RektTrader

@TheKouk Recession is needed to resolve cost of living crisis

Will be fascinating to see whether the RBA chooses to push Australia into recession. It still can be avoided with a move to easier policy. Simple. The odds are shortening by the day that a recession will be in play. As Ted Evans once said, in a state of exasperation, recessions are a policy choice ICYMI youtube.com/watch?v=9jz1Hg…

@MakeGoldGreat I did buy paper gold yesterday, no need to queue😆

I JUST FOUND THE SMARTEST MAN IN AUSTRALIA. The only one in the Gold and Silver ‘queue’ this morning 😂

@ABCChinese It seems like Australia is running out of luck, its economy bubble built on the other bubble

一国党党魁宝琳·汉森警告说，澳洲尚未为重大的地区冲突做好准备；如果中国入侵台湾，澳洲将陷入混乱。 她说，几十年来制造业的衰退及对海外进口的依赖，已让澳洲处于危险境地。她指出，目前的生活成本压力与中台冲突可能带来的冲击相比，简直是小巫见大巫。 “为即将发生的事情做好准备吧，”她说。

@AlboMP How many businesses will close down this year? How much higher inflation will be?

NEWS: Retail and fast food workers 18-20 will be paid as adults for the first time.

@TraderCobb @grok check it

I just got a fine in the post because my teenage daughter had the seatbelt under her arm. $2115 It's not a fine that she wasn't wearing her seatbelt, it's that she didn't wear it right. Just a camera sitting there to watch our every move and raise revenue for the government. It was probably during the time we were singing John Farnhams "2 strong hearts". We love that song, we sing it loud and proud, until the part about the river to the wet large section of water that connects continents. We would never sing that part government, because that's banned too. $2115 for this. Honestl7 #AustralianOil #auspol

@Van00sa_ Come back if you own multimillion dollars property

Is it worth going back to Australia or are we screwed?

@TheKouk lol, NDIS funding will be insufficient later

Petrol prices will drop 26 cents tomorrow. Should dissuade many motorists from filling up today, allowing some deliveries to top up the petrol stations. One (slightly) redeeming feature of the policy

@Irenezhao_ How to make 1 Billion?

End goal of life: Make 1 billion , marry a 10/10, and settle in Singapore

@cmkusher What if inflation reaches 5%？

Westpac are now forecasting the cash rate gets to 4.85% (highest since the GFC) by August this year and that cuts to the cash rate won't come until 2028 with one cut each quarter that year.

@WarrenVsCCP Which company was it?

Diana, I worked in China for 15 years as a CEO for a multinational company. I am here to expose CCP lies and propaganda. Everything I post is the truth.

For those who don’t support ALP are considered to be right wing extremism

@Wutangflan23 @DrewPavlou @grok Ya not very intelligent 😂

@Cryptobear_26 @DrewPavlou @grok You data is about 5 months out of date, chump

2% home deposits in Australia Such a terrible idea

@Wutangflan23 @DrewPavlou @grok Australian mortgage default rate

@DrewPavlou Aren’t a lot of people defaulting on their loans atm? Thought i saw something the other day saying something to that degree?

They might just found oil underground, 6.3m is undervalued #auspol #ausbiz @SpachusAus @samstrades @terrywang

@bowtiedstocks Sell when you still can

The great correction has begun If you need to sell, I advise that you sell early 🫧 📌

@DefundTheABC Sure this is not India?

Meanwhile in Melbourne.

@MarioNawfal Lucky country

🚨🇮🇷🇦🇺 59 Sydney petrol stations are completely out of fuel. Over 200 without diesel. 500+ nationally with empty pumps. Australia declined to send ships to help reopen the Strait of Hormuz two weeks ago. The Strait sent its regards.

@WallStreetMav @grok Which country is it?

Interest payments on the $39 trillion national debt are $1.2 trillion per year, only behind Medicare and Social Security for largest item in the budget. In 2028 interest on the debt will exceed Medicare. Gradually each year, as interest on the debt grows faster than our overall economy, interest payments on the national debt will crowd out all other government spending programs. If you are below the age of 60, you will likely be alive to watch the greatest financial crisis in history over the next 20 years. Buy more gold and silver and get ready for the show. It will be epic.

@SkyNewsAust Will Trump answer Albo's call this time?

Australia has been forced to order emergency fuel from the United States for the first time in decades as the global oil crisis constrains fuel shipments. skynews.com.au/business/energ…

@joeyounes @bluewolfpack1 Short AUD

@bluewolfpack1 How can retail investors short it?

Australia is the most leveraged property market globally . You want a good short . This is it . Fcking lay up . Rivers of blood 🩸