Coronavirus.

[GreatSouthernMan]

i was being sarcastic pedro maybe you need a drink?

[pedro de pacas]

fair enough, I'll go and pour one then 

[GreatSouthernMan]

All jokes aside they'll probs kick some aussies out to make room for him and his wife 

[pedro de pacas]

yeah they are "special" apparently 

[buzzo]

So we were at 10 Billion yesterday and 17 Billion Today and the Market dumped 6.6%.

 

The real cost will run into about 2 Trillion to 5 Trillion in Australia alone...Which is going to be faster Corona or the Debt or Inflation.

 

1. Governments all over the World are going to have to drop the Pension

2. The Debt to GDP in most country's like ours will take at least 5 Decades to pay off.

3. Prices on everything will fall. Including Gold and Silver (Temporary due Margin Selling)

4. The Banks defaulted back in 09 September 2019, Even the FED can't prop up the Banks very soon.

        They are feeding in around 120 Billion on the overnight and the 14 day is now 45 Billion.

5. Most Likely the International Mafia Fund will introduce the SDR world Currency on Block Chain.

 

Companies like Qantas will go broke....We need to rebuild with small business will be the new World.

Welcome to my Xtal Ball.

Edited March 12, 2020 by buzzo

[GreatSouthernMan]

probably debt because the insurance companies have only just started to pay out the bushfire losses claims and thats a shit tonne of $$ on it's own 

wonder how much of the $$ the government are giving out will go on piss and dunny paper

[buzzo]

Insurance Companys will be the first ones to fail after the USA Corporate Bond market collapses.

I think it might even get blamed on the Massive Auto Debt...The Auto Debt in the USA is higher now than the WHOLE of the Sub Prime Mortgage debarcle.

 

The FED will do everything they can to prop up the Corp Bonds. They will fail, but they cant afford not to. The blame will be the defaulting Auto Debt and the Coronavirus.

THE CONSUMER will get the blame EVERYTIME

[pedro de pacas]

FFS

[Mull-a-matic]

 

 

FFS is right, these things never fail to bring out all the panic merchant drama llamas

[Billyg0at]

And now we will hand out billions to dole bludging bums.

 

Why not give it back to the tax payers they got it from!! Fucks sake.