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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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18019661 No.18019661 [Reply] [Original]

this country is literally going to collapse

>> No.18019672

>>18019661
don't worry, china will take over sooner than you think

>> No.18019678

>>18019672
this. australia is pretty much a chinese vassal state at this point

>> No.18019679

To collapse you find need to be stable

>> No.18019682
File: 107 KB, 944x653, 1512439942688.jpg [View same] [iqdb] [saucenao] [google]
18019682

>> No.18019690

great artesian basin
most gold in ground

this country should understand how fires bring new life

>> No.18019691

Can't wait. The era of Europeans running off to somewhere else is over. Going to have to come home to Europe and fix your problems here.

>> No.18019707

>>18019661
no lol they will be fine
>>18019678
china needs to worry, china will not be around in a year
investment oppurtinities are
>poland
>turkey
>japan
>korea
>mexico
>brazil
for fast growning economies
for stable investments, wait until after the EU collapses
>germany
>france
>Scandinavia
US will always be a stable investment as well
New zealand, UK, canada, and australia will also be safe investments

>> No.18019709

Don't worry guys, we're doing everything we can to secure the future and value of our property market. Remember who the real victims are in this crisis: LANDLORDS! vote liberal!

t. Scomo

>> No.18019710
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18019710

>>18019661
Yeah I'm a little worried.

>> No.18019723

>>18019691
kek

>> No.18019735

>>18019709
>Remember who the real victims are in this crisis: COMMERCIAL BANKS
ftfy

>> No.18019744

>>18019661
Did they go all in on LINK?

>> No.18019768

>>18019690
>greatest amount of everything in the ground. greatest amount of offshore gas. arable land as far as the eye can see. not to mention we're an island so if we went full ethnostate and developed our own nuclear weapons we'd be unstoppable.

>> No.18019795
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18019795

>>18019661
What are we investing in lads?
There's no way the economy won't bounce back, it may take a while though.
I'm thinking of buying into bank shares while they're down, a few companies like afterpay have dropped to ridiculously low prices and I can't see them not bouncing back eventually either.
You can turn a profit in times like these with a bit of luck and patience.

>> No.18019798

So where are you cunts putting your money for the meltdown? Over the last few years I managed to stack 1100oz silver and 2oz gold and I'd get more if it wasn't so expensive and hard to get now.

>> No.18019806

>>18019795
If you're longing, S&P 500.

>> No.18019808

>>18019691
we are full, also we dont take in criminals

>> No.18019838

my question is how long do we have? thoughts on how long this deflation lasts before helicopter money takes over? If I was taking a random guess i would say anywhere up to a year.

>> No.18019841
File: 134 KB, 1028x675, http___hss-prod.hss.aol.com_hss_storage_midas_eba680664b63534b8456aa4f8f015472_201648458_520982073.jpg [View same] [iqdb] [saucenao] [google]
18019841

>>18019795
afterpay I am starting to watch closely. every cunt cleaned themselves out panic buying, but you can bet as soon as the lock-downs are lifted they will go nuts consooming big time and it'll all be on credit and afterpay. that's if afterpay don't go bankrupt in the meantime.

>> No.18019871

>>18019768
Europeans aren't equipped to survive in the Australian climate. It causes disturbances in the personality followed by extinction. None of your genetics evolved for that much sunlight and heat.

>> No.18019948

>>18019768
the majority of arable land is in on the coast you schmuck. Taking out forestland on the east coast will deal the crippling blow to the local climate to make even that land fucked. Literally in all 200 years this fucker's been around the only thing that's saved us is our mining booms and deepthroating the US on Englands leash. The nips literally ignored Australia in WW2 because we literally weren't worth taking and made us piss ourselves when they sent a single sub to darwin.

>> No.18019952

>>18019661
In times like these, expansionism is a good move. I say we annex New Zealand.

>> No.18019968

>>18019948

fwiw, we dabbed on that submarine

>> No.18019993

>>18019678
you play too many map games incel

>> No.18020018
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18020018

>>18019948
Breathe Greta, breathe . . we talked about this

>> No.18020019
File: 76 KB, 850x400, quote-the-australian-divisions-and-the-new-zealanders-had-become-what-they-were-to-remain-john-terraine-58-8-0835.jpg [View same] [iqdb] [saucenao] [google]
18020019

>>18019948
kys

>> No.18020027

>>18019661
I’m an Australian and live in Australia. How do I profit off this?

>> No.18020059

>>18020027
Buy low, sell high.

>> No.18020090

crude oil?

>> No.18020112

>>18020019
You do understand he's literally saying Australian and New Zealand troops were literally used as cannon fodder right.
>>18020018
You don't need to suck off a literal sperg figurehead to point out our land is shit for vegetation.

>> No.18020137
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18020137

>>18019661
44% of the working population (4 million people) will lose their job.

Centerlink gibs for all

>> No.18020154

>>18019795
Unfortunately our dollar is fucked so buying S&P 500 etfs are inflated, even though they're still down.

I'd definitely buy asx 300 once we hit 40% down from peak which almost happened today. Might drop lower but you'll definitely be up with a good rate of return in 5-10 years.

>> No.18020158

>>18020059
Holy shit I just ran the numbers and this strategy actually could be profitable! Did /biz/ have it backwards this whole time??

>> No.18020184

>>18020027
get a hold of this goyim. ya cant cunt

>> No.18020214

lol every time you nerds submit things to UTS Confessions. Keep it up gents. Shill kleros more tho.

>> No.18020227

>>18019682
ha, ohh dear

>> No.18020235

>>18019710
hope that is under the legal threshold of 10k

>> No.18020242

>>18019768
lol imagine thinking this as a chinese vassal state

>> No.18020268

>>18019678
and that's a good thing

>> No.18020274

>>18019678
Australia is a US vassal and has been since the CIA BTFO Gough Whitlam for trying to nationalise our coal and oil.

>> No.18020789

>>18019707
I can't breathe, you've literally got it completely wrong (Except Mexico, by some miracle they are going to do well)

>> No.18020835

>>18019795
Just USD at the moment. Made 20% on my AUD value just from holding it a couple weeks.

>> No.18020846

Boys what's this about early super? I want to put it in link since it's a better long term hold.

>> No.18020864

>>18020846
gotta prove you lost income due to coronachan or some shit, then you can pull out 10k now, 10k next financial year

>> No.18020893

>>18019795
I was looking at afterpay but they havent actually turned a profit in 3 years. seems like a company that could go bust before they make any real money.
other than that, mining companies. FMG, BHP, or Rio. Mining companies will do well leading out of a recession and the weak aud is very good for them

>> No.18020909

>>18020846
>drawdown on you super after the market crashes 50% KEK

>> No.18020920

>>18020893
>talking about afterpay in the glorious century of BitCoin

>> No.18020925

>>18019795
Im planning on buying a shitload of GEAR
Its a leveraged index, so if All ords goes up 5%, it goes up 10%
It was 30$ on 20th of Feb, now its down to about 10$

>> No.18020946

>>18020864
Does buying supplies count?

>> No.18020957

>>18020268
get fucked chang

>> No.18021031

>>18020864
God fucking damn it fuck this faggot fucking communist fucking cunt I hate this government so much. All I do is pay shit because I wasn't retarded enough to get a 600k mortgage and a job that would tank in a recession. Houses better be fucking cheap soon and if that cunt bails the banks out again I'm going to riot.

>> No.18021043

>>18019661
I fucking hope so, then all the tourists will finally fuck off

>> No.18021077

>>18019682
based

>> No.18021106

>>18021031
lol if you can't pay your mortgage the banks are saying dont worry it's fine we'll just put it on pause till whenever, they won't kick you out or anything.

>> No.18021117

>>18019710
retard

>> No.18021201

>>18020235
holding cash and depositing into the bank is unaffected by this law, maybe even purchasing cars however this aspect is not explicitly specified and is subject to the discretion of the residing minister. But yeah, that law is for gays.
>>18021117
faggot

>> No.18021257

>>18021106
They'll still be calculating interest. They other problem is that they'll lose cashflow which is the big concern for all businesses at the moment. No cashflow leads to insolvency especially when everything is leveraged to the eyeballs.

>> No.18021357

>>18019795
>no way the economy won't bounce back
I'm optimistic too but lol, it's definitely something that could happen.

>> No.18021374

>>18020137
aussies have a really small workforce huh...

>> No.18021378

>>18019871
Europeans are not equipped to survive in the European climate.
It causes you to get cold, followed by extinction.
None of our genetics evolved for temperatures lower than 15°C

>> No.18021402
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18021402

good