Plenty of work for most. The mining boom was just about to get going and property went 6x not long after. Tech wrecked for a bit, gold was super cheap. I was in Brisbane about 2000-2001 and Australia was on the cusp of exploding into opportunities.
Plenty of work for most. The mining boom was just about to get going and property went 6x not long after. Tech wrecked for a bit, gold was super cheap. I was in Brisbane about 2000-2001 and Australia was on the cusp of exploding into opportunities.What happened during the tech bust & GFC RE: jobs? Where jobs figures similarly scrutinized?
NORMALLY , yesTwo peaks to inflation?
I would disagree, as Ukraine has demonstrated:if Trump was US President a major war was possible , but since he isn't a civil war ( or revolution ) is more likely
Wut?I would disagree, as Ukraine has demonstrated:
again and again, the US goes to serious war when under Democrats, not Republicans and we are already witnessing a major hardly proxy war there.
I doubt the US can afford, militarily speaking, starting a new one now: just depleted stocks of everything.
A little bit of History from Reuters might be required here.I would disagree, as Ukraine has demonstrated:
again and again, the US goes to serious war when under Democrats, not Republicans and we are already witnessing a major hardly proxy war there.
I doubt the US can afford, militarily speaking, starting a new one now: just depleted stocks of everything.
Carter was a democrat, Ford a republican.Carter and Ford join Trump in not starting or escalating existing foreign conflicts with U.S. military involvement.
I like when you add facts to my points?A little bit of History from Reuters might be required here.
Carter was a democrat, Ford a republican.
World War 2 , Democrat Harry Truman in charge.
Korean War, Democrat Harry tTuman again.
Vietnam - Eisenhower, republican, sent first aid to South Vietnam, also ordered the coups in Iran and Guatamalea.
Vietnam - Big time, democrat JF Kennedy upped the ante in Vietnam and started the Bay of Pigs confrontation with USSR.
Vietnam Upped the ante again , democrat Lyndon Johnson, also got involved in Laos and Cambodia
Vietnam end, republican, Richard Nixon, also got involved in Yom Kippur between Israel , Egypt and Syria. Nixon also started the "War on drugs".
Invasion of Grenada - Republican Ronald Reagan , also upped the anti with the bombing of Libya, involved in Iran Iraq war, plus sending troops to Lebanon.
First Persian Gulf War - George H.W. Bush plus invasion of panama.
Afghanistan -Republican George W Bush started it, he also started the war on Iraq
Haiti uprising - Democrat Bill Clinton sent troops to Haiti and also to the balkans war
Barak Obama democrat did not order any invasions, the United States and U.S. allies conducted months-long air strikes in Libya and military operations against Islamic State in Iraq and Syria .
Mick
it is mostly about the morale of the military look at Italy's successful campaign ( sarcasm ) against Ethiopia , or when the French were evicted from Vietnam ,I would disagree, as Ukraine has demonstrated:
again and again, the US goes to serious war when under Democrats, not Republicans and we are already witnessing a major hardly proxy war there.
I doubt the US can afford, militarily speaking, starting a new one now: just depleted stocks of everything.
Maybe why they fight to the last Ukrainian and have limited US citizens on the groundit is mostly about the morale of the military look at Italy's successful campaign ( sarcasm ) against Ethiopia , or when the French were evicted from Vietnam ,
they might enter a war under a Democrat leader , but would they fight hard for Biden's White House
A little bit of History from Reuters might be required here.
Carter was a democrat, Ford a republican.
World War 2 , Democrat Harry Truman in charge.
Korean War, Democrat Harry tTuman again.
Vietnam - Eisenhower, republican, sent first aid to South Vietnam, also ordered the coups in Iran and Guatamalea.
Vietnam - Big time, democrat JF Kennedy upped the ante in Vietnam and started the Bay of Pigs confrontation with USSR.
Vietnam Upped the ante again , democrat Lyndon Johnson, also got involved in Laos and Cambodia
Vietnam end, republican, Richard Nixon, also got involved in Yom Kippur between Israel , Egypt and Syria. Nixon also started the "War on drugs".
Invasion of Grenada - Republican Ronald Reagan , also upped the anti with the bombing of Libya, involved in Iran Iraq war, plus sending troops to Lebanon.
First Persian Gulf War - George H.W. Bush plus invasion of panama.
Afghanistan -Republican George W Bush started it, he also started the war on Iraq
Haiti uprising - Democrat Bill Clinton sent troops to Haiti and also to the balkans war
Barak Obama democrat did not order any invasions, the United States and U.S. allies conducted months-long air strikes in Libya and military operations against Islamic State in Iraq and Syria .
Mick
has hints of WW1 , when the US happily sold weapons for the first half of itMaybe why they fight to the last Ukrainian and have limited US citizens on the ground
wasn't all that unprovokedWWII - Franklin D. Roosevelt declared war on Japan after an unprovoked attack on Pearl Harbour
Quite correct @JohnDe , I was wrong about Eisenhower being President at the start of WW2.WWII - Franklin D. Roosevelt declared war on Japan after a surprise attack on Pearl Harbour
China reopening narrative.Risk back on? Have we got a bear market rally here until the next Fed meeting thanks to the China re-opening?
US 10 year down
DXY down
Equities rallying
Crypto up
US CPI numbers likely to show continued down trend, so unless there's a surprise to the upside, I can't see what would interrupt a rally.
Get back into your oil plays. According to Zero hedge,China reopening narrative.
View attachment 151459
Panic buys at open, flog at open, buy at close, groundhog day.
MickChina issued a substantial increase in its crude imports quotas for this year, the clearest sign yet that Chinese refiners are set for a material increase in output - and a surge in demand for oil - as the nation finally moves away from its ridiculous Covid Zero policy.
On Monday, China issued a second batch of 2023 crude oil import quotas, raising the total for this year by 20% compared to the same time last year, according to Reuters and Bloomberg. According to the document from the Ministry of Commerce, 44 companies, mostly independent refiners, were given 111.82 million tonnes in import quotas in this round.
On Monday, China issued a second batch of 2023 crude oil import quotas, raising the total for this year by 20% compared to the same time last year, according to Reuters and Bloomberg. According to the document from the Ministry of Commerce, 44 companies, mostly independent refiners, were given 111.82 million tonnes in import quotas in this round.
Combined with the 20 million tonnes in 2023 quotas granted to 21 refineries in October, that takes the total for this year to 131.82 million tonnes, up from the 109.03 million tonnes issued in the first batch for 2022. The second batch of quotas for 2022 was released in June last year.
I saw that too.
It's even all over the news that they (chinese government) are mulling more stimulus now too.
View attachment 151467
AUD's pulled hard the last few days in response but you've got to think about the big picture here and look at china as a whole, it's approaching demographic winter and its economy is the most... precarious in the world. And that's before we even think about all the sanctions that keep getting put on them.
Any bump we see will not be long lived.
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