[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

Search:


View post   

>> No.14140558 [View]
File: 57 KB, 901x570, Capture.png [View same] [iqdb] [saucenao] [google]
14140558

I need to fucking get my hands on PM/crypto before it's too late.

The central bank of my country is fucking us hard.
Cost of living is growing at an unprecedented rate.
Housing and energy prices are not counted in CPI, and so the RBA has the AUDACITY to suggest that we have low inflation + low growth.
They drop the interest rate to prop up the debt bubble.
We are actually already in STAGFLATION.
The country is in a per-capita recession. Not helped by accelerating immigration to feed the debt bubble.
My state is in a recession.

I graduate at the end of this year. I only have the cash from ~6 months of internships to invest. Hardly in a position to benefit from the decline.
The US yield curve inverted, a crash will happen within 25 months. The AU gov and the RBA will prevent the crash from starting in Australia with immigration and cheap credit.

The rate at which quality of life is decreasing in this country is dangerously accelerating. I wouldn't be surprised if people talk about us the way that people talk about South American countries 10 years from now.

Navigation
View posts[+24][+48][+96]