Australian (ASX) Stock Market Forum

The state of the economy at the street level

Couple of significant stories on China at the ABC
1) There is change coming to the wet markets and consumption of all sorts of wild foods.
2) The Chinese economy is well and truly spluttering so don't look to China as an engine for economic growth

China's economic recovery from coronavirus could be ugly — and that's bad news for the rest of the world
https://www.abc.net.au/news/2020-03...m-coronavirus-likely-to-be-difficult/12093116


Shenzhen bans consumption of cat and dog meat following coronavirus outbreak
Shenzhen, a Chinese city 1,100 kilometres from the coronavirus epicentre of Wuhan, has clamped down further than other cities in the nation when it comes to the consumption of animal meat.

The coastal city, located close to the Hong Kong border, has banned people from eating dogs and cats as part of a wider clampdown on the wildlife trade since the coronavirus pandemic began in China.

https://www.abc.net.au/news/2020-04-03/shenzhen-bans-consumption-of-cat-and-dog-meat/12117136
 
The coastal city, located close to the Hong Kong border, has banned people from eating dogs and cats as part of a wider clampdown on the wildlife trade since the coronavirus pandemic began in China.

Could be good for our beef, poultry and seafood exports.
 
Couple of significant stories on China at the ABC
1) There is change coming to the wet markets and consumption of all sorts of wild foods.
2) The Chinese economy is well and truly spluttering so don't look to China as an engine for economic growth

China's economic recovery from coronavirus could be ugly — and that's bad news for the rest of the world
https://www.abc.net.au/news/2020-03...m-coronavirus-likely-to-be-difficult/12093116


Shenzhen bans consumption of cat and dog meat following coronavirus outbreak
Shenzhen, a Chinese city 1,100 kilometres from the coronavirus epicentre of Wuhan, has clamped down further than other cities in the nation when it comes to the consumption of animal meat.

The coastal city, located close to the Hong Kong border, has banned people from eating dogs and cats as part of a wider clampdown on the wildlife trade since the coronavirus pandemic began in China.

https://www.abc.net.au/news/2020-04-03/shenzhen-bans-consumption-of-cat-and-dog-meat/12117136

That is good but it is the one in Wuhan, right next to the germ factory, that is used as an excuse for all the viruses they mysteriously get, that needs to go
 
Definitely not in Australia.:D
One of my mates always reminds me of a time we were walking along, I said how the F#$k can they make a fan with a 250v plug on it and sell it for $7.50, when you pay $5 for a 250v plug top in Bunnings.
They are charging FA for the motor, the raw materials, the transport of the raw materials, the transport of the product and the labour, this isn't sustainable.
Well IMO, China has done a great rope the dope trick, on the west.:laugh:

I’ve found it’s cheaper to buy a short extension lead and cut it rather than buy a plug
 
Put it this way, you cant be angry that the Chinese were working on viruses and had a lab as I would think most countries around the world would be doing similar research. The bigger issue is that they flat out deny they have any involvement and could have warned people sooner as to what was going on, they may have cost millions of lives to save face.. I guess time will tell.. or not.
 
Hum probably wrong place for my 2 posts.got tricked @Joe Blow if and when you have the time, could you please move these 2 posts to the coronovirus thread
As a note, you will soon get a donation from me : i think i am losing the bet with @SirRumpole
This is good news

We are both on the same side believe, and it is good news.

But it's not official till the end of August. You can call it before then if you like and Joe will get a donation from me too.
 
We are both on the same side believe, and it is good news.

But it's not official till the end of August. You can call it before then if you like and Joe will get a donation from me too.
We can do this for the sake of Joe: double donation
It is true things can change so quickly.,
FWIW i send 25$ to @Joe Blow:xyxthumbs fund today
 
Went to help out a mate on Friday who is in the building game in Sydney and he is flat out.
Talking to my suppliers this morning and they are busier now then they were before.

Everyone must be at home noticing all the stuff that needs done around the house.
 
Went to help out a mate on Friday who is in the building game in Sydney and he is flat out.
Talking to my suppliers this morning and they are busier now then they were before.

Everyone must be at home noticing all the stuff that needs done around the house.
That is great to hear. Maybe some of those $750 payments are being spent too.
 
Today I called the bank (ANZ) to sort a matter and to change a customised payment system that I had set up. 1 hour 22 minutes to get someone to chat to, and then was told I needed to talk to another department and was put through. Waited another 20 minutes and found out I was put through to mortgages and not the department I was wanting. Was given a direct number which I later tried hung on for about 20 minutes and after many taped repeats we are busy the final message said please call back another time and hung up..
Not peeved. Not surprised. Understand things are busy. That is the way it is on the street so if you need to talk over the phone start early.
 
I am in Bunnings daily for work... AND its pumping at the moment. As per previous posts they had a bumper March and its flowed onto April. Issue now being the amount of peoples in stores is getting hard to control so I would expect limits on the number of people very shortly, they have been doing this weekends anyway.

Why they hell are these people out shopping anyway, most are old people buying stuff they dont need. STAY HOME people, its so frustrating.
 
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