Australian (ASX) Stock Market Forum

Inflation

Jump to new
so what happened to all those containers ships floating outside of the Californian ports ( not to mention all those empty containers NOW , jamming up West Coast ports )

just asking 'cos the trucker shortage doesn't seem to have gone away
 
divs4ever said:
so what happened to all those containers ships floating outside of the Californian ports ( not to mention all those empty containers NOW , jamming up West Coast ports )

just asking 'cos the trucker shortage doesn't seem to have gone away
Click to expand...
Shanghai reopening will make it worse
 
Probably a good idea to order Christmas presents early this year. I had a nightmare last year.
 
3 hound said:
Christmas presents = throw my dogs a dead roo.

War in Ukraine, ships stuck in ports in China/US have not affected supply chains.
Click to expand...
When realistically will China recover, the Ukraine war end to restore the supply chains.?

Before this occur the world is likely to go into recession. If this occurs reasonably quickly then interest rates will start going the other way.as we have deflationary pressures again. As the supply chains go back to normal deflation will increase.
 
Last edited:
Knobby22 said:
When realistically will China recover, the Ukraine war end to restore the supply chains.?

Before this occur the world is likely to go into recession. If this occurs reasonably quickly then interest rates will start going the other way.as we have deflationary pressures again. As the supply chains go back to normal deflation will increase.
Click to expand...
I'm not as pessimistic.

Globalisation will unwind rapidly and the old import export trade routes will quickly resume. Once goods, services and currencies flow freely again then inflation will settle.

China doesn't care about Russia. They in fact dislike them more than they do most Caucasian nations as they share borders with them and know how stuffed their economy and culture is outside Moscow and St. Petersburg.

China looks after China, they need the US, Australia and Japan, the UK and Western European countries.

gg
 
Knobby22 said:
When realistically will China recover, the Ukraine war end to restore the supply chains.?

Before this occur the world is likely to go into recession. If this occurs reasonably quickly then interest rates will start going the other way.as we have deflationary pressures again. As the supply chains go back to normal deflation will increase.
Click to expand...
This may be true but my dogs won't know the difference.
 
Knobby22 said:
When realistically will China recover, the Ukraine war end to restore the supply chains.

Before this occur the world is likely to go into recession. If this occurs reasonably quickly then interest rates will start going the other way.as we have deflationary pressures again.
Click to expand...
recover ??

what makes you think China isn't doing exactly what it desires to do ?

after all they have no hesitation is publicly executing government ministers and officials deemed corrupt ( or harming Chinese interests )

to my thinking China needs to consolidate and strengthen internal structures , and i suspect they are doing that via a 'covid outbreak ' , now of course China could be 'shadow-sanctioning' the West using the same tactic , after all they did pledge to support Russia .

the Chinese might foresee a major contraction in Western economies and be adjusting policies to suit the change of status quo , after all do you really expect China to shrug off various threats and sanctions , China has already declared it can't trust the US ( and some other nations ) to keep to their commitments , and China does learn from history ( despite their Communist leanings )

i am NOT betting a Chinese recovery will benefit the West much at all ( and the Chinese remember the Opium Wars well , so understand Western business practices )

i will be trying for increased exposure to India hoping we ( the West ) will not completely trash that relationship as well
 
Shopping with my wife in the city. Sales are on she said, and here we are. Up to 50% off in David Jones, 30% in Myers, half the stuff made in China, clothes racks are overflowing.

What inflation and shortages?

AB088D8A-BAFD-4F3F-B29E-C62DFE216850.jpeg
 
Only caught the end of it on the radio, a Chinese fighter plane flies across the path of an Australian military (non-combat) plane shoots flares at it and then intentionally ejects debris into its flight path that gets sucked into its motors (no harm to anyone).

I can't find the story so apologies if incorrect, mod's to delete if not verified.

I don't think the world is how western leaders think it is.
 
JohnDe said:
Shopping with my wife in the city. Sales are on she said, and here we are. Up to 50% off in David Jones, 30% in Myers, half the stuff made in China, clothes racks are overflowing.

What inflation and shortages?

View attachment 142556
Click to expand...
Building materials, food, cars, electricity, fuel, rent....lots of things that everyday people need.

I just bought a new vehicle, paid cash. I pick it up and drive it away in 2 years time (+- a few months). The dealer really has no clue if or when he has any vehicle to sell - 3 major brands he has a dealership for.
 
3 hound said:
Only caught the end of it on the radio, a Chinese fighter plane flies across the path of an Australian military (non-combat) plane shoots flares at it and then intentionally ejects debris into its flight path that gets sucked into its motors (no harm to anyone).

I can't find the story so apologies if incorrect, mod's to delete if not verified.

I don't think the world is how western leaders think it is.
Click to expand...

Did the incident cause a Sunday inflation jump?

A Chinese J-16 fighter has aggressively challenged an RAAF maritime surveillance aircraft in international airspace over the South China Sea, flying dangerously close to the Australian jet and firing flares and “chaff” countermeasures.

Defence Minister Richard Marles said some aluminium chaff was drawn into the engines of the P-8A Poseidon during the May 26 incident, but the aircraft and its crew made it back to base unharmed.

Australia has lodged a furious protest with Beijing over the dramatic mid-air incident, declaring the safety of the aircraft and its crew were “placed in jeopardy”.

Mr Marles said the J-16 flew “very close to the side of the P-8”, releasing decoy flares as it did so.

“The J-16 then accelerated and cut across the nose of the P-8 settling in front of the P-8 at a very close distance,” he said.

“At that moment it then released a bundle of chaff, which contains small pieces of aluminium, some of which were ingested into the engines of the P-8 aircraft.

“Quite obviously this is very dangerous.”

Mr Marles said the crew responded to the incident “professionally and in a manner which would make us all feel proud”.

The incident occurred despite Chinese claims that it wants its bilateral relationship with Australia to improve.

Mr Marles said the P-8 was undertaking normal maritime surveillance activities in the area, which Australia and other countries had done for decades.

“We were operating completely within our rights in international law,” he said.

Mr Marles said the South China Sea was of vital interest to Australia because most of the nation’s trade traverses the region.

He said the incident “will not deter Australia from continuing to engage in these activities which are within our rights under international law to ensure there is freedom of navigation in the South China Sea”.

The incident comes after a Chinese ship in the Arafura Sea shone a powerful laser at a P-8A Poseidon aircraft in February in an incident former prime minister Scott Morrison described as ““a reckless and irresponsible act”

Tensions were escalated further during the Australian election campaign when a Chinese surveillance ship was detected off Australia’s west coast, in what then-defence minister Peter Dutton said was an “act of aggression”.
Click to expand...

 
3 hound said:
Building materials, food, cars, electricity, fuel, rent....lots of things that everyday people need.

I just bought a new vehicle, paid cash. I pick it up and drive it away in 2 years time (+- a few months). The dealer really has no clue if or when he has any vehicle to sell - 3 major brands he has a dealership for.
Click to expand...

Sometimes I forget those things. My petrol bill is half what it was 9 months ago, I organized a great contract with my energy supplier a month ago, food prices are up but we have adjusted and buy mostly vegetables in season. Holding off on any building ideas and property investing, waiting for those to crash.
 
JohnDe said:
Did the incident cause a Sunday inflation jump?



Click to expand...
does the aircraft count as a 'spy-plane ' i think it would , after all it MIGHT have been collecting signals data and other data , over contested islands , Australia might consider itself fortunate the plane was not forced to land at a Chinese airfield ( or destroyed )

after all the Chinese have shot down at least one 'wandering ' passenger liner in the past
 

Similar threads

M
Cooling Australian Property Market Signals Economic Trends
Replies
1
Views
856
Joe Blow
Joe Blow
greggles
Causes of market corrections/crashes
Replies
10
Views
2K
divs4ever
divs4ever
ducati916
Duc's Daily Dozen
7 8 9
Replies
160
Views
18K
ducati916
ducati916
mullokintyre
Australian Bankruptcies
5 6 7
Replies
129
Views
15K
investtrader
investtrader
Uncle Festivus
When will the Great Financial Ponzi end?
2 3 4
Replies
69
Views
3K
divs4ever
divs4ever
Top