Hi readers ...
Financial astrology does not lie ..... Remember that people.
Australian CPI quarter on quarter a negative number... WOW
Is the Australian economy starting to show signs of stagnation.. What does that say about the dollar, currency and the banks.
Everyone is already a slave to the bank in Australia with over 60% of there wages just covering interest repayments.
Banks will never admit that, but the bottom line is numbers don't lie.
There isn't any money to continue spending and another rate cut won't do anything.
Except maybe pop the Stockmarket up for a week or two.
On top of that country is going to an election, geez doesn't Malcom now wish Tony was around...LOL
BE PREPARED PEOPLE 40% devaluation of property is coming in a week if labor gets in.
Then look at the economy and just keep adding ..
Cutting the negative gearing tax will seriously hurt property developers.
Labor will just advertise it as bringing back the affordable dream....
APPL came out with there numbers it looks to me as tho they are massaging the fall in sales.
Don't think it can't be done either.
If you sell a million units for $5 to increase total numbers no one really will question the numbers.
When you have cash to cover it...
Be very sceptical of these numbers.
For the currency traders do a simple analysis...
Of the ten top currencies sisters which is the least ugliest at the ball...
Yep you got it US$....
Economy is growing at a slower pace sure but everyone else is looking to cut rates or devalue..
Something to think about.
Quick note to the Australian readers
Watch how banks will start to make sure all borrowers are fully insured on there loans and if not expect the call for more collateral to come .
Financial astrology does not lie ..... Remember that people.
Australian CPI quarter on quarter a negative number... WOW
Is the Australian economy starting to show signs of stagnation.. What does that say about the dollar, currency and the banks.
Everyone is already a slave to the bank in Australia with over 60% of there wages just covering interest repayments.
Banks will never admit that, but the bottom line is numbers don't lie.
There isn't any money to continue spending and another rate cut won't do anything.
Except maybe pop the Stockmarket up for a week or two.
On top of that country is going to an election, geez doesn't Malcom now wish Tony was around...LOL
BE PREPARED PEOPLE 40% devaluation of property is coming in a week if labor gets in.
Then look at the economy and just keep adding ..
Cutting the negative gearing tax will seriously hurt property developers.
Labor will just advertise it as bringing back the affordable dream....
APPL came out with there numbers it looks to me as tho they are massaging the fall in sales.
Don't think it can't be done either.
If you sell a million units for $5 to increase total numbers no one really will question the numbers.
When you have cash to cover it...
Be very sceptical of these numbers.
For the currency traders do a simple analysis...
Of the ten top currencies sisters which is the least ugliest at the ball...
Yep you got it US$....
Economy is growing at a slower pace sure but everyone else is looking to cut rates or devalue..
Something to think about.
Quick note to the Australian readers
Watch how banks will start to make sure all borrowers are fully insured on there loans and if not expect the call for more collateral to come .
