ParasiteHunter🇦🇺
5.4K posts
ParasiteHunter🇦🇺
@ffabinhoo
Low-IQ people respond to generalizations with ‘but that’s not always true.’





48,000 non citizens purchased houses using the 5% deposit scheme. I just don’t know what to say anymore. #auspol


⚠️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).









JUST IN: Australia will provide up to A$1 billion in interest-free loans to critical businesses due to the energy shock.








