Inflation

[3 hound]

He who has the most manufacturing, the most control over their people and the most consumables to sell wins

This is the CCP version of the Lord's prayer.

 

[sptrawler]

This is the CCP version of the Lord's prayer.

Yes we need their cars, fridges, furniture, solar panels, electric motors, electric cars, face masks, well just about everything.
They need our raw materials, or Indonesia's raw materials, or Brazil's raw materials, or Africa's raw materials.
We used to make everything, in the 1970's.

 

[divs4ever]

He who has the most manufacturing, the most control over their people and the most consumables to sell wins. Lol

that sounds like China , although Russia doesn't need to import much , so it won't be a pushover , like say the current UK

 

[over9k]

Looking like an absolute slaughter coming up tonight lads

 

[3 hound]

Yes we need their cars, fridges, furniture, solar panels, electric motors, electric cars, face masks, well just about everything.
They need our raw materials, or Indonesia's raw materials, or Brazil's raw materials, or Africa's raw materials.
We used to make everything, in the 1970's.

I really thought the pandemic was the great oh f*"k moment where everybody came to the exact same revelation that we don't have the manufacturing capability to ensure our own survival as a society.

Fast forward to now and alas it's like the pandemic never happened and we are straight back into global warming mental illness and increasing the welfare state. In fact it's worse, printing money has become the default solution to every problem.

 

[divs4ever]

well several options expire on Friday so it might be hectic

 

[divs4ever]

I really thought the pandemic was the great oh f*"k moment where everybody came to the exact same revelation that we don't have the manufacturing capability to ensure our own survival as a society. Alas it's like the pandemic never happened and we are straight back into global warming mental illness and increasing the welfare state. In fact it's worse, printing has become the default solution to every problem.

in March 2020 , yes same here , but by April i was starting smell a deceased rodent
mind you , i had underlying health issues and was watching the virus and medical folks closely right from the first couple of days of Chinese lock-downs in Wuhan .. which was in JANUARY 2020 , but realized the West had largely lost the plot between January and March ( and even today )

 

[sptrawler]

I really thought the pandemic was the great oh f*"k moment where everybody came to the exact same revelation that we don't have the manufacturing capability to ensure our own survival as a society.

Fast forward to now and alas it's like the pandemic never happened and we are straight back into global warming mental illness and increasing the welfare state. In fact it's worse, printing money has become the default solution to every problem.

Yes now there is no such thing as hard times, it is just a failing of Government to supply support, god knows where this will end.
My guess, Mandarin becoming a compulsory subject, in primary school.
I would love to see an ICAC set up, to check the media and its representatives, personally I think it would be far more beneficial, than one for the Govt ATM.

 

[3 hound]

Yes now there is no such thing as hard times, it is just a failing of Government to supply support, god knows where this will end.
My guess, Mandarin becoming a compulsory subject, in primary school.

If you love your kids teach them to speak Chinese.

 

[over9k]

printing money has become the default solution to every problem.

Yeah, helicopter money is the next step. There's been a small one already but they're going to get bigger & bigger.

 

[sptrawler]

Yeah, helicopter money is the next step. There's been a small one already but they're going to get bigger & bigger.

My guess, there will be no more helicopter money, China and Russia are relying on that to undermine the US$, I think this will be a rough ride for anything that isn't underpinned by either the fiat system or a tradable commodity. Just my guess.
Another tech wreck on the way IMO.

 

[moXJO]

China's got a demographic problem. They got their own issues.

The rest of Asia is the interesting part.

 

[bluekelah]

Yes we need their cars, fridges, furniture, solar panels, electric motors, electric cars, face masks, well just about everything.
They need our raw materials, or Indonesia's raw materials, or Brazil's raw materials, or Africa's raw materials.
We used to make everything, in the 1970's.

The Altona made V6 toyota camry/aurion. Damn those were some of the best cars ever made..

And I do believe that the world will be moving into some form of gold standard / commodity backed digital currency payment system.

Whether or not China becomes the next economic superpower remains to be seen. They have a shrinking/ageing demographic and balloon and mountains of debt, much like Japan at the start of the 1990s. They might very well end up as Japan 2.0.

History repeats and people just dont learn...

 

[divs4ever]

China's got a demographic problem. They got their own issues.

The rest of Asia is the interesting part.

yes , i am preferring India , and maybe Vietnam which despite their own problems look to have better growth potential .
the extra one i am watching is Korea which i think will try to unify ( North and South ) for Korea this would be long and painful ( think Germany after the fall of the Berlin Wall ) but possibly a good arena for long term investment .

 

[qldfrog]

yes , i am preferring India , and maybe Vietnam which despite their own problems look to have better growth potential .
the extra one i am watching is Korea which i think will try to unify ( North and South ) for Korea this would be long and painful ( think Germany after the fall of the Berlin Wall ) but possibly a good arena for long term investment .

But j thjnk for rhe time being next 2 to 3 years,the aim is survival and protection of some wealth to allow investing in these

 

[over9k]

Looking like an absolute slaughter coming up tonight lads

Oooooh yep

 

[divs4ever]

But j thjnk for rhe time being next 2 to 3 years,the aim is survival and protection of some wealth to allow investing in these

but i have had an eye on ( financial ) survival since 2012 , for me this is more a test of my strategy under duress , so while i will still look for opportunities for solid div. returns , i am also looking for new growth areas and also distressed stocks with potential to survive and consolidate in the coming harsh times

i guess that is my twist to being a contrarian

 

[over9k]

My guess, there will be no more helicopter money, China and Russia are relying on that to undermine the US$, I think this will be a rough ride for anything that isn't underpinned by either the fiat system or a tradable commodity. Just my guess.
Another tech wreck on the way IMO.

Both of those countries are in an absolute state much worse than USA trawler, I was more talking a monetisation of the debt kind of thing.

Literally print money, give it to the populace. None of this wage rise business.

 

[over9k]

And another order filled while I was at the gym again, this time at 460

 

[waterbottle]

Big dumps overnight.

RIP ASX