alphahub

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alphahub

alphahub

@alphahub

markets can remain irrational for longer than you can remain solvent #globalmacro #ausbiz #auspol #forex #crypto #RedV #BreatheFire #NRL #GnFnRs #GNR

Katılım Eylül 2012
450 Takip Edilen5.7K Takipçiler
alphahub
alphahub@alphahub·
@MsMelChen Please speak up more on our country, we need it!
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Melissa Chen
Melissa Chen@MsMelChen·
Australia🇦🇺: how does a country that produces oil, run out of oil? Answer: decades of virtue-signaling environmentalism, refinery closures, and a near-total ban on fracking This seems to be a unifying theme when you look into the current predicament facing many European nations, Canada and New Zealand. Times of crisis expose geopolitical luxury beliefs and reinforce how important good governance is. In 2000, Australia was largely energy self-sufficient, with domestic production and eight refineries meeting nearly all demand. Then the ideological capture set in. Today, there are just two refineries operating today, supplying only ~17% of Australia's needs and minimal fracking due to the green lobby. It's estimated that there are over 400 billion barrels of shale oil in place with 17.5 billion recoverable - enough for roughly 40 years of domestic consumption at current rates. Now, Australia finds itself dangerously dependent on imports for refined fuels. Singapore and South Korea together supply around 50% of Australia's gasoline, diesel, and jet fuel. Yes, resource-rich Australia, blessed with massive hydrocarbon deposits, has to rely on tiny Singapore with no natural resources. Through strategic decisions and long-term planning, Singapore became a refining hub with a vast strategic reserve. This is what happens when you lose contact with reality. If Australia had rejected environmental idealism and instead pursued disciplined policy, it would have been a net oil exporter. Instead, it is now a net importer of oil
Mark Rowley@MarkWRowley

JAPAN BAILS OUT AUSTRALIA Australia is approximately 20 to 21 times larger in total land area than Japan. Australia possesses significantly greater energy resources than Japan, acting as a major energy exporter to Japan, which is highly energy-insecure and depends on imports for most of its energy needs. Australia is a top global exporter of Liquefied Natural Gas (LNG) and coal, while Japan relies on Australia for approximately 43% of its LNG and 66% of its coal imports. Japan holds approximately 254 days of oil reserves, comprising around 470 million barrels across national, private, and joint reserves. This massive stockpile is among the world's largest, designed to secure energy supply during crises, with recent plans to release 45 days' worth of reserves to combat disruption. Australia holds roughly 29 to 39 days of fuel, depending on the type, with recent figures indicating approximately 39 days of petrol, 29–30 days of diesel, and 29–30 days of jet fuel. This is significantly below the 90-day requirement set by the International Energy Agency, prompting the government to use emergency stockpiles. Now tiny Japan is bailing out Australia, a country 20 to 21 times larger, with significantly greater energy resources. LET. THAT. SINK. IN. 🤡🎪🇦🇺

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alphahub
alphahub@alphahub·
Government's in Australia, who have failed to ensure fuel security, are now warning they will crackdown on market forces and effectively blame shifting their own mismanagement to business.
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alphahub
alphahub@alphahub·
only three days in, but #xauusd #gold has thrown out a spinning top doji on a monthly which probably sums up markets better than anything:
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alphahub
alphahub@alphahub·
my fellow children, come sit down. i need to talk to you straight. mum and i ... we're not active participants anymore. things haven't been right for a while, and the pressure's been building at supermarkets, money's tight, everything costs more, especially with all the mess happening overseas hitting us hard. the next few months are gonna be tough, no sugar coating it. look, i didn't plan this ... but a few weeks back I stopped at the servo to fill up, and ... well, something happened there. one thing led to another, and now i can't keep pretending everything's normal at home. we'll get through this as a family the best we can. when you go to the servo, just fill what you need, no extra topping up. we can only afford to walk or catch the bus now, look after each other, well look after your mum while i'm at the servo, and try to keep things steady ... still love you both, we can do this, and we will coordinate sporting events with you.
Anthony Albanese@AlboMP

My Address to the Nation.

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alphahub
alphahub@alphahub·
big couple of days in stocks coming up #spx #ndx ... see if they can grab hold of any support:
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alphahub
alphahub@alphahub·
...likewise nasdaq #ndx
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