The fact that all the money is running mostly towards the $US at the moment, and gold, indicates everything is still relatively normal underneath it all.
Westpac and Commbank have just reduced their fixed-term interest rates by about 0.5%. Safe as houses.
Its back above parity now. And this mornings 5% market drop is now a very small gain. Serious craziness going on.
Just how bad is the financial status of the USA? ![]()
The Recession has hit everybody..... I got a pre-declined credit card in the mail. Wives are having sex with their husbands because they can't afford batteries. CEO's are now playing miniature golf.
Exxon-Mobil laid off 25 Congressmen..
A stripper was killed when her audience showered her with rolls of pennies while she danced.
I saw a Mormon polygamist with only one wife.
If the bank returns your check marked "Insufficient Funds," you call them and ask if they meant you or them.
McDonald's is selling the 1/4 ouncer.
Angelina Jolie adopted a child from America .
Parents in Beverly Hills fired their nannies and learned their children's names.
My cousin had an exorcism but couldn't afford to pay for it, and they re-possessed her!
A truckload of Americans was caught sneaking into Mexico.
A picture is now only worth 200 words.
When Bill and Hillary travel together, they now have to share a room.
The Treasure Island Casino in Las Vegas is now managed by Somali pirates. Congress says they are looking into this Bernard Madoff scandal. Oh Great! The guy who made $50 Billion disappear is being investigated by the people who made $1.5 Trillion disappear!
And, finally I was so depressed last night thinking about the economy, wars, jobs, my savings, Social Security, retirement funds, etc., I called the Suicide Hotline. I got a call center in Afghanistan , and when I told them I was suicidal, they got all excited, and asked if I could drive a truck.
Was-is this stock market plunge engineered by the movers and shakers or what????
Yesterday Rio bids to go full ownership in a major partner with a take over bid, some clever heads in that lot at Rio.
Makes one question the real stock market position.
BHP buys out all its contract mining divisions 6am this morning lock stock and barrel people numbers included, from its major contractor, and that's no chump change to get that lot. Some clever heads there in BHP also.
So whats the real position guys? whats real and whats not.?
People pulling out of stock market, and buying USA bonds. That's what caused the latest crash/problem in the first place, or so they would have us believe.![]()
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That's a surprise. The economy grew by 1.2 per cent in the June quarter.
It appears many of us have convinced ourselves that we are doing it tough when this may not be the reality.
www.abc.net.au/news/2011-09-07/household-spending-report-released/2875106
Ben Phillips, a principal research fellow at the National Centre for Social and Economic Modelling, says people are spending more on luxuries.
"The simple reality seems to be that people are actually doing really quite well," he said.
Bloody government.....Low unemployment, low debt, good growth..........." this is the worst government since federation": Sophie Mirrabella, Q and A
compared to other countries we are seemingly doing just fine, with out all the hurley burley of the great political divide, I wonder how well we would be doing if another party was in government at this point? or indeed another leader of the governing party, my guess is diddlysqaut.
YAY... Some good news. I'm going shoppin'...
We need a good ol' war or false flag.
I can see the Aussie dollar devalueing hugely soon, low interest rates. **** is hitting then fan faster than I expected. I watched inside job the other day as recommended by this forum and well, that is nothing compared to what we are about to see.
somehow the ground rules of politics has just shifted in a weird, alternate reality kind of way. For the last 20 or more years the political team that could point to the economic scoreboard and say "read it and weep, suckers" was the team that ruled politics in Australia. What the **** happened? Did the teams change jumpers at half time? The labour government is running an economy that ,apart from the floods and the bush fires would be travelling at a world leading growth rate. but NOOOOOOO, no-one ,least of all the government seems vaguely interested. Even Gillard and Swan don't seem to think the economy is important. The Labour party seems to think that the way to win over the electorate is to put up a refugee policy that is more "liberal" party than the Liberals. Then I see Joe Hockey on the telly, doing his best rendition of faux outrage saying the conservatives want to "stop the boats" because it's unsafe for the refugees to travel long distances in ****ty boats......UNSAFE?!... FFS. Why are they all doing this ****........are they just to messing with my brain?