big worry for my son who is born and bred here, so we did intensive travel to put things in perspective.
Long gone is the time of the Aussie battler, ingenuity,free spirit and independence i so liked 3 decades ago when i came.
Look around you.. Victoria elections coming, etc
i do not expect much when sxxt will hit the fan.
 
if Victoria re-elects Andrews they deserve what they get , if the election is rigged and they tolerate that , they still deserve the consequences

regarding France i was there briefly in 1990 ( less than a week as part of a larger tour ), but maybe that tendency to riot and strike readily is why their standard of living is higher than Eastern Europe

regarding Australian ingenuity , i am now retired so no longer do i provide my impromptu fixes ( now expressly banned in 4 former workplaces ) Australia enjoy what you asked for
 
You must log in or register to reply here.

Similar threads

M
Cooling Australian Property Market Signals Economic Trends
Replies
1
Views
1K
Joe Blow
Retirement-Semi Retirement, (Tech/a personal study) implementation and discussion
2 3 4
Replies
63
Views
10K
tech/a
Eggs - a Livestock and Meat commodity
3 4 5
Replies
87
Views
6K
qldfrog
February 2025
2 3 4
Replies
64
Views
8K
ducati916
When will the Great Financial Ponzi end?
2 3 4
Replies
69
Views
5K
divs4ever