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/biz/ - Business & Finance

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12385982 No.12385982 [Reply] [Original]

Why the fuck is the AUDUSD rising?

>> No.12385989

Not sure, but digging this $1/L fuel

Orange man good

>> No.12385994

>>12385982
ausfag here, the mainstream media is bullshitting about the australian economy starting a golden bull run and ausfags are believing it and buying back their aud. its a pump and dump

>> No.12386029

>>12385994
how does the aus media get away with it? constant propoganda in perth about how things are on the up and up when in reality its a deep recession with house prices falling off a cliff

>> No.12386073

>>12385994

Murdoch learned something from McAfee

>> No.12386085

>>12386029

australians are some of the dumbest, most blissfully unaware people on earth

>> No.12386132

>>12386029
Who is going to punish them? The government certainly won't and wh*tes are too inept to even protest anymore.

>> No.12386151

>>12385994
source?

>> No.12386167

>>12386132
Can you imagine Australia doing anything like the yellow vests in france, haha, never will we stand up for ourselves, useless socialism lite cuckholds

>> No.12386194

The Fed nominally backed off rate hikes, but poppa powell is just gonna come back in March and absolutely RAPE THE SHIT out of equities

The short term consequence is a rising AUD

>> No.12386209

Ausfag also here, our property market is finally starting to shake and you can see the media and "experts" panicking so hard it's hilarious. The front page of my local news has been desperate boomers shouting "our local market is immune to the crash don't panic" for like 2 weeks straight now. I hope we go full great depression tier, fuck this country.

>> No.12386222

>>12386167
>>12386132
These dudes are correct, Australians are unironically the most cucked by our government and media, our people are 50/50 split on cuckery but the ones that aren't are fucking dopes and too lazy to do anything so the government and media just keep assfucking them with the support of the other 50%, the "urbanites". Our media is full on state propaganda and we have no alternatives, no conservative source that even vaguely pretends not to be. This country is unironically more of a prison colony than it was centuries ago.

>> No.12386245

>>12386209
I came here to say this. Cant wait for the crash desu famalamadingdong. Now, im off to collect some cane toads for 10c a pop

>> No.12386254

>>12386245
Just remember to join your local nazi group before the crash not after, that way you won't accidentally get the rope.

>> No.12386265
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12386265

>>12386254
noted!

>> No.12386290

>>12386222

We probably had more freedom pre federation than we do now.

Representative democracy isn't what it's made out to be. It's really just oligarchs who subvert the will of the people.

>> No.12386296

the australian government just banned encryption and i'd be amazed if 5% of the population is aware. of the tiny % that is aware (and more to the point, the even smaller % that actually give a shit), i'd be astonished if a third of them disagreed with it. australia is doomed. the government could slide anything by the people at this point because no one would know or care.

>> No.12386312

>>12386296

australians are blissfully ignorant. why would you put up a fuss when you unironically believe 95% of what's on TV?

the middle class in australia need a big shake up for anything to happen.

>> No.12386319

Euro has been going down since the banks opened

>> No.12386320

>>12386312
>>12386296
I think they should have a plebiscite for everything...
Direct democracy is more fun.
Also Combine voting with blockchain tech so no voter fraud can occur.

Vote on every topic.

>> No.12386325

>>12386296
Its just your metadata, this wont be a slippery slope. Ooops we need everything now sorry....but its cos we need surveillance of terrorists, its for your safety. Oh hey, we are going to let in more refugees, but its ok, cos we can spy on them. Surely none of them will go crazy and stab people in the city, or drive over children on bourke st. If they do, we will totally read it on whatsapp first

Oh wait...how about mid royal commission, as multiple of the big 4 banks were identified as being part of a criminal cartel, the government made cash payments of over $10,000 illegal. So you have to use a bank for those payments

>> No.12386366

>>12386325
Oh and these cops have semi auto rifles available in case of an emergency on new years but don't worry we don't think something will occur.

>> No.12386379

>>12386366
There are no african youth gangs, (because they only affect the western suburbs). Did we mention we are lucky enough to help more refugees

>> No.12386381

>>12386379
>Did we mention we are lucky enough to help more refugees
Unless they're south african of course!

>> No.12386388

>>12385982
Do you know how before the 2008 crash the prices of bonds were going up even though more subprime mortgages were going bad. It's like that. Someone is dumping their bags right now.

>> No.12386390

>>12386381
White people can't be refugees you alt right biggot

>> No.12386400

>>12386029
>aus media
It's a joke run by some elite circle jerks brainwashing normies more than elsewhere on earth.

>> No.12386456

Oh oh, got another one.
Bail in laws. Hahaha, banks can take our money to bail themselves out. Weeeeee

>> No.12386476

>>12386296
>third of them disagreed with it
US will recover from crash and other developed countries. But Australia is enjoying a long economic honeymoon and blissfully unprepared to take on upcoming recession. The root issue that will go unaddressed is - because of prolonged honeymoon and mining/real-estate boom cycles Aussi have not given much important to meritocracy. From top government down to employee levels I haven't seen more 'misfit' candidates in any other countries/economies. Because labor market aberrations are massive / economic complexity is below fucking Kazkhastan and Banks are neck-deep in real-estate loans / malpractices, it will be interesting time for Australia for next 5-7 years.

https://atlas.media.mit.edu/en/rankings/country/eci/

Prediction: With a busted China, new mining boom will occur with shifting demographic of another Asian giant - India. So short-term fucked, but long term hopefully another mining boom driven by construction and urban consumption of India can save us.

>> No.12386574
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12386574

I'm glad there are so many woke Australians on /biz/. When shit goes full SHTF we will use our crypto riches to fund a new state together, I believe it. Until then, accelerationism, the decline is inevitable, let's make it happen sooner.

>> No.12386608

>>12386574
>new state
Let's start with one island at a time

https://www.baka.com.au/business/companies/cryptocurrency-behind-great-keppel-island-s-300-million-resurrection-20180903-p501ip.html

>> No.12386612

>>12386608
https://www.baka.com.au/business/companies/cryptocurrency-behind-great-keppel-island-s-300-million-resurrection-20180903-p501ip.html

>> No.12386630

>>12386612
Gotta dodge that wordfilter bro.

>> No.12386740

>>12386390
I just want to leave anon. I want to be a refugee from this faggot country

>> No.12386773

>>12386476
please shit in our streets pajeet!