/biz/ - Business & Finance

How do I profit off this

>>51577995
Shiposts will decrease by at least 80 %. Very bullish for tranny jannies.

>>51577995
>australian
Which one? There's a lot of people in Australia.

>>51577995
abos will rise

>>51577995
BUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

>>51577995
Cool so their government is being held directly accountable, right?

>>51578053
short australia

>>51577995
ITS FUCKING OVER!!!! TWO MORE WEEKS

Based fuck Australian

Sorry, cunts.

>>51577995
How you like your lockdowns now?

>>51578093
I wouldn't call chinks or pajeets "people"

>>51577995
unfortunately a central bank can only go bankrupt if its part of a currency board or union
unless the debts are foreign denominated

QUICK. THROW ANOTHER SHRIMP ON THE BARBIE

The western sovereign debt crisis is starting.

nothing ever happens don't get your hopes up

>>51578093
lol

>I COME FROM A LAND DOWN UNDER
>WHERE WOMEN GLOW AND MEN PLUNDER

>>51578393
2015 called

>>51578393
>nothing ever happens
>Meanwhile, life has been a succession of happenings for the last 22 years.

>>51578053
Their govameant needs to legalize lolicon. It'll be a game changer

>>51577995
thinks central banks can go bankrupt
kek

∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀∀

>>51578053
Throw another shrimp on the barbie

>>51577995
These headlines don't make any sense unless the bonds were not AUD denominated, but they don't say which currency it was.

>>51579422

>>51579422
kekkkk

>>51578919
no but if you read the small print the governments are on the hook for the losses
the scam worked like this:
1. banks have worthless junk debts
2. central bank creates money out of nothing to buy the junk at above market prices enriching banks and large asset holders and creating a bubble
3. wait a couple years and the central bank starts selling the assets but no one wants to buy them so they start selling them at a loss, often back to the same people they bought them from.
4. the difference between what they bought and sold the asset is actually real and these losses will get borne by the tax payer and get added to the countries national debt

>>51577995

Currency reset. Xrp goes live. Australia leads way with great reset.

>>51579605
You know you'd think after 2000 years of this we'd have killed all the jews by now.

>>51579605
>these losses will get borne by the tax payer
This is no different than every other government action then?

HEAVE HO UNNA

>>51579422

>>51578393
>>51578524
>>51578660
If everything is a happening, is anything a happening? Ergo, nothing happens.

>>51580092
the difference is it's literally not part of the government, it's a private institution not accountable to the voters the way congress/president is

>>51577995
WHO LENT ABBOS CASH?

>>51579422
checked and kekd

>>51577995
Don't worry guys! They can just print money, so not insolvent!

Top fucking jej.

>>51580151
exactly

>>51577995
Serves them right

>>51579605
They bought Government debt mostly, see the guardian article: >>51580355

Problem will be that government bonds have started selling off heavily.

>>51580355
technically correct, the best kind of correct

>>51580355
Strayan here, how do I profit from this

>>51578053
Short the didgeridoo market.

>>51580388
Buy any hard assets before your fiat currency becomes worthless.

>>51578093
>Oi China! Give us some fucking Yen for these fucking rocks or we'll bottle ya slant eyed cunts!

>>51579422
For all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all, for all

>>51578091
Wrong, if we are unemployed we have more time for shit posting.

>>51577995
Daily reminder all of Australia will literally be run on Hedera.

>>51580081
Now you're thinking like Ford

>>51580421

>>51577995
Will the bankers pay for their mistake or the civillian populace?

>>51580421
My entire net worth is in cash, about 150k AUD. Should I go and buy 150k worth of gold?

>>51577995
Someone give me a rundown on this, I'm a simple laborer who doesn't understand the intricacies of economics.

>>51578176
yes, they will thoroughly investigate and punish themselves. if they find themselves guilty of wrong doing.

>>51577995
At least they're vaccinated so it was worth it

>>51577995
Explain it like I am a complete financial retard, because I am.

>>51579422
Cunt

>>51580081
Hadrian, Hitler; they all tried it, but some always manage to scurry off and breed in some other poor bastards’ home.

>>51580896
1997 financial crisis but this time its global

>>51580374
Those phenotypes are insanely semitic

>>51578091
Wrong right there cunt.

>>51577995
Can I get a QRD on this?
It basically just means that all of these rate rises are just a ruse and they're going to keep printing money, right?

>>51580732
Hedera fags are just the next generation of XRP fags

>>51580887
unironically yes
>t. /pmg/ stackfag

>>51577995
>negative equity
oh no.

>>51577995
>already spent every single dolar i had on VINU
>soon ill be out of this god forsaken country
Oi, 's nice innit

Silly monke learn how 2 trade at skool.

Monke lern buy LUNC, money go up

>>51577995
CB who can print money is bankrupt....biz

>>51581110
The saddest thing is while they're both shitcoins, XRP actually has something (a centralized PoA chain) whereas Hedara doesn't even work for anything at all, pure scam.

>>51577995
Boys how do we short this shithole give it to me straight I've got an interactive brokers account ready to fuck shit up.
>30k aud in bank for rural japanese country house.
>stinky linkies
>applying for remote admin jobs
LETS FUCKING GO CUNTS.

>>51577995
It started as a prison and it should end as one.

Does this mean Australian labour will be cheap so they'll stop outsourcing local office work to remote-working pajeets?

You guys should read the article.

Anyway I'll just sit back and enjoy living in the richest country on the planet whilst you all get shot working in a subway or whatever fly over state you call home.

>>51577995
well if they're going to print 37B to not become insolvent then IT'S OVER
GG Thanks for playing

>>51581961
>I’ll enjoy living
>living
Kek

>>51578376
wait for southern europe (likely spain, portugal or greece again) to default. and the main sign is Deutsche Bank. when deutsche goes, it all goes

>>51581961
I'm a millionaire by that definition but does it matter when its in mortgages in a cuck nation?

>>51579422

kek

>>51581961
I know it doesn't seem like it right now, but the financial consequences of your property bubble aside, the geographic consequence of Australia's proximity to Asia will be clearer when the USA has bigger fish to fry, and Australia must defend itself against a pretty logical Asiatic quest for more living space and resources.

>Covid:
?

>>51581068
She's Armenian (not speculating, this is a known fact). That is a very classic Armenian nose.

>>51578453
Going long on vegiemite.rvjmys

>>51577995
lost it?
like behind the sofa?
qrd lads

>>51577995
Dang the only way to fix that is to round up all of Australias citizens and throw them into private prison camps.

>>51579440
you're thinking of Austria

>>51578372
Based barbie

>>51578376
WHAT DO WE DO!?!?!?!?

ASX down >2% today.

RIP cunts.

>>51579422
lmao

>>51578053
Invest in emus

>>51580142
Kek, nice ID

>>51577995
Did you read the article?
>RBA: we're bankrupt technically
>RBA: but we RBA so we good

ultra mega chicken?

>>51577995
Crikey! My kangaroo just quit cause he can't pay his bills!

>>51581214
How does this work? Do you get someone to just mail you some gold? Do I have to leave the house?

>>51577995
time to kick out the immigrants

>>51580630
Kek

Aussies will remember their heritage

what does this mean

>>51584790
the dollar milkshake guy called it he's been ridiculed during the bubble but it's playing out.
to a less extent, eurodollar man too - there's a shortage of US dollars.

https://www.youtube.com/watch?v=XwO5yznfzWI

the important thing is this would happen irrespective of the fed and central banks, they accommodate market flows. nevertheless, all central banks are raising interest rates together. countries can't pay the interest on the debt, this leads to measures that equal printing and currency devaluation. all fiat currencies get slaughtered. US dollar keeps going up and is the last to fall.
this crisis forces some sort of new deal or great reset - debt jubilee, cbdc's whatever.

>>51580732
this cunt is retarded nobody in Australia drinks starbucks

filthy seppo sewerjuice

>>51577995
Credit Suisse might be to.

>>51584790

>>51579422
lol

>>51578053
long Antarctica

>>51578091
>Shiposts will decrease by at least 80 %
you think more unemployed aussies decreases shitposting?

>>51580081
It's literally the conclusion all the greatest men in history came to, but no one has succeeded.. yet

>>51584987
you'll be too busy being master blasted in bartertown

>>51584874
>tfw No Vatican Bank to keep funds safu for the great rebunga

>>51578091
You mean increase by 80%

>>51578176

>Government
>accountable

Scott Morrison was a secret dictator for most of his term. Nothing happened.

The RBA is (((independant)))

>>51577995

>“If any commercial entity had negative equity, assets would be insufficient to meet liabilities and therefore the company would not be a going concern,” she said.

>“But central banks are not like commercial entities. Unlike a normal business, there are no going concern issues with a central bank in a country like Australia

>“Furthermore, since it has the ability to create money, the bank can continue to meet its obligations as they become due and so it is not insolvent. The negative equity position will, therefore, not affect the ability of the Reserve Bank to do its job.”

https://www.baka.com.au/politics/federal/reserve-bank-s-bond-program-helped-save-jobs-and-economy-20220921-p5bjpg.html

>>51581961

The delusion.

This article is corporate propaganda to keep the serfs spending their depreciating pay packet at one of our many monopolies.

You might be a wealthy Australian if you are a boomer who rode the real estate tidal wave. Everyone else is fucked, paying $900 per week to rent a single bedroom/garage.

Everything is cheaper in the US. Food, housing, utilities and the pay you can earn is comparable because there is so much more opportunity than in Australia. It is surreal going to shop in the US, they have so much more range than anything you can imagine back home.

Sure, the US healthcare system is fucked but you get to own GUNS.

>>51577995
>Covid:
what the fucking fuck is this shit. they’re still using that???

>>51584828
>>51584874
thank

>>51580355
they actually wrote this, sans-irony. My sides...

>>51584828
>US dollar keeps going up and is the last to fall
when?

>>51585660
Get ze booster

>>51577995
How many of these unpaid bonds are chink evergrande bonds?

>>51580355
>>51588179
Sorry I'm a dumbcunt. This article says the bonds were to pay for covid gibs and they're just putting the liability on the national debt right?. Some hajeebs grandkid will pay for my gibs thanks habibi

>>51583507
Armenians are crypto-semites

>>51583507
>oy vey goyim she’s Armenian can’t you see the difference
She’s a turkic mutt that looks like a kike because khazars are all turkic mutts.