Wado 🇦🇺🇿🇦
6.6K posts

Wado 🇦🇺🇿🇦
@EVFuture12
Hates The Greens and Labor. Loves looking for value in the ASX, learning and sharing trading knowledge and BJJ.





⚠️Australian diesel will be $3+ by April. -Australia imports 90% of its petrol, diesel, and jet fuel. -Oil price and ‘crack spreads’ heading north. -other oil exporters to Australia (South Korea, Japan, Malaysia, others) are similarly priced per barrel to Singapore. -Fuel shortages guaranteed. -The economy will shut down by may/June if the straits remain closed, assuming 33 days of fuel reserves, tankers already at sea, no rationing. -Inflation and interest rates will follow the oil price spike, unless the economy shuts down. Then a Covid monetary response will be launched (monetary expansion, suppressed interest rates etc).




Australian interest rates are absolutely out of control now. The RBA does not decide the interest rate, the bond market does. And right now it’s SCREAMING rate rises. The Aussie dollar is TOAST!! RBA has no power to control interest rates without DIRECT intervention, just like Japan, just like YCC - which led to decades of stagflation in the Japan economy and a collapsed currency. The productivity of the people in Japan was stolen and pillaged by the rest of the world, whilst their men and women worked 7 days a week, depressed to the brink of suicide - with the fastest population decline and the lowest male libido GLOBALLY. Pay attention to the TRENDS you notice around you, Australia. Since when do our women have to work just as much as us men to BARELY sustain a normal nuclear family!?
















