We are talking politicians.
We are talking politicians.@waterbottle NZ now officially in recession.
C'mon lads, how long until australia follows suit? We've been in a per capita/techincal recession for like 18 months, how long before it becomes undeniable?
since NZ has already officially admitted they are in recession , a fair chance we are in one as well ( just not officially )We are talking politicians.
I feel like a proud parent.IMO there wont be an interest rate cut here, with the dollar in freefall, the price increase of imported voods will kick start the inflation again.
We may have to have you killed.Absent some kind of cataclysmic gfc, great depression, ww2 type event, almost-zero interest rates are not coming back within my lifetime.
Aren't you like 1000 and actually want your pension fund to make a decent return?We may have to have you killed.
Mick
Only 999, and i am busy spending my hoards so my kids don't get to fight over it.Aren't you like 1000 and actually want your pension fund to make a decent return?
MethuselahOnly 999, and i am busy spending my hoards so my kids don't get to fight over it.
mick
Do you think Powell gets the arse straight and QE starts pumping?Alright so I've been carrying on for quite some time saying that we are never going back to the post-gfc-pre-covid 0-1% interest rate environment that an entire generation of us millennials have considered to be "normal" and we've just hit the point of no return:
Absent some kind of cataclysmic gfc, great depression, ww2 type event, almost-zero interest rates are not coming back within my lifetime.
*Straight awayDo you think Powell gets the arse straight and QE starts pumping?
Do you think Powell gets the arse straight and QE starts pumping?
Spray away?...*Straight away
I'm seeing bigger economic pain on the street. Problem is the governments migration and spending. We may see a pause until after the election. Prices are still pretty sticky.Will we being seeing an interest rate drop next month, or is it just a furphy by the spruckers because of an upcoming Federal Election.
@moXJO No doubt some well paid dreamer to send off good vibes.I'm seeing bigger economic pain on the street. Problem is the governments migration and spending. We may see a pause until after the election. Prices are still pretty sticky.
I think I saw a prediction of 76% chance of a rate cut. God knows who came up with that.
Europe seems to have lost their mind already , Trump is just helping it to stay lost ( easier to push deals through )
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