Litenbror
Eats Squid
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Nerfonomics
- Thread starter Nerf Herder
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- economics george costanza nerf
steve jobs' pancreas
Eats Squid
Why the Reserve Bank is pushing Australia towards a recession that we don't need to have
Economists are suddenly beset with doubts about the relationship between jobs, wages and inflation, which is terrible timing for Australia, writes business editor Ian Verrender.
www.abc.net.au
As Professor PoopyButthole would say "Oooooh Weeee"
beeb
Dr. Beebenson, PhD HA, ST, Offset (hons)
It's great how our 'leading economists' collectively can't work out why employment won't go down while vast swathes of people are now suffering financial duress.
Why the Reserve Bank is pushing Australia towards a recession that we don't need to have
Economists are suddenly beset with doubts about the relationship between jobs, wages and inflation, which is terrible timing for Australia, writes business editor Ian Verrender.
As Professor PoopyButthole would say "Oooooh Weeee"
I mean, it's not like people suffering financially are desperate and take any job they can get. It's not like the fact the statisticians count casual, part-time and zero-hour contracts as "employed" despite the fact a person might need several of those types of jobs to accumulate a living wage.
Unfortunately I think the Reserve Bank know exactly what they're doing, and it's not in the interest of the general public but all for the benefit of their friends at the top of the corporate ladder. Privately-owned bank being operated to benefit private interests, surprise surprise.
jrewing
Likes Bikes and Dirt
They want all the printed Covid money that’s still sitting in extra house repayments. They believe it belongs to them.
Flow-Rider
Burner
Shiiite, banks are starting to go down in the US, not a good sign folks.
au.finance.yahoo.com
Silicon Valley Bank’s shares are tanking as a mess unfolds
Shares of Silicon Valley Bank are down sharply Thursday in the wake of the company’s announcement that it is raising additional capital by selling stock, taking a charge to roll over an asset portfolio to higher-yielding assets and extending its term-borrowing capacity. Given recent...
Oddjob
Merry fucking Xmas to you assholes
Well that accelerated quickly.Shiiite, banks are starting to go down in the US, not a good sign folks.
Silicon Valley Bank’s shares are tanking as a mess unfolds
Shares of Silicon Valley Bank are down sharply Thursday in the wake of the company’s announcement that it is raising additional capital by selling stock, taking a charge to roll over an asset portfolio to higher-yielding assets and extending its term-borrowing capacity. Given recent...
Silicon Valley Bank closed in secon...logy/2023/03/09/silicon-valley-bank-shares/
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steve jobs' pancreas
Eats Squid
Flow-Rider
Burner
Yeah, they put a trade halt on it after premarket, it was down to $38 from $267 at one stage. It shows how easily banks can fall when they run out of money, apparently they bought up big on bonds and they had to sell them at a loss to pay people their money, and plus they yielded bugger all interest.
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Flow-Rider
Burner
This is me in the world, and just waiting for the Daleks to come, exterminate, exterminate, exterminate.
pink poodle
スキーをする
Please let the slow torturous demise at least be in cooler weather!
